Steffy Bogdanova
LeapRate Analyst

Experienced writer and journalist, working in the global online trading sector, Steffy is the Editor of LeapRate. She has previous experience as a copywriter and has been with the company since January 2020. Steffy has a British and American Studies degree from St. Kliment Ochridski University in Sofia.
May 18, 2023 BY Steffy Bogdanova

Trade.com's UK operator reports surge in revenue of 216% in 2022

In 2022, TCUK achieved a gross profit of £508,806, considering direct expenses of £250,434 on its total revenue. However, the company did not generate income from other streams during that year, whereas it earned £60,812 as "other operating income" in 2021. Notably, the company effectively reduced its administrative costs from £408,100 to £354,237, further contributing…

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Cornerstone revenue
May 17, 2023 BY Steffy Bogdanova

Cornerstone FS sees 110% revenue increase in 2022

Revenue from foreign exchange and payments services were key contributing factors, specifically from spot and forward transactions, which made 92% and 8% of revenue respectively. In comparison, spot brought in 89% during the prior year and forwards - 11%. In 2022, the Group expanded its payments capabilities and the currency pairs rose from 42 to…

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TP ICAP
May 17, 2023 BY Steffy Bogdanova

TP ICAP reports 2% increase in revenue in Q1

Energy & Commodities activity increased 3% in the quarter. The numbers were driven by by the improvements in "market conditions, and liquidity, in European Gas & Power." Parameta Solutions, which offers data & analytics and post-trade solutions, registered a 7% growth (15% in reported currencies) in revenue. The announcement noted that the division's goal is…

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Market Analysis
May 17, 2023 BY Steffy Bogdanova

Daily Report: Commodities displaying bearish tone

WTI Oil Daily Timeframe. The price of oil has been on a downward slide since topping at $126.35/bbl, pencilling in a series of lower lows and lower highs since March 2022. I did note that since the unit chalked up a lower low at $63.94 (4 May), a move which reaffirmed the market’s bearish bias,…

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Sucden Financial
May 16, 2023 BY Steffy Bogdanova

Sucden Financial reports net revenue of £69.5 million in 2022

Profit before tax was also mostly the same as last year, at £18.4 million, growing by 0.6%. Marc Bailey, Sucden Financial CEO, said: Sucden Financial delivered another strong performance in 2022, driven by the hard work and expertise of our people and the positive impact of our ongoing strategic initiatives. Our sustained investment in technology…

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May 16, 2023 BY Steffy Bogdanova

HYCM announces commission-free investing in stocks

The product selection includes a wide variety of assets spanning across all GICS stock categories. This encompasses shares of well-known companies like Apple, Amazon, Microsoft, Netflix, Tesla, Meta, Nvidia, Exxon Mobile, Berkshire Hathaway, and many others. Stavros Lambouris, CEO at HYCM International commented:   Stock offering, in general, is not a new product but is…

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May 15, 2023 BY Steffy Bogdanova

Weekly data: GBPUSD & USOIL action before GDP data

On the technical side, the price on the cable chart has found resistance on the upper band of the Bollinger bands and has since corrected to the downside, with today's candlestick ticking to the upside at the time of this report. The 50 SMA has crossed is still trading well above the 100 SMA, indicating…

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May 15, 2023 BY Steffy Bogdanova

ThinkMarkets to go public through a SPAC deal in Canada

ThinkMarkets specializes in providing retail trading services and has expanded its institutional presence through a liquidity provisioning platform launched in 2021. The recent announcement highlighted that the broker serves 138,500 clients across 165 countries. It experienced a compound annual growth rate (CAGR) of 24 percent and generated $62 million in revenue in 2022. As part…

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