Lord Cruddas, Chief Executive Officer, commented: I am pleased with the ongoing trends we’re seeing in client money, and physical share assets in Australia. In addition, the team is on track to launch our new UK investment platform in the first half of the calendar year. I remain confident in the outlook for CMC as…
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ZuluTrade 2.0 will promote and accelerate community engagement. The new version of the platform will also focus on providing users access to analysis, data, insights and portfolio optimization tools, which are typically reserved to professional investors. With the acquisition by Finvasia group, Zulu will also gain access to its resources and will look to obtain…
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BlackBull Markets COO, Benjamin Boulter, commented: From the very start, we have prioritised what investors care about. The breadth of our product offering, our dramatically low fees, and our local customer support are sure to win over investors old and new. It is no coincidence that we are one of the fastest growing brokerages in…
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The annual volume totaled $12.4 trillion in 2021. Integral’s cloud-based SaaS FX workflow solutions serve a wide variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds. Clients leverage the deep and diverse FX liquidity available through the company’s platforms within an integrated environment. Earlier in December, Integral onboarded Riina Sulonen…
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Future growth According to the original announcement shared with LeapRate, Skilling intends to use its fresh capital to accelerate the recruiting of talent and further bolster its trading technology. The company’s goal is to offer simple, yet robust technology allowing customers to navigate their trading and investments throughout the customer’s financial life. Skilling’s long-term vision…
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Additionally, Saxo’s most popular Index CFDs including US500 (S&P 500 Index), USNAS100 (Nasdaq 100 Index) and US30 (Dow Jones Industrial Average) are tradable for longer. They have been extended by 1 hour and 1 minute. The extension allows traders to allowing traders to react to events which occur both before and after the exchanges open…
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Amy Wu To lead Ventures, gaming, M&A and commercial initiatives, the company has hired Amy Wu. She comes to FTX from Lightspeed Venture Partners, a $10 billion multi-stage venture fund. While there, she led crypto and gaming investments, including the fund’s investment in FTX. She previously served as an executive at Discovery, Inc., a global…
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Wijaya brings more than a decade of experience working in forex to his new position at Finalto. In the previous five years, he played a key role in the expansion of Axicorp’s Asia Pacific business. Before that, he handled high net worth clients at CMC. Alex Mackinnon CEO Finalto Asia, comments, We’re delighted Alex is…
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Launch of NAGAX NAGA Group also introduced its new social trading platform focused on cryptocurrencies, NAGAX. The platform is expected to launch in the first quarter of 2022. NAGAX will provide users with Web3 social trading experience, futures and derivatives exchange and a spot exchange supporting over 700 tradable assets. In addition, the platform will…
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Pre-tax profit came at CHF 223 million in 2021. This represents a 111.2% jump from CHF 105.6 million in 2020. Customer growth Swissquote highlighted that the record results for the year were driven by customer growth and organic net new money inflow of CHF 9.6 billion, higher than previous year’s CHF 5.3 billion. Moreover, client…
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