John Hegeman Appointed to Robinhood Board LeapRate

March 26, 2025 BY Sam Boughedda

John Hegeman Appointed to Robinhood Board

The brokerage highlighted Hegeman’s extensive expertise in digital advertising, product development, and business strategy. Hegeman currently serves as Chief Revenue Officer at Meta, where he leads the company’s global monetisation strategy. Since joining Meta in 2007, he has reportedly played a key role in shaping its advertising business, overseeing teams across ads, Feed, Stories, notifications,…

March 25, 2025 BY Sam Boughedda

eToro Files for IPO in the US

The move marks a significant step towards its long-anticipated public listing. The social trading platform plans to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR”. However, the company has yet to disclose key details such as the number of shares to be offered and the expected…

March 24, 2025 BY Sam Boughedda

Plus500 Agrees Deal to Acquire Mehta Equities Limited

The move marks the company's expansion into India's futures trading market. Mehta Equities, founded in 1995 by Rakesh Mehta, provides broking services, portfolio management, investment banking, and custodian services. It is regulated by the Securities and Exchange Board of India (SEBI) and holds memberships with key Indian exchanges, including the National Stock Exchange (NSE) and…

March 21, 2025 BY Sam Boughedda

Compagnie Financière Tradition Revenue Jumps 11% in 2024

The Swiss-based interdealer broker revealed an operating profit rise of 23.2% at constant exchange rates to CHF 152.4 million, while net profit attributable to the group surged 27% to CHF 115.6 million. Basic earnings per share climbed 23.2% to CHF 15.09. CFT’s interdealer broking business, which accounts for the majority of its operations, generated CHF…

March 18, 2025 BY Sam Boughedda

Robinhood Announces Prediction Markets Hub for Event-Based Trading

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,”…

March 13, 2025 BY Sam Boughedda

IG Group's Q3 Revenue Rises 12% Following Increase in Active Clients

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…

March 11, 2025 BY Sam Boughedda

TradeStation Securities Expands Futures Offering with Micro Grains and Oilseed Contracts

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…

March 10, 2025 BY Sam Boughedda

Safra Sarasin Group to Acquire a Majority Stake in Saxo Bank

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…

March 04, 2025 BY Sam Boughedda

M4Markets and Brokeree Solutions Launch Copy Trading App

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,…

DGCX and DIEDC team up to strengthen Dubai’s Islamic finance economy

March 03, 2025 BY Sam Boughedda

Exclusive Markets Opens Dubai Representative Office

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…

Category: Brokers