Category: Brokers

Robinhood
July 02, 2021 BY Steffy Bogdanova

Trading app Robinhood files to go public

The company has stated that it manages over $80 billion for around 18 million users on its platform, of which more than half have made accounts for a first time. The company also reported that its growing business managed to turn a profit last year. Its sales rose to $958.8 million last year, registering 245%…

Read more
FXSpotStream
July 02, 2021 BY Steffy Bogdanova

FXSpotStream hits $1 trillion in trading volumes in June 2021

The report showed a 3.7% MoM increase in average daily volumes, compared to May. FXSpotStream’s ADV hit $49.09 billion in June, while May it was $47 billion. June became the 3rd highest ADV in FXSpotStream's history. The ADV for June stood at a 13.4% increase year-over-year. The company’s ADV year-to-date, from January to June 2021,…

Read more
Nasdaq launches new ESG Data Hub alongside industry leaders
June 29, 2021 BY Steffy Bogdanova

Nasdaq launches new ESG Data Hub alongside industry leaders

The following partners are set to provide data through the all new ESG Data Hub: Ecogain will cover biodiversity, Equileap will provide data on gender equality, RepRisk for reputational risk, Inrate for carbon emissions, Munich Re will analyse climate risk, and Upright Project for net impact, while Clean Tech will provide data on renewable technology.…

Read more
Robinhood
June 25, 2021 BY Steffy Bogdanova

SEC review slows down Robinhood IPO plans

The trading app launched crypto trading in 2018 and now cryptocurrencies such as Bitcoin and Ethereum are available for trading. About a half of the users on the app are first-time investors. This year has been particularly volatile for crypto trading. SEC Chairman Gary Gensler is expected to make a number of new policies and…

Read more
FXSpotStream adds FX Algos and Allocations over its API
June 23, 2021 BY Steffy Bogdanova

FXSpotStream adds FX Algos and Allocations over its API

Alan F. Schwarz, FXSpotStream Co-founder and CEO commented: We are extremely excited to be live with our Algos and Allocations API offering. The team has done a tremendous job getting the offering live on schedule despite some challenging conditions related to the global pandemic. Alan F. Schwarz, continued: Clients currently do not pay a fee…

Read more
VT Markets on rebranding and MT5 transition
June 23, 2021 BY Steffy Bogdanova

VT Markets on rebranding and MT5 transition

With so many brokers making the transition to the MT5 platform, why did VT Markets decide to make the change? Chris: In response to growing user demand, VT Markets has taken the decision to add support for MT5. The MT5 platform was designed from the ground up to trade a variety of markets, which includes…

Read more
Fxview establishes subsidiary based in St Vincent & Grenadines
June 22, 2021 BY Steffy Bogdanova

Fxview establishes Subsidiary based in St Vincent & Grenadines

Virk commented: The offshore entity is a key milestone for Fxview. This will allow our existing and new clients to take full advantage of our innovative ecosystem ranging from state-of-the-art platforms & tools, lightning-fast execution, excellent trading conditions and stellar customer support. Fxview is a brand in its own right and is both operated and…

Read more
Admirals
June 22, 2021 BY Steffy Bogdanova

Admirals open a regulated subsidiary in Jordan

Sergei Bogatenkov, the CEO of Admiral Markets AS, commented: The Middle East and North Africa region is home to 600 million people, which means a great potential for us to grow our customer base and gain a larger market share, while looking to provide the opportunity for people in the region to experience the joys…

Read more
Global Kapital secures license from Finra to operate in America
June 16, 2021 BY Steffy Bogdanova

Global Kapital secures license from FINRA to operate in America

Gokhan Erkiralp, GK Group Brokerage CEO, commented: Since 2020, Global Kapital Group has initiated a strategic journey to expand its international reach and introduce its products to an ever-increasing number of customers. We are excited that today the next step in our global growth strategy brings us into the world's largest financial market. GKG revealed…

Read more