The firm said the rollout, which begins this week, will grant eligible US customers access to a range of futures contracts across multiple asset classes. Traders on Robinhood will able to access futures contracts linked to the S&P 500, Nasdaq-100, Russell 2000, and Dow Jones Industrial Average, as well as bitcoin and ether, major FX…
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The expansion is expected to strengthen the firm’s global presence, which now spans six jurisdictions, including the UK, Hong Kong, the UAE, Cyprus, and Malta. The company said its new local office will offer RTO and execution of orders for all financial instruments to Polish residents, providing access to over a million instruments across 50+…
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The collaboration is said to be aimed at enhancing the user experience for retail investors. The initial phase of the partnership will see Stocktwits integrate a ‘trade’ button on its platform, allowing its 10 million-plus active users across more than 200 countries to trade assets directly via eToro. The button will link directly to eToro,…
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Built on the Solana blockchain, TRUMP Coin’s value is highly influenced by factors linked to President Trump, who is associated with the coin. For instance, the cryptocurrency surged ahead of President Donald Trump’s inauguration on January 20. However, the excitement has since waned, and TRUMP Coin has tumbled, with its price down more than 38%…
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The company revealed in its interim results, released Thursday, that net trading revenue rose 12% year-on-year to £451.7 million, with adjusted pre-tax profit up 30% to £266.8 million, reflecting lower costs and an adjusted profit margin of 51.1%. Adjusted earnings per share surged 42% to 55.3p, and the company announced an increased interim dividend of…
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The inclusion was effective from the start of trading on Friday (17 January 2025). “Plus500's inclusion in this widely followed, European-wide index is another testament to the strategic, operational and financial progress that the Group has made in recent years,” said the company The addition to the STOXX Europe 600 Index underscores Plus500's success in…
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The move comes as the company seeks to join the ranks of publicly traded firms offering both stock and cryptocurrency trading. Founded in 2007, eToro operates as a "social investment network," allowing its global user base to trade a variety of assets, including fractional equities and cryptocurrencies. The platform’s initial attempt to go public via…
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The move is expected to bolster IG's trading and investment offerings in the UK, helping to expand its reach to new customer segments and enhance its technological capabilities. The deal will be funded in cash from IG’s existing capital resources. Completion is expected in mid-2025. Breon Corcoran, CEO of IG, said it is a “rare…
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The SEC order found that Robinhood failed to comply with a broad spectrum of regulations. These are said to include delays in investigating and reporting suspicious transactions, inadequate measures to safeguard customer data from identity theft, and failing to adequately address a cybersecurity breach that compromised user data. “Today’s order finds that two Robinhood firms…
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In a trading update on Monday, the company reported revenue of approximately $768 million, with an EBITDA of around $342 million, reflecting strong financial performance. The company added that its financial position remains “highly robust” and debt-free, with cash balances of approximately $900 million as of 31 December 2024. Furthermore, Plus500 said its proprietary marketing…
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