Category: Brokers

Playtech
September 18, 2020 BY Steffy Bogdanova

TradeTech delivers significant performance for H1 with €87.3 million in revenue

Adjusted EBITDA for TradeTech was €52.8 million, registering a 544% increase (H1 2019: €8.2 million) Playtech continues assessing its option for TradeTech. The company announced in August it was in in early stage discussions regarding a potential sale of the financial unit. The company shared that for next half of the year TradeTech’s exceptional performance…

Read more
eToro expands football investment with twelve new sponsorships in UK and Germany
September 17, 2020 BY Steffy Bogdanova

eToro adds twelve new football sponsorships in UK and Germany

Dylan Holman, Global Sponsorship, Senior Manager at eToro commented: As a leading investment platform with over fourteen million users, we believe sponsorships are a powerful tool that help build and reinforce eToro as a world class brand. We will be working with clubs to make the financial markets more accessible than ever, using our partnerships…

Read more
Plus500
September 17, 2020 BY Steffy Bogdanova

Plus500 appoints Anne Grim to the Board as a Non-Executive director

However, “Resolution 17” for a bonus for the Group’s CFO Elad Even-Chen was withdrawn. Even-Chen was considered for a significant cash payment reward for ensuring "a significantly reduced Corporation Tax liability" and saving the company more than $100 million. The bonus proposal faced opposition from some of shareholders and Institutional Shareholder Services had recommended that the…

Read more
Plus500
September 16, 2020 BY Steffy Bogdanova

Plus500 keeps its performance momentum in H2 but may face shareholder disapproval of CFO bonus

All of these factors have contributed to the platform usage remaining at elevated levels and customer deposits remaining robust. The trading platform is well positioned to deliver sustainable future growth due to its proprietary technology, its flexible and scalable business model, its strong financial position and a track record of delivery against key performance metrics.…

Read more
FXCM
September 15, 2020 BY Steffy Bogdanova

FXCM adds Volatility Index CFDs to its trading offer

FXCM’s customers can buy micronized VOLX CFDs at 1/10th of the size of the mini VIX or 1/100th of the standard VIX Future. The company’s clients can also benefit from 10:1 leverage (5:1 for ESMA regulated clients), significantly reducing the cost of entry. Offering contracts on a fractional basis allows FXCM’s investors more control over…

Read more
September 11, 2020 BY Steffy Bogdanova

USG moves its headquarters to London

In early September the group sent an email to its clients stating: With fifteen years of experience, outstanding technology and steady management, Union Standard International Group has been supported and trusted by millions of traders across more than 130 countries. The email continued: Until now, we’ve almost completed the restructuring process and reached 97% of…

Read more
CFD Trading provider TradeMax rebrands to TMGM
September 10, 2020 BY Steffy Bogdanova

CFD Trading provider TradeMax rebrands to TMGM

In recent years TMGM has experienced major growth in the CFD trading space and solidified its commitment to investors. The expansion has also spread to the company’s team with the addition few new global members to service customers in more languages. TMGM’s new CMO, Angelo D’Alessio, is based in Sydney and is focused on implementing…

Read more
Integral
September 09, 2020 BY Steffy Bogdanova

Integral launches latest version of FX Inside institutional single dealer platform

The trading solution is built on a ReactJS framework for a responsive design and faster web-browser reaction time. Users can also integrate third-party applications and the interface can be translated into any language. Harpal Sandhu, CEO Integral commented: In this current environment, it has become evident that institutions need access to a scalable and sophisticated…

Read more
September 09, 2020 BY Steffy Bogdanova

FXCM launches SMS Trading Alerts

Brendan Callan, CEO of FXCM commented: We are always looking for new ways to increase the efficiency and ease of trading for our customers. Sending free SMS trade alerts ensures our customers are always up to date on the latest market moves, making it easier than ever to identify the best trading opportunities. The instruments…

Read more