CMC Invest offers investments with US and UK listed shares, exchange-traded funds (ETFs) and investment trusts. CMC also has plans to expand its services with stocks and shares ISAs and USD currency wallets. Additionally, the platform offers commission-free services, however there is a 0.5% foreign exchange fee. Soleiman added: Investing is never one size for…
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Advanced Markets UK reported $10,330 in profits for 2021, compared to a loss of $111,367 in the previous year. This is the first time the UK entity turned profit since it was established in 2018. The company stated in the Companies House filing: The results for the period were in line with the expectations of…
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Paul Webb, a director of Equiti Capital UK, commented: With our ambitious business plans and investment in strategic elements of the business, Equiti Capital continues to see the potential for strong growth in revenues over the next financial year. The company has been focused on turning the Group’s UK entity, Equiti Capital UK into a…
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The new ETFs cover a range of trading instruments including stocks, bonds, and indices across various industries from different global exchanges. Among the ETFs for the technology sector are US Technology ETF (IYW) and Vanguard Information Technology ETF (VGT). The bond ETFs include a wide selection of bonds diversified by type, issuer, maturity and region,…
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Furthermore, OpenPayd’s API-based solution enables eToro to significantly speed up payment processing times and remove the possibility of human error. Kreeson Thathiah, Director of Payments at eToro, said: This partnership is an example of embedded finance in action; it’s a significant evolution in how we build innovative financial services. Working with OpenPayd – who’s platform…
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The company noted in the official report that 2021 was a challenging year for the company. Capital Index (UK) said: The company has coped well with the operational difficulties associated with the pandemic, but a lack of volatility compared with the previous year cut into expected revenues, and difficult decisions had to be made.
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Octavian Patrascu, CEO and founder of CAPEX: Over the last two years, CAPEX's main goal has been to develop an app that fits the financial needs of the modern retail investor. Launching CAPEX Invest is the next step in this effort. As a multi-asset broker with years of experience, we try to give our investors…
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Jason Hughes, Senior Executive Officer, UAE at eToro said: This is an important milestone for eToro. The UAE has one of the most vibrant fintech landscapes in the Middle East, and Abu Dhabi one of the most sophisticated regulatory frameworks for digital assets. We’re incredibly proud to be joining this ecosystem. We look forward to…
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Coghlan regularly comments on market-moving news on financial media outlets such as Reuters, Nasdaq, FT Adviser, City AM, Daily Mail, CNBC Arabia, Asharq. Giles Coghlan stated: This is possibly one of the best times to trade FX since 2009 due to central banks increasing interest rates for the first time in years. The different speeds…
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Saxo confirmed it is well capitalized and there will be no primary issue of shares with the listing and the merger will comprise a secondary sale of existing Saxo Bank shares. According to the official announcement, Saxo shareholders Geely Financials Denmark A/S and Sampo Plc, are planning to liquidating a part of their holdings. At…
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