Despite the decline in some metrics, Hargreaves Lansdown's pre-tax profit rose 31% to £197.6 million from £151.2 million, while underlying pre-tax profit, which excludes the strategic investment costs for the period, increased 30% to £211.9 million from £163.5 million. As a result, earnings per share were 33.1p, 29% above the previous year's period of 25.7p.…
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Final share buyback program The London-listed broker also reported a $100 million distribution to investors of final and special share buybacks and dividends. Plus500 today announced a final share buyback program to purchase $42.4 million worth of company shares and a special buyback program of $27.6 million. The firm will also pay out final dividend…
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Cifuentes brings nearly two decades of experience in the financial markets. Throughout his career, he has held senior roles in liquidity management and prime brokerage at custody firms, exchanges, bulge-bracket banks. Andres Cifuentes, commented: I’m excited to be joining Edgewater during a time of tremendous global expansion. I have worked closely with the Edgewater team…
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XAU/USD (Gold) The yellow metal kicked off the week in negative territory, down 0.6% heading into the afternoon session in the US. For those who read Monday’s Weekly Market Insight, you may recall the following (italics): It is all about the H1 Quasimodo resistance-turned-support at $1,857 and the 50-day simple moving average on the daily…
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Moncla has served as an Affiliate Manager, Business Development Manager and Head of Sales for a range of finance companies. Additionally, he speaks French, English, Greek and Spanish. According to the official announcement, he is adept at driving cross-selling initiatives while recruiting affiliates with ease. Ludovic Moncla commented: I am thrilled to join VT Markets,…
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Throughout her career, Besnard has held a number of senior roles in Tier 1 investment banks based in New York and San Francisco. She spent twelve years at Morgan Stanley and six years as Vice President at Goldman Sachs. While at Goldman Sachs, Besnard was responsible for complex global quant all-synthetic fund launches . Additionally,…
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Octavian Patrascu, CEO and founder of CAPEX.com, said: It's a real pleasure to announce our collaboration with Zach King. He is a source of inspiration for people worldwide, similar to what we represent for our traders. We truly feel that his creativity, out-of-the-box thinking, and unique style perfectly match our offering here at CAPEX.com. Together,…
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The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. The brokerage firm reported that demand in Equities also fell. The volume in January was $219.7 billion, falling 14% compared to December. On yearly basis, the asset class dropped…
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F1Markets states the following on its website: We regret to inform you that our Company has decided to renounce its authorization and therefore please be aware that as of 20th of June 2022, F1Markets Ltd, operating under the domains www.investous.com/eu and www.f1markets.com will no longer be able to offer its investments and ancillary services to…
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Richmond Bassey, CEO and Co-founder of Bamboo, said: We are thrilled to reach this important milestone and are fully committed to our obligations as a registered digital broker. We are grateful for our collaboration with the SEC, which has shown its dedication to protect investors while allowing for innovation to flourish. Bamboo’s license ensures oversight…
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