Category: Brokers

April 27, 2018 BY Valentina Kirilova

Tradition's adjusted revenue up 9.1% YoY in Q1 2018

Swiss interdealer broker Compagnie Financière Tradition (SWX:CFT)'s activity grew in the first quarter with reported consolidated revenue of CHF 229.6m compared with CHF 213.4m in same period in 2017, up 7.8% in constant currencies. At current exchange rates, consolidated revenue presented an increase of 7.6%. For the same period, the Group’s consolidated adjusted revenue was…

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April 26, 2018 BY LeapRate Staff

GAIN Capital has its best quarter in more than a year: Q1 Revenue $107M, Profits $16M

Retail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced Q1-2018 results indicating an across-the-board improvement in both top and bottom line results. Quarterly revenues and profits at GAIN Capital were both at multi-year high levels. GAIN Capital operates the retail Forex.com and City Index online trading brands and the institutional GTX business.…

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April 26, 2018 BY Valentina Kirilova

Ghanaian broker Precise FX rolls out MT5 trading platform

Traders of Ghana and other West African countries are now able to trade using the innovative platform developed by MetaQuotes. Forex trading platform developer MetaQuotes has announced that Ghanaian broker Precise FX is the first in the region to switch to MetaTrader 5, offering its customers the full package of services. The African traders have…

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April 25, 2018 BY Valentina Kirilova

ADS Securities launches improved referral program

Abu-Dhabi based financial services firm ADS Securities has announced the launch of its enhanced referral program. The program has been developed to provide another level of rewards to the large number of loyal ADS Securities traders. With the new scheme ADSS account holders are able to email a unique link to their contacts, the referred clients…

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April 25, 2018 BY Valentina Kirilova

ATFX expands Asia FX market presence with new Thai, Malay, Hindi and Urdu language websites

Online trading services provider AT Global Markets Limited (ATFX) has announced that it has launched websites in four new languages, bringing the total number of languages on the company website to thirteen. The additional languages are Thai, Malay, Hindi and Urdu, highlighting the financial company’s plans to expand its operations in South East Asia. With…

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April 24, 2018 BY LeapRate Staff

Polish FX broker XTB reports record Revenues of $33 million in Q1-2018

Facing trouble both at home and abroad, X Trade Brokers Dom Maklerski SA (WSE:XTB) nevertheless has issued preliminary results for Q1-2018 indicating record Revenues and Profits for the Warsaw based company. X Trade Brokers, which operates Retail Forex broker XTB.com as well as the X Open Hub trading platform, reported that Q1 2018 Revenues came in at PLN 113.7…

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April 24, 2018 BY Valentina Kirilova

Saxo Bank moves its entire banking platform and technology stack to Microsoft Cloud

Microsoft Corporation (NASDAQ:MSFT) and Copenhagen based Forex and multi asset broker Saxo Bank have today announced a strategic partnership with the aim of running Saxo Bank’s entire technology stack on the Microsoft Cloud. The companies said that financial services are at a transformational tipping point. It is key for financial organizations to harness data and cloud…

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April 18, 2018 BY Valentina Kirilova

Equiti Group receives online forex broker license in Kenya

Equiti Group, the parent company of prime brokerage provider Divisa Capital and Retail FX arm Equiti.com, has announced that it has become the first online forex broker licensee in Kenya through its local subsidiary, EGM Securities Limited. This is the first license to be issued under the new regulations, which brought the oversight of online…

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