NVIDIA Corporation (NASDAQ: NVDA) has reported record revenue for the second quarter ended July 30, 2017, of $2.23 billion, up 56% from $1.43 billion a year earlier, and up 15% from $1.94 billion in the previous quarter. Record revenue of $2.23 billion, up 56 percent from a year ago GAAP EPS of $0.92, up 124…
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Another independent Retail FX and CFD broker seems to have made a dent in the UK online trading market. FCA regulated Fortrade Limited has reported that its Revenues in 2016 nearly tripled to £15.9 million (USD $20.6 million), up from just £5.5 million the previous year. Fortrade reported a profit of £954,000 for the year, versus a loss…
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Property investment platform LendInvest has launched first retail bond on the Order Book for Retail Bonds. LendInvest is also the first UK company on ELITE, LSEG’s business support and capital raising programme, to access the debt capital markets to support its growth. ELITE offers the UK’s most exciting and ambitious private companies a full programme…
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Continuing a year-long climb, shares of CFD broker Plus500 Ltd (LON:PLUS) set an all-time high in Thursday trading on the London Stock Exchange. Plus500 closed up 4.3% to £8.68 per share, its highest ever closing price after setting a mid-day high of £8.80 soon before closing. At its current share price, Plus500 has a market value…
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CLS Group, the market infrastructure provider of risk mitigation services to the global FX market today published its operating metrics for the month of July 2017. The average daily traded volume submitted to CLS was USD1.60 trillion down 2% from USD1.64 trillion in June 2017. July 2016 June 2017 July 2017 Average daily traded…
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LeapRate Exclusive... After we exclusively reported back in February that leading Australia based retail forex and CFDs broker Pepperstone suspended all activity in its FCA-regulated UK subsidiary Pepperstone Limited, LeapRate has learned that the company has finalized its management and operational changes and is now once again open for business. We expect the company to…
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The World Federation of Exchanges (WFE), which represents more than 200 market infrastructure providers including exchanges and CCPs, today published its H1 2017 Market Highlights report. Market performance in the first half of 2017 was mixed. Overall, domestic market capitalisation reached record levels. Listings were also up on the same period. Secondary market activity was…
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The Bank of England has announced that after careful and serious consideration and extensive public consultation there will be no change to the composition of polymer used for future banknotes. The new polymer £20 note and future print runs of £5 and £10 notes will continue to be made from polymer manufactured using trace amounts…
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Leading non-bank forex liquidity provider XTX Markets announced today it is now operating a ‘zero hold time’ (ZHT) model in its application of last look to its FX counterparty businesses. This is in response to market structure changes and is in accordance with the principles of the recently published Global FX Code. Until the new…
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NEX Regulatory Reporting, a NEX Group (LON:NXG) business which provides regulatory reporting services across global regulatory regimes, announced that it has launched a new solution to support the EMIR Regulatory Technical Standards (RTS) Rewrite. Due to come into effect on 28 October 2017, ESMA’s EMIR RTS Rewrite aims to improve the transparency of the over-the-counter…
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