The book value per share at the end of Q2 2021 is $264.90. This gives a rise of 12.2% for the year to date. It shows that after the uncertainty of Covid-19, performance is starting to turn around. Shareholders have seen a return on tangible equity of 28.9% for the year to date, and Q2…
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XTX Execution Algo went live on BidFX in 2020 in an initial targeted client roll-out. The solution can reduce slippage to arrival price. McGrath said he was pleased to see increasing usage of this algo across their global client base in 2021 and that the company was glad to make it available for clients to…
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ETX clients in South Africa can benefit from instant execution, tight spreads and low commissions on CFDs on thousands of global markets – across all major asset classes from forex, indices, shares and commodities. Regulated by the FCA, ETX Capital was acquired by Swiss firm Guru Capital in 2020. The company offers more than 5,000…
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Barry Flanigan, Head of Distribution and Liquidity, IS Prime, commented: Traditionally, Liquidity Providers offer fixed spreads on indices and oil but we have seen increasing demand from clients for variable pricing. We developed our product in this area for a particular client and are rolling it out on a wider basis to enable more clients…
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This is why the company feels that comparing the 2021 performance to the 2019 performance gives a more accurate analysis. Plus500 managed to generate more than twice the revenue in H1 2021 for the same period in 2019. The trading update also mentions that the company managed to achieve this even in the face of…
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The company also underwent a compliance readiness assessment based on the Association of Banks in Singapore (ABS) Guidelines for Outsourced Service Provider Audit Report (OSPAR) by PwC. This audit report is the framework that external auditors use to validate the service provider’s controls against the criteria stated in the guidelines of the association. The readiness…
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This is a significant drop from the highest trading volumes that were hit during March. The peak brought in a total volume of $170.5 billion with a daily average of $7.4 billion. Since then, there has been a fall every month, with April showing a total of $124.2 billion and a daily average of $5.6…
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Prime XM Data Centre in London LD4 registered $806.32 billion in notional value. The Data Centre NY4 has preserved second place from TY3 with $ 141.76 billion in monthly trading volume. XAUUSD remains consistent as the most popular instrument of PrimeXM's traders for the past few months, with a total trading volume of $317.27 billion…
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The new trading instruments include stocks of companies such as Petrobras (PETR4), Itau Unibanco (ITUB4), Banco Bradesco (BBDC4), AmBev (ABEV3), Vale (VALE3). Robo Markets revealed that the conditions for trading CFDs on Brazilian stocks include commission from 0.1% (but not less than 10 BRL); Spreads from 0 pips and trading time from 4:10 to 10:55…
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The June ADV reached 45.3% increase YoY, compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate.
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