BlackBull Markets and Tom Alexander Partnering for the 2021 GT3 Endurance Series
BlackBull Markets and Tom Alexander partnering for the 2021 GT3 Endurance Series
BlackBull Markets is proud to announce that it will be partnering with Kiwi motorsport champion Tom Alexander.
As BlackBull Markets’ newest brand ambassador, Tom will be sporting our distinctive colours for the 2021 GT3 Endurance Series. The series is one of the racing calendar’s most exciting championships. 50+ high-calibre teams will be gunning for the podium across eight high-octane races.
BlackBull Markets is an international operation supported by the best local talent and cutting-edge technology. In this spirit, we have chosen to partner with Tom and his team, Kiwis operating at the highest level, on their quest to claim another championship win.
The compatibility of BlackBull Markets and Tom is unmistakable. As one of New Zealand’s leading FinTech companies in the incredibly competitive financial service industry, we are acutely aware of what it takes to succeed at an elite level, whether in business or sport.
Tenacity, perseverance, preparation, and a deep support structure are required to navigate, and overtake the challenges of a chosen discipline. These are characteristics found in abundance in both BlackBull Markets and Tom Alexander, and why we have decided to work together.
We are thrilled for our partnership with Tom and wish him a safe and victorious 2021 GT3 Endurance Series.
When performance matters,
take the driver’s seat with BlackBull Markets
2021 GT3 ENDURANCE SERIES RACE DAYS
Golden Homes North Island Endurance Series:
- Pukekohe Raceway; May 8–9
- Hampton Downs Motorsport Park; May 28–29
- Bruce McLaren Motorsport Park in Taupo; June 11–12
- Pukekohe Raceway; June 27
Carters Tyres South Island Endurance Series:
- Mike Pero Motorsport Park in Christchurch; Sept 4
- Teretonga Park in Invercargill; September 18
- Highlands Motorsport Park in Cromwell; October 2
- Levels Raceway in Timaru; October 16
On 31 August 2021, Evergrande announced that, barring major restructuring and negotiations with debtors, it would have trouble servicing its liabilities. The problem primarily lay with the Company’s lack of cash flow due to a cooling Chinese real estate market, coupled with its extremely high rate of leverage.
Think of it this way: Imagine there are 1 million public shares of Company XYZ. Each share is currently worth US $1,000. In this example, Company XYZ would have a market capitalisation of US$1 billion (share price x total number of shares). Company XYZ then proceeds to repurchase half the number of public shares via a share repurchase plan and removes them from general circulation (imagine that these shares are burnt and no longer exist). Consequently, there are now only 500,000 shares left to be traded or held by the public.
Silver got no love last week, suffering its worst week in thirteen weeks, and raking up a fourth straight month of losses. After losing US $1.35/t.oz between September 13 and September 18, the metal closed on Friday at US $22.38/t.oz. Before last week, Silver had not traded sub-US $22.50/t.oz for the entire 2021. One would have to rewind their charts to November 2020 to find Silver trading below US $22.50/t.oz.
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Risk Warning: Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange, you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money you cannot afford to lose. You should make yourself aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any questions or concerns as to how a loss would affect your lifestyle.
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