August 18, 2022 BY Steffy Bogdanova

Marex reports 29% jump in net revenues in H1 2022

Ian Lowitt, Marex CEO, commented: I am extremely pleased to report another record half-year result, which demonstrates the earnings power of our franchise against the strong comparative periods of 2021 and 2020, which benefited from Covid-related volatility. I am proud of how our business has successfully navigated the recent market volatility, which at times has…

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August 18, 2022 BY Steffy Bogdanova

ASX net profit reaches $508.5 million in FY22

Total dividend (interim and final) reached 236.4 cents per share in FY22 and 90% payout ratio was maintained. Helen Lofthouse, ASX Managing Director and CEO, said: ASX continues to benefit from its diversified business model. We saw decade-high levels of listings activity, particularly in the first half, with 217 new listings in the period –…

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August 18, 2022 BY Steffy Bogdanova

eToro announces acquisition of options trading platform Gatsby

Integration of Gatsby Founded in 2018 by Co-CEOs and Co-founders Jeff Myers and Ryan Belanger-Saleh, the commission-free options and stock trading app Gatsby is focused on the younger generation of investors. According to the official announcement, Gatsby’s team will become part of eToro including Davis Gaynes (President and Co-founder), Peter Quinn (Chief Operating Officer and…

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Broadridge Bord of Directors adds Eileen K. Murray
August 17, 2022 BY Steffy Bogdanova

Broadridge appoints Eileen K. Murray to its Board

Currently, Murray serves as the Chair of the Financial Industry Regulatory Authority (FINRA). She has been on the Board of Governors since 2016 and her term as the Chair is ending on 19 August 2022. Murray is also the former Co-Chief Executive Officer of the hedge fund Bridgewater Associates. Before to joining Bridgewater in 2009,…

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August 17, 2022 BY Steffy Bogdanova

Paysafe gains registration as a VASP in Italy

The payments platform’s own digital wallets Skrill and NETELLER allow consumers to buy and sell over 40 cryptocurrencies. Paysafe’s VASP registration in Italy follows the company’s crypto asset company registered status from the UK’s Financial Conduct Authority (FCA). Chirag Patel, CEO, Digital Wallets at Paysafe, said: As part of our commitment to providing secure, fast…

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UK FCA grants regulatory approval to Crypto.com
August 17, 2022 BY Steffy Bogdanova

Crypto.com secures regulatory approval from UK FCA

Earlier in March, Crypto.com made several senior hires in the UK. The company appointed a UK General Manager and a Global Head of Sustainability and ESG. In recent years, the UK has been a promising market for cryptocurrency with a 650% increase in adoption from 2018 to 2021, according to research by BanklessTimes. Crypto.com continues…

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plus500 revenue
August 17, 2022 BY Steffy Bogdanova

Plus500 sees a 48% rise in revenue in H1 2022

Customer activity While the financial results registered in uptick in the first half of the year, the London-listed company saw a drop in active customers, as well as new ones. During the period, the number of new customers fell 58% to 57,275, compared to 136,980 in H1 2021. The active customers on the platform stood…

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