Customer growth and expansion During the first three months of the year, the London-listed broker onboarded 33,740 new customers. This is marginally higher than the previous quarter, when the number of customers fell but 62% lower than the Q1 2021. Plus500 also reported 176,642 active traders on its platform. The average revenue per user increased…
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Additionally, BUX has also included additional 95 new fractional US stocks to its offering. Big names among the U.S. stocks that are now also available for fractional investments include Mastercard, PepsiCo and IBM. The company noted that fractional investing in European stocks will also become available in the future. Yorick Naeff, CEO of BUX, commented:…
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David Jones, Chief Market Strategist at Capital.com, said: There's nothing like volatility to bring traders to markets, and we obviously had that by the bucket load in the first quarter of the year. Gold and oil were notably active markets as Russia invaded Ukraine - at its highest, oil was up 70% for the year…
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PrimeXM’s Data Centre in LD4’s notional trading volume in March stood at $964 billion. TY3 recorded $191 billion and NY4 followed with $191 billion. SG1 data centre showed steady growth with $8.57 billion. XAUUSD remains the most popular trading instrument, recording one third of all volume traded in March. EURSD index took 2nd place with…
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The launch of these ongoing concrete structural improvements reveal that the 12-year old brand is also adaptable and focused on technology and speed. A spokesperson of FXPRIMUS commented: We are absolutely delighted to be taking live the multitude of improvements that our talented resources have been working on for many months. With these changes, our…
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Lord Cruddas, the CEO of CMC Markets, commented: I am delighted to report another year of strong performance both strategically and financially. Outside of the pandemic year (Financial year ending March 2021), this is a record net operating income result for the company. The performance reflects the ongoing success of our B2B technology partnerships and…
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All of this information is displayed on the ATFX CopyTrade dashboard. There, traders are ranked based on their returns, risk profile and win rate. Professional traders can join the program as a “Provider” which will allow them to earn an additional income. They can do that by providing profitable signals to other traders and getting…
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FXSpotStream’s overall volume reached $1.613 trillion, up 28.24% YoY increase compared to the same period last year. The March ADV numbers are based on 23 trading days. The company also noted that last month completes the highest volume quarter in its history. In first quarter of 2022, FXSpotStream recorded $3.988trillion, with a Q1 ADV of…
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Alex Mackinnon, CEO Finalto Asia, commented: We are excited to be working with Kelvin Zhao of Taurus Share. The 360 Stack is great showcase of our innovation and prowess in developing exciting tech that can be built around business, powering the trade and more importantly for the brokers giving them the CRM, communication and back-office…
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In his new role as managing director, Nahas will be responsible for all European CFD business of BUX, running the firm in Cyprus, and is part of the CFD leadership team. Nahas, Managing Director Cyprus CFD operations, added: BUX is a well-established and respected brand in Europe. Its vision and ambition are driven by a…
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