Category: Brokers

August 10, 2022 BY Steffy Bogdanova

Swissquote sees a 23% dip in H1 operating revenue

In the official press release Swissquote stated: Despite an environment that was more challenging than initially expected, Swissquote continued to grow its overall customer base in the first half of 2022. The opening of around 34,200 new client accounts (of which some 8,000 non-organic) stands out as a positive development. The new ac-counts resulted in…

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August 10, 2022 BY Steffy Bogdanova

Integral sees $48.8 billion ADV in July

However, this was a 10.9% rise compared to the same period the previous year. 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.

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StoneX
August 04, 2022 BY Steffy Bogdanova

StoneX net income jumps 44% to $49 million in Q3 FY22

Sean M. O’Connor, StoneX Group’s CEO, said: We continued to see strong performance across all products and segments, resulting in net income for the quarter of $49.1 million, up 44% compared to the prior year, and diluted EPS of $2.37. Standout performance was achieved by our retail business, with segment income up 338%, and our…

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VT Markets relounches their mobile app
August 03, 2022 BY Steffy Bogdanova

VT Markets relaunches trading app

New features The official press release shared with LeapRate, highlighted a new feature called “Big Movers”. The new addition alerts clients on major market shifts, economic news highlights and trading opportunities in the previous 24 hours. VT Markets also noted the new “Learn” feature which provides educational content to continuously expand their trading knowledge and…

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Dukascopy bank
August 02, 2022 BY Steffy Bogdanova

Dukascopy adds 405 new stock CFDs

The latest addition brings the total number of stocks and ETFs to 1046. Additionally, Dukascopy said that it is regularly expanding its list of trading instruments as per customer's requests. The announcement follows, Dukascopoy’s report of its 195% YoY increase in its net profit for the first half of 2022.

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FXSpotStream
August 01, 2022 BY Steffy Bogdanova

FXSpotStream posts $64 billion ADV in July

Additionally, the ADV was 33.7% higher compared to the same period during the previous year. In July, FXSpotStream’s overall volume stood at $1.35 trillion. The numbers were 27.6% up from the $1.29 trillion, recorded in June 2022. The firm highlighted that this is the seventh month in a row to bring overall trading volume surpassing…

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Dukascopy bank
July 29, 2022 BY Steffy Bogdanova

Dukascopy sees profit surge of 195% in H1 2022

According to the official announcement, net profit stood at CHF 3.77 million between January and June, jumping 195% compared to CHF 1.28 million H1 2021. Dukascopoy reported strong H1 2022 results after its H1 2021 profit declined to CHF 1.3 million. Earlier in May, the firm was granted authorization from Swiss regulator FINMA to offer…

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XTB
July 27, 2022 BY Steffy Bogdanova

XTB sees a surge of net profit of 638%

According to the financial results, the numbers of active clients on the platform surged 42.7%YoY to 149,824 in H1 2022. However, new clients dropped to 101,030, a decline of 6.3% YoY. XTB Management commented: The ambition of the Management Board in 2022 is to acquire, on average, at least 40 thousand new clients quarterly. As…

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July 26, 2022 BY Steffy Bogdanova

Hirose UK reports 50% decline in revenues in FY22

The filing stated: The Company operates in a very competitive market, and also regulatory environments including the new  leverage  and  negative balance  regulations which suggest that the management will need to make every effort to comply with higher standards of regulatory requirements as well as continue to seek more efficient and effective marketing campaigns in…

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IG Group launches a Share Buyback programme
July 21, 2022 BY Steffy Bogdanova

IG Group announces a £150 million share buyback programme

The electronic trading platform currently plans to launch another trench of up to £75 million during the financial year 2023. IG noted that it expects to complete the share buyback programme during the FY23. The company explained that its goal is to reduce share capital. June Felix, Chief Executive Officer, commented: Our new Capital Allocation…

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