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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Pambos Panayiotou, CEO of Trading.com Markets Inc., commented: From the many conversations we've had with retail traders in the US, we identified a gap between what many traditional forex dealers provide, and what clients really require. In many cases, customers felt let down by needlessly complex processes, pricing structures, and an overall lack of clarity…
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In 2021, total client assets came in at DKK 640 billion from DKK 478 billion recorded the previous year. Fournais continued: The year 2021 saw both growth and consolidation for the Saxo Bank Group. In Q1, we saw a record-high inflow of clients and client assets. In subsequent quarters, growth rates stayed positive, albeit at…
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Holst continued: The investment we received from True Global Ventures (TGV4 Plus) is helping to fuel our expansion, enabling us to capitalise on the growing demand we are seeing for our modular end-to-end plug and play trading platform for digital assets and FX. Headquartered in London, GCEX has offices in Scotland and Denmark. Its Copenhagen…
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Mary Elizabeth Taylor, the Vice President of External Affairs and Community at Robinhood Markets, stated: Our partnership with Amplify Latinx is an extension of our mission to democratize finance for all. Their work to uplift Latinx entrepreneurs, champion leadership opportunities for the Latinx community, and address systemic issues, such as the Latina pay gap, all…
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Following the launch, the German fintech online broker will also release its NFT and Staking platform under the label "NAGA Earn". Additionally, the firm also saw a dynamic beginning of the year. Brokerage revenues went as high as €8 million, nearly triple the amount it recorded during the same period last year. Bilski added: A…
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David Zruia, the CEO at Plus500, said: Plus500 delivered another excellent operational and financial performance in 2021 and we made significant progress with our strategic roadmap to develop our position as a leading global multi-asset fintech group. With the Group having further strengthened its strategic position during 2021, and with a positive start to the…
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