Category: Brokers

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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Integral volumes report
April 02, 2021 BY Steffy Bogdanova

Integral reports ADV of $53.6 billion in March

Last month was also the second-highest monthly volumes on record for the company with the highest ever being March 2020 during the height of the pandemic-induced volatility. The volumes increase in March follows a recent upward trend at Integral seen in the last few months.  The rise is attributed to the increasing activity on TrueFX…

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Robinhood
March 24, 2021 BY Steffy Bogdanova

Trading app Robinhood files for IPO

The trading app increased its popularity among young people during the lockdowns in the coronavirus pandemic with its zero-commission business model playing a significant role. The gained popularity of the venue also brought regulatory scrutiny and public-relations problems at the beginning of the year. Robinhood found itself in the eye of the storm during the…

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BidFX
March 23, 2021 BY Steffy Bogdanova

BidFX registers £1.8 million profits in H1 2020

In 2020, the UK-registered BidFX saw the Singapore Exchange take the full acquisition of the company. SGX had previously only obtained 20% of the company. The new acquisition comes hand-in-hand with significant expansions, including expanding into OTC markets with FX futures. BidFX is now developing its range of products on offer to its international FX…

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