Category: Broker News

Broker News
Broker News

Interactive Brokers (UK) Posts a Surge in 2021-Pre-Tax

Interactive Brokers (UK) Limited recently released its financial results for the year ended 31 December 2021, posting a pre-tax profit of £22 million. The 43% surge in profit before taxation is attributed to a sharp

Broker News
Broker News

eToro Starts Onboarding South African Clients

eToro, a retail brokerage platform, announced that it is onboarding new clients from South Africa. The platform is registered under a United Kingdom-based entity, eToro (UK) Ltd, which is regulated by the Financial Conduct Authority

Broker News
Broker News

CySEC Initiates  ICF Compensation for Maxigrid Clients.

On Tuesday, the Board of the Cyprus Securities Exchange Commission announced that it had initiated the process of compensating clients of Maxigrid Ltd under the Investors Compensation Fund. They made the decision on March 28

Broker News
Broker News

Interactive Brokers Launches Fractional Trading

A major trading platform in America, Interactive Brokers, has launched fractional shares for European stocks and ETFs. Clients can now invest without having an entire share worth of commitment as they only need to put

XTB MENA Adds Crypto CFDs to Extend Its Portfolio
Broker News

XTB MENA Adds Crypto CFDs to Extend Its Portfolio

XTB MENA, the brand under which Polish broker XTB operates from Dubai, has extended its offering to clients by adding cryptocurrency contracts for differences (CFDs) instruments. The new trading instruments have already been listed and

Broker News
Broker News

StoneX Executes First BTC Cash-Settled Swap

StoneX announced the successful execution of its first cash-settled BTC/USD swap. The counterparty to the trade was Liquidity Solutions Global, a London-based subsidiary of DriveWealth Holdings and a liquidity provider to multiple cryptocurrency exchanges. USD

Broker News
Broker News

UK Court Allows ThinkMarkets Counterclaims against IS Prime

A British court has rejected IS Prime’s attempts to strike out the majority of ThinkMarkets’ counterclaims. The counterclaims allege that the Defendants breached their contract by executing trades with third parties. The court agreed that

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