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 …
iS Prime, a prime-of-prime broker, and retail FX/CFDs broker ThinkMarkets have settled their exclusivity lawsuit at the last minute. The settlement was reached on Tuesday, the expected trial date, according to Law360. In 2017, iS Risk (formerly known as IS Prime Risk Services), the risk management unit of iS Prime, acquired Think Liquidity from ThinkMarkets. …
The Swiss interdealer broker and operator of a Japanese retail broking giant, Compagnie Financière Tradition (CFT), released its financial report for the first quarter of 2023. The company recorded a consolidated revenue of CHF 271.6 million which showed a 9.6% increase from the previous year’s CHF 247.7 million, or a 14.3% increase when adjusted for …
The UK Financial Conduct Authority’s Market Watch report highlighted deficiencies in surveillance among contracts for difference (CFDs) providers. The report found that nine CFD providers in the country are not adequately addressing market abuse risks in non-equity asset classes. Even though the regulator’s findings were mostly positive and showed that all the CFD providers under …
FCA Identifies “Surveillance Gaps” in UK CFDs Providers Read More »
On Wednesday, ThinkMarkets announced its grand expansion into the Asia Pacific (APAC) region by establishing a new entity in New Zealand. New Zealand’s Financial Markets Authority (FMA) will regulate the new entity. Such an expansive move will have far-reaching implications for this multi-asset online broker based in Australia. The Australia-based broker ThinkMarkets is taking its …
Trade Nation, a provider of forex and contracts for differences (CFDs) services, has expanded its sports sponsorship initiatives with the latest acquisitions of England cricket clubs – Hampshire Cricket and Southern Vipers. Trade Nation is now an official sponsor for both clubs as part of this mutually beneficial arrangement. All three Hampshire men’s and Southern …
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