TMGM, a leading brokerage firm with a substantial footprint in the Asia Pacific region, has formed a multi-year alliance with Chelsea, a renowned English football team. This collaboration is TMGM’s inaugural venture with a prominent global football club. TMGM Clinches Major Contract Chelsea unveiled this partnership recently on its website, highlighting that TMGM is now …
TMGM Inks Long-Term APAC Partnership with Chelsea Read More »
Fortune Prime Global, operating under the name of FPG Capital Group, has disclosed its purchase of GMT Markets. GMT Markets is a derivatives provider licensed in Australia, aiming to broaden its scope in forex and contracts for differences (CFDs) trading. FPG Capital Group Expands Portfolio with GMT Markets Acquisition With its main office in Melbourne …
In a strategic move to concentrate on its core business and market, Saxo Bank has sold its share in the regulatory technology (RegTech) platform, Saxo Fintech, to its biggest shareholder, China’s Geely Holding Group. The Danish investment bank declared the sale today, signalling a shift in its ownership structure. Geely Takes Full Ownership of Saxo …
Geely Group Acquires Saxo Bank’s Share in RegTech Firm Read More »
On Thursday, the US luxury electric vehicle (EV) maker Lucid Group is planning to enter the largest auto market, China. Its stock price dropped by -1.88% to $6.28 per share on June 08. Analysts have high hopes for the company as the following earnings report data is coming. Recently, their consensus shows a quarterly revenue …
On Friday, sugar prices rose in the international markets, linked to the US Climate Prediction Center’s announcement. Sugar futures for July export went up by 1.22% to $25.79 per pound on June 09’s Asian afternoon session. The El Niño weather pattern brought floods to Brazil and reduced rainfall in India, which are top-producing countries. This …
Sugar Prices Increased amid El Niño Weather Pattern Read More »
Acuity has previously partnered with ThinkMarkets, BlackBull Markets, INGOT Brokers, Equiti, EightCap, ADSS, Hantec Markets, Admirals, and Oanda. Acuity Trading and GTCFX, a Dubai-based multi-asset STP broker established in 2006, have entered a strategic partnership. The partnership aims to offer GTCFX’s customers better market research tools to support their trading decisions. GTCFX is integrating Acuity …
XTB, a retail broker based in Poland, has decided to cancel its planned share buyback program and distribute its 2022 profits as dividends instead. The company aims to boost its dividend distribution from PLN 3.25 per share to PLN 4.86 per share. In 2022, XTB made a net profit of $171.6 million, marking a …
XTB Seeks to Cancel Share Buyback to Boost Dividends Read More »
Trade Capital UK (TCUK) Ltd, the operator of the Trade.com brand in the UK, reported a yearly increase of over 216% in its annual revenue in 2022, closing with £759,240. It’s consistent with the company’s growth trend, having generated £240,009 in 2021, more than double its revenue from the previous year. Last year, the company …
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