The August ADV reached 11.1% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate.
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Chief Executive Officer, Philip Adler, stated: The year has been truly eventful, I am very pleased with our results and the team performance during COVID and we finished on a high with the acquisition of ETX Capital by Swiss based private equity firm Guru Capital which helped set our new vision and initiatives. In May…
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The ADV for August stood at a 0.47% increase year-over-year. The company’s overall volume reached $909.879 billion, up 5.26% YoY, compared to August last year. FXSpotStream’s ADV YTD rose 13.42% to $48.486 billion when compared to the same period last year. The August ADV numbers are based on 22 trading days.
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Additionally, the global financial CFD services group has announced a series of free live webinars discussing the German Elections and their impact on the markets, which will be available in multiple languages. Attendees will be benefit from the opportunity to watch BDSwiss leading analyst Marshall Gittler and veteran technical analyst Frank Walbaum, who will be…
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The company highlighted that it expects to deliver sustainable growth in the future because of its “continued investment in product development, diversification into new contracts, technical expertise and focus on our clients.” Equiti boasted a strong balance sheet and liquidity position. During the challenging situation brought on by Covid-19, the company’s employees managed to successfully…
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However, according to the report the company's total assets rose 9.85%. As of the end of June 2021, Liquid assets stood at CHF 33.86 million, an increase from the CHF 23.26 million posted in the second half of 2020. Client deposits also increased from CHF 96.1 million at Dukascopy's profit for the first half of…
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Yoni Assia, CEO, and Co-founder of eToro, commented: We continue to see strong positive momentum and our Q2 numbers demonstrate ongoing growth in new registered users and total commissions. In line with this, funded accounts grew by 158% year on year to 2 million as of 30 June 2021. Cryptoassets drove the company's commissions in…
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The company has seen a new high in the number of investors so far in 2021. As a result, the firm’s core net new assets climbed to a record of $257 billion in H1 2021, over twice the number gained during the same time last year. In addition, 4.8 million new brokerage accounts were opened…
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Kim Fournais, CEO and founder of Saxo Bank, said: As we look ahead, it is clear that we live in a world that is still seeing many uncertain and unprecedented experiments both financially, technologically, socially and health-wise. We are confident Saxo Bank is heading in the right strategic direction. We are building a prudent financial…
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Despite the increase in revenue, the company is still running at a loss, reporting a net loss during Q2 2021 of $502 million, or -$2.16 per share. In the second quarter of 2020, it reported a net income of $58 million, or $0.09 per share. Adjusted EBITDA (non-GAAP) was $90 million in the second quarter…
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