Saxo UK Posts 7% Profit Gain as AUM Hits £2 Billion Mark

Saxo Bank’s UK branch has reported impressive growth in 2023, increasing its assets under management (AUM) to £2 billion and achieving a higher net profit of £11.2 million compared to…

FXCM UK Reports 390% Profit Decline in 2023 as Traders Activity Wanes

Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…

FXCM UK Reports Whopping Profit Decline in 2023 as Traders Activity Wanes

Stratos Markets Limited, operating under the FXCM UK brand, reported a significant net loss for the fiscal year 2023, exceeding 350%. According to the FX/CFD brokers, it reflects a challenging…

Tavira Financial Pulls Out of CFDs Business

UK-regulated Tavira Financial Limited, known for being an agency broker and execution specialist, is closing down its equities contracts for differences (CFDs) business, the company confirmed in its latest Companies…

Record-High IBKR Stocks Take a Hit as Q3 Earnings Miss Wall Street Expectations

Interactive Brokers (Nasdaq: IBKR) ended the three months between July and September with net revenue of $1.36 billion, an increase of 19.2 percent year-over-year. Its pre-tax income also jumped to…

ESMA to Upgrade Systems as EU Aims for T+1Settlement

The European Union is accelerating efforts to reduce the securities settlement cycle from two days (T+2) to one day (T+1), in line with international trends. ESMA has highlighted several hurdles,…

ESMA to Upgrade Systems as EU Aims for T+1 Settlement

The European Union is accelerating efforts to reduce the securities settlement cycle from two days (T+2) to one day (T+1), which is in line with international trends. ESMA has highlighted…

CySEC Oversees 328 Companies as AUM Hits €9.4 Billion Despite Yearly Decline

In the second quarter of 2024, the number of Management Companies and Undertakings of Collective Investments (UCIs) in Cyprus remained at 328. At the same time, assets under management (AUM)…

Prop Firm MyFundedFutures Overhauls Affiliate Program and Suspends over 20 Countries

Affiliates of Matthew Leech’s prop firm MyFundedFutures (MFF) who haven’t generated a sufficient number of “individual purchases” will be removed from the program at the end of this month. This…

TradingView Integrates with HTX to Enable Direct Crypto Trading

HTX, a digital asset trading platform, has partnered with TradingView, a financial analysis and trading platform. The collaboration integrates HTX into TradingView’s Broker feature, allowing users to trade cryptocurrencies directly…