June Felix, Chief Executive Officer commented: I am delighted with the excellent results and progress we have made towards delivering on our strategic goals. The continued performance from the Significant Opportunities portfolio has been remarkable, and we anticipate substantially achieving the revenue target of £160 million one year ahead of plan. The Group is also…
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Liquidnet’s electronic network integrates extensive buyside trade workflow connectivity and includes advanced incorporations with all execution management and major order management systems. Alongside its hopes to achieve new growth opportunities, TP ICAP also expects to take advantage of analytics and data assets expertise from both organisations in order to push non-transaction-related revenues. The overall consideration…
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Sergei Bogatenkov commented: This does not capture the full scope of what we do anymore. We are more than a broker. We have been expanding our product offering and are adding new services. We are a global financial hub disrupting the FinTech world on a global scale. Our aim is to streamline personal finance for…
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Rahul Agarwal, Managing Director of ITI Capital, comments: We’re excited to announce this new service, giving clients the opportunity to expand and diversify their investment portfolio through ITI, participating in the latest IPOs and secondary placing deals. Right now, there are many innovative, fast-growing new companies in the financial services, tech and fintech space preparing…
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The February ADV also reached 26.3% YoY growth compared to the same period last year. The broker’s ADV represents volumes traded across the group’s entire liquidity network, including TrueFX and Integral OCX, in aggregate. Integral’s global trading network provides services for FX market participants, including banks, brokers, asset managers, and hedge funds.
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More than 74% of the total monthly traded volume was recorded in Prime XM Data Center in London LD4 – $680 billion in notional value. The Data Center in TY3 and NY4 registered a monthly trading volume $121.58 billion and $108.30 billion, respectively. XAUUSD remained the most popular instrument of traders for the past few…
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Moreover, on 26 February, the company supported $83.862 billion, the 3rd highest daily volume in FXSpotStream’s history February's overall volume reached $991.915 billion while for January it was $980.7 billion. February and January bod had 20 trading days. February’s ADV of $49.5 billion is the company’s second-highest ADV on record, behind March 2020’s ADV of…
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Kim Fournais, CEO and Founder of Saxo Bank, commented: As we look back on 2020, we are both humbled and proud that we were able to reach new heights for Saxo Bank, welcoming a record number of more than 238,000 new trading clients. We now see the results of our strategic decisions to further broaden…
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Service disruptions during a short period of frantic trading have been attributed to Reddit users, particularly its WallStreetBets group, who are said to have inflated the price of GameStop stocks in order to punish the hedge fund’s betting against it. This phenomenon saw IG Group and other brokers having to suspend new client registrations, while…
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Nauman Anees, CEO of ThinkMarkets, said: Tokyo is one of the world’s largest foreign exchange trading hubs, so the expansion of our brokerage services offering with the addition of FX in Japan is an exciting milestone for us as we continue our global expansion. Since acquiring mobile app provider Trade Interceptor back in 2017, ThinkMarkets…
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