Hong Kong retail forex broker KVB Kunlun Financial Group Ltd (HKG:8077) has released its third quarter financial report, with the company seeing record Revenues and significantly improved profitability so far in the second half of the year. In Q3, KVB Kunlun reported total Revenues of HK$181.5 million (USD $23 million), up 38% from Q2's HK$131.5 million.…
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CySEC regulated retail forex and CFDs broker JFD Brokers has announced the launching of a new office in Prague, Czech Republic, where it will welcome new clients from the region, as well as from Slovakia. Mohamed Hassan, JFD’s Chief Business Development Officer, who has been leading the company’s international growth, said: The opening of our…
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After seeing fairly strong trading volumes during the (normally slow) summer months of July and August, retail forex broker FXCM has had a fairly slow fall season, reporting a 2% MoM decline in volumes during October after a 12% drop in September. FXCM volumes were $192 billion in October, down 2% from September's $196 billion. Average…
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Bucking the down volumes trend for October which we have seen at some of the leading institutional FX venues, we begin our monthly coverage of volume reports for the Retail FX sector with FCA and CySEC regulated broker Exness, and another strong month for the company. Exness has reported that forex trading volumes in its system…
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After we reported exclusively yesterday about the departure of longtime ETX Capital CEO Andrew Edwards, Copenhagen based multi asset broker Saxo Bank has announced that it has hired Mr. Edwards as the CEO of its FCA regulated UK operation, Saxo Capital Markets UK Ltd. Andrew Edwards effectively replaces the role of Matteo Cassina, who recently resigned as…
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ASIC regulated Retail FX broker IC Markets has announced that it has added a range of Bond CFDs to its growing multi-asset offering. The addition of these fixed income products comes at a time when interest rates are normalising across the world’s major economies following years of record lows, providing IC Markets clients with new…
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FCA regulated Retail FX and CFD broker ICM Capital has announced that it is confirmed as the Official FX Trading Partner of football club Fulham FC, in a deal running until the end of the 2018-19 season. ICM stated that it will benefit from extensive brand presence at Craven Cottage, the home of Fulham Football Club…
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Copenhagen based multi asset broker Saxo Bank has announced that Jesper Andreasen and Hans-Jørgen Terp Flyger will be joining the company, and setting up a new quant unit with the responsibility to drive and manage the development of new state-of-the-art risk tools. The new tools will support Saxo Bank’s internal risk functions and will also…
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Forex trading platform developer MetaQuotes just announced that South Africa's online stockbroker GT247.com has replaced its ageing legacy trading platforms with MetaTrader 5. GT247.com launched the first version of their own platform back in 2001. The company was the lowest cost online retail broker for traders and the pioneer of CFD trading in the region,…
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CFD broker Plus500 Ltd (LON:PLUS) has announced that it has extended its sponsorship agreement with the Brumbies, the Australian professional rugby union football team to be its Official Sponsor for the next three years. Plus500 first became a sponsor of the Brumbies in December 2016. As part of the Agreement, the Plus500 logo will continue…
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