IG Now Available on TradingView Platform
TradingView, the financial platform and social network for traders and investors, announced today (Wednesday) the integration of IG, a publicly-listed provider of online trading services and CFDs, into its broker…
eToro Cites “Risk Management Considerations” behind The Philippines Exit
eToro, which recently decided to stop offering services to its clients in the Philippines, confirmed to Finance Magnates that the move was motivated by “risk management considerations.” The broker has…
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)…
