Christian Dove commented: Synergy has earnt such a great reputation and loyal customer base throughout the past decade because of our commitment in 3 areas. True and actual straight-through processing, absolute transparency and excellent customer service. And now, with the Fintech power of ACY Securities behind us, we are well placed to offer an even…
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The average daily volume OTC trading made almost 80% MoM increase with $17.7 billion and 121% YoY. The number of futures contracts reached 701,820 for March, up by 1.3% MoM and 12.7% YoY. The MoM growth had been steady with marking 23% monthly rise in January and February this year.
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The IPO is slightly up YoY with about 100 companies having filed plans with the SEC to go public. Investors are also looking forward to future filings from “Unicorns” such as Waymo, which had been valued at $30 billion before the coronavirus pandemic hit; Palantir, analytics/Big Data company, which had been valued at $11 billion;…
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Alpesh Patel, the CEO of VPFX, commented: We support the current industry-wide shifting to MetaTrader 5. The updated platform offers advanced functionality for experienced users. Furthermore, its cutting-edge analytical tools will definitely enhance our clients' financial trading experience. VPFX is a trading name of Ventura Prime FX Limited, registered in Labuan F.T., Malaysia. The company…
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AUAC2 dropped by 48% compared to the same period last year as a result of continued efficiency of Plus500's marketing algorithms and improved conversion ratio. Cash balance at the end of the period, 31 March 2020, reached c.$515.6m Operational leverage brought strong Q1 Group EBITDA3 margin and cash conversion with revenue and profitability for the…
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Nihad Silawi, ICM.com’s Operations Manager, has been appointed to head the new ICM.com office. Silawi is an expert in areas such as trading, investments, financial analysis, business development and strategic planning. As we keep adding to our growing list of regulated entities around the world, we’re incredibly proud of the new office that has opened…
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FXSpotStream also announced a rise of 65.22% in ADV YoY (Mar ’20 vs Mar ’19). The company’s Overall Volume in March reached USD1.372 trillion, crossing the USD1 trillion mark for the first time in any given month since the business was started in 2011. March’s ADV of USD62.378 billion was 12.60% greater than CBOE HotSpot’s…
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Kim Fournais, CEO and Founder, Saxo Bank, commented on the results: The result for 2019 is affected by difficult market conditions during the year, with all-time low volatility across most financial markets and continued negative interest rates in many markets. At the same time, the result is negatively impacted by significant price reductions across asset…
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Featured Ideas can teach new traders about technical analysis, while empowering both novice and professional traders to make confident, timely trading decisions. All traders can now create watchlists to filter ideas to the instruments that they are interested in trading. Featured Ideas offers over 8,000 available instruments to trade, and countless trading opportunities every single…
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Chowdhury’s previous appointment was as UK CEO for London Capital Group (LCG) for more than 3 years, where he served as CFO and managed the UK operation. Before that, Chowdhury held a few senior financial positions as Group Financial Controller at City Index and as Finance Director for International Operations at Gain Capital. He has…
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