The Group's activity grew during the year, with reported consolidated revenue of CHF 947.4 million compared with CHF 873.6 million in 2021, an increase of 10.5% at constant exchange rates or 8.4% at current exchange rates. Reported operating profit for the year was CHF 94.2 million against CHF 73.2 million in 2021, an increase of…
Read more
FP Markets Demo or Live Accounts holders can use cTrader and access the platform on both desktop and mobile devices. The FP Markets cTrader trading platform allows traders to hedge, scalp, and the use of automated or manual trading strategies. The solution offers fast execution speeds, customisable interface, advanced charting capabilities, and a broad selection…
Read more
Moreover, eToro revealed that the next phase of the platform upgrade will include direct trading from the charts, additional analysis tools, access to previously created charts, and a dark mode feature for users who prefer trading in low-light conditions. eToro has recently expanded its offering with the launched stocks and shares ISA, as well as…
Read more
In contrast to a comparable 12-month period, iS Prime's end-of-year 2022 results indicate a rise in revenue by £3.5 million, which represents an 11% increase year on year. The company's financial statement remains robust, boasting cash reserves of nearly £37 million. Alex Lowe, Managing Director, iSAM commented: iS Prime’s financials reveal another very successful year,…
Read more
OANDA’s European operations follow the acquisition of Polish broker Dom Maklerski TMS Brokers SA, which was rebranded to OANDA TMS. Niewiadomski added: Now, thanks to our refocused operations, investors and traders in the EU can easily access an extensive multi-asset proposition with the knowledge that they are partnering with a trusted, award-winning, and regulated broker.…
Read more
Trading Income Swissquote faced challenges in 2022, which impacted most of its revenue streams. There was a 7.6% decrease in net income from fees and commissions, and a 14.3% drop in net eForex income due to lower trading volumes. The net income from crypto assets declined drastically by 72.9% to CHF 27.7 million. The platform's…
Read more
The global fintech company noted that the third quarter was a “quieter quarter”, especially in December, when lower market volatility was observed compared to recent periods and the third quarter of the previous financial year. IG further highlighted the benefits of its diversification strategy which led to the exchange traded derivatives reaching £52 million revenue…
Read more
TP ICAP’s board has recommended to distribute 12.4 pence per share as a dividend to its shareholders at a 31% YoY increase. The global broking revenue increased by 13% on a reported basis and 7% on a constant currency basis, with a total of £1.25 billion. £302 million of this total was generated from FX…
Read more
February ADV increased 3.8% on monthly basis, compared to the $60.57 billion recorded the previous month. On yearly basis, however, last month’s ADV fell 0.4% compared to February 2022. Last month, FXSpotStream’s overall volume stood at $1.26 trillion. The numbers were 5.26% down from the $1.33 trillion, recorded in January 2023. The overall trading volume…
Read more
Established in 2013 in London, Acuity leverages proprietary technology to extract and analyze rich sentiment data from global news sources, offering market insights. Its market signals rely on Machine Learning and Natural Language Processing technology. Acuity launched an R&D center in Barcelona, Spain in June last year. Acuity Trading, CEO Andrew Lane: Acuity works to…
Read more