Interactive Brokers
October 04, 2021 BY Alan Sayer

Interactive Brokers sees daily average revenue trades jump 16%

Ending client equity for September was $353.8 billion, 52% higher than the same period in 2020, but down 3% compared to August. Interactive Brokers also reported ending client margin loan balances of $50.2 billion, a significant 67% increase on the year prior and a 1% rise on the month before. In a statement, Interactive brokers…

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Moscow Exchange
October 01, 2021 BY Alan Sayer

MOEX executive board chairman re-elected

Denisov has been in the role of Chairman of the Executive Board at MOEX since May 16, 2019.  Chairman of the Moscow Exchange Supervisory Board, Oleg Viyugin, commented: In accordance with best corporate governance practices, the Supervisory Board of Moscow Exchange considered re-electing the head of the Exchange well in advance of the expiry of…

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Revenue growth
October 01, 2021 BY Alan Sayer

Jefferies Financial Group reports record Q3 revenue

Net income for the third quarter stood at $407 million, or $1.50 per share. Jefferies Financial Group’s CEO Rich Handler, and company President Brian Friedman said: We are humbled by and deeply grateful for the confidence and trust our clients have shown in us, not just this quarter, but over the years and decades we…

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Crypto
September 30, 2021 BY Alan Sayer

How Crypto Has Affected the Q2 Earnings of the Top Tech Companies

Impact of cryptocurrencies in Nvidia Q2 Report Another major business that has stepped into the world of crypto trading lately is Nvidia. Let's find out how their new business ambitions affected their net revenue and growth. How Nvidia entered the world of crypto trading Nvidia unveiled new CPUs exclusively for mining virtual coins in February,…

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Revenue growth
September 13, 2021 BY Alan Sayer

UP Fintech Reports Unaudited Q2 Results, Revenue Jumps 98.7%

Wu Tianhua, CEO and Director of UP Fintech, stated: Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter. UP also saw a rise in newly funded accounts, with Tianhua adding:  As we continue to invest in our…

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Capital.com
September 10, 2021 BY Alan Sayer

Capital.com Expands Into Australia After ASIC Licence

Peter Richards, Director of Capital.com Australia Limited, stated: Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com's comprehensive education resources, we aim to bring…

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Singapore Exchange launches ESG derivatives
September 10, 2021 BY Alan Sayer

SGX Sees Investor Demand Increase Due to ‘Uneven’ Economic Recovery

Elsewhere, SGX said its commodity derivatives were the standout performer due to price swings and supply chain issues continuing to impact physical markets. The entire commodity derivative volume, including iron ore (which SGX says is a macroeconomic proxy for China), climbed 10% year-over-year to 2.6 million contracts. In addition, forward Freight agreements (FFA) volume surged…

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August 27, 2021 BY Alan Sayer

Dukascopy Revenue Falls Over Half YoY, But Total Assets Rise

However, according to the report the company's total assets rose 9.85%. As of the end of June 2021, Liquid assets stood at CHF 33.86 million, an increase from the CHF 23.26 million posted in the second half of 2020. Client deposits also increased from CHF 96.1 million at  Dukascopy's profit for the first half of…

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JPMorgan
August 27, 2021 BY Alan Sayer

J.P. Morgan Leads $50 Million Investment Into Analytics Firm Aumni

Michael Elanjian, Head of Digital Innovation, Corporate & Investment Bank J.P. Morgan, had this to say: Our strategic investment in Aumni will allow the company to continue to capitalize on its impressive growth trajectory, unlocking data insights that have historically remained inaccessible in the private markets. Aumni said it would use the money raised to…

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FXCM
August 25, 2021 BY Alan Sayer

FXCM Adds Australian Share CFDs To its Platform

FXCM was founded in 1999 and is owned by the Jefferies Financial Group. It is regulated in several jurisdictions by the FCA in the UK, ASIC in Australia, CySEC in the EU and the Financial Sector Conduct Authority in South Africa.  The addition of Australian share CFDs adds to its current offering of US, EU…

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