Marc Despallieres, Chief Strategy & Trading Officer, Vantage, said: We are thrilled to receive our FSCA license. We have had our sights on South Africa for some time, and we were determined to be able to provide traders with exceptional financial services and products while operating in compliance with the highest regulatory standards. The new…
Read more
In the first quarter of the year, net income came in at $41.7 million during the first quarter, registering a 35% drop compared to Q2 FY23. The number was also 45.6% lower than the previous quarter. StoneX’s ROE also decreased to 13.8% in Q2 FY23. The diluted earnings per share (EPS) fell 37% during the…
Read more
The average daily volume (ADV) in forex instruments stood at $5.1 billion. The figure dropped 25% on monthly basis and 10.5% on yearly. The brokerage firm reported that demand in Equities also registered fell. The volume in April was $174.7 billion, 32.8% lower compared to March. However, on yearly basis, the asset class rose 3.3%.…
Read more
The broker ended the month with client credit balance of $99.2 billion, including $2.4 billion in insured bank deposit sweeps. The client credit balance came in 9% higher than in April 2022 and 3% more than the prior month. However, client accounts on the platform increased 20% YoY and 1% MoM to 2.22 million in…
Read more
Additionally, the Group revealed that its consolidated subsidiaries, including Dukascopy Japan and Dukascopy Europe, were also profitable in 2022. Veronika and Andrey Duka co-Chief Executive Officers, said: Despite all complexities and challenges of the financial year 2022, the Bank's profit is 200% higher than the profit for 2021. All of the Bank's subsidiar ies were…
Read more
The official announcement detailed that the deal will leverage both firms’ trading solutions and industry experience to create more liquid, transparent and efficient fixed income markets. Through the acquisition, Yieldbroker will gain access to domestic client network, including superannuation funds, as well as Tradeweb’s global multi-asset platform, liquidity and technology. The companies also believe that…
Read more
Compared to the fourth quarter of last year, the figure jumped 145% from PLN 216.7 million. Net profit for the period stood at PLN 302.8 million, registering a 19.9% rise YoY and a 505.6% surge QoQ. Active clients The numbers of active clients on the platform improved significantly in the first quarter of the year.…
Read more
Over the last year, the London-headquartered Group, continued to grow its team and expanded its global footprint in Dubai. Furthermore, GCEX launched XplorDigital trading solutions, introduced 24/7 FX trading, and continued the expansion of its product offering. Additionally, GCEX offers more than 40 crypto products to its institutional and professional clients, available as spot or…
Read more
Nicky Maan, Spectrum Markets CEO, said: We’ve had a very successful start to 2023, achieving another strong quarter of growth, and building on the foundations of our robust and innovative pan-European trading ecosystem to further enhance connectivity and expand our partner network. According to the numbers, the total value of order book turnover exceeded €1 billion…
Read more
At the Signal Centre, a team of professionals employs advanced filtering functionalities to create trading ideas, which are made available for users. The trading ideas are fully transparent and continually monitored for performance to provide feedback for new ideas. Additionally, the Market Sentiment Hub is an AI-based tool that traders can use to rank each…
Read more