On yearly basis, however, last month’s ADV was 31% higher compared to November 2021. In November 2022, FXSpotStream’s overall volume stood at $1.48 trillion. The numbers were 2% up from the $1.45 trillion, recorded last October. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year.…
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Daniel Muvdi, Quantfury’s Head of Markets, said: Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians. Quantfury highlighted that its fractional trading mode is available on…
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The official announcement shared with LeapRate, stated: Today's new generation of investors and traders are looking for the easiest mobile and web platform tools to execute their trades and investments. An easy to use, point, click or swipe user interface matches the speed and convenience of some of the top trading applications in the market…
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The company has already taken steps in its expansion with the appointment of industry veterans to key executive positions. In the past 12 months, the broker doubled its staff. According to the official announcement, the new FCA license comes with the acquisition of regulated broker, previously named Petra Asset Management Ltd. Eurotrader’s CEO, Marcelo Spina…
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Hisham Mansour commented: CFI’s leading position in MENA is very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our position. The Egyptian market is a key market in the region and we saw we have to be there physically through a locally regulated company. Mansour further noted that…
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Net income for the full fiscal year came in at $207.1 million, registering a 78% rise compared to FY21. The New York-headquartered Group' s basic earnings per share stood at $2.58, and the diluted ones was 2.49. They were 597% and 592% up, respectively. For the full year, basic earnings per share $10.27 and diluted…
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FinTech Acquisition Corp. V was set up by well-known financier Betsy Cohen. The SPAC company and eToro announced their proposed merger in March 2021. The estimated implied equity value of the merger was initially at $10.4 billion, but was later taken down to $8.8 billion. The merger was terminated as the Israeli retail broker and…
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According to its Companies House filing, BUX UK attributes the decline in revenue to the markets returning to normal levels from 2019 and becoming more stable. Furthermore, Brexit has also impacted the operations of the company since it stopped onboarding new clients in the EU in the first quarter of 2021. In addition, the company…
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Interim dividend for H1 2023 stood at 3.50 pence per share, remaining unchanged from the previous year. The company said that a total dividend for the year expected to be in line with policy at 50% of profit after tax. Outlook The broker expressed optimistic expectations, with net operating income expected to grow by 30%…
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The data further revealed that younger investors are significantly more likely to want to have a say than older investors. In particular, 80% of participants in the survey between the age of 18 and 34 said they wanted to vote at AGMs if given the chance and 50% of investors around the age of 55.…
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