Category: Brokers

GCEX
April 28, 2022 BY Steffy Bogdanova

GCEX sees strong results in its first year of trading

Additionally, GCEX strengthened its partnerships with Tier 1 Liquidity Providers, lending counterparties and digital custody asset solutions. Lars Holst, Founder and CEO, GCEX said: 20/21 was a transformative period for GCEX and we experienced rapid growth. Our strong financial results reflect both an increase in our market share and an increased market acceptance of digital…

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StoneX
April 28, 2022 BY Steffy Bogdanova

StoneX increases size of credit facility to $475 Million

Sean O'Connor, CEO of StoneX, said: Through increased support from our existing bank group as well as through a number of key new relationships, we are excited to announce the renewal and expansion of this important credit facility. With the support of this expanded group of bank partners, we look forward to continuing to expand…

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Interactive Brokers
April 20, 2022 BY Steffy Bogdanova

Interactive Brokers sees 28% revenue drop in Q1 2022

The net interest income also fell 8% to $282 million, due to a drop in securities lending activity but was offset by gains on margin lending and segregated cash balances. However, the other income decreased by $159 million to a loss of $39 million. Pre-tax profit margin came in at 61%, compared to Q1 2021…

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Spectrum Markets
April 19, 2022 BY Steffy Bogdanova

Spectrum Markets turnover rises 188% in Q1 2022

Daily trading volumes also continued to increase steadily in Q1. The highest daily volume was registered on 8th March when more than 23,000 trades were placed amid heightened market activity linked to Russia’s war in Ukraine. Spectrum Markets reported record growth last year with nearly doubled its trading volume. The company’s turnover reached €1.35 billion…

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Tickmill
April 19, 2022 BY Steffy Bogdanova

Tickmill adds a new CFD stock asset class to its offering

Sudhanshu Agarwal, Executive Director of Tickmill Ltd, said: We are very excited to introduce this exquisite list of CFD Stocks to our clients. Tickmill’s product offering, super competitive trading conditions, top-notch technology and the reliable regulated trading environment offers traders an all-in-one package and an unparalleled trading experience. This is another milestone achieved in Q1…

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April 12, 2022 BY Steffy Bogdanova

ActivTrades partners with Conv.rs to strengthen client engagement

Gho went on to say that the company was looking for an easy to implement, no-code business application and that motivated the choice of Conv.rs. Its chat allows ActivTrades to reach more customers, faster and in a more efficient manner. Enis Mehmet, CCO of Conv.rs, further commented: With ActivTrades having multiple locations that service different…

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