Video PlayerClose MADRID, July 27 (Xinhua) -- China is firm in respecting and maintaining the rules of the World Trade Organization (WTO), and is a dynamic participant, strong defender and important contributor to the multilateral trade regime, Chinese Ambassador to Spain Lyu Fan said. China has always practiced free trade, fulfilling the related commitments and opening the market to a large extent since it joined the WTO, the ambassador said in a recent interview with Spanish newspaper "Expansion" titled "Nobody will be the winner of a trade war." "We implement the strategy of openness based on mutual benefit and win-win and, in achieving our own development, we make efforts so that this development benefits other countries and peoples, contributing a third to the economic growth of the world," he said. "This is the historical option chosen by China following the trend in world development," he added. The ambassador said Spain and other countries are weclome to attend the the China … [Read more...] about China strong defender of multilateral trade regime: ambassador
Thinkorswim options trading tutorial
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations. The share of cash volumes in the overall trading mix has seen a sustained decline over the last six financial years, weighing on margins of brokers. The share of cash in average trading daily volumes declined to 2.7 per cent at the end of FY19 compared with 7.7 per cent at the end of FY13. Conversely, the share of F&O has risen, with the options cornering an 88 per cent share, up from 76 per cent at the end of FY13. “The broking yields are expected to contract further, given the competitive pressures and the increase in low-yielding derivatives as well as the non-delivery segment."This, in turn, is expected to result in moderation of profitability from core broking operations in the current fiscal after a year of supernormal profits,” said a note put out by ICRA in December last year. “Retail participation is expected to moderate with … [Read more...] about Why stock brokers are an unhappy lot today
Email By Europe correspondent James Glenday Updated June 22, 2016 13:47:09 Sorry, this video has expired Video: Brexit: Will Britain stay or go? (ABC News) Related Story: Polls suggest support for Brexit growing in UK Related Story: Meet the eight-year-old politician who wants Britain out of the EU Related Story: Tory MP slams Turnbull for saying he would welcome the UK remaining in the EU Map: United Kingdom Few things are messier than a relationship on the rocks.And Britain's 43-year marriage with the European Union (and its predecessors) could be about to come to a spectacular end.The two have had more ups and downs than an episode of EastEnders but on June 23 Brits get the option of filing for divorce.They'll be asked:"Should the United Kingdom remain a member of the European Union or leave the European Union?It's an emotional decision for many voters. And like most big break-ups, the shockwaves of a "Brexit" — that's short for British exit — could be … [Read more...] about Brexit: Could the UK leaving the European Union be the world’s biggest break-up?
Brokers are meant to only facilitate buying and selling of securities. They are also permitted to offer advice on which stocks the client should buy or sell. But do not leave your funds and securities with a broker, warns Sanjay Kumar Singh. Photograph: Arko Dutta/Reuters A Delhi-based broker, Allied Financial Services, is in the news for the wrong reasons. Its activities have allegedly triggered a default by its clearing member, IL&FS Securities Services. Odisha Cement, a client, has alleged that mutual fund (MF) units worth Rs 344 crore were transferred by the broker from the demat account of one of its subsidiaries. While the courts and the regulator probe deeper into the case, let us focus on some of the mistakes investors must avoid in their relationship with their broker.The first lesson, according to experts, is that clients should confine their relationship with their broker only to broking. Brokers are meant to only facilitate buying and selling of securities. They are … [Read more...] about Mistakes investors should avoid with brokers
What are FMPs and should you invest in them? With quantitative easing -- the introduction of new money by central banks into the financial system -- being reversed, yields are rising across the world. This trend is exerting pressure on yields in the Indian debt market as well. In this volatile scenario, one debt mutual fund option that investors can turn to is fixed maturity plans, popularly known as FMPs. These funds have the potential to offer steady and tax-efficient returns to investors even in a rising interest rate scenario. Between 2014 and 2016, there was a rally in Indian bonds and the debt market gave excellent returns. But the market took a breather in 2017. The trend of falling yield for the benchmark 10-year government bond reversed, and it rose 10.95 per cent during the calendar year. With this reversal, the returns of debt funds across the spectrum -- from ultra short term to long term -- were adversely affected. Bond prices have inverse correlation with yields. When … [Read more...] about How to beat rising interest rates and save tax