Alex Howard, CEO of Eightcap commented: By incorporating Acuity's cutting-edge AI technology into our platform, we are able to offer our clients a powerful new tool that will help them stay ahead of the markets. We are committed to providing an extensive range of tools and educational resources that will enhance our clients' trading experience…
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In the first quarter of the year, net income came at $76.6 million during the first quarter, registering a 84% jump compared to Q1 FY22. StoneX’s ROE also improved by 27.3% in Q1 FY23. The diluted earnings per share (EPS) jumped 77% during the last quarter to $3.62 per share. FX and CFDs demand The…
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Once Interactive Brokers Australia receives permission to enter into SYEP Derivatives, the company will manage everything from there. The firm will examine clients' stock portfolios and enter into SYEP Derivatives with eligible clients, depositing cash collateral in their accounts and paying them a fee reflected as interest. The American automated global electronic broker highlighted the…
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OANDA Group’s fully owned subsidiary, OANDA TMS, is supervised by the Polish Financial Supervision Authority and participates in the Investor Compensation Scheme operated by the National Depository for Securities S.A. (KDPW). Following the strategic reorganisation, active traders in Europe will be able to gain access to the broader TMS product offering with wider range of…
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David Zruia, CEO of Plus500, commented: We are delighted to have received licence authorisation from the DFSA in the UAE and we are excited to bring our market-leading technology capabilities to customers in the region. This is the latest realisation of our strategy to enter new markets, develop new products, and deepen engagement with our…
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According to the official figures, the quarterly revenue reached $293.0 million, up by 5.8% on yearly basis. The average daily volume for the last three months of the year came in at $1.1 trillion, falling 4.1% YoY. Net income for the quarter jumped by 65% to $99 million. The uptick was attributed to lower tax…
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The broker ended the month with client credit balance of $99.8 billion, including $2.4 billion in insured bank deposit sweeps. The client credit balance came in 12% higher than in January 2022 and 5% above the prior month. However, client accounts on the platform increased 23% YoY and 2% MoM to 2.13 million in January…
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Net profit for the period stood at PLN 50 million, suffering 27% fall YoY and 78.8% drop QoQ. However, the full year results were positive for the broker. The revenue for 2023 reached PLN 1.444 billion, skyrocketing 130.9% from the previous year. Net profit jumped 222% to PLN 765.7 million Active clients The numbers of…
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On yearly basis, however, last month’s ADV jumped 14.3% compared to January 2022. In January 2023, FXSpotStream’s overall volume stood at $1.33 trillion. The numbers were 4.7% up from the $1.27 trillion, recorded in December 2022. The overall trading volume of the firm has surpassed $1 trillion for every month of 2022 and it is…
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Invast Global institutional clients ten Soft Commodities which include Corn, Soybean, Wheat, Copper, Coffee Robusta, Coffee Arabica, US Heating Oil, Cocoa, Sugar and Cotton. They can be accessed via trading servers in New York (NY4), London (LD4) and Tokyo (TY3). According to the official announcement, speed of pricing and quality of execution are a key…
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