Between July and September, pre-tax income came in at $523 million, with the adjusted figure at $580million. These numbers were up from the figures of the third quarter the previous year – $234million and $420million, respectively. During the third quarter, other income came down to $48 million from $170 million. This figure was improved by…
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Since the beginning of the year, the Group has expanded its executive team adding industry expertise, and accelerating the introduction of new financial products to market. CFI Financial Group’s Founders and Managing Directors, Hisham Mansour and Eduardo Fakhoury, said: First of all, we are very proud of the entire CFI team for the amazing commitment…
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Khaldoun Sharaiha added: Being well aware of ATFX’s journey to where it is today, and having had the chance to understand the magnitude and sincerity of its future plans, I must say that I’m delighted to join hands with such a forward-thinking establishment. It is an opportune time for well-intentioned brokers to make a significant…
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Full apps control for brokers Furthermore, DXtrade offers brokers brand recognition and total control of their mobile applications. All frontends are branded with the customer’s logo and the mobile apps launched on app stores with a unique link for each broker. DXtrade is connected with several of the most popular liquidity providers and hubs, including…
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European Shares Most EU benchmarks held their gains on Tuesday, extending the bullish sentiment confirmed overnight in Asia, as the rebound continues. Investors keep pushing stock indices higher following the rebound over the annual lows at the end of last week, and growing risk appetite can now be seen across different asset classes such as…
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Tim McCourt, Global Head of Equity and FX Products, CME Group, said: The addition of U.S. dollar-denominated TOPIX futures represents a natural extension of our Japanese index offerings as we aim to become the primary international venue for trading Japanese equity benchmark products. We are pleased to extend our partnership with JPX in launching this…
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Based on technical analysis the price is currently trading around the 1.24 price area which is a very strong point of resistance since it consists of the 61.8% of the fibonacci retracement level, the daily trendline which is valid since mid August and the psychological resistance of round numbers. Given this is a major resistance…
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The Group’s forex market offering is split into three main categories: forward, swap and spot. According to the official announcement, the demand in all three has increased in September. FX swaps was the instrument with the most absolute trading volume, generating an ADV of $1.36 trillion for the period, rising 10.7% from previous month’s 1.23…
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A financial industry veteran, Hill spent thirty years in different companies in executive roles. Prior to Hargreaves Lansdown, he served as CFO at IG Group and he has also worked at Travelex as Group Financial Controller and as CFO. Hill commented: I have been privileged to lead the Company over the last six years through…
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European Shares European markets climbed on Monday, alongside US futures, trimming some of last week’s losses as market sentiment strengthens. Utilities and energy shares are leading benchmarks higher this morning while the FTSE-100 index brings one of the best performances of the old continent, as investors cheered the reversal of previously announced unfunded tax cuts…
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