eToro and OpenPayd roll out embedded finance proposition in Europe LeapRate

September 28, 2022 BY Steffy Bogdanova

eToro and OpenPayd roll out embedded finance proposition in Europe

Furthermore, OpenPayd’s API-based solution enables eToro to significantly speed up payment processing times and remove the possibility of human error. Kreeson Thathiah, Director of Payments at eToro, said: This partnership is an example of embedded finance in action; it’s a significant evolution in how we build innovative financial services. Working with OpenPayd – who’s platform…

September 23, 2022 BY Steffy Bogdanova

Capital Index (UK) sees 29% drop in 2021 turnover

The company noted in the official report that 2021 was a challenging year for the company. Capital Index (UK) said: The company has coped well with the operational difficulties associated with the pandemic, but a lack of volatility compared with the previous year cut into expected revenues, and difficult decisions had to be made.

CAPEX.com adds over 130 ETFs on CAPEX Invest

September 22, 2022 BY Steffy Bogdanova

CAPEX.com expands offering on CAPEX Invest with more than 130 ETFs

Octavian Patrascu, CEO and founder of CAPEX: Over the last two years, CAPEX's main goal has been to develop an app that fits the financial needs of the modern retail investor. Launching CAPEX Invest is the next step in this effort. As a multi-asset broker with years of experience, we try to give our investors…

September 21, 2022 BY Steffy Bogdanova

eToro secures in-principle approval in Abu Dhabi Global Market

Jason Hughes, Senior Executive Officer, UAE at eToro said: This is an important milestone for eToro. The UAE has one of the most vibrant fintech landscapes in the Middle East, and Abu Dhabi one of the most sophisticated regulatory frameworks for digital assets. We’re incredibly proud to be joining this ecosystem. We look forward to…

September 20, 2022 BY Steffy Bogdanova

HYCM on investing in high inflation

Coghlan regularly comments on market-moving news on financial media outlets such as Reuters, Nasdaq, FT Adviser, City AM, Daily Mail, CNBC Arabia, Asharq. Giles Coghlan stated: This is possibly one of the best times to trade FX since 2009 due to central banks increasing interest rates for the first time in years. The different speeds…

September 15, 2022 BY Steffy Bogdanova

Saxo Bank confirms plans to explore Euronext Amsterdam listing through SPAC deal

Saxo confirmed it is well capitalized and there will be no primary issue of shares with the listing and the merger will comprise a secondary sale of existing Saxo Bank shares. According to the official announcement, Saxo shareholders Geely Financials Denmark A/S and Sampo Plc, are planning to liquidating a part of their holdings. At…

September 15, 2022 BY Steffy Bogdanova

IG Group reports total revenue of £241.8 million in Q1FY23

According to the numbers, Core Markets+ total revenue for the quarter came in at £200.3 million, registering an uptick of 5% YoY. tastytrade total revenue in Q1FY23 grew by 62%, or 15% on a pro forma basis. On a constant currency basis, pro forma total revenue stood at $41.1 million, up 1%, driven by additional…

September 15, 2022 BY Steffy Bogdanova

VT Markets adds US, UK, and EU shares CFDs

VT Markets now offers more than 500 leveraged US shares CFDs. The list includes Amazon, Apple, Google, Visa, as well as other giants across different industries. For UK shares CFDs, traders have access to more than 100 top companies in the country, including Barclays, Vodafone Group, Lloyds Bank, and Unilever. For EU shares CFDs, among…

September 13, 2022 BY Steffy Bogdanova

Integral records 5% MoM decrease in ADV in August

However, Integral registered a 4.8 % rise in ADV, compared to the same period the previous year. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds.

September 13, 2022 BY Steffy Bogdanova

Moneta Markets separates from Vantage Group, acquires new regulatory authorisations

David Bily, Founder and CEO of Moneta Markets, said: Since its inception, the intention has always been to build Moneta Markets into a brand that can operate on its own. The technological and infrastructural support of the Vantage Group, in the beginning, was vital in helping us launch and become a serious market contender, as…

Category: Brokers