IG Group’s CEO, June Felix, commented: I'm delighted to be reporting another quarter of outstanding performance driven by a record number of clients trading in the period. All-time high number of clients IG Group also reported a record number of active clients. During the third quarter, the numbers reached 292,200, compared to the same period…
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Nicolas Breteau, the CEO of TP ICAP said: Our performance naturally reflects the unusually quiet secondary markets that we experienced in 2021, particularly in the first half of the year. However, as market conditions started to improve in the second half, TP ICAP recovered most of the ground and grew overall market share. Total Group…
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CMC Markets further explained that the maximum aggregate number of shares that it will repurchase is 29,071,747 ordinary shares. RBC Europe Limited has been appointed to manage the Buyback Programme on its behalf. CMC Markets first announced the decision to launch the buyback program on 2 March. Board of the company decided to return excess…
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The total number of trades reached 34.32 million in February, registering a 5.65% rise compared to January’s 32.48 million trades. In February, PrimeXM’s Data Centre in LD4’s notional trading volume stood at $950 billion. TY3 recorded $136 billion and NY4 followed with $124 billion. SG1’s monthly growth more than doubled reaching $3.02 billion.
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Yoni Assia, the CEO and Co-Founder of eToro, issued the following statement: eToro closed 2021 with a strong fourth quarter, generating over $300 million in total commissions. We are extremely proud of our accomplishments in 2021, some of which include growing the eToro network by more than 9 million registered users while more than doubling…
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UK Financial Conduct Authority (FCA), which regulates Sova Capital, said that the court had appointed Teneo as special administrators and would start assessing client money and custody assets. The FCA said: The Special Administrators will write to the firm’s clients with their proposals for the Special Administration within 8 weeks of appointment, this will include…
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Raj Sitlani, Managing Director of ISAM Capital Markets said: We have taken the opportunity to invest in our business over the course of the pandemic and, despite the challenges of operating in this environment and of an increasingly competitive market, we have continued to grow the business and have laid the foundations for continued growth…
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The ADV numbers were 19.15% higher than in January 2022 and 27.30% on a yearly basis. FXSpotStream’s overall volume reached $1.263trillion, up 27.30% YoY increase compared to the same period last year. The February ADV numbers are based on 20 trading days. The company's ADV for the first two months of 2022 has reached $57.937billion,…
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CEO and co-founder, Nauman Anees, commented: Our trading app ThinkTrader is a unique proposition for the Japanese market. With its streamlined user interface, sophisticated charting capabilities and ultrafast execution speeds, we are confident we will meet the high expectations of clients in Japan. ThinkMarkets Japanese office CEO, Koike Kazuhiro, added: We are very proud to…
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Admiral Markets AS brought in €20.5 million of the total revenue. The Estonia-regulated entity of the group generated €0.9 million in net profit. The company stated: We’ve all seen how COVID-19 has shaken up the markets. The first half of 2020 was unique in terms of high market volatility, which made for a strong start…
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