Category: Brokers

Robinhood
June 28, 2022 BY Steffy Bogdanova

FTX exploring acquisition of Robinhood Markets

Bankman-Fried recently bought a 7.6% stake in Robinhood through his company Emergent Fidelity Technologies. Robinhood Markets is controlled by its co-founders, Chief Executive Officer Vlad Tenev and Chief Creative Officer Baiju Bhatt, who hold more than 50% of the voting power. Robinhood Markets’s commission-free model disrupted the retail stock trading industry. The brokerage gained a…

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RoboMarkets
June 21, 2022 BY Steffy Bogdanova

RoboMarkets expands R StocksTrader’s offering

Additionally, the instrument search screen has been enhanced and is now featuring two blocks: Most Popular and History. the trading session time has been increased for the Dow Jones (US30), S&P 500 (US500), Nasdaq (NAS100), and DAX (GER40). Kiryl Kirychenka, Product Manager at RoboMarkets, commented: Our approach to design implies constantly aiming at improving the…

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BUX
June 16, 2022 BY Steffy Bogdanova

BUX announces fractional investing in AEX-listed companies

Yorick Naeff, CEO of BUX, commented: Fractional investing is already a must in America and is now being introduced on a large scale in the Netherlands and Europe by BUX. This new way of investing has the great advantage that investors can invest in successful companies with expensive shares with the investment budget that suits…

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CAPEX.com
June 16, 2022 BY Steffy Bogdanova

CAPEX MENA trading volumes rise 58% YoY in May

CAPEX.com has made changes to their product categories' operating costs, reducing spreads by up to 90%, and switched from fixed to floating spreads. Madalina Rotaru added: We are excited to witness the next stage for the development of CAPEX MENA. The decision to reduce the trading costs for our clients helped increase the trading volumes…

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City Index announces rebrand
June 13, 2022 BY Steffy Bogdanova

City Index rebrands and announces new performance analytics feature

PlayMaker enables clients to minimise downside risks with good money management rules, setting reminders to protect themselves from emotional trades and track metrics on open trades in real-time in order to stay disciplined. Giles Watts, City Index Regional Business Director, UK commented: Today’s financial markets and global events bring both risk and opportunity for investors.…

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RoboMarkets
June 09, 2022 BY Steffy Bogdanova

RoboMarkets announces new German brand for professional investors

Under ESMA regulation, a trader qualifies as a professional if they have a portfolio that exceeds €500,000 in cash deposits and investment instruments. Professional traders must have carried out 10 transaction of significant size per quarter over the last year and should have been working in the financial sector for at least a year. Professional…

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CAPEX.com
June 07, 2022 BY Steffy Bogdanova

CAPEX.com trading volumes jump 143% YoY in May

In the official press release shared with LeapRate, Koullapi continued by saying that the decision to reduce the trading costs has contributed to the rise of CAPEX.com’s trading volumes. Koullapi further explained that the move has allowed the company focus on product development. She concluded: The 143% increase in trading volume we registered for May…

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