Category: Brokers

Robinhood
July 29, 2021 BY Steffy Bogdanova

Robinhood attracts heavy regulatory demands

As a public company Robinhood will now be required to release quarterly financial results. Those will include previously undisclosed information on the crypto and options trading contribution to the company’s revenue. The public listing will also require the company to announce any sort of information that may affect its stock price such as government probes,…

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Monex Group
July 28, 2021 BY Alan Sayer

Crypto trading drives a 457% increase in profit for Monex in Q2

Monex has passed this financial improvement onto shareholders. The basic earnings per share increased by more than 400% in the same period as the previous year. Shareholders have seen a rise from ¥5.57 per share in 2020 compared to ¥28.18 in 2021. Crypto has helped to drive this increase in revenue and profits. The figures…

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Playtech
July 27, 2021 BY Steffy Bogdanova

Playtech reports strong performance in H1 2021

Playtech added: Playtech has continued to make significant progress against its strategic and operational objectives, including in its key target growth markets of the US, Latin America and Europe. In the US the Company signed a strategic, multi-state, multi-product deal with the Greenwood companies, which operate the Parx Casino, and subsequently launched in Michigan with…

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Exness
July 26, 2021 BY Alan Sayer

Exness shows 10% MoM growth for June trading figures

The increase in trading volume comes as Exness showed a decrease in active customers, falling from 207,150 in May to 204,925 in June. This means that although the total number of active customers is lower, the average trading volume per customer rose. May 2021 saw an average trading volume per customer of just under $3.8…

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Exness joins the Financial Commission as a member
July 22, 2021 BY Steffy Bogdanova

Exness joins the Financial Commission as a member

The broker members and their customers benefit from an unbiased 3rd party mediation platform that helps resolve complaints in such cases when parties are unable to directly come to an agreement over disputes. The approved members and their clients trading in CFDs, forex, and cryptocurrency, the Financial Commission helps facilitate a simpler and quicker resolution…

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Robinhood
July 20, 2021 BY Alan Sayer

Robinhood seeks $35 billion market valuation in upcoming IPO

It has also shown revenue increases in several different metrics. Compared to the 2020 second quarter revenues, the 2021 second quarter revenues show an increase of more than 100%. This is an increase from $244 million in 2020 to $544 million in 2021.  This is also a revenue increase from the first quarter of 2021…

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