Category: Brokers

fxcm launches stock baskets
January 21, 2020 BY Valentina Kirilova

FXCM releases steady execution data report in December

Retail forex broker FXCM (NYSE:FXCM) released execution data for December 2019. All Instruments Highlights include: 72.9% of orders executed at price, a drop of 2.14% MoM 20.8% of orders executed with positive slippage, up 9.5% MoM 6.3% of orders executed with negative slippage, down 3% MoM Average execution speed 17 milliseconds Highlighted Instruments December 2019: The company…

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IG Group office
January 21, 2020 BY Valentina Kirilova

IG Group announces H1 FY20 results, expects to return to revenue growth in FY20

UK online trading leader IG Group Holdings plc (LON:IGG) announced its results for the six months ended 30 November 2019 (H1 FY20). Back in December, the broker noted that the net trading revenue in H1 FY20 was expected to be around £250 million, as the prior year period benefited from two months of trading prior to the ESMA product intervention measures coming…

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Fullerton Markets updates website, relaunches marketing tool PipBox
January 20, 2020 BY Valentina Kirilova

Fullerton Markets updates website, relaunches marketing tool PipBox

St. Vincent based brokerage firm Fullerton Markets has just announced that it has updated its homepage. The new site now includes a contemporary design and easy one-click features that allow for easier navigation. Said CEO of Fullerton Markets, Mario Singh, commented: We’re excited about the new look! After collecting feedback from our users, we realised…

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IS Prime gets Hong Kong SFC licence
January 16, 2020 BY Valentina Kirilova

IS Prime gets Hong Kong SFC licence

IS Prime Hong Kong, part of ISAM Capital Markets, has just announced that it has been granted a Type 3 Leveraged Foreign Exchange Trading licence by the Hong Kong Securities and Futures Commission (SFC). The licence enables IS Prime Hong Kong to offer Leveraged FX Trading services to institutional professional investors. The Responsible Officers for…

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Swissquote
January 15, 2020 BY Valentina Kirilova

Swissquote reports record net revenues in 2019

Leading Swiss online banking and brokerage firm Swissquote Group Holding SA (SWX:SQN) has just announced an expected growth in net revenues of 5 to 10% for 2019. The initial pre-tax profit forecast for 2019 of CHF 44 million was revised to CHF 48 million in July 2019. The forecast has now been achieved with total net revenues…

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CMC Markets launches new podcast content globally
January 06, 2020 BY Valentina Kirilova

CMC Markets launches new podcast content globally

Spread betting and CFD provider, CMC Markets, has today launched a third series of its The Artful Trader podcast. The podcast was initially developed for the Australian market, but as a result of this positive reception, the content will now be promoted globally. Each episode focuses on a high-profile guest, where they provide a unique…

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FXSpotStream forex volumes
January 03, 2020 BY Valentina Kirilova

FXSpotStream’s 2019 volume up 21% YoY

Multibank FX aggregation service FXSpotStream has released its volumes report for the last month of 2019 and for the whole last year. ADV in December MoM (Dec vs Nov ’19) based on 22 days increased 0.43%. FXSpotStream’s ADV based on 21 days to compare the same trading time period to other FX venues would be…

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Five steps to become Forex broker
December 25, 2019 BY Mariela Naydenova

Belarus has its first approved FX prime broker - B2Prime

Belarus has its first FX prime broker in the face of B2Prime, which is part of B2Broker - a broker technology provider. The news comes from Forex Magnates Russia. B2Prime stands for Prime Brokerage Services Limited. The broker offers a wide range of prime brokerage services for its clients with more than 800 trading instruments…

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acquisition
December 24, 2019 BY Valentina Kirilova

Marex Spectron acquires Marquee Oil Broking Limited

Global commodities broker Marex Spectron has just announced that it has acquired the company Marquee Oil Broking Limited, a specialist provider of physical fuel oil broking services. The acquisition includes the founder Adam Trehane, who set up the business in 2014, one director and two senior brokers. Marex Spectron energy has a share across multiple…

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Invast Global launches new Cash Oil and Index CFDs
December 13, 2019 BY Valentina Kirilova

Invast Global launches new Cash Oil and Index CFDs

Multi-asset prime broker Invast Global has just announced that it has expanded its suite of Index & Commodity CFDs by releasing two new Cash Oil CFDs: Brent Crude Oil (Cash) and WTI Crude Oil (Cash), as well as 6 new Equity Index CFDs: Japan 225 (USD settled), US 2000, Netherlands 25, Swiss 20, India 50…

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