SAO PAULO, Nov. 14, 2024 /PRNewswire/ -- Themed "Development and Revitalization: A New Journey for the Global South," the inaugural Global South Media and Think Tank Forum was held here from Monday to Tuesday.
Congratulatory messages from Chinese President Xi Jinping and Brazilian President Luiz Inacio Lula da Silva were read out at the forum.
The organizers of the forum said both President Xi and President Lula issued new important guidelines on the development of the Global South. The Global South is gaining momentum and becoming an indispensable and constructive force in the international community.
The forum is being held against the backdrop of the upcoming 19th G20 Summit in Brazil this month. Various media outlets and think tanks are expected to jointly amplify the voice of the Global South regarding upholding peace, opening up and development, global governance, and mutual learning among civilizations. They should demonstrate the responsibilities of the Global South, unite efforts for modernization of Global South nations, and jointly promote the building of a community with a shared future for mankind.
Among the guests of the forum are Dima Al-Khatib, director of the United Nations Office for South-South Cooperation, Yeidckol Polevnsky Gurwitz, chair of the Asia-Pacific Foreign Relations Committee of the Mexican Senate and Muhammad Ali Ali, managing director of News Agency of Nigeria. The guests asserted that the Global South is experiencing significant development, greatly impacting the trajectory of world history.
They hoped that the media and think tanks of the Global South will prioritize development and cooperation and promote global governance reform guided by the principles of fairness, justice, openness and inclusiveness. The guests called for all parties involved to collaborate to boost the new development of the Global South, create a new chapter of mutual learning among civilizations, and meet the new challenges of the all-media era.
During the opening ceremony, the Global South Media News Network was launched. The Sao Paulo Declaration of the Global South Media and Think Tank Forum, the think tank report "A New Model for Human Advancement and Its Global Significance" and multilingual versions of the report "Awakening of the Global South" were also released.
Guided by China's State Council Information Office and jointly organized by Xinhua News Agency and Brazil Communication Company, the forum drew around 350 representatives from 170 media organizations, think tanks, government agencies, and enterprises from more than 70 countries and regions.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Inaugural Global South Media and Think Tank Forum held in Brazil
PORT VILA, Vanuatu, Nov. 14, 2024 /PRNewswire/ -- Vantage Markets (or "Vantage"), an award-winning multi-asset broker, has once again solidified its reputation for excellence, outperforming competitors across multiple key categories in Investing.com's latest brokerage test.
Investing.com, one of the world's leading financial publishers, provides real-time financial news, analysis, and data, serving over 60 million monthly users across global markets. Its brokerage tests are highly regarded in the industry, offering comprehensive insights into broker performance based on rigorous evaluation criteria.
In this latest assessment, the test evaluated multiple key metrics, including leverage, spread value, spread stability, no-slippage rate, market depth, large order cost, and swap competitiveness, conducted during one of the most volatile periods – the U.S. elections—with test data focused on the product movement of Gold (XAUUSD).
Leverage
Vantage excelled in providing flexible, highly competitive leverage of up to 1:2000 (in selected regions), granting traders access to powerful financial instruments with a range of options tailored to their trading needs. This balance of flexibility and control is essential to Vantage's philosophy of empowering traders with tools that support intelligent risk management.
Spread Value and Spread Stability
Based on ECN account data, the test highlighted Vantage's exceptionally low spread values at 9.1 as compared to other brokers, offering traders cost-effective access to the markets. Furthermore, spread stability consistently held within a range of 8-9 points, a critical factor during market turbulence. This stability reflects Vantage's robust infrastructure and dedication to providing reliable trading conditions regardless of market fluctuations.
No-Slippage Rate
Vantage demonstrated an unmatched 79% no-slippage execution rate on STP accounts, showcasing its ability to minimise the disparity between requested and executed prices. By reducing unexpected deviations, Vantage ensures that traders' strategies remain intact without unexpected deviations, enhancing trust and transparency in trade execution.
Market Depth
In a rigorous test of order placements during high-volatility news events, Vantage exhibited unparalleled market depth, handling large lot sizes with minimal slippage. This level of market depth and stability reflects the strength of Vantage's liquidity network, providing traders with a seamless experience even during peak market activity.
Large Order Cost
During the high-volatility US Election period, Vantage excelled with a larger order cost of -26.6, offering competitive pricing and minimising trading expenses for large transactions. This is at the back of Vantage's commitment to ensure that traders enjoy cost-efficiency even in dynamic and fast-moving markets.
Swap Competitiveness
Vantage continues to deliver value with industry-leading swap rates, offering -30.8 for long positions and 22 for short positions. Known for offering some of the industry's best swap rates, Vantage ranks highly with advantageous rates on both sides of the market, providing traders added value, especially for long-term positions.
The recognition by Investing.com is a true testament to Vantage's drive for excellence and reinforces its position as a leader in the global trading landscape. For traders across the world, these results are not only a reflection of Vantage's superior trading conditions but also a promise of its unwavering commitment to fostering a high-performance trading environment.
Geraldine Goh, Chief Marketing Officer at Vantage said, "At Vantage, stability, precision execution, and robust anti-slippage measures set us apart. Especially during volatile trading conditions, our commitment to reliability and superior performance ensures that our clients experience the best trading environment, standing strong when it matters most."
For more information, visit Vantage's Media Centre: https://www.vantagemarkets.com/about/media-centre/
About Vantage
Vantage Markets (or Vantage) is a multi-asset CFD broker offering clients access to a nimble and powerful service for trading Contracts for Difference (CFDs) products, including Forex, Commodities, Indices, Shares, ETFs, and Bonds.
With over 15 years of market experience, Vantage transcends the role of broker, providing a trusted trading ecosystem, an award-winning mobile trading app, and a user-friendly trading platform that empowers clients to seize trading opportunities. Download the Vantage App on App Store or Google Play.
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RISK WARNING: CFD trading carries significant risks. You could lose more than your initial investment.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Vantage Markets Emerges as Top-ranked Broker across Multiple Categories in Investing.com's Recent Performance Test during the US Election Period
