ICM.com Press Releases

ICM.com Introduces "Stock Baskets" to Investors

London, UK – Monday, November 16, 2020: ICM.com, a UK-based global multi-regulated financial service provider, announced today the offering of a new program that will help in investing in popular stocks like Facebook, Apple and Amazon instantly and simultaneously.

In today’s challenging economic environment where investors are determined to seek out returns, the focus has switched to “thematic” investment strategies - a new approach that allows to speculate on the performance of a particular sector, which reveals investible opportunities.

ICM’s stock basket products combine shares across a pool of companies from a single sector into a single tradeable instrument, allowing clients to speculate on sectors as a whole instead of having to select a single company.

Shoaib Abedi, the founder of ICM, commented: “In this current climate, savvy investors have developed bullish views on certain sectors, and this is a great way for them to express that.”

Current themes offered by ICM include Biotech, Cannabis, China Ecommerce, China Technology, ESports and Gaming, plus top US-based Technology stocks (FAANG). These areas are well-positioned in the current global economic climate and have been steadily gaining popularity during the current global pandemic.

The six thematic stock baskets and their respective constituents below:

BIOTECH– AbbVie Inc, Amgen Inc, Gilead Sciences, Bristol-Myers Squibb Co and Vertex Pharmaceuticals Inc
CANNABIS – Tilray Inc, GW Pharmaceuticals PLC, Canopy Growth Corp, Aurora Cannabis Inc, Innovative Industrial Properties and Cronos Group Inc
CHINA ECOMMERCE– Alibaba, Trip.com, JD.com Inc., Pinduoduo Inc and Tencent Music Entertainment Group
CHINA TECHNOLOGY– Baidu, NetEase, Weibo, IQIYI and Bilibili
ESPORTS AND GAMING– Advanced Micro Devices, Nvidia, Electronic Arts, Activision and Sony
FAANG– Facebook Inc, Amazon.com Inc, Apple Inc, Netflix Inc and Alphabet Inc Class C (Google)

Truly global

ICM.com is a multinational established brand regulated and authorised in various jurisdictions around the world.

ICM Jurisdictions In UK ICM Capital Limited (UK) is regulated and authorised by Financial Conduct Authority (FCA) registration number: 520965.

ICM Limited (Abu Dhabi, UAE) is regulated and authorised by the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA) registration number: 210045.

ICM Jurisdictions In Mauritius ICM Capital Limited (MU) is regulated and authorised by Financial Services Commission of Mauritius under license number: C118023357.

ICM Jurisdictions In UK ICM Capital LLC (VC) is registered by the Financial Services Authority of Saint Vincent and the Grenadines under number: 1853 LLC 2022.

ICM Jurisdictions In SA ICM Capital SA (Pty) Ltd is a licensed Financial Services Provider, regulated and authorised by the Financial Sector Conduct Authority (FSCA) of South Africa FSP: 53234.

ICM Jurisdictions In Swiss ICM House AG (Zurich, Switzerland) is member of the ARIF (Association Romande des Intermediaries Financiers) under the registration number CHE-497.911.976.

For further details on the above licences, regulations, and legal documentations. Please click here.

Trade Responsibly: CFDs and Spot FX are complex instruments that come with a high risk of losing funds due to leverage. You should not engage in this form of investing unless you understand the nature of the transaction you are undertaking and the true extent of your exposure to financial loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.

Regional restrictions: ICM Brand does not provide services to residents of the USA, North Korea, China and a few other countries.

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