Under the revised plan, XTB plans to allocate PLN 570.5 million. The allocation for capital reserves will remain mostly unchanged at PLN 191.1 million. In its last press release, XTB stated that this recommendation aligns with the company's dividend policy, which aims to distribute dividends ranging from 50 to 100% of the standalone net profit…
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Yorick Naeff, CEO at BUX, said: Dropping the Zero in the BUX Zero name signifies our commitment to this flagship application and shows that we are more than just a price leader. We are incrementally increasing access to financial markets and the ease-of-use of our app through automated investing, interest on uninvested cash, and access…
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Admirals stated: The restructuring stems from the fundamental necessity and choice to expand the Group’s presence globally, as the Company has substantially positioned itself in new regions during recent years. The on-going change shall have no impact on the existing Group’s clients. Albeit the restructuring, Estonia remains the Company’s strategic location. The Company continues to…
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In 2022, TCUK achieved a gross profit of £508,806, considering direct expenses of £250,434 on its total revenue. However, the company did not generate income from other streams during that year, whereas it earned £60,812 as "other operating income" in 2021. Notably, the company effectively reduced its administrative costs from £408,100 to £354,237, further contributing…
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Energy & Commodities activity increased 3% in the quarter. The numbers were driven by by the improvements in "market conditions, and liquidity, in European Gas & Power." Parameta Solutions, which offers data & analytics and post-trade solutions, registered a 7% growth (15% in reported currencies) in revenue. The announcement noted that the division's goal is…
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The product selection includes a wide variety of assets spanning across all GICS stock categories. This encompasses shares of well-known companies like Apple, Amazon, Microsoft, Netflix, Tesla, Meta, Nvidia, Exxon Mobile, Berkshire Hathaway, and many others. Stavros Lambouris, CEO at HYCM International commented: Stock offering, in general, is not a new product but is…
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With the integration, traders will receive the trading signals before the markets open which will allow them to plan their strategies in advance and make informed decisions. Additionally, the signals will include entry, exit, and stop loss levels. Traders also have the ability to customise their trading experience by utilising market-based filters for trading signals…
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ThinkMarkets specializes in providing retail trading services and has expanded its institutional presence through a liquidity provisioning platform launched in 2021. The recent announcement highlighted that the broker serves 138,500 clients across 165 countries. It experienced a compound annual growth rate (CAGR) of 24 percent and generated $62 million in revenue in 2022. As part…
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However, Robinhood's $441 million revenue for the first quarter still exceeded market expectations. The company reported an increase of 11% quarter-over-quarter (QoQ) in its transaction-based revenues, reaching $207 million during the first quarter. This was driven by an increase of 7% in options trading and 29% in equities, generating $133 million and $27 million in…
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Alexey Kutsenko, CEO of TFB, commented: Making reporting and data analysis accessible for our clients is an ongoing focus for TFB. Complying with local authority requirements is absolutely essential. Through the collaboration with MAP FinTech, we hope to make this process as seamless as possible and provide built-in reporting for more regulators. Panayiotis Omirou, CEO…
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