The number of registered users also rose significantly during FY21, with 637,895 new traders on the platform. The year ended with a total of 886,743 users and 256% increase compared to FY20. Freetade also revealed that by the end of 2021, the numbers of users surpassed 1 million. The firm recently announced raising £30 million…
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The company’s registered users went over 1.3 million in the UK. Freetrade’s revenue for 2021 increased more than six times £15.1 million, AUA surpassed £1 billion and trading volumes for the year were above £3.7 billion. The announcement specified that the company raised the funds through a convertible loan note. The company highlighted that the…
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Playtech stated: Discussions between the Company and TTB are ongoing and progress continues to be made. There continues to be no certainty that an offer will be made, or the terms on which any offer may be made. Playtech’s CEO, Mor Weizer, and former Director, Thomas Hall have expressed interest in participating in the TTB…
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The gains in the April trading update follows a strong first quarter for the Group. LeapRate reported last month the financial results of NAGA, reporting a 63% jump in revenue in Q1. The company also noted that its NAGAX NFT platform and its blockchain NXNFT are now live. Bilski said: This year, we are experiencing…
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M4Markets CEO, Deepak Jassal, stated: Raising capital and attracting investors has been a priority over the past few months as we realized that M4Markets has grown exponentially, and we needed to optimize our technology and service offering in order to cater to our ever-growing client base. Over the past few months, we broke our monthly…
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Plus500 stated: The Group's strong performance so far in FY 2022 has also been driven by the development of new proprietary technologies and product offerings, which will deliver growth and drive expansion and diversification across new geographies. London-listed broker made significant steps in its global expansion. Plus500 entered Japanese trading market with the acquisition of…
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Joel Murphy, Eightcap CEO, commented: Providing our clients with unique trading resources is a priority for us as we continue to build a home for our traders. TradingView is used by millions of traders worldwide, and we are excited about this partnership as it allows our clients to make the most out of TradingView's outstanding…
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Energy & Commodities activity increased 5% in the quarter to £107 million. The numbers were driven by growth in Oil and Power & Gas in the US, while in Europe, Power & Gas declined, as high prices and significant volatility led to lower volumes. Parameta Solutions, which offers data & analytics and post-trade solutions, registered…
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Lin added: As more women generate their own wealth, they will increasingly control the deployment of their assets and become key financial decision-makers in their households. This trend, which is a characteristic of many emerging economies, contributes to greater financial and investing confidence among women. “Female investors are more disciplined” According to Capital.com’s research data,…
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The New York-headquartered Group’s revenue from FX and CFD jumped 32% in Q2 2022, gaining $98.9 million, attributed to an $18.8 million increase in retail operating revenue. Gain Capital acquisition StoneX acquired Gain Capital in 2020 and is now the owner of major forex and CFDs trading brands. In the second quarter the company reported…
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