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iNSiGhTS – NEWS<br />
www.tradersonline-mag.com 04.2014<br />
carl icahn MaKes $600M in one DaY<br />
Carl Icahn, the billionaire investor, made more than<br />
$600m on Tuesday 18 February, after Dublin-based<br />
pharmaceuticals giant Actavis agreed to buy rival Forest<br />
Laboratories for $25bn. Mr Icahn, who is Forest’s second<br />
largest shareholder with an 11.3 per cent stake in the<br />
company, has spent years agitating the business to make a<br />
deal, and appears finally to have got his way after securing<br />
a seat on its board last summer.<br />
Source: www.telegraph.co.uk<br />
another Big win For lMax exchange<br />
LMAX Exchange has been named “Best FX Trading Venue – ECN/MTF” and “Best<br />
Infrastructure/Technology Initiative by Exchange/ATS” at this year’s Wall Street Letter (WSL)<br />
Institutional Trading Awards. LMAX Exchange has been recognised alongside leading global<br />
exchanges and financial services firms, including NASDAQ OMV, ICE NYSE Euronext, BNP<br />
Paribas Securities. The award was presented at a gathering of FX industry leaders at 583 Park<br />
Avenue in New York City on 25 February, and received by LMAX Exchange’s Chief Executive Officer<br />
David Mercer.<br />
The WSL Institutional Trading Awards honour excellence among providers to the institutional trading<br />
industry, awarding exchanges, brokerages and financial technology companies for achievements<br />
and innovation throughout the previous year.<br />
Source: www.lmax.com<br />
Fxstreet to teaM uP with M-Finance<br />
to sell its Forex news<br />
FXStreet has signed an agreement of partnership with m-finance,<br />
the most experienced and dominant entrepreneur in Hong Kong<br />
and Greater China for forex/bullion trading platforms and financial<br />
information services. They will team up to sell FXStreet’s News in Simplified and Traditional Chinese and English to<br />
m-finance’s network of brokers through their platform, applications and clients websites. This collaboration will open new<br />
markets for FXStreet through m-finance’s extended network in Asia, in particular in China, while m-finance will enrich<br />
its offer by adding this Forex news feed, a product already well implemented in the Western world but not in the East.<br />
The Forex News feed of FXStreet is made of around 160 pieces of news per day in English and around 100 in Chinese. It<br />
gives a technical radiography of the most traded currency pairs and the market’s latest movements, together with experts’<br />
analysis and bank’s forecasts for making trading decisions. The product also includes stocks and commodities news as<br />
well as some of the most important economic indicators, as Central Banks interest rate decisions or Non-Farm Payrolls for<br />
example. FXStreet’s news are provided with technical studies and charts that can be integrated in any information website<br />
or broker’s currencies platform and enterprise wide.<br />
Source: www.fxstreet.com<br />
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