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Funded trader programs in London.Learn more here https://traderfundingprogram.com/uk-london
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The Sign of Four: The End of the Islander
Mediæval is an archaic spelling of medieval, using the æ letter that is rare in English, but far more common in Danish, Norwegian and Icelandic, for example.
Ceylon was the name used for what is now Sri Lanka until 1972, when that country (which become independent in 1948) become a Republic. Today, the name only really remains in the country for Ceylon tea, apparently for marketing reasons.
There has been a police force dedicated to the Thames since 1798, being founded as the privately funded Marine Police to tackle the high volume of cargo theft from ships there. Two years later, the government set up the Thames River Police to replace the successful force. The Metropolitan Police took it over in 1839 and made it the Thames Division, it now being called the Marine Policing Unit. Historically, they also did search and rescue, today done by the RNLI.
They had just acquired their first steam launches by 1888, historically relying on rowing boats that had proved inadequate in an 1878 two-ship collision that had killed 600 to 700 people.
Gravesend is on the south bank of the Thames, twenty-one miles from Charing Cross. It was the first port of entry into London for a long time, but the opening of Tilbury Docks on the other side of the river took much of its traffic. The pilot station for the Port of London remains there, along with a RNLI lifeboat station.
There was also a ferry from Gravesend to Tilbury until March 2024, when it stopped due to lack of funding from the 'bankrupt' Thurrock Council, despite being popular.
Pocahontas is also buried in Gravesend.
The Downs is a ship anchorage off the port of Deal in Kent; ships would - and still do - anchor there to protect themselves from strong southerly or westerly winds (as the coast blocked them) or if waiting for suitable winds to head elsewhere. Indeed, the port town grew up to deal (pun intended) with their needs during their says.
There would be six bridges east of Westminster Bridge on the Thames at this time; Tower Bridge, opened in 1886, would be the easternmost crossing point that a pedestrian or carriage could use at this point. The Thames Tunnel was by now a railway tunnel. Those to the east of that were reliant on ferries until 1897, when the western part of the Blackwall Tunnel opened, in a few years becoming the bottleneck it still is to this day.
St Paul's Cathedral, at 111m high, was the tallest building in London from 1710 until 1939 when Battersea Power Station was completed at two metres taller. . Today, there are still restrictions on building new skyscrapers in London to ensure the catherdal can still be viewed.
The Tower of London had been a tourist attraction since at least the Elizabethean period; it was getting over 500,000 visitors a year by the end of the century, but still retained some non-tourist uses.
The Pool of London is the bit of the river from London Bridge to Limehouse - it was the site of the original port until the Docklands were built to deal with massive overcrowding. The maritime industry here effectively collapsed along with the rest of the docks in the 1960s, but this area hasn't seen as much regeneration as parts further east.
The West India Docks were three large docks and associated buildings built at the beginning of the 19th century (1800 to 1802) to deal with trade to/from the British West Indies, to wit the sugar produced by the slave labour in the plantations there; Robert Milligan, its architect, was a slave trader who was unhappy about the delays and theft of his goods at the wharves, so wanted a more secure facility. Closed in 1980, it was converted into the Canary Wharf development, with the famous Underground station built in the former middle dock.
Now I have mistaken a Newfoundland dog for a coat-wearing homeless person in the dark myself - they are very big dogs. However, this has to be taken in the context of the rest of the description of Tonga.
Barking Level is where the River Roding enters the Thames. It is a largely industrial area today.
Plumstead Marshes were an area of low-lying soggy ground that was used by the Royal Arsenal (see "The Bruce-Partington Plans") as a testing range; no human inhabitants (since Roman times, when the water levels were lower) and the soft ground could absorb explosions better. They were drained in the 1960s and most of the area become the new community of Thamesmead; one of those "futuristic estates" that instead became crime-ridden due to bad planning and lack of amenities, which have not yet been fully corrected.
A slightly graphic (including a nasty facial/eye injury) discussion of the problems of recovering bodies from the Thames can be found in this February 2024 news article on the search for a chemical attacker's body: https://news.sky.com/story/the-traumatising-search-for-dead-bodies-in-the-thames-and-why-dozens-are-found-every-year-13071612
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Sugar Prices Climb on Reduced Sugar Output in Brazil
March NY world sugar #11 (SBH25) today is up +0.20 (+0.90%), and December London ICE white sugar #5 (SWZ24) is up +6.40 (+1.13%).
Sugar prices today are moving higher on smaller sugar production in Brazil. Unica reported today that sugar output in Brazil's Center-South region during the second half of September fell -16.2% y/y to 2.829 MMT. Gains in sugar were limited, however, as 2024/25 Center-South sugar output through September is up +1.5% to 33.154 MMT.
On Wednesday, sugar prices retreated to 3-week lows as forecasted rains in Brazil alleviated drought concerns. Forecaster Maxar Technologies said showers will continue this week across the Center South of Brazil, the country's top sugar-producing region.
A large net long position by funds in London white sugar may exacerbate long liquidation pressures on any price downturn. Last Friday's weekly Commitment of Traders (COT) data showed funds increased their net-long positions in London white sugar by 4,460 in the week ending October 1 to a 4-year high of 40,192 net-long positions.
Continue reading.
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There is a lot of misunderstanding and misinformation regarding this issue.
The government's statement that only 500 farms a year will be affected is totally wrong. But, the NFU claims that it will impact 75,000 farms is also not entirely accurate.
I asked both my Business Advisor and Financial Advisor to research this in more detail. Both asked, "Why? You are limited company." I don't want to know how it will affect me... I want to know how it will affect sole traders, and partnerships. (I pay you god damned amount of money, for goodness sake!!!)
Their conclusions were rather woolly. One estimated around 1,000 farms would be affected, the other said up to 50,000 farms.
OK... People think I am wealthy because I live in a big house and own two farms. The truth is that I do not own my Kent home... it is held in a Trust fund until I am 72 years old, so I can not sell it. The rest of my inheritance money, or most of it was spent buying and renovating two dilapidated farms in Dorset. Yes, the farms are now a Limited Company, in which I own 30% of the shares.
My biggest worry at the moment is how much Capital Gains Tax I might have to pay when I sell the City of London office building. The sale has been agreed... so, I'm looking to my overly-paid business and financial advisors for realistic advice.
In real people's terms, I got the office building free. In truth, I exchanged most of my 33% share holding in the old family business (insurance and stockbroking), for the City office building, when they moved to Hay's Wharf in 1988.
I am not a vagrant yet!
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The Unofficial Black History Book
~~
Phillis Wheatley (1753-1784)
Imagine being the best-known and also the first African-American woman to publish a book of poetry at the age of 13, whilst being a slave.
This is her story.
Phillis Wheatley was the first African-American and second female to publish a book of poems. And she was also the youngest.
Phillis Wheatley was born on May 8th, 1753, in Gambia, West Africa. There's no record of her real birth name.
When she was no younger than seven, she was kidnapped by slave traders and brought to America in 1761. The slave traders renamed her 'Phillis' based on the slave ship she arrived on, 'The Phillis'
She was transported to the Boston docks with a shipment of "refugee" slaves who, because of their age or physical frailty, were unsuited for rigorous labor in the West Indian and Southern Colonies. They were the first ports of call after the Atlantic Crossing.
In August 1761, Susanna Wheatley, the wife of Boston tailor John Wheatley, was "in want of a domestic."
Susanna purchased "a slender, frail female child...for a trifle."
The captain of the slave ship believed that Phillis was terminally ill, and he wanted to make at least a small profit off of her before she died.
It's reported that a Wheatley relative surmised her to be "of slender frame and evidently suffering from a change of climate," "nearly naked, with no other covering than a quantity of dirty carpet about her," and "about seven years old...from the circumstances of shedding her front teeth."
When Phillis was sold to the Wheatley family, she adopted their last name and was taken under Susanna's wing as her domestic.
During her time serving the Wheatleys, which was about sixteen months, Susana discovered that Phillis had an extraordinary capacity to learn. The Wheatleys, including their son Nathaniel and their daughter Mary, taught her how to read and write after discovering her precociousness.
But this didn't excuse her from her duties as a house slave.
Phillis was soon immersed in the Bible, astronomy, geography, history, theology, British literature, and the Greek and Latin classics of Virgil, Ovid, Terence, and Homer. Inspired, she began writing poetry between the ages of 12 and 13.
At a time when African Americans were discouraged and intimidated from learning how to read and write, Phillis' life was an anomaly.
When she started to publish her poems, her fame, and talent soon spread across the Atlantic. With Susanna's support, Phillis started posting advertisements for subscribers for her first book of poems.
However, a scholar of Phillis's work, Sondra O'Neale, notes, "When the colonists were apparently unwilling to support literature by an African, she and the Wheatleys turned in frustration to London for a publisher."
In 1773, Phillis was in continuously poor health; she had chronic asthma. But she sets off for London with Nathaniel Wheatley, her master's son.
When she arrived in London, she was accepted and adored for both her poise and her literary work. And during her time there, she also received medical treatment for the ailments she was battling.
She met Selina Hastings, a friend of Susanna Wheatley and the Countess of Huntingdon. Eventually, Hastings funded the publication of Phillis's book. "Poems on Various Subjects, Religious and Moral." Was the first book of poetry published by an enslaved African American in the United States.
Her book includes many elegies as well as poems on Christian themes, even dealing with race, such as the often-anthologized "On being brought from Africa to America."
Phillis was also a strong supporter of America's fight for independence; she penned several of her poems in honor of George Washington, who was Commander of the Continental Army. She sent him one of her works that was written in 1775, and it eventually inspired an invitation to visit him in Cambridge, Massachusetts. In March 1776, she traveled to Washington.
Phillis eventually had to return to Boston to tend to Susanna Wheatley, who was gravely ill.
After the elder Wheatleys’ died, Phillis was left with nothing and had to support herself as a seamstress.
We don’t know exactly when she was freed by the Wheatleys, but some scholars suggest that she was freed between 1774 and 1778. And during that time, most of the Wheatley family had died.
Even with her literary popularity at its all-time high and being manumitted, freedom in 1774 Boston proved to be incredibly difficult.
Phillis was unable to secure funding for another publication or even sell her writing.
In 1778, she was married to a free African American man from Boston named John Peters. They had three children, but sadly, none of them survived infancy.
Their marriage proved to be a struggle due to the couple's battle with constant poverty. Phillis was then forced to find work as a maid in a boarding house, where she lived in squalid, horrifying conditions.
Even through all her misfortune, Phillis continued to write. But, with the growing tensions between the British and the Revolutionary War, she lost enthusiasm for her poems.
Although she continued to contact various publishers, she was unsuccessful in finding support for a second volume of poetry.
On December 5th, 1784, Phillis Wheatley died alone in a boarding house at 31 years old, without a penny to her name.
Many of her poems for her second volume disappeared and have never been recovered.
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Next Chapter
The 16 Street Baptist Church Bombing
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London — A senior Nigerian politician, along with his wife and another man, were found guilty by a U.K. court Thursday of attempted organ trafficking. Ike Ekweremadu, 60, a former deputy president of Nigeria's senate, his wife Beatrice and Dr. Obinna Obeta were convicted of "exploiting a vulnerable victim for illegal organ harvesting" after bringing a 21-year-old man to the U.K. from Lagos, according to the U.K.'s Crown Prosecution Service.
The Criminal Court in London heard the kidney was intended for the Nigerian couple's 25-year-old daughter Sonia, who was cleared of the charge of organ trafficking Thursday, the BBC reported.
Sonia Ekweremadu had suffered from "deteriorating kidneys" and required "regular dialysis," according to prosecutors. Authorities "found evidence that her parents, Ike and Beatrice Ekeweremadu, conspired with Dr. Obeta to identify individuals in Nigeria whose kidneys might be harvested for Sonia's benefit."
In February 2022, the victim, a street trader, was trafficked to London and "was kept under the direction and financial control of the defendants… The conspirators' plan was for the victim to provide a kidney to Sonia Ekweremadu in exchange for the suggested amount of either £2,400 or £7,000 and the promise of work in the U.K.," the prosecutor said in the statement.
The court heard the defendants had attempted to convince doctors at London's Royal Free Hospital that the victim and Sonia Ekweremadu were cousins in a bid to justify the victim's temporary travel visa to the U.K.
The victim had undergone a kidney screening, but a consultant doctor had concluded the donor was unsuitable after learning he'd been given no counselling or advice about the risks of the surgery and lacked funds for the lifelong care he would need afterward.
Authorities were made aware of the case when the victim entered a local police station in West London and said he had been trafficked from Nigeria and that someone was trying to transplant his kidney.
Joanne Jakymec, the chief prosecutor in the case, called it a "horrific plot to exploit a vulnerable victim by trafficking him to the U.K. for the purpose of transplanting his kidney."
"The convicted defendants showed utter disregard for the victim's welfare, health and well-being and used their considerable influence to a high degree of control throughout, with the victim having limited understanding of what was really going on here," Jakymec said.
A report by Interpol in 2021 found a wide network of people are often involved in organ trafficking in North and West Africa, with connections to the medical sector in countries from the region. Techniques used for illegal organ trafficking are often used for other types of human trafficking, such as promises of job opportunities abroad, as well as the use of threats and violence, the report said.
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Day Trading Forex: Everything You NEED To Know!
Are you interested in exploring the world of forex trading and want to take advantage of short-term price movements? Day trading forex might be the perfect strategy for you.
In this article, we will delve into the ins and outs of day trading forex, from understanding the forex market to developing effective strategies and managing risks. So let’s get started!
Introduction to Day Trading Forex
Benefits of Day Trading Forex
Day trading forex offers several advantages compared to other trading styles. Some of the benefits include:
Potential for quick profits: Day traders seek to profit from intraday price movements, aiming to close positions before the market closes.
High liquidity: The forex market is the largest and most liquid financial market globally, providing ample trading opportunities.
Flexibility: Traders can choose from a wide range of currency pairs and trade during different market sessions.
Lower capital requirements: Compared to other markets, forex trading allows for smaller initial investments, enabling traders to start with less capital.
Understanding Forex Market
To become a successful day trader in forex, it’s essential to have a solid understanding of the market dynamics.
Major Currency Pairs
The forex market consists of various currency pairs, but some major pairs dominate the trading volume. These include EUR/USD, GBP/USD, USD/JPY, and USD/CHF, among others. Familiarize yourself with these major currency pairs and their characteristics.
Market Hours
The forex market operates 24 hours a day, five days a week. However, certain trading sessions offer higher volatility and trading opportunities. The major sessions include the London, New York, Tokyo, and Sydney sessions. Knowing the active market hours can help you optimize your trading strategy.
Getting Started with Day Trading Forex
Before diving into day trading forex, you need to set up your trading infrastructure.
Setting Up a Trading Account
Choose a reputable forex broker that provides a user-friendly trading platform, competitive spreads, reliable execution, and comprehensive customer support. Ensure the broker is regulated by a recognized authority.
Selecting a Reliable Forex Broker
Research different forex brokers and compare their offerings, including trading costs, available currency pairs, leverage options, and deposit/withdrawal methods. Read reviews from other traders to gauge the broker’s reputation and reliability.
Funding Your Trading Account
Technical and Fundamental Analysis
Successful day trading forex relies on a combination of technical and fundamental analysis techniques.
Candlestick Patterns
Candlestick patterns provide valuable insights into price dynamics. Learn to identify patterns such as doji, engulfing, and hammer, which can signal potential reversals or continuations in the market.
Moving Averages
Moving averages help smooth out price fluctuations and identify trends. Experiment with different moving average periods, such as the 50-day and 200-day moving averages, to identify potential entry and exit points.
Support and Resistance Levels
Support and resistance levels are price levels at which the market tends to bounce or reverse. Identify key support and resistance levels using horizontal lines on your charts and incorporate them into your trading decisions.
Economic Indicators
Economic indicators, such as GDP growth, inflation rates, and employment data, can significantly impact currency prices. Stay informed about major economic releases and their potential effects on the forex market.
News Events
Popular Day Trading Strategies
To succeed in day trading forex, you need to implement effective trading strategies that suit your trading style and risk appetite.
Scalping
Scalping involves making multiple trades within a short time frame, aiming to capture small profits from quick price movements. Scalpers often rely on tight spreads and fast execution to capitalize on these rapid price changes.
Breakout Trading
Breakout traders look for significant price breakouts above resistance or below support levels. They aim to enter trades early in a new trend to maximize profit potential. Breakout strategies often utilize technical indicators to confirm breakouts.
Momentum Trading
Risk Management in Day Trading Forex
Managing risk is crucial in day trading forex to protect your capital and preserve long-term profitability. Here are a few ways to help manage your risk:
Setting Stop-Loss Orders
Always use stop-loss orders to limit potential losses on each trade. Determine an appropriate level for your stop-loss order based on your risk tolerance and the characteristics of the currency pair you are trading.
Implementing Proper Position Sizing
Calculate your position size based on the size of your trading account and the percentage of capital you are willing to risk per trade. Avoid overexposing your account by trading positions that are too large relative to your account size.
Managing Leverage
Emotions and Psychology in Day Trading
Controlling emotions and maintaining a disciplined mindset are crucial in day trading forex.
Controlling Greed and Fear
Greed and fear are common emotions that can cloud judgment and lead to irrational trading decisions. Develop self-awareness and discipline to overcome these emotions and make objective trading choices.
Maintaining Discipline
Stick to your trading plan and avoid impulsive trades driven by emotions. Follow your strategy and trading rules consistently, even when faced with market fluctuations.
Developing a Trading Plan
Building a Trading Routine
Establishing a structured trading routine can help you stay organized and make better trading decisions.
Pre-market Analysis
Before the market opens, conduct a thorough analysis of the currency pairs you are interested in trading. Review economic calendars, technical indicators, and news events that may impact the market.
Executing Trades
Once the trading day begins, execute your trades based on your predefined strategies and analysis. Stick to your risk management rules and avoid impulsive trades based on emotions.
Reviewing and Analyzing Trades
Resources and Tools for Day Traders
Several resources and tools can assist day traders in their trading activities.
Educate Yourself
It is important to stay up to date and learn constantly when you are day trading. It’s always a good idea to begin your journey with a day trading forex course such as the Cash on Demand Trades Education or The Ultimate Forex Strategy
Trading Platforms
Choose a user-friendly trading platform that provides real-time charts, technical indicators, order execution capabilities, and access to relevant news and analysis.
Charting Software
Utilize charting software to analyze price patterns, apply technical indicators, and identify potential trade setups. Popular charting platforms include MetaTrader, TradingView, and NinjaTrader.
Economic Calendars
Stay informed about upcoming economic events and news releases using economic calendars. These calendars provide information on scheduled economic indicators, central bank meetings, and other market-moving events.
Online Communities and Forums
Engage with other day traders through online communities and forums. Participate in discussions, share ideas, and learn from experienced traders. Collaborating with like-minded individuals can enhance your trading knowledge and skills.
Tips for Successful Day Trading
Consider the following tips to improve your day trading performance:
Stay Informed and Educated: Continuously update your knowledge about the forex market, trading strategies, and risk management techniques. Follow reputable sources of market analysis and stay informed about economic developments.
Practice Risk Management: Always prioritize risk management to protect your capital. Implement appropriate stop-loss orders, manage your position sizes, and avoid overtrading.
Start with Small Positions: When starting out, focus on small position sizes to minimize risk. Gradually increase your position sizes as you gain experience and confidence in your trading abilities.
Keep Emotions in Check: Emotions can cloud judgment and lead to poor trading decisions. Maintain emotional discipline, stick to your trading plan, and avoid impulsive actions driven by fear or greed.
Review and Learn from Your Trades: Regularly review your trading performance, analyze your trades, and identify areas for improvement. Learn from both successful and unsuccessful trades to refine your strategy.
Final Thoughts
Day trading forex offers exciting opportunities for traders to profit from short-term price movements in the forex market.
By understanding the market dynamics, implementing effective strategies, managing risks, and maintaining emotional discipline, you can increase your chances of success in day trading forex.
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Stockstrends.com
The owners of Stockstrends.com claim that the brand has offices in the UK and the British Virgin Islands. In addition, the company guarantees its clients “Swiss security,” but it does not publish copies of UK regulators’ licenses on the site. Can you entrust your funds to this project? Our in-depth review will help you learn more information about the broker and identify its true targets. How to Trade
Stockstrends.com offers clients its own online platform, which it positions as unique and advanced. The forex broker gives access to trading more than 1,500 assets, including currencies, stocks, indices, and cryptocurrencies.
You will find the following services on the company’s website:
7 rate plans with minimum deposit amounts ranging from $5,000 to $500,000. Minimum order size of 0.01 lots, leverage up to 1:200. Lightning-fast execution of trades, contract size 1 lot from 10 to 100,000.
Stockstrends.com does not provide traders with an opportunity to familiarize themselves with the platform in demo mode. As for the withdrawal of funds, the company does not indicate on the site even brief information about the application processing time, commissions, and the minimum amount. Stockstrends.com reserves the right to terminate the contract with the client unilaterally. This means the broker will terminate cooperation at any time without notifying the user.
The company’s website has an English interface only. Stockstrends.com promises to provide educational services; analytical materials are available only to registered users. Stockstrends.com Vital Info
There is no information about the project’s history and license on the official website, despite the indicated addresses of offices in the UK. As is known, this country has a strict financial commission, which prohibits brokerage firms from operating without regulation. Besides, the legal entity, Stocks Trends Limited does not appear anywhere in the documentation presented on the website.
We decided to check the broker’s registration in the registry, and we did not find the Stockstrends.com brand in the UK. As for the date of the project foundation, the website domain was created in September 2023. It is possible that no such legal entity exists and the platform is managed by individuals. However, it is not clear to us where the client will turn if a dispute arises or if the company blocks their account. The Goods & The Bads
The promise of educational services.
No legal entity. Anonymous resource owners. No licensing and regulation. High minimum deposit. Poorly described trading conditions. High leverage, prohibited in the UK.
Domain: stockstrends.com Phone: +45(0)800123456 E-mail: [email protected] Domain registration: 15/09/2023 Address: Tower 42, 25 Old Broad St, London EC2N 1HN, United Kingdom Go to company website FAQ What are the key facts about Stockstrends.com? What's the risk to my wallet when working with this broker? How can I give my thoughts about Stockstrends.com? Where can I find out about suspicious companies like Stockstrends.com? Do you have information about reliable and safe companies?
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Stockstrends.com
The owners of Stockstrends.com claim that the brand has offices in the UK and the British Virgin Islands. In addition, the company guarantees its clients “Swiss security,” but it does not publish copies of UK regulators’ licenses on the site. Can you entrust your funds to this project? Our in-depth review will help you learn more information about the broker and identify its true targets. How to Trade
Stockstrends.com offers clients its own online platform, which it positions as unique and advanced. The forex broker gives access to trading more than 1,500 assets, including currencies, stocks, indices, and cryptocurrencies.
You will find the following services on the company’s website:
7 rate plans with minimum deposit amounts ranging from $5,000 to $500,000. Minimum order size of 0.01 lots, leverage up to 1:200. Lightning-fast execution of trades, contract size 1 lot from 10 to 100,000.
Stockstrends.com does not provide traders with an opportunity to familiarize themselves with the platform in demo mode. As for the withdrawal of funds, the company does not indicate on the site even brief information about the application processing time, commissions, and the minimum amount. Stockstrends.com reserves the right to terminate the contract with the client unilaterally. This means the broker will terminate cooperation at any time without notifying the user.
The company’s website has an English interface only. Stockstrends.com promises to provide educational services; analytical materials are available only to registered users. Stockstrends.com Vital Info
There is no information about the project’s history and license on the official website, despite the indicated addresses of offices in the UK. As is known, this country has a strict financial commission, which prohibits brokerage firms from operating without regulation. Besides, the legal entity, Stocks Trends Limited does not appear anywhere in the documentation presented on the website.
We decided to check the broker’s registration in the registry, and we did not find the Stockstrends.com brand in the UK. As for the date of the project foundation, the website domain was created in September 2023. It is possible that no such legal entity exists and the platform is managed by individuals. However, it is not clear to us where the client will turn if a dispute arises or if the company blocks their account. The Goods & The Bads
The promise of educational services.
No legal entity. Anonymous resource owners. No licensing and regulation. High minimum deposit. Poorly described trading conditions. High leverage, prohibited in the UK.
Domain: stockstrends.com Phone: +45(0)800123456 E-mail: [email protected] Domain registration: 15/09/2023 Address: Tower 42, 25 Old Broad St, London EC2N 1HN, United Kingdom Go to company website FAQ What are the key facts about Stockstrends.com? What's the risk to my wallet when working with this broker? How can I give my thoughts about Stockstrends.com? Where can I find out about suspicious companies like Stockstrends.com? Do you have information about reliable and safe companies?
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Stockstrends.com
The owners of Stockstrends.com claim that the brand has offices in the UK and the British Virgin Islands. In addition, the company guarantees its clients “Swiss security,” but it does not publish copies of UK regulators’ licenses on the site. Can you entrust your funds to this project? Our in-depth review will help you learn more information about the broker and identify its true targets. How to Trade
Stockstrends.com offers clients its own online platform, which it positions as unique and advanced. The forex broker gives access to trading more than 1,500 assets, including currencies, stocks, indices, and cryptocurrencies.
You will find the following services on the company’s website:
7 rate plans with minimum deposit amounts ranging from $5,000 to $500,000. Minimum order size of 0.01 lots, leverage up to 1:200. Lightning-fast execution of trades, contract size 1 lot from 10 to 100,000.
Stockstrends.com does not provide traders with an opportunity to familiarize themselves with the platform in demo mode. As for the withdrawal of funds, the company does not indicate on the site even brief information about the application processing time, commissions, and the minimum amount. Stockstrends.com reserves the right to terminate the contract with the client unilaterally. This means the broker will terminate cooperation at any time without notifying the user.
The company’s website has an English interface only. Stockstrends.com promises to provide educational services; analytical materials are available only to registered users. Stockstrends.com Vital Info
There is no information about the project’s history and license on the official website, despite the indicated addresses of offices in the UK. As is known, this country has a strict financial commission, which prohibits brokerage firms from operating without regulation. Besides, the legal entity, Stocks Trends Limited does not appear anywhere in the documentation presented on the website.
We decided to check the broker’s registration in the registry, and we did not find the Stockstrends.com brand in the UK. As for the date of the project foundation, the website domain was created in September 2023. It is possible that no such legal entity exists and the platform is managed by individuals. However, it is not clear to us where the client will turn if a dispute arises or if the company blocks their account. The Goods & The Bads
The promise of educational services.
No legal entity. Anonymous resource owners. No licensing and regulation. High minimum deposit. Poorly described trading conditions. High leverage, prohibited in the UK.
Domain: stockstrends.com Phone: +45(0)800123456 E-mail: [email protected] Domain registration: 15/09/2023 Address: Tower 42, 25 Old Broad St, London EC2N 1HN, United Kingdom Go to company website FAQ What are the key facts about Stockstrends.com? What's the risk to my wallet when working with this broker? How can I give my thoughts about Stockstrends.com? Where can I find out about suspicious companies like Stockstrends.com? Do you have information about reliable and safe companies?
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Lux Trading Firm
"We are a leading proprietary trading firm based in London (UK), specializing in supporting experienced prop traders.
Our commitment is to help traders excel and provide the tools and capital they need to compete in a marketplace defined by change and disruption.
We are focused on seeking out trading and investment opportunities to grow our capital in the global financial markets."
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Day Trading Firm
Lux Trading Firm is a trusted prop trading firm, Forex Proprietary Trading Firms in the UK. Select the evaluation funded trading accounts program to trade in any trading style.
Day Trading Firm
About Company :- We are a leading proprietary trading firm based in London (UK), specializing in supporting experienced prop traders.Our commitment is to help traders excel and provide the tools and capital they need to compete in a marketplace defined by change and disruption.We are focused on seeking out trading and investment opportunities to grow our capital in the global financial markets.
Click Here For More Info.:- https://luxtradingfirm.com/
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What is a Stock Market?
The stock market is a financial marketplace where individuals, corporations, and institutions trade shares, representing ownership in a company. It serves as a platform for companies to raise capital for growth and for investors to build wealth by owning a piece of those companies. 📊💼
How the Stock Market Works
The stock market operates through exchanges like the New York Stock Exchange (NYSE) and Nasdaq. Companies list their shares on these exchanges via an Initial Public Offering (IPO), allowing the public to buy and sell shares. Once listed, shares are traded on the secondary market, where supply and demand determine prices.
When a company performs well or shows potential for growth, demand for its shares increases, driving up the price. On the other hand, poor performance or negative sentiment reduces demand, lowering the stock price. 📈📉
Key Components of the Stock Market
Stock Exchanges: Platforms where buying and selling take place, such as NYSE, Nasdaq, and London Stock Exchange. 🏛️
Investors and Traders:
Investors aim for long-term growth, holding stocks for years.
Traders focus on short-term price movements, buying and selling frequently. 🧑💼💰
Stock Indices: Indices like the S&P 500 and Dow Jones track the performance of specific groups of stocks, offering insights into market trends. 📊
Regulators: Organizations like the Securities and Exchange Commission (SEC) oversee and ensure fair trading practices. ⚖️
Types of Stock Markets
Primary Market: Where companies issue new shares to raise capital through IPOs. This is the first step for a company entering the stock market. 🚀
Secondary Market: After IPOs, stocks are traded between investors in the secondary market, where most trading occurs. 🔄
Benefits of the Stock Market
Capital for Companies: The stock market provides businesses with funding for growth and innovation. ��
Investment Opportunities: It allows individuals to grow their wealth by investing in companies they believe in. 🌟
Wealth Generation: Long-term investments in the stock market can lead to significant financial gains. 💰📈
Economic Indicator: The stock market reflects the overall health of the economy. 🌍📊
Risks in the Stock Market
While the stock market offers opportunities, it comes with risks:
Volatility: Stock prices can fluctuate due to economic changes, market sentiment, or company-specific events. ⚡
Economic Risks: Factors like inflation, unemployment, or global crises can impact market performance. 🌐📉
Emotional Decisions: Fear and greed often lead investors to make poor financial choices. 🤔
Conclusion
The stock market is a cornerstone of the global economy, providing a platform for companies to raise funds and investors to achieve financial growth. 📈💼 However, it requires understanding its mechanisms and risks. By staying informed, setting clear goals, and practicing disciplined decision-making, individuals can harness the stock market's potential to build long-term wealth. 🌟
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British Hedge Fund Trader Sentenced in Record-Breaking £1bn Danish Fraud
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Source: thelocal.dk
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Historic Sentence for Sanjay Shah
British hedge fund trader Sanjay Shah has been sentenced to 12 years in prison by a Danish court after being found guilty of orchestrating a £1 billion Danish fraud, marking the largest such case in Denmark’s history. Shah, the founder of London-based hedge fund Solo Capital Partners, was also handed a permanent entry ban to Denmark and ordered to forfeit assets worth $1 billion (7.2 billion DKK), including multiple properties.
The high-profile trial lasted several months, during which prosecutors argued that Shah was the central figure in a meticulously planned scheme to defraud the Danish fraud. Between 2012 and 2015, he allegedly exploited a complex trading strategy known as cum-ex to fraudulently reclaim dividend tax refunds totaling more than £1 billion. Despite maintaining his innocence and claiming to have used a legal loophole, Shah’s defense team failed to have the case dismissed.
Danish prosecutor Marie Tullin highlighted the unprecedented scale of the crime and Shah’s leading role. “The maximum sentence reflects the extraordinarily large amount, the extended time frame, and his central role in managing this fraud against the Danish state,” she said. Shah has appealed the verdict but will remain in custody while awaiting further proceedings.
Fraud Scheme and its Consequences
The cum-ex scheme Shah was accused of involves rapid, high-volume share trading between investors to exploit loopholes in dividend tax refund systems. This practice enables multiple claims for the same tax refund, draining public coffers. Prosecutors emphasized Shah’s control over the scheme, describing it as a “meticulously planned” operation aimed at exploiting Denmark’s tax system.
During the trial, Shah appeared calm, even donning a Santa Claus hat, as the verdict was delivered. Judge Nanna Blach described his role as “completely central,” holding him accountable for unjust payouts that significantly impacted the Danish fraud.
This case is part of a broader investigation into cum-ex trading schemes, which have reportedly cost Denmark over $1.8 billion (12.7 billion DKK) and impacted other European nations, including Germany and Belgium. Shah was among nine British and American nationals accused of participating in similar fraudulent activities.
Shah’s Extravagant Past and Legal Challenges
Before his arrest in 2022, Shah resided in Dubai, where he gained notoriety for hosting lavish parties and celebrity-studded concerts for his autism charity. His opulent lifestyle stood in stark contrast to the allegations of fraud he now faces. Shah was extradited from the United Arab Emirates to Denmark in December 2023, following years of legal wrangling.
In addition to his criminal conviction, Shah is fighting a civil tax fraud case brought by the Danish tax authority in London, scheduled to conclude in April. Despite his conviction, Shah displayed a defiant attitude as he left the courtroom, smiling at reporters and quipping, “See you next year.”
The case underscores the growing scrutiny of financial loopholes and fraudulent schemes that exploit tax systems, with countries like Denmark taking strong measures to deter similar crimes in the future.
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UK inflation drives UK100 higher, GBP flat ahead of FOMC
UK stocks edged higher on Wednesday as the latest inflation figures rose, and investors eyed the last policy announcement from the US Federal Reserve of 2025.
On foreign exchanges, sterling was essentially flat against the dollar at 1.2710 and a smidge lower versus the euro at 1.2107 after UK inflation notched up a second consecutive monthly rise.
The annualised consumer price index (CPI) rose to 2.6% in November, up from 2.3% in October, in line with expectations, but still the highest level since March this year. On a monthly basis, CPI rose by 0.1%, compared with a fall of 0.2% a year previously.
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Core CPI, which strips out the more volatile elements of energy, food alcohol and tobacco, rose by 3.5% in the 12 months to November, up from 3.3% in October but below forecasts for a rise to 3.6%.
Other data on Wednesday showed that UK house prices rose by 4.8% in 2024, according to a year-end report from mortgage lender Halifax, with the average house price reaching a record level of £298,083. Meanwhile, Office for National Statistics data showed the average UK house price increased by 3.4% in the 12 months to October, ticking upwards from 2.8% in September, with the average house price in October at £292,000.
The Bank of England meets on Thursday to make its latest decision on interest rates and is widely-expected to keep the cost of borrowing on hold. The bank’s Monetary Policy Committee (MPC) has trimmed rates twice this year but remains hesitant about sticky inflation.
Most eyes, however, were on the US rate decision, due to be announced at 7.00pm GMT. Most traders are expecting a 25 basis points cut by the Fed, which is fully discounted by the markets. Apart from the rate decision, market attention will be on the updated rate projections and comments from Fed chair Jerome Powell.
In London, around 2.30pm GMT, the FTSE 100 index was up 0.1% at 8,204, while the FTSE 250 index was ahead 0.4% at 20,623.
British Airways and Iberia owner IAG featured among the FTSE 100 gainers, adding 2.1% after analysts at Jefferies hiked their price target for the airlines group to 350p from 270p in a sector review.
Kingfisher edged up 0.5% as the DIY retailer announced the sale of its Brico Dépôt business in Romania to retailer Altex Romania for €70mln (around £58mln).
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But on the downside, National Grid shed 0.9% as the energy distributor released its RIIO-T3 Business Plan detailing investments of up to £35bn over a five-year period from April 2026. On the second line, Games Workshop – which will join the FTSE 100 index next week - added 0.4% as Warhammer games firm rewarded shareholders with an 80p-per-share dividend, bringing year-to-date returns to 265p, a substantial increase from the 195p paid out in the same period in 2023.
But among the FTSE 250 fallers, Transact platform owner IntegraFin dropped 9.7% as caution about rising administrative costs next year offset full-year results which showed a 17pc improvement in funds under direction to £64.1bn, driven by net inflows of £2.5bn.
And on AIM, discount shoe retailer Shoe Zone plunged by 42.2% as it warned on profits and said it had been forced to close some stores due to National Insurance changes announced in October’s UK Budget.
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Cheyne Strategic Value Credit appoints Head of Origination and Trading
Alternative investment fund manager Cheyne Capital Management has appointed Dan Magee as Managing Director, Head of Origination and Trading for Cheyne Strategic Value Credit.
Magee, who will be based in London, succeeds David Lofts, who will remain a partner in the business but will transition to the US, where he will engage with US-based counterparties in the origination of cross-border opportunities while partnering with Magee to enhance existing relationships with European corporate advisory firms and bank asset disposal teams.
Prior to joining Cheyne SVC, Magee was a senior trader in the special situations team at Credit Suisse, originating and structuring private lending transactions and trading stressed and distressed credit. He began his career as a lawyer at Allen & Overy where he focused on leveraged lending, corporate restructurings and insolvency.
Cheyne SVC was established in 2017 and manages two strategies – one which focuses on stressed situations, providing restructuring solutions and turnaround capital, and another which provides debt capital solutions to predominantly non-sponsored mid-market enterprises.
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