The company also witnessed a record number of active traders during March 2021 – 187,609 – which substantially topped last month’s record of 178,175 for Exness. To once again demonstrate the company’s rapid growth, it is worth noting that the number of active clients using the Exness platform was 103,373 in March 2020. Overall, Exness…
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Ian Lowitt, CEO of Marex, commented: I am delighted to report another outstanding set of results. With Covid and working from home, 2020 was an extraordinary year and I am truly proud of how our employees stepped up to the challenge. Notwithstanding the market conditions, we continued to perform at a very high level, achieving…
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More than 77% of the total monthly traded volume was recorded in Prime XM Data Centre in London LD4 – $811.40 billion in notional value. The Data Centre NY4 has taken second place from TY3 with $124.55 billion in monthly trading volume. XAUUSD still remains the most popular instrument of PrimeXM's traders for the past…
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This month’s ADV marks a 12.35% YoY decrease compared to March 2020 when the company reported $62.4 billion. Highlights of March 2021 trading volumes report can be seen below: FXSpotStream’s Overall Volume MoM (Mar ‘21 vs Feb ‘21) increased 26.78% to USD1.258trillion FXSpotStream’s ADV (Q1 ‘21 vs Q1 ‘20) increased 4.38% to USD51.272billion FXSpotStream’s Overall…
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Last month was also the second-highest monthly volumes on record for the company with the highest ever being March 2020 during the height of the pandemic-induced volatility. The volumes increase in March follows a recent upward trend at Integral seen in the last few months. The rise is attributed to the increasing activity on TrueFX…
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This is the second time the brokerage is updating its income expectations for the financial year 2021. In January the company expected the net operating income to be £376.6 million, ranging from £370.2 million to £387.5 million. CMC Markets reported a 135% jump in revenue in the first half of the financial year with around…
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The trading app increased its popularity among young people during the lockdowns in the coronavirus pandemic with its zero-commission business model playing a significant role. The gained popularity of the venue also brought regulatory scrutiny and public-relations problems at the beginning of the year. Robinhood found itself in the eye of the storm during the…
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In 2020, the UK-registered BidFX saw the Singapore Exchange take the full acquisition of the company. SGX had previously only obtained 20% of the company. The new acquisition comes hand-in-hand with significant expansions, including expanding into OTC markets with FX futures. BidFX is now developing its range of products on offer to its international FX…
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BDSwiss highlighted in its announcement that it is one of the first retail trading companies as regulated by the Cyprus Securities and Exchange Commission (CySEC) to receive the complimentary certifications from the ISO. Christos Alatzidis, Chief Information & Technology Officer of BDSwiss commented: The combined acquisition of these particular ISO classifications is not a very…
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The announcement also noted the company’s expansion in the European region. In 2019, Swissquote acquired Internaxx Bank S.A., which was then rebranded Swissquote Bank Europe SA and opened doors for Swissquote to further expand its product line in Europe. In December 2020, the company also launched an online leasing offering with Tesla, focusing on a…
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