Category: Brokers

BUX secures $80 million investment in latest funding round
April 23, 2021 BY Steffy Bogdanova

BUX secures $80 million investment in latest funding round

Yorick Naeff, the newly appointed CEO of BUX, said: With this new funding round, BUX will continue to spearhead innovation by implementing advanced features to shape further the future of how Europeans invest. We are extremely grateful to have top tier investors like Prosus Ventures and Tencent onboard to support us in our mission. In…

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Australia
April 21, 2021 BY Steffy Bogdanova

FXOpen’s Australian arm adds US equity CFDs trading

Gary Thomson, Chief Operating Officer at FXOpen UK commented: We’ve seen an increased uptake in equity trading in recent months within our UK brokerage and are delighted to widen the reach of equity markets to the wider FXOpen group. The official announcement said: Clients of FXOpen can access leverage of 1:5 on US Stock CFDs,…

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FXCM
April 15, 2021 BY Steffy Bogdanova

FXCM enhances Single Share and Stock Basket offerings

The Big China Tech (ATMX) basket includes four of the most popular Chinese tech stocks listed in Hong Kong, Alibaba, Tencent, Meituan Dianping and Xiaomi. These stocks are quickly growing and are considered a benchmark index for the performance of the Chinese Tech industry, comparable to its US counterpart - the FAANG index. Brendan Callan,…

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Plus500
April 13, 2021 BY Steffy Bogdanova

Plus500 registers record active customers in first quarter of 2021

Plus500 also highlighted that its share buyback program continued during the first three months of 2021. David Zruia, Chief Executive Officer of Plus500, commented: Plus500 delivered an excellent performance during Q1 2021, building on the positive momentum achieved in 2020. This performance has been driven by the strength and agility of our technology and its…

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CFI Financial group reduces spreads by up to 31% on various instruments
April 13, 2021 BY Steffy Bogdanova

CFI Financial Group adds fractional shares to its offering

Demetrios Zamboglou, Group Chief Operating Officer commented: The advanced technology present across CFI’s trading infrastructure allows for new and improved features that would ultimately benefit clients in how they trade. As our improvements are always client-centric in nature, we believe that Fractional Shares will open the door for faster and more optimized integrations of future…

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Parameta Solutions
April 12, 2021 BY Steffy Bogdanova

TP ICAP releases data and analytics brand Parameta Solutions

Nicolas Breteau, CEO of TP ICAP Group, commented: The Parameta Solutions business is an engine of sustainable growth and diversification for our Group.  Its strategy is to develop new products, provide new methods of distribution and grow its client base by expanding its presence with the buy side. Giving the business a new, distinct identity…

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Exness
April 09, 2021 BY Steffy Bogdanova

Exness hit record with March trading volume

The company also witnessed a record number of active traders during March 2021 – 187,609 – which substantially topped last month’s record of 178,175 for Exness. To once again demonstrate the company’s rapid growth, it is worth noting that the number of active clients using the Exness platform was 103,373 in March 2020. Overall, Exness…

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April 07, 2021 BY Steffy Bogdanova

Marex reports net revenues up 18% in 2020

Ian Lowitt, CEO of Marex, commented: I am delighted to report another outstanding set of results. With Covid and working from home, 2020 was an extraordinary year and I am truly proud of how our employees stepped up to the challenge. Notwithstanding the market conditions, we continued to perform at a very high level, achieving…

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FXSpotStream
April 06, 2021 BY Steffy Bogdanova

FXSpotStream’s ADV up 10% MoM in March

This month’s ADV marks a 12.35% YoY decrease compared to March 2020 when the company reported $62.4 billion. Highlights of March 2021 trading volumes report can be seen below: FXSpotStream’s Overall Volume MoM (Mar ‘21 vs Feb ‘21) increased 26.78% to USD1.258trillion FXSpotStream’s ADV (Q1 ‘21 vs Q1 ‘20) increased 4.38% to USD51.272billion FXSpotStream’s Overall…

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