Category: Brokers

February 22, 2023 BY Steffy Bogdanova

Capital.com reveals new UK headquarters in London

The new headquarters of Capital.com boasts over 20 meeting rooms, acoustic pods, quiet zones, a Metaverse room and a sizeable seminar room that can accommodate up to 50 people. Capital.com has several global offices and the UK headquarters will be a base for more than 100 employees. The UK office, which moved from Great Queen…

Read more
Spectrum Markets
February 21, 2023 BY Steffy Bogdanova

Spectrum Markets turnover jumps 147% in 2022 to €3.33 billion

2022 milestones During last year Spectrum also unveiled a few partnership deals including a connectivity collaboration with SIA, a Nexi Group subsidiary, and Euronext Securities Milan. Furthermore, the group added Italian investment banks Equita and Intermonte as members of its multilateral trading facility. Additionally, Spectrum Markets also partnered with Societe Generale as a new issuer…

Read more
February 15, 2023 BY Alan Sayer

Hargreaves Lansdown Revenues Rise 20% Despite Net New Business Decline

Despite the decline in some metrics, Hargreaves Lansdown's pre-tax profit rose 31% to £197.6 million from £151.2 million, while underlying pre-tax profit, which excludes the strategic investment costs for the period, increased 30% to £211.9 million from £163.5 million. As a result, earnings per share were 33.1p, 29% above the previous year's period of 25.7p.…

Read more
plus500 revenue
February 14, 2023 BY Steffy Bogdanova

Plus500 reports $832.6 million in net revenue in 2022 and announces final share buyback program

Final share buyback program The London-listed broker also reported a $100 million distribution to investors of final and special share buybacks and dividends. Plus500 today announced a final share buyback program to purchase $42.4 million worth of company shares and a special buyback program of $27.6 million. The firm will also pay out final dividend…

Read more
Saxo Bank
February 10, 2023 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 5% MoM in January

The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. The brokerage firm reported that demand in Equities also fell. The volume in January was $219.7 billion, falling 14% compared to December. On yearly basis, the asset class dropped…

Read more
Robinhood
February 09, 2023 BY Steffy Bogdanova

Robinhood Q4 2022 net loss falls to $166 million

Monthly Active Users in the final three months of the year decreased by 0.8 million to 11.4 million, as customers continued to navigate the volatile market. Full year results Robinhood reported that net revenues for the full year 2022 came in at $1.36 billion. The figure registered a 25% decrease compared to the previous year’s $1.82…

Read more