Equiti Capital UK sees $1.8 million in profit for the year
August 30, 2021 BY Steffy Bogdanova

Equiti Capital UK sees 209% rise in profit for the year

The company highlighted that it expects to deliver sustainable growth in the future because of its “continued investment in product development, diversification into new contracts, technical expertise and focus on our clients.” Equiti boasted a strong balance sheet and liquidity position. During the challenging situation brought on by Covid-19, the company’s employees managed to successfully…

Read more
smartTrade Technologies and Japanese FX company SBI Liquidity Market expand partnership
August 30, 2021 BY Steffy Bogdanova

smartTrade Technologies and Japanese FX company SBI Liquidity Market expand partnership

SBI and smartTrade’s partnership began in 2013 when SBI picked LiquidityFX as its connectivity, aggregation and smart order routing partner. SBI added smartTrade’s pricing and distribution modules three years later in order to grow its business outside Japan and provide liquidity to the rest of Asia. David Vincent, co-founder and Chief Executive Officer of smartTrade…

Read more
eToro
August 26, 2021 BY Steffy Bogdanova

Crypto trading drives eToro's revenue rise

Yoni Assia, CEO, and Co-founder of eToro, commented: We continue to see strong positive momentum and our Q2 numbers demonstrate ongoing growth in new registered users and total commissions. In line with this, funded accounts grew by 158% year on year to 2 million as of 30 June 2021. Cryptoassets drove the company's commissions in…

Read more
August 26, 2021 BY Steffy Bogdanova

OANDA adds Karl Roessner to its Board of Directors

He was also a member of the Board of Directors of both institutions. Before he joined E*TRADE in 2009, Roessner was with Clifford Chance for 17 years, working as a lawyer for the firm both before and after the Rogers & Wells merger. Chief Executive Officer of OANDA, Gavin Bambury, said: We are delighted to…

Read more
Charles Schwab
August 20, 2021 BY Steffy Bogdanova

Charles Schwab Announces 5% Employee Pay Increase

The company has seen a new high in the number of investors so far in 2021. As a result, the firm’s core net new assets climbed to a record of $257 billion in H1 2021, over twice the number gained during the same time last year. In addition, 4.8 million new brokerage accounts were opened…

Read more
Moscow Exchange
August 20, 2021 BY Steffy Bogdanova

MOEX announces net profit growth of 2.1% in Q2 2021

Operating income was increased 9.7% YoY and F&C income accounted for more than 75% of operating income. EBITDA added 3.9% and the adjusted EBITDA margin stood at 72.4%. Yury Denisov, Chief Executive Officer of Moscow Exchange, said: We see interest from clients to trade global markets strategies using derivatives. For that reason, we recently launched…

Read more
saxo bank revenues
August 20, 2021 BY Steffy Bogdanova

Saxo Bank saw record 159K new clients in H1

Kim Fournais, CEO and founder of Saxo Bank, said: As we look ahead, it is clear that we live in a world that is still seeing many uncertain and unprecedented experiments both financially, technologically, socially and health-wise. We are confident Saxo Bank is heading in the right strategic direction. We are building a prudent financial…

Read more