Thu, March 28, 2024

Broker News

Plus500 Projects 74% YoY Rise in Q4 2021 Revenue.

Plus500 Projects 74% YoY Rise in Q4 2021 Revenue.

Plus500 launched a trading update, disclosing its fourth-quarter and annual targets. The firm is anticipating finishing the yearly books with around $718 million in revenue, of which roughly $160 million will be produced in the final three months. They anticipated Q4 revenue is expected to be 24% lower than actual figures from the previous quarter. …

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

eToro May Push the SPAC Merger Deadline Again.

The merger of eToro and the American blank-check firm may delay, as reported on Monday. If this occurs, it could lead to eToro’s potential failure and/or dissolution in public markets due to a lack of investor interest following Calcalist’s report.” eToro confirmed its pending merger with FinTech Acquisition Corp. V, a SPAC sponsored by prominent …

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Saxo Bank Reports a 12.2% Drop in FX Volumes in November.

Saxo Bank’s November trading metrics reveal a decline in demand across all asset classes. Trading volume fell 10% month-over-month, to $292.2 billion, with an average daily trading volume of $13.3 million. The financial trading platform provider reported a decline in monthly demand for all asset classes, including foreign exchange (forex) and equities. Saxo Bank’s November …

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Poloniex is not licensed to operate in Ontario, according to the Canadian securities regulator.

Status Markets Joins the OSC’s watch list.

According to a regulatory announcement, the Ontario Securities Commission (OSC) has added Status Markets to its blacklist of firms not to do business with. The OSC has added Status Markets to its watchlist. The representatives of this firm contacted Ontario residents by phone, seeking investment money to trade various asset classes on an online trading …

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With the cryptocurrency market's rise, Saxo's crypto offerings have increased in demand.

Saxo Enables 9 Crypto-FX Trading Pairs

On Monday, Saxo Bank, a Danish broker, announced that it would add 9 crypto-forex pairings to its TradingView service, allowing its customers to trade from the third-party social trading platform. The new TradingView connection will allow investors to trade Bitcoin, Ethereum, and Litecoin against the euro, USD, and Japanese yen. Saxo first began offering crypto …

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The talks are preliminary stages and may not result in a managed split of these in the future.

The CMC Markets Considers Splitting into Two Entities.

On Monday, CMC Markets, a London-based firm, said that the company is looking into separating its leveraged and non-leveraged operations. However, as the board is still considering the advantages of separation, the negotiations are said to be in their “very early phases.” “The Board decided to explore the option of a managed separation of the …

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anxso will also be offering forex, stock, CFD, and cryptocurrency trading.

XTB MENA Launches Service and Begins to Onboard Clients

After its local subsidiary received a license in Dubai, XTB began offering regulated services to its customers in the Middle Eastern and North American (MENA) region. XTB is a Poland-listed forex and CFD broker. XTB MENA Limited provides clients in the Middle East with trading services on more than 1900 instruments of foreign exchange and …

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Learn to Trade Forex

Global Kapital Acquires Financial Firm Maru in South Africa

The Global Kapital Group (GKG) has acquired Maru Asset Managers, a South Africa-based financial service provider licensed by the Financial Sector Conduct Authority (FSCA), from KIG BV, the Dutch affiliate of the Global Kapital Group (GKG). With the purchase officially announced on Monday, the brokerage firm has entered Africa’s second-largest economy. Conquering Africa Furthermore, as …

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Renewable power

The Most Important Resource for Investors – FinancialCentre

The trade sector is changing day by day. Due to the pandemic background or other internal factors, any small fluctuations can affect many directions. Despite everything, the trading sector has expanded so much that the number of investors is growing significantly. Many brokerage firms are operating in the market, and it is more difficult for …

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More Time for iFX EXPO International Cyprus Registration

More Time for iFX EXPO International Cyprus Registration 

 Do you have your tickets ready for the iFX EXPO International? October 4-6, 2021, the much-awaited event will be exclusive at the Parklane Resort in Limassol, Cyprus, with only a few tickets remaining. If you haven’t booked yet, here’s what you will be missing out on; Fintech and Finance Thought Leaders As the most reputable …

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eBokk reading

eBook Importance in Trading – The FinancialCentre

The FinancialCentre, specifically for investors, has an ebook department. Why do you need ebooks? The realm of real estate is full of surprises, pleasant or unpleasant. Access to documents is required at all times. The total space that the company offers is multifunctional. The ebook section on the website will allow you to make your …

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