The company said CFI Prime provides access to deep liquidity pools sourced from Tier-1 banks and top Prime-of-Prime brokers. The platform is also expected to deliver a broad range of asset classes through a single connection, while its low-latency hubs ensure fast execution. “CFI Prime marks a significant milestone, enabling us to provide sophisticated services…
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The firm announced the news on Thursday, saying it expects to complete the sale in the second half of 2025, with 3,600 customers and £3.2 billion in assets under administration transferring to InvestAcc. Under the agreement, AJ Bell will receive £18.5 million upon completion, comprising £17.5 million in cash and £1 million in new InvestAcc…
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The brokerage said the service is set to launch later this year and will provide a range of private banking-style benefits, including high-yield savings, global money transfers, and exclusive event access. According to Deepak Rao, GM and VP of Robinhood Money, “With Robinhood Banking, we’re trying to solve many of the challenges presented by legacy…
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The brokerage highlighted Hegeman’s extensive expertise in digital advertising, product development, and business strategy. Hegeman currently serves as Chief Revenue Officer at Meta, where he leads the company’s global monetisation strategy. Since joining Meta in 2007, he has reportedly played a key role in shaping its advertising business, overseeing teams across ads, Feed, Stories, notifications,…
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The move marks a significant step towards its long-anticipated public listing. The social trading platform plans to list its Class A common shares on the Nasdaq Global Select Market under the ticker symbol “ETOR”. However, the company has yet to disclose key details such as the number of shares to be offered and the expected…
Read moreThe move marks the company's expansion into India's futures trading market. Mehta Equities, founded in 1995 by Rakesh Mehta, provides broking services, portfolio management, investment banking, and custodian services. It is regulated by the Securities and Exchange Board of India (SEBI) and holds memberships with key Indian exchanges, including the National Stock Exchange (NSE) and…
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The Swiss-based interdealer broker revealed an operating profit rise of 23.2% at constant exchange rates to CHF 152.4 million, while net profit attributable to the group surged 27% to CHF 115.6 million. Basic earnings per share climbed 23.2% to CHF 15.09. CFT’s interdealer broking business, which accounts for the majority of its operations, generated CHF…
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At launch, the online brokerage said that traders would be able to speculate on the Federal Reserve’s interest rate decision for May and the men’s and women’s College Basketball Tournaments. “We believe in the power of prediction markets and think they play an important role at the intersection of news, economics, politics, sports, and culture,”…
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The online trading provider said total revenue for the three months to 28 February 2025 rose to £268 million, with trading revenue up 15% year-on-year to £235.3 million. Growth was said to have been supported by a 2% increase in active clients and higher revenue per client, the company said. "Q3 revenue growth reflected stronger…
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The company said the expansion allows traders to access Micro Corn, Micro Soybean, Micro Soybean Oil, Micro Soybean Meal, and Micro Wheat futures, offering greater flexibility in agricultural markets. John Bartleman, President and CEO of TradeStation Group, Inc., highlighted the advantages of these new contracts: “We are excited to expand our futures offerings with CME’s…
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