The client margin loan balance rose 23% compared to the previous year to $50.1 billion. However it was still 8% down compared to the December. The month with $89.3 billion in client credit balances, 8% higher than 2020 and 3% more than the previous month. Clients accounts on the platform came in at 1.73 million,…
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Active clients growth The numbers of active clients on the platform improved significantly in the fourth quarter, as well as the year. The broker registered 42,760 new clients in Q4, 11.3% more than the same period the previous year. The active clients on the platform came at 127,174 in the Q4, 75.8% higher than the…
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Vlad Tenev, the CEO and Co-Founder of Robinhood Markets, commented: We had a momentous year, nearly doubling the number of customers on the platform and making critical investments in our team and infrastructure to support growth. This year, we'll expand our ecosystem of products that make Robinhood the best place to start investing and build…
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June Felix, Chief Executive, commented: This has been a period of outstanding performance with record revenues and profits. Since we launched our new strategy three years ago, the group has transformed from a UK-centric, CFD focused firm, to a global financial technology company with a multi-product trading platform. One of the key factors behind the…
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The spokesperson continued: It also demonstrates the continued success of the HF Markets Group, made possible by our clients, partners and the dedicated efforts of the HotForex team to offer the safest trading environment possible to millions of traders around the world. The latest CMA licence is in addition to the existing licenses and regulation…
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Lord Cruddas, Chief Executive Officer, commented: I am pleased with the ongoing trends we’re seeing in client money, and physical share assets in Australia. In addition, the team is on track to launch our new UK investment platform in the first half of the calendar year. I remain confident in the outlook for CMC as…
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ZuluTrade 2.0 will promote and accelerate community engagement. The new version of the platform will also focus on providing users access to analysis, data, insights and portfolio optimization tools, which are typically reserved to professional investors. With the acquisition by Finvasia group, Zulu will also gain access to its resources and will look to obtain…
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BlackBull Markets COO, Benjamin Boulter, commented: From the very start, we have prioritised what investors care about. The breadth of our product offering, our dramatically low fees, and our local customer support are sure to win over investors old and new. It is no coincidence that we are one of the fastest growing brokerages in…
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The annual volume totaled $12.4 trillion in 2021. Integral’s cloud-based SaaS FX workflow solutions serve a wide variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds. Clients leverage the deep and diverse FX liquidity available through the company’s platforms within an integrated environment. Earlier in December, Integral onboarded Riina Sulonen…
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Future growth According to the original announcement shared with LeapRate, Skilling intends to use its fresh capital to accelerate the recruiting of talent and further bolster its trading technology. The company’s goal is to offer simple, yet robust technology allowing customers to navigate their trading and investments throughout the customer’s financial life. Skilling’s long-term vision…
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