NAGA Group
May 20, 2022 BY Steffy Bogdanova

NAGA Group sees €7 million in revenue in April

The gains in the April trading update follows a strong first quarter for the Group. LeapRate reported last month the financial results of NAGA, reporting a 63% jump in revenue in Q1. The company also noted that its NAGAX NFT platform and its blockchain NXNFT are now live. Bilski said: This year, we are experiencing…

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Forex Weekly Look Back
June 18, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: JPMorgan Chase to buy UK robo-adivser Nutmeg, Fineco's Marco Mottadelli talks with LeapRate

Research published by the Financial Conduct Authority (FCA) reveals that 2.3 million adults now have cryptoassets. The number is 1.9 million higher than last year. The research estimates that 78% of people have heard of cryptocurrencies while last year it was 73%. The UK regulator’s analysis shows that as holding crypto has become commonplace, the attitudes toward…

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Forex Weekly Look Back
March 12, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: IG Group revenue jumps 65% in Q3, FP Markets launches Social Trading platform

Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has revealed it has become a connectivity provider for the LME, supporting LME members to use cross-market trading strategies more efficiently. Avelacom’s global coverage includes most developed market exchanges, such as CME, with a focus on emerging markets, including exchanges in…

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Naga Group appoints Pawel Cichowski as Head of Dealing
March 10, 2021 BY Steffy Bogdanova

NAGA obtains $30 million funding from Yorkville Advisors

As previously mentioned, the funding agreement occurred just as NAGA was experiencing a rapid increase in demand spanning all of its business metrics. In February 2021, the broker reported a total trading volume of around $20 billion and passed a milestone of 1 million monthly transactions. On top of this, 37,000 new trading accounts were…

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