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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The collaboration aims to enhance trading experiences for clients and improve liquidity distribution across financial markets. Centroid is a fintech provider known for its advanced technology and infrastructure in capital markets. Sky Links said that by integrating Centroid's technology, it plans to offer clients enhanced trading capabilities, real-time analytics, and superior decision-making tools. "The move…
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The online trading provider said ATFunded was created with a focus on the traders potentially using the platform, providing them with the potential for a sustainable, long-term pathway to funding, as well as various features to help improve the trading experience. In an interview on the ATFunded Website, ATFX chairman Joe Li said the prop…
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The multi-year collaboration was announced Monday, with Aston Martin Aramco saying it aligns the values of both organisations "to continually improve, break boundaries, and perform at the highest level in their respective arenas." The collaboration will see Pepperstone's branding displayed on the AMR25 car, set to debut in the 2025 F1 season. With the growing…
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Beginning January 3, 2025, the company said the enhancement aims to provide broader trading opportunities for traders. The Tradingcup platform, launched in early 2024, has quickly gained traction, with 3,321 total signals, $53.2 million in invested funds, and $176,100 in performance fees paid out. There has also been $13,200 in total subscription fees. With the…
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The court is said to have ruled that collapsed Union Standard International Group Pty Ltd (USG), along with its former authorised representatives BrightAU Capital Pty Ltd (trading as TradeFred) and Maxi EFX Global AU Pty Ltd (trading as EuropeFX), engaged in systemic unconscionable conduct and other legal breaches, resulting in customer losses exceeding $83 million…
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The renewal was celebrated at an event attended by Nikos Antoniades, CEO of easyMarkets, and Emilio Butragueño, Real Madrid's Director of Institutional Relations. The renewed alliance aims to deliver exclusive experiences for clients in key markets while promoting a shared ambition and a winning mentality. Real Madrid, the most valuable football club in the world…
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