Category: Brokers

October 18, 2021 BY Steffy Bogdanova

Forex.com expands in Latin America

Forex.com stated: We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in Latin America. Forex.com’s operator, Gain Capital was acquired by US-based StoneX Group last year in July for $236 million.

Read more
FXCM
October 18, 2021 BY Steffy Bogdanova

FXCM expands its French, German and UK share offerings

FXCM offers trading services in Hong Kong, the UK, the US, Australia, and large parts of Europe. The expansion of the company’s offering allows its clients to trade on an extensive number of listed firms around the world hefty commission and data subscription fees charged by the majority of trading providers. Brendan Callan, CEO of…

Read more
FXSpotStream
October 07, 2021 BY Alan Sayer

FXSpotStream reveals new microsecond low-latency architecture

FXSpotStream Co-Founder and CEO Alan Schwarz said: We have grown tremendously since our launch in 2011 becoming the 3rd largest FX Service by volume with an ADV this year at USD48.5billion. At the same time, we have placed great importance on the speed and quality of our market data distribution. Our aim is to provide…

Read more
CMC Markets
October 07, 2021 BY Alan Sayer

CMC markets expecting operating income of £126m in H1 of FY2022

Leveraged gross client income for H1 FY2022 is anticipated to be around £127 million, compared to £174 million the previous year. Meanwhile, leveraged net trading revenue for the period is expected to be approximately £100 million — half of the £200 million figure previously reported. However, non-leveraged trading revenue is expected to fall to £24…

Read more
PrimeXM volumes
October 05, 2021 BY Alan Sayer

PrimeXM hits new monthly record trading volume

In September, PrimeXM's total number of trades was 30.37 million, a 12% MoM improvement compared to August’s 27.15 million trades.  During September, the most traded instrument was XAUUSD (Gold), with $287.4 billion in notional value, representing around 23% of the overall monthly volume. The US30 index rose 3 places and displaced EURUSD as the 2nd…

Read more
Interactive Brokers
October 04, 2021 BY Alan Sayer

Interactive Brokers sees daily average revenue trades jump 16%

Ending client equity for September was $353.8 billion, 52% higher than the same period in 2020, but down 3% compared to August. Interactive Brokers also reported ending client margin loan balances of $50.2 billion, a significant 67% increase on the year prior and a 1% rise on the month before. In a statement, Interactive brokers…

Read more
Brokeree Solutions updates Social Trading
September 27, 2021 BY Steffy Bogdanova

Exclusive: Brokeree Solutions unveils its new brand image

Besides the new logo, the company also launched an updated website with a new navigation system for the solutions’ portfolio and elaborated abilities of its knowledge base. Among other features, users can now find a “Company” tab, which clearly presents the company's values and team. Earlier in August, Brokeree Solutions released a new Ratings Module…

Read more
Robinhood
September 24, 2021 BY Steffy Bogdanova

Robinhood moves quickly to double headcount of tech team

CEO Vlad Tenev said this in August: We've been aggressively hiring technology-related headcount, however over time we count on to see this line merchandise lower as a proportion of income. Robinhood's engineering jobs are all in the US, mostly based in Menlo Park, California, but the company has noted that some engineers work remotely. A…

Read more
IS Prime
September 23, 2021 BY Steffy Bogdanova

IS Prime releases new index and commodity liquidity offering

Jonathan Brewer, Commercial Director of ISAM Capital Markets and Managing Partner at IS Prime said: Having our own proprietary pricing engine for indices and commodities means we can leverage our knowledge of brokers’ requirements to provide a product which is forensically tailored to their needs.  This price feed is a true institutional grade offering and…

Read more