Category: Brokers

Saxo Markets HK
October 25, 2021 BY Steffy Bogdanova

Saxo Markets obtains SFC Type 4 and Type 9 licenses in Hong Kong

Saxo Markets’ fintech background and understanding of the local market will allow the company to provide a more personalised asset management options to investors at a lower fee threshold. Head of Wealth Management and Responsible Officer of Saxo Markets, Lester Chan said: Investors in Hong Kong now are very much digital-savvy. They are looking for…

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Plus500
October 25, 2021 BY Steffy Bogdanova

Plus500 sees revenue drop of 2% in Q3 2021

The number of newly onboarded customers also registered a significant fall with 43% down in Q3. The new clients came at 26,169 during the quarter, compared to 46,238 for the same period last year. David Zruia, Chief Executive Officer of Plus500, commented: Plus500 delivered another excellent performance in Q3 2021, maintaining the strong operational momentum…

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Interactive Brokers
October 22, 2021 BY Steffy Bogdanova

Interactive Brokers adds Request for Payment service from J.P. Morgan

Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers has its roots in technological innovation and Request for Payment is yet another example of how we offer clients advanced technology solutions to make it simple to fund and manage accounts. Both new retail investors and our active trader client base…

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StoneX
October 20, 2021 BY Steffy Bogdanova

StoneX launches Prime Direct offering

Clients can access the Prime Direct Platform via StoneX’s digital platform allowing them to trade US equity and options while leveraging StoneX’s white-glove service and technical expertise. The Prime Direct offering is designed to make prime brokerage services that are provided by top-tier financial institutions to clients with the institutional-grade algo order routing that emerging…

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October 18, 2021 BY Steffy Bogdanova

Exness to sponsor Financial Markets Exhibition in Cairo

The fintech firm’s prominent booth at the exhibition will be divided into three. One area will be for high-tech with equipment which virtually connects visitors to the Exness Team. There will be a a VIP lounge and a meeting room for meetings with clients and partners as well as hold discussions on key topics in…

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October 18, 2021 BY Steffy Bogdanova

Forex.com expands in Latin America

Forex.com stated: We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America. Forex.com’s operator, Gain Capital was acquired by US-based StoneX Group last year in July for $236 million.

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FXCM
October 18, 2021 BY Steffy Bogdanova

FXCM expands its French, German and UK share offerings

FXCM offers trading services in Hong Kong, the UK, the US, Australia, and large parts of Europe. The expansion of the company’s offering allows its clients to trade on an extensive number of listed firms around the world hefty commission and data subscription fees charged by the majority of trading providers. Brendan Callan, CEO of…

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FXSpotStream
October 07, 2021 BY Alan Sayer

FXSpotStream reveals new microsecond low-latency architecture

FXSpotStream Co-Founder and CEO Alan Schwarz said: We have grown tremendously since our launch in 2011 becoming the 3rd largest FX Service by volume with an ADV this year at USD48.5billion. At the same time, we have placed great importance on the speed and quality of our market data distribution. Our aim is to provide…

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CMC Markets
October 07, 2021 BY Alan Sayer

CMC markets expecting operating income of £126m in H1 of FY2022

Leveraged gross client income for H1 FY2022 is anticipated to be around £127 million, compared to £174 million the previous year. Meanwhile, leveraged net trading revenue for the period is expected to be approximately £100 million — half of the £200 million figure previously reported. However, non-leveraged trading revenue is expected to fall to £24…

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