Energy & Commodities activity increased 3% in the quarter. The numbers were driven by by the improvements in "market conditions, and liquidity, in European Gas & Power." Parameta Solutions, which offers data & analytics and post-trade solutions, registered a 7% growth (15% in reported currencies) in revenue. The announcement noted that the division's goal is…
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The product selection includes a wide variety of assets spanning across all GICS stock categories. This encompasses shares of well-known companies like Apple, Amazon, Microsoft, Netflix, Tesla, Meta, Nvidia, Exxon Mobile, Berkshire Hathaway, and many others. Stavros Lambouris, CEO at HYCM International commented: Stock offering, in general, is not a new product but is…
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With the integration, traders will receive the trading signals before the markets open which will allow them to plan their strategies in advance and make informed decisions. Additionally, the signals will include entry, exit, and stop loss levels. Traders also have the ability to customise their trading experience by utilising market-based filters for trading signals…
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ThinkMarkets specializes in providing retail trading services and has expanded its institutional presence through a liquidity provisioning platform launched in 2021. The recent announcement highlighted that the broker serves 138,500 clients across 165 countries. It experienced a compound annual growth rate (CAGR) of 24 percent and generated $62 million in revenue in 2022. As part…
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However, Robinhood's $441 million revenue for the first quarter still exceeded market expectations. The company reported an increase of 11% quarter-over-quarter (QoQ) in its transaction-based revenues, reaching $207 million during the first quarter. This was driven by an increase of 7% in options trading and 29% in equities, generating $133 million and $27 million in…
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Alexey Kutsenko, CEO of TFB, commented: Making reporting and data analysis accessible for our clients is an ongoing focus for TFB. Complying with local authority requirements is absolutely essential. Through the collaboration with MAP FinTech, we hope to make this process as seamless as possible and provide built-in reporting for more regulators. Panayiotis Omirou, CEO…
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Dahrieh has served at Tickmill as Country Manager and Market Strategist for five years during which he has been working to expand the company’s brand presence in the region. The office represents a new milestone for the Group in the further expansion of Tickmill globally and in the MENA region, in particular. The new office…
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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…
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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…
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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%.…
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