Category: Brokers

Interactive Brokers
November 02, 2021 BY Steffy Bogdanova

Interactive Brokers reports a 31% YoY surge in DARTs in October

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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TP ICAP
November 02, 2021 BY Steffy Bogdanova

TP ICAP sees 15% rise in Q3 revenue

Agency Execution made the biggest splash with +353% surge in generated revenue. The company attributed this to the inclusion of Liquidnet, which brought £51 million in Q3. Excluding Liquidnet earnings, the division’s revenue grew 13% to £17 million. Liquidnet was acquired earlier this year. Parameta Solutions, Data & Analytics revenue rose by 9% to £37…

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PrimeXM volumes
November 02, 2021 BY Steffy Bogdanova

PrimeXM posts $1.10 trillion in total trading volumes in October

PrimeXM Data Centre in London LD4 registered $877.53 billion in notional value, almost 80% of the total monthly volume. The Data Centre NY4 remained in second place with $122.79 billion in monthly trading volume. TY3 reached $99.35 billion in October. The newly established SG1 data center, processed $359 million. XAUUSD remains consistent as the favouruite…

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FXSpotStream
November 02, 2021 BY Steffy Bogdanova

FXSpotStream sees $50.4 billion ADV in October

The overall volume registered a 23.86% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020 The October ADV numbers are based on 21 trading days. Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements”…

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Plus500 new share buyback program
October 29, 2021 BY Steffy Bogdanova

Plus500 expands share buyback program with another $12.6 million

The company noted that all shares repurchased through the programme will be classified as shares held in treasury and will be taken out from circulation. According to the official announcement, all share purchases will take place in the open market. Liberum Capital Limited was appointed to manage this new programme. The London-listed forex and CFDs…

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Robinhood
October 27, 2021 BY Steffy Bogdanova

Robinhood sees crypto activity decline in Q3 2021

The drop led to considerably fewer new funded accounts and lower revenue in the third quarter of 2021 compared with the second quarter of 2021, according to Robinhood. The California-based online brokerage remained at a loss with pre-tax loss of $1.37 billion. The net loss stood at $1.32 billion, or $2.06 per diluted share. The…

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XTB
October 26, 2021 BY Steffy Bogdanova

XTB revenue jumps 40.8% in the third quarter of 2021

The broker stated: The significant factor determining the level of revenues was a constantly growing client base combined with their high transaction activity noted in the number of concluded transactions in lots and in the nominal value of the realized turnover. As a consequence, the transaction volume in CFD instruments amounted to 1 044 thousand…

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Saxo Markets HK
October 25, 2021 BY Steffy Bogdanova

Saxo Markets obtains SFC Type 4 and Type 9 licenses in Hong Kong

Saxo Markets’ fintech background and understanding of the local market will allow the company to provide a more personalised asset management options to investors at a lower fee threshold. Head of Wealth Management and Responsible Officer of Saxo Markets, Lester Chan said: Investors in Hong Kong now are very much digital-savvy. They are looking for…

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Plus500
October 25, 2021 BY Steffy Bogdanova

Plus500 sees revenue drop of 2% in Q3 2021

The number of newly onboarded customers also registered a significant fall with 43% down in Q3. The new clients came at 26,169 during the quarter, compared to 46,238 for the same period last year. David Zruia, Chief Executive Officer of Plus500, commented: Plus500 delivered another excellent performance in Q3 2021, maintaining the strong operational momentum…

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