Hesham Hasanin, CEO of Equiti Global Markets in Cyprus, said: We are very excited to be in Limassol and have access to its large pool of talented people to expand our business in Europe. The welcoming hospitability and support of the local community and our partners in Limassol has been remarkable. We look forward to…
Read more
Keller went on to say that the broker’s office in Dublin currently employs 110 staff, which is higher than the firm originally anticipated. Mary Buckley, Interim CEO, IDA Ireland, added: Ireland, given its vibrant international financial services environment, has proven to be an excellent location for Interactive Brokers and this move to new offices signals…
Read more
Compared to October 2021, ADV decreased 9.5%. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds. Last month, Judy Goh joined the firm as Managing Director and Head of Sales for Asia Pacific. Integral also expanded its sales team with…
Read more
David Zruia, Chief Executive Officer, commented: We are very excited about the launch of '+Insights', which is the latest realisation of our strategy for Plus500 to further develop our position as a global multi-asset fintech group, offering our international customer base a diverse range of products and ensuring we continue to provide them with a…
Read more
According to the official announcement, VT Markets’ clients will be able to trade new bond CFDs at competitive rates on the VT Markets mobile app and its trading platforms. John Georgiou, Director of Business at VT Markets, commented: Bond CFDs are the perfect addition to any trader's portfolio, as they can speculate the price movements…
Read more
Options trading brought in $124 million revenue, gaining 10% to previous quarter. Cryptocurrency trading decreased 12% QoQ to $51 million and equities trading increased 7% QoQ to $31 million. Vlad Tenev, CEO and Co-Founder of Robinhood Markets, said: In the third quarter we achieved our goal of reaching adjusted EBITDA profitability, a quarter earlier than…
Read more
The average daily volume (ADV) in forex instruments stood at $6.1 billion. The figure was 9% lower on monthly basis but 19.6% up compared to October last year. The brokerage firm reported that demand in Equities picked up during last. The volume in October was $ 256.5 billion, gaining 3.5% compared to September. On yearly basis,…
Read more
On yearly basis, however, ADV was 37% higher compared to October 2021. In October, FXSpotStream’s overall volume stood at $1.45 trillion. The numbers were 10% down from the $1.61 trillion, recorded in September 2022. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year. The October…
Read more
The Group’s performance was significantly influenced by the strengthening of the USD as the 60% of the Group's revenues are denominated in the US currency. TP ICAP stated: Global Broking revenue was up 12% (+20%). All asset classes generated high single digit to double digit growth, reflecting the continued strong performance. E&C revenue declined by…
Read more
Plus500 stated: The purpose of the Share Buyback Programme is to highlight further the Board's continued confidence in the future prospects of Plus500 and reflects its strong financial position. This confidence is supported by the significant operational and financial momentum achieved by Plus500 over recent years, as the Group continues to make further progress on…
Read more