June Felix, CEO, IG Group commented: John will focus on growing our Greater China business by continuing to develop further corporate and distribution partnerships which are a critical component to our long-term strategy, build IG’s brand recognition in the Greater China region and further develop a strong local IG team. There is a £1 billion…
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EPC clients switching to ActivTrades will not be required to pay any exit fees to ActivTrades if they decide to withdraw their funds. Additionally, these clients will qualify for up to £1,000,000 of insurance right away, covering client funds above the threshold provided by the FSCS and will benefit from the protection of their funds…
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Fahim was also awarded the “Best Economic Instructor in MENA” by Smart Vision in recognition of his educational contribution to traders across the MENA region. Smart Vision also recognised ACY Securities’ Head of Egypt – Ashraf Sherif, who also played a key role at the expo, as “Best Regional Manager for FX Broker in MENA”…
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Unlike CFDs on Stocks, which are not directly hedged in the underlying physical market, CFDs on DMA Stocks allow market participants to trade directly on the live prices of hundreds of brands such as Amazon, Apple and Microsoft. Featuring low market commissions, BDSwiss’ new DMA stock range also enables traders to benefit from dividends paid…
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Nicolas Breteau, Chief Executive Officer commented: Over a nine-month period of substantial economic dislocation, TP ICAP's business has been resilient. We have implemented a targeted cost efficiency programme that will provide further support to our earnings power in an operating environment that remains uncertain. TP ICAP has a clear strategy of electronification, liquidity aggregation and…
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76% of the total monthly traded volume was recorded in Prime XM Data Center in London LD4 – $686 billion in notional value. The Data Center in New York (NY4) has taken over Japan (JP3) in second place, with a monthly trading volume of $108.95 billion. XAUUSD remained consistent as the most popular instrument of…
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FXSpotStream’s 2020 ADV (from January to September) was $42.455billion, up 14.85% compared to the same period during 2019 of $36.965 billion October’s ADV was $38.885billion and 25.66% greater than CBOE HotSpot’s ADV of $30.994billion – exceeding CBOE/HotSpot’s ADV every month since April 2019.
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Arnaud Poutier, Head of IG Europe commented: I’m proud that IG now has an on the ground presence in Amsterdam to better serve our Dutch clients with the world-class trading experience they want from IG. The fluid nature of the pandemic at this time means the Dutch IG team will work remotely initially, because their…
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Harpal Sandhu, CEO at Integral commented: TrueFX has made it possible for any participant – irrespective of size – to access primary sources of liquidity directly. The proposition of eliminating credit as a barrier to entry is an exciting development in FX and we are thrilled to see such high adoption of the service as participants seek…
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Customer income revenue remains high with $240 million, still bit lower than Q2 but 124% up YoY. Plus500 on-boarded a total of 46,238 new customers in the quarter, up 90% compared to the previous year. The company’s buyback programme continues, with around 1 million shares acquired in Q3 2020 - over 10 million shares acquired…
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