The rotation in stock markets has started to happen - Hang Seng and Dax indices have tumbled from previously achieved peaks, getting in sync with overall bearish trends of S&P 500 and Nasdaq. Tariffs remain to be the most threatening factor for global markets weighing on sentiment. CNN’s Fear and greed index remains to indicate…
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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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Precious metals trading grew 32.73% compared to Q4 2023, driven by increased demand for safe-haven assets. Indices saw a 62.09% rise, reflecting heightened market volatility. Stocks surged 27.08% from Q4 2023, with an exceptional 382.24% increase from Q3 2024, highlighting strong investor interest. Meanwhile, cryptocurrency trading expanded 8.47% compared to Q4 2023, maintaining steady momentum…
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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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The majority stake was previously held by Geely Financials Denmark and Mandatum Group. Saxo Bank will continue to operate as a standalone entity, with founder and CEO, Kim Fournais, retaining approximately 28% ownership. Fournais will also continue as CEO. The acquisition is aimed at strengthening both companies, combining J. Safra Sarasin’s wealth management expertise with…
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The companies said in a press release that the app is aimed at making copy trading more accessible for traders of all levels. The app allows users to follow and replicate the strategies of top traders in real time, directly from their mobile devices. They explain that the platform integrates Brokeree’s desktop Social Trading solution,…
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As Global Head of Trading & Risk Management, Paresh will oversee ATFX’s trading operations, liquidity strategies, and risk controls. His focus will be on strengthening risk management systems, expanding product offerings, and securing top-tier liquidity to enhance ATFX’s trading environment. By optimizing trade execution, refining risk frameworks, and broadening market access, he aims to further…
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Exclusive Markets said Monday that it has officially expanded its presence in the Middle East and North Africa (MENA) region with the opening of a new representative office in Dubai. The company said it is also launching a special offer for Ramadan, offering traders the chance to win a VIP trip to Dubai and other…
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