Wed, May 08, 2024

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Interactive Brokers Launches Trading Services with US Gold

On Monday, the Interactive Brokers Group launched trading services with US Gold. Their clients can now trade US spot gold in small amounts, even one ounce. The broker will allow the physical delivery settlement of COMEX Gold, Micro Gold, Silver, and Micro Silver Futures. The broker will enable features on May 17. They’ll do the …

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Southeast Asian stock markets closed with gains

UK Treasury Launches New Plan to Compensate LCF Victims

On Monday, the UK’s Treasury department announced the government compensation scheme for London Capital & Finance (LCf)’s victims. They said victims were receiving compensation under the Financial Services Compensation Scheme (FSCS). The FSCS has already compensated approximately £57 million to 2,878 bondholders of the collapsed financial scheme. But the UK government formed a new scheme …

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Equiti Group and Acuity Trading agree on Partnership

Equiti Group and Acuity Trading agree on Partnership

Equiti Group has enhanced its market research tools offered to trades with a three-way partnership with Acuity Trading. Equity Group is a multi-asset brokerage, while Acuity Trading is a financial technology firm and market news provider.  The partnership will enhance the supply of market news to traders on Equiti.  Equiti’s AI-driven solution helps traders in …

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freetrade

Investor Injects £50 Million in the No-Fee Broker Freetrade

Freetrade closed £50 million in the recent funding round. Freetrade is the UK no-fee stock trading platform. Left Lane Capital, a New York based venture capital and an early growth equity firm led the new investment. The firm focuses on internet businesses together with Bernard Arnault-backed private equity firm, K Catterton. The investment includes £35 …

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stocks, Trading 212, Kospi index and local economy

UK Broker Trading 212 Halts Offering Penny Stocks

Trading 212 has halted offering microchip penny stocks which attracted both regulators and amateur investors in the last two months following social media interest. The broker said it temporarily halted purchasing penny stocks that were highly illiquid and had a market cap in the tens of millions. The broker is FCA-regulated. The broker said this …

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Broker: broker looking at graph working and analyzing with display screen.

Infinox Capital Reports Profit in FY2020

 Infinox Capital Ltd is a London-based brokerage group, published its annual results for 2020, which ended on 31st March. The brokerage ended the year with an excellent uptick across all significant metrics. The group generated revenue from its trading operations, which gained 12% year-on-year. It came in at £10.16 million to be precise compared to …

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stock analysis, broker

Stocks Rise 7% as DARTs Set Record in January.

January’s DARTs were 223% higher year-on-year and 43% higher month-on-month. Interactive Brokers LLC published its trading metrics for January, showing a record month in daily average revenue traded (DARTs). DARTs is a metric that sets records for the past two consecutive months. With 3,295,000 DARTs for the month, the metric rose by 43% compared to …

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stock trade, Wall street, Do you know how much to risk in FOREX?

TD Ameritrade, Robinhood, Vanguard, Resolve Trading Glitches

On Monday morning, Robinhood, TD Ameritrade, Vanguard, and other brokerage firms in the US reported trading glitches.  According to Vanguard, some clients experienced difficulty accessing their accounts on their broker sites. Online brokers routinely experience short outages, but it was uncommon for several outages to happen simultaneously. On Monday, Vanguard tweeted that they had resolved …

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XTB, Stock trading and useful tips

XTB Shares Gain 12% After Positive Regulatory Review

On Monday morning, the  XTB shares growth rose by a double-digit following a positive review from the Polish Financial Supervision Authority (KNF). According to the report, the brokerage received the Polish risk assessment framework (BION) score for its dividend distribution for 2019 with a positive view for 2020. The KNF’s view on dividend policy in …

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Stock trading and useful tips

Interactive Brokers Wants Its Clients to Migrate to Hungary

Interactive Brokers has asked the European clients to migrate their accounts to its subsidiary in Hungary. Interactive Brokers Headquarters is in Connecticut and the new subsidiary is called the Interactive Brokerage Central Europe Zrt (IBCE). The brokerage is sending emails to its clients across Eastern Europe seeking their approval on the migration. They want them …

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After the merger, it aims for a valuation of $10.3 billion.

eToro’s Secondary Market Valuation Triples to $2.5 Billion

eToro’s value surged from $800 million to over $2.5 billion on the secondary market in its last round of funding closed in 2018. eToro is an Israel-based brokerage firm. Calcalist publication confirmed the valuation as the US-based institutional investors purchased at least $50 million of eToro shares from current investors and employees at a valuation …

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Equiti Group

Equiti Group Partners with BridgerPay

Equiti Group, the multi-asset broker reported a 30% increase in global deposit approvals. Equity now offers over 100 local payment solutions in Latin America. Today, Equiti Group – a multi-asset brokerage announced its partnership with BridgerPay – an intelligent payments platform. The partnership aims to expand the list of global payment solutions and expand in …

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