Other highlights of the Group’s report include: Q1 FY21 revenue in the Core Markets reached £170.8 million, up by 56% on the prior year (Q1 FY20: £109.4 million). Performance of the Retail client base in UK and Europe was strong, with growth delivered in both revenue per client and number of active clients. Q1 FY21…
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Adjusted EBITDA for TradeTech was €52.8 million, registering a 544% increase (H1 2019: €8.2 million) Playtech continues assessing its option for TradeTech. The company announced in August it was in in early stage discussions regarding a potential sale of the financial unit. The company shared that for next half of the year TradeTech’s exceptional performance…
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Dylan Holman, Global Sponsorship, Senior Manager at eToro commented: As a leading investment platform with over fourteen million users, we believe sponsorships are a powerful tool that help build and reinforce eToro as a world class brand. We will be working with clubs to make the financial markets more accessible than ever, using our partnerships…
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However, “Resolution 17” for a bonus for the Group’s CFO Elad Even-Chen was withdrawn. Even-Chen was considered for a significant cash payment reward for ensuring "a significantly reduced Corporation Tax liability" and saving the company more than $100 million. The bonus proposal faced opposition from some of shareholders and Institutional Shareholder Services had recommended that the…
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All of these factors have contributed to the platform usage remaining at elevated levels and customer deposits remaining robust. The trading platform is well positioned to deliver sustainable future growth due to its proprietary technology, its flexible and scalable business model, its strong financial position and a track record of delivery against key performance metrics.…
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FXCM’s customers can buy micronized VOLX CFDs at 1/10th of the size of the mini VIX or 1/100th of the standard VIX Future. The company’s clients can also benefit from 10:1 leverage (5:1 for ESMA regulated clients), significantly reducing the cost of entry. Offering contracts on a fractional basis allows FXCM’s investors more control over…
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For example, if there is a problem with market data and quotes are frozen for a specific symbol, dealing desk specialists might not detect an issue fast enough to prevent trade execution with off-market prices. In such cases, the Dealing Desk solution will automatically detect the problem and reject incoming requests for the frozen quote…
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In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and steady management, Union Standard International Group has been supported and trusted by millions of traders across more than 130 countries. The email continued: Until now, we’ve almost completed the restructuring process and reached 97% of…
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In recent years TMGM has experienced major growth in the CFD trading space and solidified its commitment to investors. The expansion has also spread to the company’s team with the addition few new global members to service customers in more languages. TMGM’s new CMO, Angelo D’Alessio, is based in Sydney and is focused on implementing…
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The trading solution is built on a ReactJS framework for a responsive design and faster web-browser reaction time. Users can also integrate third-party applications and the interface can be translated into any language. Harpal Sandhu, CEO Integral commented: In this current environment, it has become evident that institutions need access to a scalable and sophisticated…
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