Admirals onboarded 16,113 new clients in 2022, which is a 16% decline from the previous year due to the pandemic's effects. However, the number of active clients strengthened by 13% to 55,242. The average amount of trades executed by each client was 1,068, and the net trading income per client increased by 72% to €1,249.…
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Lars Holst, Founder & CEO, GCEX commented: There are significant opportunities for GCEX across the APAC region and, from my experience of working with Sue at CFH, I know she has the expertise, regional knowledge and contacts to help us to build a strong presence in the region. This is our first senior hire in…
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Christen Harvey, VP Strategic Partnerships of TT, said: Our alliance with Bantix is the latest strategic partnership we've forged with a best-in-breed provider of technology that improves our clients' trading experience, allowing us to enhance the TT ecosystem with battle-tested tools that would have taken years to develop ourselves. In the first phase of integration,…
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Nick Wiles, Chief Executive Officer of PayPoint, commented: Work on integration is already underway, with an immediate focus on organisational alignment, building on the strong momentum in both businesses and unlocking commercial revenue enhancements. The acquisition is expected to be immediately earnings enhancing in FY24 and the Board believes it will deliver attractive returns for…
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The recent buyback program started after completing another $60.2 million buyback program in November. The Israeli-based broker said in the official statement: The purpose of this Share Buyback Programme is to further highlight the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the…
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He posted on his LinkedIn profile: I’m happy to share that I’m starting a new position as Head of eFX at ADM Investor Services! Brooks spent 14 years with Sucden Financial after joining in 2009 as Head of Institutional Equities. After a year, he was named Head of eFX Coverage in 2010, and then moved…
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Robinhood said: To the extent that the SEC or a court determines that any cryptocurrencies supported by our platform are securities, that determination could prevent us from continuing to facilitate trading of those cryptocurrencies (including ceasing support for such cryptocurrencies on our platform). It could also result in regulatory enforcement penalties and financial losses in…
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Mohamed Al Ahmad, Co-Founder & Chief Managing Director of Equiti Group, added: The UAE, with its capital Abu Dhabi, has a very strong economy and a solid financial infrastructure. This will allow us to attract more international investors to the capital. We are aware of how discerning and astute the investors in Abu Dhabi are.…
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Meanwhile, Aguilera has taken on the role of Director for the Middle East, Italy, Greece, and the Iberia region. His role as Broadridge's Director for the Iberia region, Italy, Greece, and the Middle East focuses on increasing awareness of the company's global capabilities, driving new business, and expanding the client base in the region. Aguilera…
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The allocation, which is based on ESG and social sentiment criteria, is rebalanced every month and comprises the top 10 S&P 500 stocks ranked by their lowest risk over attention-weighted sentiment score (AWSS). With a minimum investment of USD 500, investors can monitor their portfolio's performance using eToro's advanced tools and charts and stay informed…
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