Versus Trade, an international CFD broker established in 2024, was named Best ECN/STP Broker APAC 2026 at the UF AWARDS held on October 8 during iFX EXPO Asia in Hong Kong. The award is the company's third UF AWARDS recognition in two years, following Best Forex Spreads APAC 2025 and Fastest Growing Broker Global 2026. Winners are selected through an open vote involving traders, partners and other market participants. The company offers more than 200 CFD instruments via MetaTrader 5, including its proprietary Versus Pairs. CEO Vitalii Bulynin said the focus is on building trading infrastructure and services that support clients' everyday experience.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on investegate.co.uk ↗
Related news
- Boom or Bust, Bitcoin Wins the AI Trade, Bitwise CIO Says
Bitwise CIO Matt Hougan argues in an investor note that Bitcoin benefits across nearly every macro scenario, like the 'Choose Your Own Adventure' books where different paths lead to the same ending. If AI delivers 'superabundance,' scarce assets such as Bitcoin should gain; if the AI bubble bursts, he puts the odds of a government bailout and money-printing at 'nearly 100%,' an environment he says Bitcoin 'was built for.' In a muddle-through scenario of about 3% growth and 4% rates, Bitcoin keeps growing through ETF flows and institutional adoption. Hougan acknowledges risks: Bitcoin fell 50% in days during the 2020 COVID panic before rebounding roughly 20-fold, and a government crackdown or quantum computing could break the thesis. The note comes as BlackRock CEO Larry Fink warned that a halt to data center construction could tip the U.S. into recession.
- Russia's Biggest Bank Sberbank Wins Approval to Trade Bitcoin
The Bank of Russia added Sberbank to its register of crypto exchange operators on October 12, six days after listing it as a digital depository. Sberbank plans to launch Bitcoin, Ethereum and USDT on December 1 across SberBank Online, SberInvestments and SberBusiness, though the date depends on central bank decisions and secondary regulations being ready in time. Non-qualified retail buyers face a 300,000-ruble (about $3,800) annual cap per intermediary and a knowledge test, and paying for goods with crypto remains illegal. Deputy Chairman Anatoly Popov has forecast that Russian crypto trading volumes could reach 4 trillion rubles (roughly $46 billion) in the first year.
- The best of the AI trade could be behind us. Here’s how to prepare, according to Barclays
- Dow Sees Best Day In Over A Month As Investors Rotate Out Of AI Trade On Overspending Concerns — CRWV, META, SPCX, PEP In Focus
The Dow Jones rose about 1% on Thursday as investors rotated from chip stocks into more defensive sectors after producer prices came in hotter than expected. The S&P 500 gained 0.3%, the Nasdaq 100 slipped 0.1%, and the Russell 2000 rose 1.4%. September producer prices rose 1.3% month over month and 6.3% year over year, their sharpest monthly and annual acceleration since 2022, stoking fears of further rate hikes with one currently priced in for December. The Nasdaq and AI-linked stocks came under pressure, with CoreWeave's debt burden as the catalyst, though Nvidia CEO Jensen Huang dismissed concerns about CoreWeave's financial stability and said Nvidia has no plans for a rescue package. In other news, Meta released Muse Spark Open, PepsiCo slipped 1% after KFC U.S. chose Coca-Cola, and EU antitrust officials are preparing to swiftly approve the Project Bromo coalition to counter SpaceX.
- Is this the best time for investors to buy in on the AI trade?
On the Market Hang panel, five guests debate whether now is a good time for investors to buy into the AI trade, with chipmaker stocks looking cheaply priced. One panelist argues the low valuations reflect market doubt about how the AI trade will play out, while rising bond yields, such as the 10-year rate moving to 5.25 or 5.4, could pressure growth names more quickly. The group challenges the idea that the AI trade is insensitive to rates, noting that the market is clearly rate-sensitive today. They also discuss a possible Anthropic IPO and whether volatility in its shares could unsettle investors, though one panelist doubts the broader market would panic.
Related markets
Latest news
- Winning over Vingroup and Sun Group with concrete and special materials: Vietnamese company's profit up 136%, chairman speaks out
Song Da Cao Cuong (SCL) reported Q3/2026 profit of VND 38 billion, up 136%, on net revenue of over VND 263 billion (up nearly 98%), while gross profit margin rose from about 36% to 41%. For the first nine months, revenue reached nearly VND 666 billion (up 81%) and after-tax profit nearly VND 94 billion, already exceeding more than 110% of its full-year profit target. Chairman Kieu Van Mat attributed the results to technology upgrades, production line optimization and capacity expansion, with several new plants expected to start operations by November 2026. The company said it spent more than two years testing its products before Vingroup accepted them; Vingroup's share of its business has fallen to about 25% as customers expanded to around 10 major groups and exports began to Laos, Cambodia and the Philippines. Over the past two years, the company has invested about VND 1,000 billion in factories and technology.
- Coteccons Chairman Bolat Duisenov reveals new direction: expanding home construction for individual customers
At the annual general meeting on October 20, Coteccons (HoSE: CTD) set fiscal 2027 targets of VND 42,000 billion in revenue and VND 1,050 billion in after-tax profit, and said it is considering expanding into residential construction for individual customers (B2C). In fiscal 2026, net revenue reached VND 34,340 billion (up 38%, 115% of plan) and after-tax profit VND 788 billion (up 73%); new contract wins totaled VND 60,307 billion and backlog was about VND 70,000 billion. In the first quarter of the new fiscal year, the company booked revenue of VND 11,270 billion and profit of VND 306 billion, but new contract value of VND 14,519 billion was lower than a year earlier; the company said it is tightening criteria for selecting clients and projects. Coteccons is also working with Microsoft, is expected to become a strategic partner of Workday, and targets raising its ROE from 10% to 15-18% by 2030.
- UPS Yields 6.7% After Firing Amazon. Here's Whether the Dividend Survives 2027.
UPS shares yield 6.7% as of October 16. The company has moved away from high-volume, low-margin Amazon deliveries and froze its dividend earlier this year, ending a 16-year streak of increases. The article says the payout will likely remain frozen through 2026 and 2027, citing competition from 10- and 30-year Treasury yields above 5% and other industrial dividend payers, but calls the dividend's safety questionable: UPS generated $5.47 billion in free cash flow in 2025, with $5.4 billion going to dividends, and free cash flow is projected to fall to $5.05 billion in 2026 and $5.01 billion in 2027, with the dividend absorbing about 98% of 2026 free cash flow. Rising competition and high fuel prices add pressure, and the article suggests investors may find more safety in the industrial sector.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading on Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices stayed high. Japan's Nikkei 225 slipped 0.6% to 64,512.35 in early trading, South Korea's Kospi dropped 2.8%, and Australia's S&P/ASX 200 lost 0.8%. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq gained 1.1%, helped by Nvidia's 1.4% gain, while most stocks outside AI and tech fell and the Dow slipped 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose to $103.50 a barrel and Brent to $109.47, as uncertainty about when the energy industry will return to normal after the war with Iran means oil is unlikely to ease soon.
- Asian shares mostly decline after AI stocks lead a rebound on Wall Street
Asian shares mostly fell in cautious trading Tuesday after AI-related stocks rebounded on Wall Street, while other sectors stayed shaky and oil prices remained high. Japan's Nikkei 225 slipped 0.6% to 64,512.35, Australia's S&P/ASX 200 lost 0.8% to 8,772.10, and South Korea's Kospi dropped 2.8% to 5,605.31. On Wall Street, the S&P 500 rose 0.4% and the Nasdaq rallied 1.1%, helped by Nvidia, while the Dow fell 0.1%. The 10-year Treasury yield climbed to 5.14%, and U.S. crude rose 0.15% to $103.50 a barrel as uncertainty over the war with Iran kept oil prices elevated.
- What Could X-Energy (XE) Gain From Its 960MW Indiana Nuclear Project?
X-Energy (NasdaqGS:XE), American Electric Power and Amazon agreed to assess a 960 MW advanced nuclear project in Indiana using Xe-100 reactors, on a former coal plant site. Under the joint development agreement, Amazon would provide development funding and commit to a long-term power purchase. The article says the deal offers commercial validation for X-Energy's reactor platform rather than immediate financial relief, as the company, with a $4.3b market cap, reported $150.28 million in revenue, a $448.87 million loss, and a 20.2x price-to-sales ratio. The next key milestone is whether the study reaches a final investment decision for the Sullivan County site.
Get the briefing on Telegram or Zalo
Join the Upside Telegram channel or Zalo group for the Vietnam stocks and gold briefing at 8:00 and 19:00 (Vietnam time) on trading days, plus a weekly wrap on Saturday morning.