The average daily volume (ADV) in forex instruments stood at $6.1 billion. The figure was 9% lower on monthly basis but 19.6% up compared to October last year. The brokerage firm reported that demand in Equities picked up during last. The volume in October was $ 256.5 billion, gaining 3.5% compared to September. On yearly basis,…
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On yearly basis, however, ADV was 37% higher compared to October 2021. In October, FXSpotStream’s overall volume stood at $1.45 trillion. The numbers were 10% down from the $1.61 trillion, recorded in September 2022. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year. The October…
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The Group’s performance was significantly influenced by the strengthening of the USD as the 60% of the Group's revenues are denominated in the US currency. TP ICAP stated: Global Broking revenue was up 12% (+20%). All asset classes generated high single digit to double digit growth, reflecting the continued strong performance. E&C revenue declined by…
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Plus500 stated: The purpose of the Share Buyback Programme is to highlight further the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the significant operational and financial momentum achieved by Plus500 over recent years, as the Group continues to make further progress on…
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The broker also saw a 52.7% increase in the CFDs trading volume on its platform from 1.044 million to 1.594 million lots of contracts. Active clients The acquisition of new clients of on the platform slightly decreased in the last quarter, compared to the previous one. The broker registered 44,800 new clients from July to…
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Andrew Speakman, LATAM Business Development Director of Hantec Markets, said: Our expansion into Latin America is an important point of emphasis for Hantec Markets that will boost our global presence. Nader Nurmohamed, Chief Operating Officer of Hantec Markets. Added: We wanted to move into one of the largest financial centers in the region, and Chile…
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Chief Business Development Officer of BlackBull Markets, Anish Lal said that he believes it important that investors are given the option to profit from the rising and falling of stock prices in the local market. He noted that this motivated the broker to seek out the development of these CFD products. Chief Business Development Officer…
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Furthermore, the total value turnover for the quarter hit €836 million, recording an increase of 136% on yearly basis. During the second quarter of 2022, the company's total value of turnover stood at €879 million in Q2, up by 250% year-on-year. Nicky Maan, Spectrum Markets CEO, commented: I’m very happy to announce another strong quarter,…
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Between July and September, pre-tax income came in at $523 million, with the adjusted figure at $580million. These numbers were up from the figures of the third quarter the previous year – $234million and $420million, respectively. During the third quarter, other income came down to $48 million from $170 million. This figure was improved by…
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Since the beginning of the year, the Group has expanded its executive team adding industry expertise, and accelerating the introduction of new financial products to market. CFI Financial Group’s Founders and Managing Directors, Hisham Mansour and Eduardo Fakhoury, said: First of all, we are very proud of the entire CFI team for the amazing commitment…
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