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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During its stock debut, some IPO investors remained on the sidelines sharing concerns over the risk of a regulatory crack down on Robinhood and even anger still lingering after the broker restrict trading during the meme stock frenzy back in January. This angered users, as well as US regulators. The meme stock mania drove Robinhood’s…
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Although CMC Markets has expressed positive comments around the trading update figures, it still shows negative growth compared to the 2021 figures. The operating income for the company was £409.8 million for the 2021 financial year. This was a 63% increase from the 2020 financial year, which had an operating income of £252 million. If…
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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 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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