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ADSS Exists UK Concentrates on Other Divisions
The Abu Dhabi-based brokerage group, ADSS, has decided to scale down its United Kingdom operations through its regional subsidiary, ADS Securities London Limited (ADSSL). This decision, announced on the company’s website, is a strategic move aimed at shifting resources towards
eToro Extends Partnership with SK Slavia Prague
For the following season, the Israeli financial firm eToro has reaffirmed its patronage of SK Slavia Prague, the most venerable football club in the Czech Republic. The company, which specializes in social trading and investment, first assumed the mantle of
CAPEX.com Aquires WiredMarket’s Client’s in Greece
CAPEX.com, a retail forex and contracts for differences (CFDs) broker, has broadened its global reach by acquiring the WiredMarket’s client portfolio, a firm with a significant base in Greece. CAPEX.com’s First M&A Deal On Thursday, the company announced the acquisition,
eToro Signs Sponsorship Deal with Spanish Baskonia Club
eToro has ventured into basketball sponsorship by becoming the official sponsor of the Spanish professional basketball club Baskonia. This agreement covers the club’s next two seasons, ending in 2025. eToro Expands Sports Sponsorship Portfolio This deal follows eToro’s recent agreement
FxPro Introduces Crypto CFDs to cTrader Platform.
On Friday, FxPro, an online forex broker, announced that it had included cryptocurrency trading in its cTrader accounts. The feature enables traders to access cTrader accounts and create new ones under their profiles. BTC, ETH, and XRP Available FxPro now
CMC Markets Reports FY23 Earnings, 43% Profit Downturn
CMC Markets (LON: CMCX) has unveiled its earnings for the fiscal year 2023 (FY23), which concluded on March 31. The company posted a net income of £288.4 million, aligning with its predictions. Despite a 2% year-over-year increase, profits experienced a
Plus500 Sponsors BSC Young Boys for 2 More Years
An official announcement confirmed that Plus500 had prolonged its sponsorship deal with BSC Young Boys, a Swiss football club, for two additional play seasons. The Israeli brokerage company was previously named as the club’s primary shirt sponsor for the 2020/21
Trading 212 UK’s 2022 Revenue Rise, But Profits Slip 9%
Trading 212 Limited has recorded a turnover of over £98.7 million in the UK and pre-tax profits amounting to £50.8 million in 2022, as per its filing with Companies House. It was a 5% increase from 2021’s revenue figure of
Admirals Ends Estonian License Amid Global Consolidation
During the first half of next year, Admirals Group AS, the parent company of FX/CFDs brokerage Admirals, will merge with its Estonian subsidiary, Admirals Markets AS. To accomplish this, the firm will withdraw the subsidiary’s investment company license, which may
CLSA Exits Margin Dealing, Moves to Healthcare
The Hong Kong-based broker, CLSA Premium Limited, has stopped offering margin dealing services. Instead, it will focus on its new healthcare business, which started in mid-2022. At last week’s annual general meeting, the company’s shareholders voted unanimously for proposed business
New Sports Sponsorship Opportunities for CMC Markets
A new trend has recently appeared in the brokerage world. The traders have started broadening their horizons and creating new partnerships with global sports representatives. CMC Markets has not fallen behind the trend. The company made a progressive and important
INTL FCStone Inc. expands its presence in Asia.
INTL FCStone Inc. is an organization that provides financial services. The company runs its business in five main areas: Global Payments, Commercial Hedging, Physical Commodities, Clearing and Execution Services. The company first started as a butter and egg broker in
TRADE.com offers spread bets via its new entity
There is a new exciting launch in the trading community. TRADE.com offers a new to spread betting service. Trade.com provides an index, Forex, shares, commodities, and cryptocurrency markets. Besides, the company is the best option for traders who are unable
Admiral Markets: New Japanese Stocks & APAC Expansion
This Monday, Admiral Markets announced that it is expanding its stocks and CFDs offering in the Asia Pacific region. From now on, the broker will provide access to the Japanese Market. Forex and CFD traders have an opportunity to trade
Forex4you: an official member of the Financial Commission
This Tuesday, the Financial Commission announced that it had added Forex4you as its newest approved member. Forex4you is a forex broker based. It was established in 2007. It is based in the British Virgin Islands. However, Forex4you does not provide
Flatex AG: new exclusive partner Société Générale
Flatex AG: news exclusive partner Société Générale This Wednesday, a German-headquartered company announced that it has won an exclusive contract with Société Générale. SocGen is a French multinational investment provider and financial services company in Paris. The French bank will
Lyft Slump Drags Down Rakuten Profit Reports
E-commerce and financial company Rakuten reported a drop in profit and revenue in its third-quarter result announcement. The company also announced an uptick in revenues. Rakuten reported a net loss of ¥14.8 billion for the nine months ended September 30,
GAIN Gains in October but Still Loses Y-o-Y | Wibest Broker
GAIN Capital Holdings, Inc. held $171.9 billion retail transactions in October 2019 after last month’s low. The broker saw $151.5 billion in September, prompting the 13% increase. October’s FX volumes, despite cutting off a prolonged downtrend, still lagged behind the
London Summit 2019 Takes Center Stage | Wibest Broker
The best providers in trading industries compete in the London Summit every year, and this year is no different. The London Summit ended at the annual Awards Ceremony at the Old Billingsgate. This year’s voting process was cut into two
MT5 Enters Southeast Asia | Wibest Broker
Cambodian derivatives broker BIC Markets pushed the MetaTrader5 platform into Southeast Asia. MT5 continues to see its availability rise across global markets with brokers, shifting from its variant MT4. CEO of BIC Markets, Bun Sovatdy, said the MT4’s successor is
