According to its Companies House filing, BUX UK attributes the decline in revenue to the markets returning to normal levels from 2019 and becoming more stable. Furthermore, Brexit has also impacted the operations of the company since it stopped onboarding new clients in the EU in the first quarter of 2021. In addition, the company…
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Such a scenario will no doubt impact the sentiment of investors, reducing the appeal of pound denominated assets. With further bad news likely to arrive on Thursday, when the Chancellor of the Exchequer is expected to announce a number of fiscally restrictive measures, there may be scope for more sterling weakness. Ricardo Evangelista – Senior…
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Interim dividend for H1 2023 stood at 3.50 pence per share, remaining unchanged from the previous year. The company said that a total dividend for the year expected to be in line with policy at 50% of profit after tax. Outlook The broker expressed optimistic expectations, with net operating income expected to grow by 30%…
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The data further revealed that younger investors are significantly more likely to want to have a say than older investors. In particular, 80% of participants in the survey between the age of 18 and 34 said they wanted to vote at AGMs if given the chance and 50% of investors around the age of 55.…
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While some hint at a slowdown in the pace of rate hiking, others suggest that the tightening cycle is far from over. Judging by the performance of the dollar so far this month, falling around 8% in relation to its peers, the market’s main takeaway from the latest events is that peak inflation is behind…
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The offering includes including in-house built risk management and their PAMM (percentage allocation management module). It is customised to fit the clients' needs across the full range of Vantage's services and can be accessed via an API. David Shayer, UK CEO at Vantage, commented: Market volatility often brings opportunities for those who know where to…
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On the technical analysis point of view the price is currently trading around the 1.17 price area which is a very strong point of resistance since it consists of the 78.6% of the Fibonacci retracement level and the upper band of the Bollinger bands (even trading above the bands a couple of days ago indicating…
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In its investigation, ASIC found that Suncoast Trading, Equity Trade, nor Jennings hold the necessary Australian Financial Services licence to provide financial services. Furthermore, it was discovered that Jennings had some clients put their deposits into his personal trading account and traded CFDs without consulting them. He made false or misleading statements to his clients…
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Hesham Hasanin, CEO of Equiti Global Markets in Cyprus, said: We are very excited to be in Limassol and have access to its large pool of talented people to expand our business in Europe. The welcoming hospitability and support of the local community and our partners in Limassol has been remarkable. We look forward to…
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Cboe Clear Europe also supports Cboe's pan-European derivatives exchange which launched in September 2021, Cboe Europe Derivatives (CEDX). The clearing house allows CEDX's participants to cut trading costs by clearing a wide range of pan-European equity derivatives at a single clearing house. According to the official announcement, Cboe Clear Europe will continue to operate as…
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