Rakuten Securities, one of the largest online brokerages in Japan, has been approved to become a public company. The move was after the Rakuten Group board approved the move in a meeting on Monday. This is a significant development for the Rakuten Group, which has been working on expanding its FinTech business in recent years. …
Rakuten Securities Approved to Become a Public Company Read More »
Recently, Dukascopy Bank, a Geneva-based financial services company, announced the launch of its new cryptocurrency marketplace. The new platform will allow users to trade peer2peer (P2P) on cryptocurrencies. Only regular customers are allowed access to this exciting new feature at first, but eventually, everyone can use it! The P2P platform initially supports 12 major digital …
Dukascopy Launches P2P Exchange to Extend Crypto Offerings Read More »
US-based forex trading platform OANDA has announced a multi-year partnership with New York Red Bulls, making it the official jersey sleeve patch partner. Starting from 7 May, the OANDA logo will display on the Red Bull’s jerseys during their match against Portland Timbers at the Red Bull Arena. Besides the Red Bulls, the partnership will …
New York Red Bulls Welcomes New Marketing Partner – OANDA Read More »
Interactive Brokers’ figures reported 2.204 million DARTs, 1% higher than the prior year and 10% lower than last month. Ending client equity was $324.5 billion, 6% lower than last year and 9% lower than the prior month. Moreover, closing client margin loan balances hit $46.8 billion, 4% higher than the prior-year and 3% lower than …
Interactive Brokers Records 10% Deep in DARTs for April 2022 Read More »
As one of the leading financial services providers in South Korea, Hana Financial has proven to be a powerful and influential player on the global stage. The company recently made a major move to expand its footprint in Southeast Asia by acquiring a 35% stake in BIDV Securities. BIDV Securities is one of the biggest …
Hana Financial Acquires 35% Stake in BIDV Securities Read More »
Forex and CFD trading provider Tickmill has announced a partnership with football club Zug 94 based in Switzerland. The partnership is part of Tickmill’s corporate social responsibility (CSR) effort to support local communities by supporting good sportsmanship. As part of the partnership, Tickmill will provide financial support to Zug 94. In return, the football club …
Tickmill Partners with Swiss Football Club Zug 94 Read More »
Capital.com, a leading online brokerage, announced that its trading volume surged 36% in the Q1 of 2022 compared to the previous quarter and more than 229% year-over-year. The impressive growth was attributed to increased market volatility, which triggered a rush among retail traders. “There’s nothing like volatility to attract investors to the market, and we …
Capital.com Records a 229% YoY Rise in Q1 Trading Volume. Read More »
Even with the drastic jump in the trading demand, equities are experiencing slowed demand. In March, the overall monthly trading volume in SAXO Bank shot up to $460.4 billion, which makes it the highest since April 2020. Consequently, the current numbers caused a significant overflow of demand in retail services, hence the closure during the …
Saxo Bank Records a 35% Higher FX Trading Volume in March Read More »
Acetop Financial Limited, a London-based CFDs and spread betting broker, saw a sharp decline in its revenue in 2021, according to its latest annual financial filing. The company’s revenue came in at £170,169, compared to £710,701 generated in 2020 – a yearly decline of around 76%. Acetop attributed the decline in revenue to the ongoing …
London-listed Plus500 has announced that it has acquired regulated Japanese securities firm EZ Invest. The move sees Plus500 expand its presence in the Japanese retail trading market and is seen as a major growth opportunity for the company. Financial services provider EZ Invest is licensed as a Type 1 Financial Instruments Business Operator by the …
Plus500 Joins Japanese Market, Buys EZ Invest Securities Read More »
FINRA fined Crown Capital Securities for paying around $19.3 million in transaction-based compensation to unregistered entities. Crown Capital, a company that has been a member of FINRA since 1972, provides a comprehensive list of financial services to clients. The firm is based in California and has about 300 registered representatives. FINRA fined Crown Capital because …
TradeStation, a subsidiary of Monex Group, released information about its trading statistics for February 2022. The company reported that revenue trades per day (DARTs) had decreased by 15.6% from the previous year to 242,846. However, DARTs remained nearly flat from month to month with only a 1.5% increase. February’s absolute DARTs figure was also the …
TradeStation DARTs Drops 15%, Despite Strong Client Figures. Read More »
Admirals, a forex and CFDs broker brand based in Estonia, has entered the lucrative sports-sponsorship space by inking a deal with FCI Levadia Tallinn, the current domestic football club champion. Admirals have become one of the many brokerage brands to put their brand in the sports arena. As one of the many brokerage brands to …
Football club FCI Levadia partners with Admirals Read More »
Banxso.com, a new South African exchange, is scheduled to launch on 1 April 2022. The FSCA in South Africa will fully regulate the exchange. Additionally, Banxso plans to operate in 3 more countries by the end of the year (EU countries will be regulated by CySec, UAE by DFSA, and the UK by FCA). We …
Banxso Launches in South Africa, Fully Regulated by FSCA Read More »
In the fourth quarter of 2021, Plus500 revealed its unaudited financials, which showed revenue of $161.1 million, a 75% increase over the previous year. On the other hand, the broker saw an 18% drop in overall yearly income. The broker’s fourth quarter was excellent, with EBITDA coming in at $70.9 million, up 256% from the …
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