LandFX Boosts Net Profit by 20% despite Sharp Decline in 2023 Turnover
UK-registered and FCA-licensed broker LandFX has published its 2023 results, showing a decline in turnover and gross profit of nearly 30%. Thanks to significantly lower administrative costs and reduced sales…
Branan Karae Changed How We View Vanuatu in 5 Years, Now Elected for Second Term
Located on nearly 200 islands, the tiny nation of Vanuatu was until recently associated mainly with being a regulatory and tax haven in the world of finance. Over the past…
Week at a Glance: Telegram CEO Arrested, AvaTrade Eyes Colombia, and FMPS:24 Highlights
Saxo Bank Reports 35% Profit Increase for H1 amid Restructuring Topping this week’s headlines, Saxo Bank Group released its financial results for the first half of 2024. The bank reported…
Week at a Glance: Saxo and Dukascopy, AvaTrade Eyes Colombia, and FMPS:24 Highlights
Saxo Bank Reports 35% Profit Increase for H1 amid Restructuring Topping this week’s headlines, Saxo Bank Group released its financial results for the first half of 2024. The bank reported…
Mastercard Backs PayU’s Launch of New Cross-Border Payment Solutions
Netherlands-based payment service provider for online merchants PayU has teamed up with Mastercard to introduce new cross-border issuer authentication solutions. The new service promises to enhance global payments by offering…
Admirals Group Cuts Operating Expenses by 9% and Improves Net Loss in H1
In the first half of 2024, Admirals Group AS reported increased trading revenues and positive EBITDA despite low market volatility. The Group’s net trading income rose by 4% to EUR…
UP Fintech Reports $87M Revenue and $106B Trading Volume in Q2
UP Fintech Holding Limited (UP Fintech, NASDAQ: TIGR) has released its financial results for the second quarter ending June 30, 2024. The Company reported total revenue of $87.4 million, marking…
Dukascopy Endures a Harsh H1 2024: Income and Profit Nosedive
Dukascopy, a Geneva-headquartered retail forex and contracts for differences (CFDs) broker, has released its financials for the first six months of 2024, revealing a significant drop in its consolidated income…
Compagnie Financière Tradition’s H1 2024 Net Profit Jumps 24.5%
The net profit of Compagnie Financière Tradition (SWX: CFT), an inter-dealer broker and operator of a Japanese retail forex trading platform, for the first six months of 2024 reached CHF…
FAME Awards 2024 Recognize the Industry’s Top Brands in Australia
The Financial Achievements in Markets Excellency awards (FAME) ceremony took place yesterday in Sydney, Australia, drawing plenty of noteworthy brands and participants. These awards have quickly established themselves as a…