The new Cboe One Options Feed will offer real-time quote and trade data consolidated from all four Cboe options exchanges, aggregating the best bid and offer of all displayed orders for ETF, equity, and index options traded on the exchanges. Cboe Global Markets' Executive Vice President, Data and Digital Solutions, Catherine Clay, commented: The launch…
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Various market participants and trader-focused groups online already use apps such as Discord and Telegram for subscription services where customers can interact. Much like those other apps, the MQL5 Channels Product allows users to subscribe to trading channels, follow market updates or create a channel and promote their expertise. However, MetaQuotes distinguished its offering by…
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Wassim Khateeb, Chief Commercial Officer at FXCubic, commented: We are constantly working on making our system interoperable and adding as many options as possible for our clients to choose from. FXCubic, has changed the fintech landscape over the last few years with the stability, unique features, numerous integrations, and high performance of our bridging and…
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Despite the decline in some metrics, Hargreaves Lansdown's pre-tax profit rose 31% to £197.6 million from £151.2 million, while underlying pre-tax profit, which excludes the strategic investment costs for the period, increased 30% to £211.9 million from £163.5 million. As a result, earnings per share were 33.1p, 29% above the previous year's period of 25.7p.…
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The company has proposed a 3.4p per share dividend. On the operational front, client numbers for FX risk management increased by 11%, from 881 at the end of 2021 to 975 on June 30, 2022, while Alternative Banking Solutions accounts jumped 75% to 3,061 on June 30, 2022, from 1,746 on December 31, 2021. Morgan…
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The Australian regulator also released a report summarising the impact of its ban. Before the initial ban, ASIC stated that between 74% and 77% of active retail clients lost money trading binary options, with retail client accounts making net losses of $14 million in aggregate. In addition, they explained that loss-making retail client accounts made…
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Ending client equity came in at $310.1 billion, 15% below the prior year and 1% softer than the prior month. In addition, ending client margin loan balances were $43.1 billion, a 13% decrease compared to the previous year and 2% above the preceding month. Furthermore, Interactive Brokers had 1.99 million client accounts, representing a 33%…
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Darwish has been promoted to the role after more than three years as the firm's Global Head of Brokerage. In that role, he was responsible for developing the brokerage's institutional and retail client base. "Alla has been a great asset to the company over the years, his hard work and dedication along with his track…
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However, despite the rise in net income, and value of trades, the number of trades fell by 2% to 28.7 million from 29.2 million in the first half of 2021. In addition, the number of active clients declined 17% to 33,493, and the number of active accounts fell 15% to 41,227. Admirals stated that the…
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The Founder and Chief Executive Officer of FairXchange, Guy Hopkins, commented that being part of United Fintech has opened up new opportunities for FairXchange, including the creation of the new COO role. He added that the firm is "thrilled" to have Bradford on board, with his track record speaking for itself with "deep experience and…
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