During its stock debut, some IPO investors remained on the sidelines sharing concerns over the risk of a regulatory crack down on Robinhood and even anger still lingering after the broker restrict trading during the meme stock frenzy back in January. This angered users, as well as US regulators. The meme stock mania drove Robinhood’s…
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Although CMC Markets has expressed positive comments around the trading update figures, it still shows negative growth compared to the 2021 figures. The operating income for the company was £409.8 million for the 2021 financial year. This was a 63% increase from the 2020 financial year, which had an operating income of £252 million. If…
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As a public company Robinhood will now be required to release quarterly financial results. Those will include previously undisclosed information on the crypto and options trading contribution to the company’s revenue. The public listing will also require the company to announce any sort of information that may affect its stock price such as government probes,…
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Monex has passed this financial improvement onto shareholders. The basic earnings per share increased by more than 400% in the same period as the previous year. Shareholders have seen a rise from ¥5.57 per share in 2020 compared to ¥28.18 in 2021. Crypto has helped to drive this increase in revenue and profits. The figures…
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Playtech added: Playtech has continued to make significant progress against its strategic and operational objectives, including in its key target growth markets of the US, Latin America and Europe. In the US the Company signed a strategic, multi-state, multi-product deal with the Greenwood companies, which operate the Parx Casino, and subsequently launched in Michigan with…
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The increase in trading volume comes as Exness showed a decrease in active customers, falling from 207,150 in May to 204,925 in June. This means that although the total number of active customers is lower, the average trading volume per customer rose. May 2021 saw an average trading volume per customer of just under $3.8…
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The broker members and their customers benefit from an unbiased 3rd party mediation platform that helps resolve complaints in such cases when parties are unable to directly come to an agreement over disputes. The approved members and their clients trading in CFDs, forex, and cryptocurrency, the Financial Commission helps facilitate a simpler and quicker resolution…
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IG Group also saw new client retention rates staying at similar levels to past years. It does mean that the company lost a more significant number of legacy clients than in past years, but the higher number of new clients covered this shortfall. Profit before tax for the trading platform came in at £450.3 million.…
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Diluted earnings per share were $1.00 for the quarter ended 30 June 2021. During the second quarter of last year, they were $0.40. Earlier this week, Interactive Brokers revealed a new simple stock pricing for European investors. The company also saw customer accounts jump 61% from the same quarter last year to 1.41million. Customer equity…
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NAGA offers copy trading as its primary focus to customers. It saw this aspect of its business grow significantly when compared to 2020 figures. During the first half of 2020, NAGA saw 0.6 million copy trades carried out compared to the second half, which sat at 1.1 million. This gave a total of 1.7 million…
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