Plus500 announces over 281% YoY increase in H1 revenue and new share buyback LeapRate

August 11, 2020 BY Steffy Bogdanova

Avelacom extends network presence with a low latency Brazil–USA route

Aleksey Larichev, CEO of Avelacom commented: With this new Brazil–USA route we are extending our network presence and have new opportunities to expand our business and offer services to the growing number of clients who are seeking trading opportunities in these markets. We have a 6-year experience in building shorter, new and unique paths using…

August 11, 2020 BY Steffy Bogdanova

Pelican and USG UK partner for white-label copy trading solution

This partnership will also bring USG UK’s global client the ability to use Pelican’s copy-trading technology and social interface features. USG UK clients will also get an opportunity to use a regulated by the FCA service. Pelican Trading Co-Founder and CEO, Mike Read said: Pelican continues to work with the best-known brokers in the FX…

August 11, 2020 BY Valentina Kirilova

Daily Market News: Markets bounce as oil makes gains on stimulus hopes

Cineworld leaps on US takeover speculation Both the FTSE 100 and FTSE 250 started the week on a positive note, adding 0.3% and 0.6% respectively. In corporate news, Unilever hit headlines, after setting the weekend of November 21 and 22 as the date for the unification of its structure under a single parent company, headquartered…

August 11, 2020 BY Steffy Bogdanova

Swissquote’s net profit for H1 2020 more than doubles to CHF 50.4 million

Swissquote reported operating revenues of CHF 162.7 million for the first half of the year, an almost 39% increase with the first half of the previous year when it was CHF 117.2 million. Net revenues reached CHF 160.7 million, 43.2% increased to CHF 112.2 million in the previous year. Net fee & commission income climbed…

August 11, 2020 BY Valentina Kirilova

FairXchange teams up with OANDA, provides access to its Horizon platform

OANDA’s Head of Trading, Mark Chesterman commented on the news: Over the course of our 24-year history, OANDA has worked hard to build a reputation for transparency and fairness, and we remain as committed to this ethos as ever. As such, we’ve partnered with FairXchange in order to facilitate open conversations with our liquidity partners using…

August 11, 2020 BY Steffy Bogdanova

IG reports £649.2 million revenue for FY 2020, performance boosted by record-breaking Q4

Mike McTighe, IG Group Chairman, commented: When I look back at the repositioning of IG that has taken place over the last 12 months, it’s been an incredible period of both positive progress and continued strategic development. IG is now better placed than ever for the opportunities in front of us. We’ve learned some…

August 10, 2020 BY Steffy Bogdanova

Dukascopy Bank and UPS collaborate for 50% lower Visa/Mastercard fees on plastic card delivery

Dukascopy Bank Visa/MasterCard plastic cards can be used anywhere in the world and can be managed through the company’s mobile and web applications, they are also compatible with Apple Play and Samsung Pay. Dukascopy client current accounts and card accounts are separate. Clients can transfer funds from their current accounts to their card accounts without…

August 10, 2020 BY Steffy Bogdanova

Plus500 selected as primary sponsor of Polish football club Legia Warsaw

Legia Warsaw joins Plus500 sponsorship portfolio which already includes Atlético Madrid, BSC Young Boys Football Club and Plus500 Brumbies rugby club. David Zruia, Chief Executive Officer of Plus500, commented: We are delighted to be partnering with Legia Warsaw, a club with a great legacy and an excellent fan base, continuing our commitment to support professional…

August 10, 2020 BY Steffy Bogdanova

Tech giant Twitter becomes a contender for buying TikTok

The Trump Administration issued two executive orders last week giving US companies 45 days’ notice to stop dealing with TikTok and WeChat, a Chinese messaging platform owned by Tencent. Trump alleges that the Chinese government has access to user data collected through the TikTok app. Trump said: It can’t be controlled, for security reasons, by…

Category: Forex

Avelacom extends network presence with a low latency Brazil–USA route

Pelican and USG UK partner for white-label copy trading solution

Daily Market News: Markets bounce as oil makes gains on stimulus hopes

Swissquote’s net profit for H1 2020 more than doubles to CHF 50.4 million

FairXchange teams up with OANDA, provides access to its Horizon platform

IG reports £649.2 million revenue for FY 2020, performance boosted by record-breaking Q4

Dukascopy Bank and UPS collaborate for 50% lower Visa/Mastercard fees on plastic card delivery

Plus500 selected as primary sponsor of Polish football club Legia Warsaw

Tech giant Twitter becomes a contender for buying TikTok

Coinbase to Launch One Card on the American Express Network

ASIC Cancels Financial Services Group Australia’s AFS Licence

Coinbase Announces New Coinbase Business Platform

Plus500 Partners with Barchart.com to Streamline US Futures Trading Access

Fasanara Capital Partners with Clearstream to Boost Private Market Fund Distribution