Category: Brokers

November 29, 2022 BY Steffy Bogdanova

Quantfury launches fractional trading mode for stocks, ETFs and commodities

Daniel Muvdi, Quantfury’s Head of Markets, said: Quantfury is advancing its unmatched trading and investing conditions further by making it even more affordable to Quantfurians out there. Fractional trading mode opens up more trading opportunities to the Quantfury global audience of more than 400,000 Quantfurians. Quantfury highlighted that its fractional trading mode is available on…

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Eurotrader
November 25, 2022 BY Steffy Bogdanova

Eurotrader secures FCA license

The company has already taken steps in its expansion with the appointment of industry veterans to key executive positions. In the past 12 months, the broker doubled its staff. According to the official announcement, the new FCA license comes with the acquisition of regulated broker, previously named Petra Asset Management Ltd. Eurotrader’s CEO, Marcelo Spina…

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CFI Financial Group
November 24, 2022 BY Steffy Bogdanova

CFI Financial Group expands in Egypt

Hisham Mansour commented: CFI’s leading position in MENA is very strategic for us and the acquisition of El Mahrousa in Egypt comes about to solidify our position. The Egyptian market is a key market in the region and we saw we have to be there physically through a locally regulated company. Mansour further noted that…

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StoneX
November 22, 2022 BY Steffy Bogdanova

StoneX operating revenue rises 50% in Q4 to $52.3 million

Net income for the full fiscal year came in at $207.1 million, registering a 78% rise compared to FY21. The New York-headquartered Group' s basic earnings per share stood at $2.58, and the diluted ones was 2.49. They were 597% and 592% up, respectively. For the full year, basic earnings per share $10.27 and diluted…

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November 21, 2022 BY Steffy Bogdanova

eToro’s SPAC partner to return $250 million to investors

FinTech Acquisition Corp. V was set up by well-known financier Betsy Cohen. The SPAC company and eToro announced their proposed merger in March 2021. The estimated implied equity value of the merger was initially at $10.4 billion, but was later taken down to $8.8 billion. The merger was terminated as the Israeli retail broker and…

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November 16, 2022 BY Steffy Bogdanova

BUX UK sees a 49% drop in 2021 revenue to £9.1 million

According to its Companies House filing, BUX UK attributes the decline in revenue to the markets returning to normal levels from 2019 and becoming more stable. Furthermore, Brexit has also impacted the operations of the company since it stopped onboarding new clients in the EU in the first quarter of 2021. In addition, the company…

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November 15, 2022 BY Steffy Bogdanova

eToro teams up with Broadridge to enable proxy voting

The data further revealed that younger investors are significantly more likely to want to have a say than older investors. In particular, 80% of participants in the survey between the age of 18 and 34 said they wanted to vote at AGMs if given the chance and 50% of investors around the age of 55.…

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Equiti opens a Cyprus office
November 14, 2022 BY Steffy Bogdanova

Equiti opens a new office in Cyprus

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…

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