IG Group also saw new client retention rates staying at similar levels to past years. It does mean that the company lost a more significant number of legacy clients than in past years, but the higher number of new clients covered this shortfall. Profit before tax for the trading platform came in at £450.3 million.…
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Isabelle Girolami, CEO, LCH Ltd, said: I am delighted to welcome Rohit to LCH to lead our team in Asia. Rohit has extensive experience of the derivatives markets in Asia and across the world. Asia Pacific is a region of strategic growth and importance for LCH and I look forward to working with him and…
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GOLD Gold is edging lower during Thursday morning, following a rise in risk appetite in global markets. Investor sentiment rose due to the galvanising effect of strong earnings that boosted global stocks and outweighed lingering uncertainty caused by the advance of the Delta variant. Another factor that may end up weighing down on gold is…
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Tomáš Syrovátka, first vice-president of SK Slavia Prague, said: We are pleased to be joining forces with the world’s leading social investment network and we welcome eToro to the Slavia family as a new general partner of the club. We look forward to working with them and we hope that our partnership will bring us…
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Today, Macrobond delivers instant access to macroeconomic and top-down financial time-series data from over 2,000 sources, including over 36 million high-frequency data sets. Over 4,000 economists, analysts, portfolio managers, quants and strategists across 500 organisations around the globe are able to quickly find, analyse, and visualise relevant data through Macrobond’s analytical tools Over the last…
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Diluted earnings per share were $1.00 for the quarter ended 30 June 2021. During the second quarter of last year, they were $0.40. Earlier this week, Interactive Brokers revealed a new simple stock pricing for European investors. The company also saw customer accounts jump 61% from the same quarter last year to 1.41million. Customer equity…
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NAGA offers copy trading as its primary focus to customers. It saw this aspect of its business grow significantly when compared to 2020 figures. During the first half of 2020, NAGA saw 0.6 million copy trades carried out compared to the second half, which sat at 1.1 million. This gave a total of 1.7 million…
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Other issues surrounding Trade Wind included the failure to provide audited accounts for both 2019 and 2020. There was also a change in the key people within the AFSL for the company, and Trade Wind didn’t notify ASIC when doing so. This has led to trading licenses for both Bevan and Trade Wind Financial Services…
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The company’s sale value reached £3.9 billion, which is the largest listing of a UK private equity firm in decades. This development left questions about whether Bridgepoint might have priced its IPO too low at £2,881 million. However, pricing the deal higher may have caused to be accused of trying to get short term gains,…
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OIL Oil is trading flat this morning appearing to have found support as risk appetite increases once again. This support comes after the pronounced falls registered during the last few sessions, which were triggered by apprehension over the impact the Delta variant might have on the speed of the economic recovery, as well as the agreement…
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