Anthony Brocco, Founder and CEO of the Advanced Markets group, commented: We’re proud to be making this announcement after seeing the Advanced Markets brand evolve for over a decade and become one of the world’s leading brokers with an unrivalled reputation. We want to continue to go above and beyond by providing our clients with…
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Vantage’s rebrand comes as the trading landscape is seeing a monumental shift worldwide. Thousands od new traders are entering the trading space following the pandemic. Since 2020, Vantage has witnessed a 68% increase in platform users. A large number of these new traders are from emerging markets. They not traditionally prioritised by the existing retail…
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CMC Markets has decided to split into a leveraged division which consists of the leveraged trading and spreading business part of the business and into a non-leveraged arm which includes technology and new investment products platforms. The news of the separation follows the news of CMC Markets lowering its expectations for operating income in the…
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Adam Reynolds, APAC CEO, Saxo, commented: Singapore will be the first in HSBC to adopt our trading platform, and we are excited to be combining natural synergies from both companies to deliver an enhanced trading and investment experience for HSBC customers. Saxo’s OpenAPI technology provides best-in-class efficiency and scalability investment and trading architecture, while allowing…
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Additionally, the company committed £300 million revolving credit facility (RCF) with an initial maturity of three years. IG has the ability to request a further increase in the RCF size to £400 million, as well as two maturity extensions of up to one year each. The refinancing also involved repayment and cancellation of the IG’s…
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This represents a 12.5% MoM rise compared to September 2021 The October ADV reached 15.3% growth compared to the same period in 2020. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. Earlier this week, FXCM Pro and Integral unveiled a centrally cleared platform for…
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According to the official statement, the attackers obtained a list of email addresses for five million people and a list of the full names of two million other people. Additional personal information, such as name, date of birth and zip code for 310 people also leaked, as well as a subset of 10 customers had…
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The new feature allows the company to reserve shares, at the IPO price, for a specific group of people. Robinhood helps allocate these shares to the chosen individuals through the program. The invited by the issuer individuals to take part in the DSP at the IPO price can then use the Robinhood app to request…
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Among the new additions are Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance. All of the new cryptocurrencies have been added against the US dollar. The total number of crypto instruments on the Swiss online trading platform is now 19. The announcement noted that the additional crypto instruments are…
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In October, the brokerage also recorded 1.58 million client accounts, 57% up compared to the previous year and 3% higher than prior month. Annualized average cleared DARTs per client account stood at 333. The company also noted that average commission per cleared Commissionable Order was $2.48 including exchange, clearing and regulatory fees In September, Interactive…
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