Despite the decline in some metrics, Hargreaves Lansdown's pre-tax profit rose 31% to £197.6 million from £151.2 million, while underlying pre-tax profit, which excludes the strategic investment costs for the period, increased 30% to £211.9 million from £163.5 million. As a result, earnings per share were 33.1p, 29% above the previous year's period of 25.7p.…
Read more
Final share buyback program The London-listed broker also reported a $100 million distribution to investors of final and special share buybacks and dividends. Plus500 today announced a final share buyback program to purchase $42.4 million worth of company shares and a special buyback program of $27.6 million. The firm will also pay out final dividend…
Read more
Interactive Brokers Hong Kong’s new crypto trading has commissions of 0.20% - 0.30% of trade value, which also depends. Additionally, there is a $2.25 minimum per order charge with no added spreads or markups. David Friedland, Head of APAC at Interactive Brokers, said: Investor demand for digital assets continues to grow in Hong Kong and…
Read more
Cifuentes brings nearly two decades of experience in the financial markets. Throughout his career, he has held senior roles in liquidity management and prime brokerage at custody firms, exchanges, bulge-bracket banks. Andres Cifuentes, commented: I’m excited to be joining Edgewater during a time of tremendous global expansion. I have worked closely with the Edgewater team…
Read more
XAU/USD (Gold) The yellow metal kicked off the week in negative territory, down 0.6% heading into the afternoon session in the US. For those who read Monday’s Weekly Market Insight, you may recall the following (italics): It is all about the H1 Quasimodo resistance-turned-support at $1,857 and the 50-day simple moving average on the daily…
Read more
The news follows an The Wall Street Journal report that The Securities and Exchange Commission (SEC) was planning to file a lawsuit against Paxos for violating investor protection laws. Binance CEO Changpeng Zhao responded quickly on Twitter to Paxos’ decision to stop offering BUSD. He wrote: We were informed by Paxos they have been directed…
Read more
Moncla has served as an Affiliate Manager, Business Development Manager and Head of Sales for a range of finance companies. Additionally, he speaks French, English, Greek and Spanish. According to the official announcement, he is adept at driving cross-selling initiatives while recruiting affiliates with ease. Ludovic Moncla commented: I am thrilled to join VT Markets,…
Read more
Darren Jordan, Head of Sales, Komainu added: Working with GCEX aligns with our core values to offer institutional investors a regulated digital asset custody solution, while remaining a designated third party. With an increasing focus on counterparty risk, our partnership further reinforces our joint commitment to keep our clients’ assets segregated and secure.” GCEX provides…
Read more
Throughout her career, Besnard has held a number of senior roles in Tier 1 investment banks based in New York and San Francisco. She spent twelve years at Morgan Stanley and six years as Vice President at Goldman Sachs. While at Goldman Sachs, Besnard was responsible for complex global quant all-synthetic fund launches . Additionally,…
Read more
Octavian Patrascu, CEO and founder of CAPEX.com, said: It's a real pleasure to announce our collaboration with Zach King. He is a source of inspiration for people worldwide, similar to what we represent for our traders. We truly feel that his creativity, out-of-the-box thinking, and unique style perfectly match our offering here at CAPEX.com. Together,…
Read more