In his new role as managing director, Nahas will be responsible for all European CFD business of BUX, running the firm in Cyprus, and is part of the CFD leadership team. Nahas, Managing Director Cyprus CFD operations, added: BUX is a well-established and respected brand in Europe. Its vision and ambition are driven by a…
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Brokers and traders using Hybrid Solutions receive a complete and seamless trading solution through the firm’s VertexFX platform. Hybrid Solutions has been serving Forex brokers with many plugins that cater to traders of all types since 2002. The firm offers availability of its solution on desktop, Web, iOS and Android terminals. Traders and investors are…
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Furthermore, the European Union imposed a SWIFT ban on VTB Bank, along with six other Russian banks. VTB Forex temporarily suspended its services on 25 February due to the implications of the anti-Russian sanctions. Other Russian forex brokers initially suspended ruble pairs as the RUB fell 60% against the US dollar. Meanwhile, the Central Bank…
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Swissquote also published its guidance for 2022 and medium-term for 2025. The company noted that during the two first months of 2022, it experienced strong customer growth. It’s expectation for net revenues in 200 is to reach CHF 475 million. The company also expects net revenues and pre-tax profit to be CHF 750 million and…
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Glenn Stevens, CEO of the retail business of StoneX Group Inc., commented: Our mission at StoneX is to open markets, and this expansion of our FOREX.com offering in the Canadian market is an important part of providing comprehensive access to the retail investor. We also give retail investors the ability to trade the way they…
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IG Group’s CEO, June Felix, commented: I'm delighted to be reporting another quarter of outstanding performance driven by a record number of clients trading in the period. All-time high number of clients IG Group also reported a record number of active clients. During the third quarter, the numbers reached 292,200, compared to the same period…
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Nicolas Breteau, the CEO of TP ICAP said: Our performance naturally reflects the unusually quiet secondary markets that we experienced in 2021, particularly in the first half of the year. However, as market conditions started to improve in the second half, TP ICAP recovered most of the ground and grew overall market share. Total Group…
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CMC Markets further explained that the maximum aggregate number of shares that it will repurchase is 29,071,747 ordinary shares. RBC Europe Limited has been appointed to manage the Buyback Programme on its behalf. CMC Markets first announced the decision to launch the buyback program on 2 March. Board of the company decided to return excess…
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The total number of trades reached 34.32 million in February, registering a 5.65% rise compared to January’s 32.48 million trades. In February, PrimeXM’s Data Centre in LD4’s notional trading volume stood at $950 billion. TY3 recorded $136 billion and NY4 followed with $124 billion. SG1’s monthly growth more than doubled reaching $3.02 billion.
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Yoni Assia, the CEO and Co-Founder of eToro, issued the following statement: eToro closed 2021 with a strong fourth quarter, generating over $300 million in total commissions. We are extremely proud of our accomplishments in 2021, some of which include growing the eToro network by more than 9 million registered users while more than doubling…
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