At launch, the online brokerage said that traders would be able to speculate on the Federal Reserve’s interest rate decision for May and the men’s and women’s College Basketball Tournaments. “We believe in the power of prediction markets and think they play an important role at the intersection of news, economics, politics, sports, and culture,”…
Read more
The online trading provider said total revenue for the three months to 28 February 2025 rose to £268 million, with trading revenue up 15% year-on-year to £235.3 million. Growth was said to have been supported by a 2% increase in active clients and higher revenue per client, the company said. "Q3 revenue growth reflected stronger…
Read more
Precious metals trading grew 32.73% compared to Q4 2023, driven by increased demand for safe-haven assets. Indices saw a 62.09% rise, reflecting heightened market volatility. Stocks surged 27.08% from Q4 2023, with an exceptional 382.24% increase from Q3 2024, highlighting strong investor interest. Meanwhile, cryptocurrency trading expanded 8.47% compared to Q4 2023, maintaining steady momentum…
Read more
The company said the expansion allows traders to access Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat futures, offering greater flexibility in agricultural markets. John Bartleman, President and CEO of TradeStation Group, Inc., highlighted the advantages of these new contracts: “We are excited to expand our futures offerings with CME’s…
Read more
The majority stake was previously held by Geely Financials Denmark and Mandatum Group. Saxo Bank will continue to operate as a standalone entity, with founder and CEO, Kim Fournais, retaining approximately 28% ownership. Fournais will also continue as CEO. The acquisition is aimed at strengthening both companies, combining J. Safra Sarasin’s wealth management expertise with…
Read more
The companies said in a press release that the app is aimed at making copy trading more accessible for traders of all levels. The app allows users to follow and replicate the strategies of top traders in real time, directly from their mobile devices. They explain that the platform integrates Brokeree’s desktop Social Trading solution,…
Read more
As Global Head of Trading & Risk Management, Paresh will oversee ATFX’s trading operations, liquidity strategies, and risk controls. His focus will be on strengthening risk management systems, expanding product offerings, and securing top-tier liquidity to enhance ATFX’s trading environment. By optimizing trade execution, refining risk frameworks, and broadening market access, he aims to further…
Read more
Exclusive Markets said Monday that it has officially expanded its presence in the Middle East and North Africa (MENA) region with the opening of a new representative office in Dubai. The company said it is also launching a special offer for Ramadan, offering traders the chance to win a VIP trip to Dubai and other…
Read more
The partnership is said to aim to provide brokers with enhanced hosting infrastructure and access to Brokeree’s flagship investment systems, including Social Trading, PAMM, and Prop Pulse. “This partnership provides premium hosting infrastructure, guaranteeing 99.99% uptime and around-the-clock expert support to ensure a seamless trading experience for brokers and their traders,” said Brokeree. The firm…
Read more
The Copenhagen-based investment bank also saw client numbers grow to nearly 1.3 million (from 1.12 million), while client assets hit an all-time high of EUR 114 billion, up from EUR 100 billion in 2023. CEO Kim Fournais credited the strong performance to Saxo Bank’s commitment to delivering value, citing the bank’s new global pricing strategy…
Read more