GKFX ECN – always to be on the one step ahead of the competitors!
Samuel Goldwyn said: “Be yourself with everyone you meet and express the best that you have inside.”
“Our Company tries to follow this principle in everything that we do” – says Dmitry Rannev the CEO of GKFX (ECN) – “Every our customer is our impetus for expressing ourselves from the best side and offer such terms of cooperation that customer expects”.
GKFX ECN team tries their best to anticipate traders’ and investors’ wishes, offering unique technologies for comfortable, safety and effective trading. The Company’s pride – is a self made ECN (Electronic Communication Network) which doesn’t have any analogues and includes all the innovative technologies, which are used today at the financial markets.
All the experienced participants of the financial industry know that ECN represents an electronic analogue of the exchange. The essence of the GKFX ECN system is that it accumulates all the traders’ orders and the liquidity providers, such as banks, institutional brokers and other ECN systems. In this case traders have a possibility to trade directly with contractors using the best prices and instant orders execution.
GKFX ECN – is an exclusive technology of the GKFX Company, which combines the best aspects of the standard ECN system with innovative solutions of the Company. GKFX ECN offers the product which has great resources for the effective trading both for experienced and novice participants of the financial markets.
Features of GKFX ECN
GKFX ECN – is a fast orders execution, powerful protection of all trades, orders output to the interbank and many more. Among the main advantages it is necessary to point out that GKFX is a multimodular and endlessly scalable system, based on the high-speed data exchange. It is stable to the high-frequency requests and has a great defence against any computer attacks, viruses and doesn’t admit third parties to the trade operations and personal details of the users.
It can execute more than 30,000 orders per second and any quantity of liquidity providers may be connected to it in one stream. It means that the trader gets a stable system, which allows him to trade at best prices at the market.
Talking about liquidity providers we can say that GKFX ECN gives a conceptually new way to work with them. According to the innovation logic of cooperation with liquidity providers, traders can optimize their orders faster and at the same time without high forces on the providers. As a result we got a highest quality of customers’ orders execution.
Each trader in GKFX ECN has an access to the market depth (Level II), which reflects all the transparency of trading. Also here’s presented such necessary features for traders, like one-click trading and instant calculation of average price for the necessary volume.
According to GKFX ECN customers can see their own orders and orders of other traders, trade with each other without spread and also influence themselves on the spread. The average of the market spread at GKFX (ECN) begins from 0 pips.
CEO of GKFX ECN says that one more feature of the system is that traders can place pending orders without any limits and can use scalping strategies without any restrictions on the length of the order and amount of the profit. Traders can also place limit orders inside the spread.
Orders are executed instantly and there are no requotes at the ECN.MT4 accounts. Each trader in GKFX ECN can get an execution on better prices, than he indicated in the order. You can check up detailed information about GKFX ECN at the special part of the GKFX web site.
Few weeks ago GKFX launched “Trade settings” service which aim is to satisfy wishes of various traders:
- Choose how limit orders will be executed (market, FOK, GTC);
- Assign the settings for how if done orders will be executed when they fall into a gap;
- Determine how stop orders will be executed when they fall into a certain-sized gap;
- Set the record of slippage in the order commentary.
All these features give the trader freedom in choosing trading tactics.
Innovative service, as a business card of the broker
The quality of service of any broker is like a business card for him and today when the technologies develop quickly only companies which offer innovative developments can be successful.
We can see it on the example of Nokia, Samsung, Microsoft, Apple and others. Stocks of these companies have a longstanding bear trend and in the nearest future there are no prerequisites for stagnancy or downfall.
The same situation is with brokers at the Forex Market. Only those brokers who work on behalf of the traders interests can afford the new level of service. So, such brokers would have a competitive position at the market and their customer base will grow all the time.
In this case it’s very advantageous to represent the famous world forex broker – GKFX. The parent Company of the brand has a license of FCA (Financial Conduct Authority) and it gives additional reliability to its customers all over the world and also in Russia.
GKFX ECN is a product that seizes the market rapidly and forces competitors to try to launch something equal.
GKFX looks into the future with confidence because it has such attractive aspects for traders, like an instant access to the largest liquidity providers, powerful system of defence and confidentiality of the trading operations, absence of requotes and transparency of execution, self-made innovative system of communicating with providers and many more.
FTSE Russell to include 11 stocks from China’s STAR Market in global benchmarks
SHANGHAI (Reuters) – Index provider FTSE Russell will add 11 stocks from China’s STAR Market to its global benchmarks, according to a post on its website from Friday.
The move marks the first time shares from Shanghai’s Nasdaq-style STAR Market for stocks in China have been included in a global index.
The 11 stocks include Raytron Technology Co Ltd, Zhejiang HangKe Technology Co Ltd, Montage Technology Co Ltd, Advanced Micro-Fabrication Equipment Inc China.
(Reporting by Josh Horwitz and Samuel Shen in Shanghai; Editing by William Mallard)
UK insurers estimate to pay up to 2.5 billion pounds for coronavirus claims
(Reuters) – The Association of British Insurers (ABI) said on Saturday insurers are likely to pay up to 2.5 billion pounds ($3.50 billion) for UK’s COVID-19 insurance claims incurred in 2020.
The latest estimates include 2 billion pounds for COVID-19 business interruption claims and 500 million pounds for COVID-19 related protection insurance claims, travel insurance claims and other general insurance products.
ABI’s Director General Huw Evans said in a release that the pandemic illustrated some uncomfortable gaps between what people expected to be covered for and what their policy was designed for.
“We need to learn lessons from this unprecedented event and redouble our efforts to improve consumers’ trust in insurance products,” he added.
The insurance trade body said 123,000 claims have been settled with payment so far and a further 9,000 have received partial payments as of mid-January 2021.
($1 = 0.7139 pounds)
(Reporting by Maria Ponnezhath in Bengaluru; Editing by Marguerita Choy)
Oil extends losses as Texas prepares to ramp up output after freeze
By Devika Krishna Kumar
NEW YORK (Reuters) – Oil prices fell for a second day on Friday, retreating further from recent highs, as Texas energy companies began preparations to restart oil and gas fields shuttered by freezing weather and power outages.
Brent crude futures ended the session down $1.02, or 1.6%, at $62.91 a barrel while U.S. West Texas Intermediate (WTI) crude fell $1.28, or 2.1%, to settle at $59.24.
For the week, Brent gained about 0.5% while WTI fell about 0.7%.
This week, both benchmarks had climbed to the highest in more than a year.
“Price pullback thus far appears corrective and is slight within the context of this month’s major upside price acceleration,” said Jim Ritterbusch, president of Ritterbusch and Associates.
Unusually cold weather in Texas and the Plains states curtailed up to 4 million barrels per day (bpd) of crude production and 21 billion cubic feet of natural gas, analysts estimated.
U.S. energy firms this week cut the number of oil rigs operating for the first time since November, according to Baker Hughes data.
Texas refiners halted about a fifth of the nation’s oil processing amid power outages and severe cold.
Companies were expected to prepare for production restarts on Friday as electric power and water services slowly resume, sources said.
“While much of the selling relates to a gradual resumption of power in the Gulf coast region ahead of a significant temperature warmup, the magnitude of this week’s loss of supply may require further discounting given much uncertainty regarding the extent and possible duration of lost output,” Ritterbusch said.
Oil prices fell despite a surprise drop in U.S. crude stockpiles last week, before the big freeze hit. Inventories fell 7.3 million barrels to 461.8 million barrels, their lowest since March, the Energy Information Administration reported on Thursday. [EIA/S]
“Vaccines and the impressive rollouts we’ve seen have delivered strong gains, as have the efforts of OPEC+ – Saudi Arabia, in particular – and the big freeze in Texas, which gave oil prices one final kick this week,” Craig Erlam, senior market analyst at OANDA, said.
“With so many bullish factors now priced in, it seems we’re seeing some of these positions being unwound.”
The United States on Thursday said it was ready to talk to Iran about returning to a 2015 agreement that aimed to prevent Tehran from acquiring nuclear weapons. Still, analysts did not expect near-term reversal of sanctions on Iran that were imposed by the previous U.S. administration.
“This breakthrough increases the probability that we may see Iran returning to the oil market soon, although there is much to be discussed and a new deal will not be a carbon-copy of the 2015 nuclear deal,” said StoneX analyst Kevin Solomon.
(Additional reporting by Ahmad Ghaddar in London and Roslan Khasawneh in Singapore and Sonali Paul in Melbourne; Editing by Marguerita Choy, David Gregorio and Nick Macfie)
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