Despite this significant increase in expenses, it is something that XTX Markets expected. As it moved across IP ownership and staff contracts to XTX Markets, this led to the expense increases. XTX Markets also made it clear in its financial statement that it had no contributions to political parties and, as such, had no political…
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PrimeXM Data Centre in London LD4 registered $796.11 billion in notional value, 76% of the total monthly traded volume. The Data Centre TY3 has returned second place from with $125 billion in monthly trading volume, 5.5% more than the $118.50 billion registered in NY4 Data Centre. XAUUSD remains consistent as the favouruite instrument of PrimeXM's…
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Eurotrader has also included thousands of additional US, UK and European stock CFDs to its product portfolio, enabling fractional share trading as well. Sergei Grigoriev, Executive Director, commented: Eurotrader’s focus is to accommodate the needs of individual traders as well as those looking to explore copy trading or account management systems. In addition to offering…
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The company has adjusted its expectations of the full year, now targeting CHF 465 million in net revenues and CHF 210 million in pre-tax profit, which was initially CHF 130 million. Swissquote continued to expand its crypto-asset offering for retail and institutional customers. The company has over 20 cryptocurrencies and CHF 1.9 billion in crypto-assets…
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In its response, BDSwiss stated: With regards to the FCA announcement and the use of our group website domain, we would like to clarify that all visitors and potential clients are presented with all brand entities and regulators, they are prompted to register under their own jurisdiction, and are even explicitly warned when attempting to…
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Additionally, the number of active clients on the platform also achieved a record figure of 209,370 traders in July, up from 204,925 registered in June. Last month, Exness joined the Financial Commission as its latest member, ensuring protection for up to €20,000 per client, backed by the commission’s Compensation Fund and other benefits. The company…
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In March 2021, TP ICAP completed the acquisition of Liquidnet and in the second quarter of the year its revenue was fully considered. In the first half of this year, Liquidnet generated £55 million revenue. Excluding this number, TP ICAP’s revenue declined 7% in H1 on a constant currency basis. Not counting Liquidnet’s contribution, the…
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The July ADV reached 17.6% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. In July, Integral revealed that UAE retail brokerage GoDoFX selected Integral MarginFX to support the growth of its FX and CFD business.
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FXSpotStream’s total trading volume surpassed $1 trillion for a 5th time in the FX trading provider. In July, the company posted $1.054trillion. The report showed a 13.39% increase compared to the same period last year. The company’s ADV year-to-date, from January to July 2021, reached $49.459 billion, marking a 15.10% rise compared to the same…
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Despite the fall in revenue, Nomura did have some positive showings on its balance sheet. Overall pre-tax expenses for the Q1 2021 period fell from the same period in 2020. There was a fall of 1.5%, which took expenses down to ¥274.7 billion from ¥278.9 billion in 2020. The drop in expenses was not quite…
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