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…
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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…
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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…
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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.…
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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…
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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…
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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…
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ThinkMarkets further highlighted that the new entity is regulated by the New Zealand Financial Markets Authority (FMA). The company’s clients in the region can trader more than 4,000 financial instruments on the ThinkTrader platform, which is available on mobile, web and desktop. Nauman Anees, CEO and co-founder of ThinkMarkets, commented: We are delighted to expand…
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The Israeli-based broker reported EBITDA of $100.9 million for the period, registering a 116% million from Q4’s $46.7 million. Compared to the first quarter of last year, however, the figure dropped 37.6%. Customer activity During the first quarter of 2023, the London-listed company onboarded 28,201 new customers. This 16.4% lower than the 33,740 accounts added…
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Revenue generated from commission was only 2% higher, reaching $357 million. The revenue earned from commissions rose only by 2% and amounted to $357 million. This was due to a surge in contract volumes in futures, coupled with higher average trade sizes in both options and futures. However, the increase was offset by reduced trading…
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