IG Group appoints Rakesh Bhasin as non-executive director and ESG Committee member LeapRate

July 07, 2020 BY Steffy Bogdanova

IG Group appoints Rakesh Bhasin as non-executive director and ESG Committee member

Bhasin has held senior positions in AT&T such as head of its Asia Pacific’s managed network services business and President of AT&T Japan Ltd. He also served as senior managing director of Japan Telecom Company Limited. Company Chairman Mike McTighe said: Following an extensive, externally facilitated search I am delighted to welcome Rakesh to the…

July 07, 2020 BY Steffy Bogdanova

FXCM cuts minimum trade size on single stock CFDs

The new offering will allow customers to easily scale in or out of positions or access stocks that would have previously been too expensive. Apple (AAPL.us) Facebook (FB.us) Netflix (NFLX.us) Share Price* $366 $233 $471 FXCM Micronisation 1/10 1/10 1/10 Value of 1 FXCM Contract $36.6 $23.3 $47.1 Margin Requirement* $3.66 $2.33…

July 07, 2020 BY Steffy Bogdanova

Plus500 triples sales and makes interim CEO David Zruia permanent

The market volatility brought about in the beginning of the year, remained high in the second quarter and fueled a high level of trading activity. The second quarter revenue reached $247.6 million from $94.1 million for the same period the previous year. The company also added over 88,000 new customers and reached a record 115,225.…

July 03, 2020 BY Steffy Bogdanova

CMC Markets reports operating income with £102.3m in excess for Q1 2021

CMC Markets reported its operating income for Q1 2021 in excess of that reported for H1 2020 of £102.3 million. CMC Market said in a statement: The Board is confident that, even in the event that more normalised client trading activity returns, with the strong underlying performance of the business, 2021 net operating income will…

July 02, 2020 BY Valentina Kirilova

FXSpotStream reports 20% MoM ADV increase in June

FXSpotStream’s 2020 ADV (Jan-June) is USD 43.425 billion, up 18.66% when compared to the same period during 2019 of USD36.595 billion June’s ADV of USD43.287 billion was 22.25% greater than CBOE HotSpot’s ADV of USD34.621 billion – exceeding CBOE/HotSpot’s ADV every month since November 2018, with the exception of 1 month Note that the ADV figures for…

July 01, 2020 BY Steffy Bogdanova

BDSwiss secures FSA Seychelles license and expands its global presence

BDSwiss Group has been committed to its strategy for expansion and growth. Its decision to secure FSA license comes from a desire to ensure broader regulatory supervision in new markets. The company aims to provide transparent trading environment and security to clients across different markets including South-East Asia, South Africa, Middle East and Latin America.…

June 30, 2020 BY Valentina Kirilova

ActivTrades' number of new client accounts up 73% YoY in Q2 2020

ActivTrades has rolled out various new products in the last few weeks, most notably CFDs on more than 100 new shares around the world, including Zoom Video Communications, the popular video conferencing company, and Cash products on stock indices such as the Brazilian Mini Ibovespa index and MDAX® - the international midcap index of Deutsche Börse. The company also created two CFDs tied to the spot…

June 30, 2020 BY Valentina Kirilova

Forex broker ATFX launches Recur Live Chat solution

The Forex broker has just announced the launch of its optimal Recur Live Chat solution to facilitate customer-specific targets that can help them learn more about customer expectations. The live chat box will provide ATFX with another channel to reach out to their customers since the technology can be leveraged to increase customer engagement with…

June 25, 2020 BY Valentina Kirilova

Exclusive: ActivTrades expects record revenues in H1 2020: A talk with CEO Alex Pusco

LR: How did these new products perform given the plummet in oil prices seen earlier in the year, with WTI even seeing negative prices? These products were quickly developed in response to previously unforeseen prices on oil contracts nearing expiry. We wanted to offer our clients an alternative solution to traditional products that would enable them…

June 24, 2020 BY Steffy Bogdanova

Admiral Markets plans to issue bonds to raise €10 million additional capital

The Estonia-based brokerage group is also licensed in the United Kingdom, Cyprus and Australia. Admiral Markets added the Australian markets in October last year to its global equity offering in the MetaTrader platform with the addition of Australian Bluechips for trading as stocks and CFDs.

Category: Brokers

IG Group appoints Rakesh Bhasin as non-executive director and ESG Committee member

FXCM cuts minimum trade size on single stock CFDs

Plus500 triples sales and makes interim CEO David Zruia permanent

CMC Markets reports operating income with £102.3m in excess for Q1 2021

FXSpotStream reports 20% MoM ADV increase in June

BDSwiss secures FSA Seychelles license and expands its global presence

ActivTrades' number of new client accounts up 73% YoY in Q2 2020

Forex broker ATFX launches Recur Live Chat solution

Exclusive: ActivTrades expects record revenues in H1 2020: A talk with CEO Alex Pusco

Admiral Markets plans to issue bonds to raise €10 million additional capital

Plus500 Hires Nick Scarf as CEO of Australian Entity

eToro Partners with Generali to Launch a PER and Life Insurance Offer in France

Macquarie Securities Sued by ASIC for ‘Repeated and Systemic Misleading Conduct’

Euroclear Business Income Rises 10% in Q1

SIX Announces Executive Board Changes