Category: Brokers

September 15, 2022 BY Steffy Bogdanova

VT Markets adds US, UK, and EU shares CFDs

VT Markets now offers more than 500 leveraged US shares CFDs. The list includes Amazon, Apple, Google, Visa, as well as other giants across different industries. For UK shares CFDs, traders have access to more than 100 top companies in the country, including Barclays, Vodafone Group, Lloyds Bank, and Unilever. For EU shares CFDs, among…

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Saxo Bank
September 08, 2022 BY Steffy Bogdanova

Saxo Bank net profit falls to DKK 302 million from H1 2022

Kim Fournais, CEO and founder of Saxo Bank, said: The results are not satisfactory and affected by difficult market conditions during the first half of 2022. Despite volatility in financial markets, trading activity was lower than the same period last year. Saxo Bank added that as it witnessed a drop in demand, its cost levels…

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September 06, 2022 BY Steffy Bogdanova

Online FX and CFDs broker Traders’ Hub launches in the UAE

Suhail Al Otaiba, CEO at Traders’ Hub commented: We are extremely proud to be launching a new online trading firm in the UAE. Our goal is to become the investment house of choice for local and MENA region trading clients as well as provide the best trading environment for international expats and businesses in the…

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Interactive Brokers
September 02, 2022 BY Alan Sayer

Interactive Brokers Daily Average Revenue Trades Up 8% MoM, Down 9% YoY

Ending client equity came in at $310.1 billion, 15% below the prior year and 1% softer than the prior month. In addition, ending client margin loan balances were $43.1 billion, a 13% decrease compared to the previous year and 2% above the preceding month. Furthermore, Interactive Brokers had 1.99 million client accounts, representing a 33%…

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Admirals
September 01, 2022 BY Alan Sayer

Admirals H1 Net Trading Income Surges 149%

However, despite the rise in net income, and value of trades, the number of trades fell by 2% to 28.7 million from 29.2 million in the first half of 2021. In addition, the number of active clients declined 17% to 33,493, and the number of active accounts fell 15% to 41,227. Admirals stated that the…

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StoneX
August 30, 2022 BY Alan Sayer

StoneX Group Approves Share Repurchase Program

However, in its June quarter, operating revenue fell 3% on a quarter-over-quarter basis to $528.8 million, from the previous $544.7 million. On a year-over-year basis, it gained 23% from the $431.5 million reported the previous year. Quarterly net income was $49.1 million, down from $64 million posted in the last quarter. At the time, Sean…

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The Financial Commission approves Fullerton Markets as a new member, expels LordFX
August 25, 2022 BY Steffy Bogdanova

Fullerton Markets joins the Financial Commission, LordFX expelled

LordFX expulsion Meanwhile, the external dispute resolution (EDR) organization announced that it has expelled LordFX from membership in the organization. The Financial Commission stated that the reason is a breach of contractual obligations. One of the prerequisites for initial membership approval in the Financial Commission is adhering and complying with the organisation’s rules. The Commission…

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