CEO Vlad Tenev said this in August: We've been aggressively hiring technology-related headcount, however over time we count on to see this line merchandise lower as a proportion of income. Robinhood's engineering jobs are all in the US, mostly based in Menlo Park, California, but the company has noted that some engineers work remotely. A…
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Jonathan Brewer, Commercial Director of ISAM Capital Markets and Managing Partner at IS Prime said: Having our own proprietary pricing engine for indices and commodities means we can leverage our knowledge of brokers’ requirements to provide a product which is forensically tailored to their needs. This price feed is a true institutional grade offering and…
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The Group also reported a 4% YoY rise FX forward and 2% YoY increase in FX swap with $79 billion and $1.2 trillion for August 2021, respectively. FX spot volumes were down 5% on yearly basis, accounting for $0.36 trillion. On monthly basis, FX forward was down 5.9%, FX swaps by 0.6% and FX spot…
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The firm reported Net profit of $111,367 for FY2020. The official statement said: The results for the period were in line with the expectations of the directors. The combination of changes in regulations and historical lows in the volatility of the markets slowed the initial growth pattern that they were expecting. However, their long-term commitment…
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After this investment, the number of members of the Supervisory Board will be grow from four to five at the upcoming Annual General Meeting. The company will nominate Christian Angermayer as a new member. The Annual General Meeting was postponed from September 23, 2021 to October 11, 2021 in order to add this agenda. Christian…
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The number of active clients in the first quarter touched 287,200. Excluding tastytrade, which IG Group recently acquired, active clients increased 12% in Q1 FY22 compared to Q1 FY21. Core Markets+ revenue stood at £192.1 million in Q1FY22, falling 4% compared to the last quarter. This is a reflection of the impact of ASIC regulation…
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BDSwiss takes steps towards addressing the issue with this latest partnership. It offers Latin American clients the ability to process deposits, transfers and withdrawals via Visa Mastercard and with the widely accepted Brazilian card scheme – Hipercard. Andreas Evripidou, the BDSwiss Head of Payments, commented: We are very pleased with our partnership with PayRetailers, because…
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Wu Tianhua, CEO and Director of UP Fintech, stated: Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter. UP also saw a rise in newly funded accounts, with Tianhua adding: As we continue to invest in our…
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Peter Richards, Director of Capital.com Australia Limited, stated: Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com's comprehensive education resources, we aim to bring…
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Commodities saw a monthly volume of $35.3 billion, compared to $34.0 billion during the previous month. The daily average stood at $1.6 billion, compared to $1.5 billion in July. Despite the other monthly dips, Fixed Income’s volume rose in August, reaching $7.3 billion, compared to $6.9 billion in July. Saxo Bank recently released its financial…
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