According to the official announcement, the additional features are available for a flat custody fee of £10 per month without additional commissions. The company further detailed that CMC Invest clients can take money out of their accounts and put it again during the same tax year without affecting their ISA allowances. The new offering is…
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The official announcement also noted that Ninety Nine will continue to operate but it will be focused on its B2B & B2B2C arms. Javier Sanz Álvarez, CEO and founder of Ninety Nine, said: We have been working for over a year and a half on our B2B strategy, and while it was a difficult decision,…
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The broker ended the month with client credit balance of $96.0 billion, including $2.4 billion in insured bank deposit sweeps. The number came in 10% higher than in November 2021 and 1% above the prior month. In addition, the client accounts on the platform increased 26% YoY and 1% MoM to 2.07 million in November…
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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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