During its stock debut, some IPO investors remained on the sidelines sharing concerns over the risk of a regulatory crack down on Robinhood and even anger still lingering after the broker restrict trading during the meme stock frenzy back in January. This angered users, as well as US regulators. The meme stock mania drove Robinhood’s…
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Andreas Wigstrom said: I am honoured to have been given the opportunity to take on this new role at such a pivotal moment in the LMAX Group growth story. I truly believe that we have a unique product and value proposition and have a clear sense of how we can build on our track record…
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Iskandar Najjar, Equiti Group CEO and Equiti Capital UK Director, said: We are very pleased to have Paul join the executive leadership team of Equiti Capital UK in the critical role of Chief Operating Officer as well as leading Equiti Group’s front office trading activities. Paul brings extensive industry experience and proven excellence in risk…
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Although CMC Markets has expressed positive comments around the trading update figures, it still shows negative growth compared to the 2021 figures. The operating income for the company was £409.8 million for the 2021 financial year. This was a 63% increase from the 2020 financial year, which had an operating income of £252 million. If…
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GOLD Gold is up during early Thursday trading, reflecting the losses of the US dollar due to the inverted correlation between the two assets. The greenback’s weakness resulted from dovish comments made by the Fed’s chairman, Jerome Powell, who pushed back on the timing of rate hikes and asset purchases tapering, highlighting concerns over the…
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As a public company Robinhood will now be required to release quarterly financial results. Those will include previously undisclosed information on the crypto and options trading contribution to the company’s revenue. The public listing will also require the company to announce any sort of information that may affect its stock price such as government probes,…
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During the suspension, Depaho is not allowed to conduct investment activities and provide investment services or advertise itself as a provider of such services. CySEC noted that the company is allowed to complete its own transactions and clients’ transaction which are before it, following client instructions and “return all funds and financial instruments which are…
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The cross-currency swaps service is an extension of CLS’s PvP settlement service. It also uses the MarkitSERV trade confirmation platform to enable members of CLSSettlement to send their cross-currency swaps for settlement. The cross-currency swap flows are multilaterally netted against all other FX transactions in CLSSettlement, which results in a meaningful reduction in daily funding…
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In line with the company’s global development, it has also added a few languages including: Korean, Armenian, Azerbaijani, Swedish and Traditional Chinese. X Open Hub noted that it aims to add several more languages in the near future. As a result of feedback from clients, the platform also introduced new deposit options in xManager's panel…
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Monex has passed this financial improvement onto shareholders. The basic earnings per share increased by more than 400% in the same period as the previous year. Shareholders have seen a rise from ¥5.57 per share in 2020 compared to ¥28.18 in 2021. Crypto has helped to drive this increase in revenue and profits. The figures…
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