Category: Brokers

FXSpotStream
February 02, 2021 BY Steffy Bogdanova

FXSpotStream posts its second highest ADV ever of $49.036 billion

Moreover, the company’s January 2021 ADV is 14.98% compared to the ADV for all of 2020 of &42.648billion. January overall volume reached $980.7 billion while for December it was $941.3 billion. December had 22 trading days, while January had 20. January’s ADV of $49.036billion is the company’s second highest ADV on record, behind March 2020’s…

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CFH goes under the Finalto banner
February 01, 2021 BY Steffy Bogdanova

Prime brokerage CFH rebrands to Finalto

For example, the group offers, liquidity and STP processing from Tier 1 banks, ECNs and non-bank liquidity pools to give brokers the flexibility they need for their trading customers. It also has 360 tech trading solution for brokers that to help them manage every aspect of a trading platform and customer relationships. Finalto’s multi-asset trading…

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January 29, 2021 BY Steffy Bogdanova

Robinhood poised to restart trading after GameStop backlash

Robinhood stated on Thrusday: We made a tough decision today to temporarily limit buying for certain securities. As a brokerage firm, we have many financial requirements, including SEC net capital obligations and clearing house deposits. Some of these requirements fluctuate based on volatility in the markets and can be substantial in the current environment. Robinhood…

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FP Markets launches Forex and CFD mobile trading app
January 27, 2021 BY Steffy Bogdanova

FP Markets launches Forex and CFD mobile trading app

Managing Director Matt Murphie said: Launching the FP Markets Mobile Trading App was a key company deliverable given modern traders need to be able to trade on-the-go. Murphie added: I cannot understate the benefit of having 15+ years experience in the industry. We have traders that have been with us since day one, and we…

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Capital.com reports strong performance for 2020
January 27, 2021 BY Steffy Bogdanova

Capital.com reports strong performance for 2020

Jonathan Squires, Capital.com’s CEO, commented: I am proud of the strong results and momentum we have achieved, which will carry us into 2021 and beyond. We remain focused on delivering on our mission to provide a client-focused, secure trading solution and offering the best trading experience on the market. Our record results for 2020 are…

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Playtech
January 26, 2021 BY Steffy Bogdanova

Management Consortium to buy Finalto from Playtech for $200 million

The Israel-based gaming company’s filling with the London Stock Exchange stated that the consortium is making an offer of $200 million. Of that amount, $170 million will be payable on completion and around $110 million of the capital required to run the division will be transferred with the unit upon any sale. Playtech’s financial division…

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