Admirals obtained license in South Africa to provide execution services in CFDs to retail and professional clients earlier in June 2022. As part of its expansion in South Africa, the company also opened an office in Cape Town. The global financial technology company further announced on Thursday that its Cypriot and South African business arm…
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The number of transactions for the period was down 4.2 million, which the company attributed to its withdrawal from the UK market, and trading volume came in at €69 billion, compared to 5.7 million transactions and trading volume of €132 billion, registered in the first half of last year. Clients also fell to €24 million…
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As company CEO, Ashraf Sleiman Agha brings an expertise in managing FX and CFDs firm with more than 30 years spent in the financial sector. In his new position, he will oversee all UK operations and tea members. Throughout his career, he has held roles such as Head of Treasury at Saxo Bank, Chief Operating…
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Marc Bürki, CEO of Swissquote, commented: We are continuously improving our own ESG profile by strengthening our corporate governance, supporting our employees and tracking our environmental footprint. However, the biggest impact we can make is to motivate our half a million customers to make better investment choices, where better means not only more performance at…
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Nicky Maan, Spectrum Markets CEO, explained: We’ve always said we want to list only those products that are most interesting for European retail investors, focusing on what they are actually going to use, and the new products from Societe Generale certainly fit that mould. Offering more investment options in terms of duration, as well as…
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Gary Thomson, Chief Operating Officer of FXOpen UK, commented: As a company we are very much focused on the added value we can offer our clients and are constantly striving for ways to enhance the positive experience our traders have with FXOpen. We are delighted to announce our partnership with TradingView and expand our suite…
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Adam Blemings, Head of Trading at IG Group said: We aim to provide ambitious, self-directed individuals with unparalleled access to the world's financial markets to help them reach their financial goals. We are thrilled to add AQSE stocks electronically as the latest in our ongoing expansion of our array of financial assets. Earlier in September,…
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With the now failed merger, the broker initially aimed to diversify its shareholder base, as well as accelerate its growth strategy. Saxo’s SPAC partner, DCAC is now considering other option. The company stated: DCAC is contemplating its options, taking into account its business combination deadline of 11 January 2023, subject to potential extension. Saxo is…
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Tradeweb Markets also announced a share repurchase program, which was approved by its board of directors. The broker authorized the repurchase of $300 million in shares of its Class A common stock. The official announcement further detailed that the program has no termination date and can be discontinued at any time. Sara Furber, Chief Financial…
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The average daily volume (ADV) in forex instruments stood at $6.3 billion. The figure was 3.3% higher on monthly basis and registered a 40% increase compared to November last year. The brokerage firm reported that demand in Equities continued its upward trajectory. The volume in November was $278.9 billion, gaining 8.7% compared to October. On…
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