Category: Brokers

saxo bank revenues
July 08, 2021 BY Alan Sayer

FX monthly volume shows a slight increase for Saxo Bank

This is a significant drop from the highest trading volumes that were hit during March. The peak brought in a total volume of $170.5 billion with a daily average of $7.4 billion. Since then, there has been a fall every month, with April showing a total of $124.2 billion and a daily average of $5.6…

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PrimeXM volumes
July 08, 2021 BY Steffy Bogdanova

PrimeXM trading volumes up by 10.5%MoM in June 2021

Prime XM Data Centre in London LD4 registered $806.32 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 141.76 billion in monthly trading volume. XAUUSD remains consistent as the most popular instrument of PrimeXM's traders for the past few months, with a total trading volume of $317.27 billion…

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RoboMarkets
July 07, 2021 BY Steffy Bogdanova

Over 30 CFDs on Brazilian stocks added to RoboMarkets’ R Trader

The new trading instruments include stocks of companies such as Petrobras (PETR4), Itau Unibanco (ITUB4), Banco Bradesco (BBDC4), AmBev (ABEV3), Vale (VALE3). Robo Markets revealed that the conditions for trading CFDs on Brazilian stocks include commission from 0.1% (but not less than 10 BRL); Spreads from 0 pips and trading time from 4:10 to 10:55…

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Robinhood
July 02, 2021 BY Steffy Bogdanova

Trading app Robinhood files to go public

The company has stated that it manages over $80 billion for around 18 million users on its platform, of which more than half have made accounts for a first time. The company also reported that its growing business managed to turn a profit last year. Its sales rose to $958.8 million last year, registering 245%…

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FXSpotStream
July 02, 2021 BY Steffy Bogdanova

FXSpotStream hits $1 trillion in trading volumes in June 2021

The report showed a 3.7% MoM increase in average daily volumes, compared to May. FXSpotStream’s ADV hit $49.09 billion in June, while May it was $47 billion. June became the 3rd highest ADV in FXSpotStream's history. The ADV for June stood at a 13.4% increase year-over-year. The company’s ADV year-to-date, from January to June 2021,…

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Nasdaq launches new ESG Data Hub alongside industry leaders
June 29, 2021 BY Steffy Bogdanova

Nasdaq launches new ESG Data Hub alongside industry leaders

The following partners are set to provide data through the all new ESG Data Hub: Ecogain will cover biodiversity, Equileap will provide data on gender equality, RepRisk for reputational risk, Inrate for carbon emissions, Munich Re will analyse climate risk, and Upright Project for net impact, while Clean Tech will provide data on renewable technology.…

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Robinhood
June 25, 2021 BY Steffy Bogdanova

SEC review slows down Robinhood IPO plans

The trading app launched crypto trading in 2018 and now cryptocurrencies such as Bitcoin and Ethereum are available for trading. About a half of the users on the app are first-time investors. This year has been particularly volatile for crypto trading. SEC Chairman Gary Gensler is expected to make a number of new policies and…

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FXSpotStream adds FX Algos and Allocations over its API
June 23, 2021 BY Steffy Bogdanova

FXSpotStream adds FX Algos and Allocations over its API

Alan F. Schwarz, FXSpotStream Co-founder and CEO commented: We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic. Alan F. Schwarz, continued: Clients currently do not pay a fee…

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VT Markets on rebranding and MT5 transition
June 23, 2021 BY Steffy Bogdanova

VT Markets on rebranding and MT5 transition

With so many brokers making the transition to the MT5 platform, why did VT Markets decide to make the change? Chris: In response to growing user demand, VT Markets has taken the decision to add support for MT5. The MT5 platform was designed from the ground up to trade a variety of markets, which includes…

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