Broker Trading

Broker News

Axi Expands Manchester City FC, Adds Women’s Team

Australia-based FX/CFDs broker, Axi (formerly known as AxiTrader) recently extended its partnership with the renowned English football club Manchester City FC. Interestingly, it has also broadened its sponsorship rights to include Manchester City’s women’s team! In September 2020, Axi joined forces with Manchester City FC in a multi-year agreement just as the broker started its …

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Broker News

Plus500 Initiates a $70 Million Share Buyback Program.

On Tuesday, Plus500 initiated its share repurchasing program of $70 million, which it disclosed earlier in the month. This buyback involves a total value of $42.4 million through the final share buyback program and a special repurchase of $27.6 million. As profits skyrocketed in 2022, the broker launched a $100 million distribution plan among its …

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Broker News

Online Broker Tastyworks Rebrands to Tastytrade

The renowned online broker Tastyworks rebranded itself as Tastytrade. The robust platform allows retail investors to trade in futures, options, and cryptocurrencies from one convenient location. On Wednesday, Tastyworks proudly proclaimed its brand-new development in a press release. They have announced that they will transition to the Tastytrade branding over the upcoming weeks and also …

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Broker NEws

ThinkMarkets’ New Security Feature Fights Fraudulent Calls

ThinkMarkets, an international digital broker based in London and Melbourne, is delighted to reveal a new security feature. The feature will assist customers in protecting themselves against the countless fraudulent calls plaguing online traders.  Yesterday, they announced introducing a one-time password (OTP) endorsement into their contact process as an additional layer of verification. The innovative …

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Broker News

Compagnie FT Ends Q4-2022 with 8.9% Revenue Rise.

During the Q4 of 2022, Compagnie Financière Tradition (CFT) experienced a steady rise in revenue. The Swiss interdealer broker and operator of a Japanese retail broking giant reported consolidated earnings at CHF 231.1 million.  It was an 8.9% increase from the previous year’s figure after being adjusted for currency fluctuations. The rise is remarkable progress …

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Broker News

Swissquote Records CHF 185M Pre-Tax Profits in 2022

On Thursday, Swissquote reported that their total revenue and pre-tax profit for 2022 were far above the projected minimums of CHF 400 million and CHF 185 million, respectively. The online broker’s results are notably lower than their high watermark established in 2021. The annual net revenue was CHF 472 million, and pre-tax profit stood at …

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Broker News

Interactive Brokers Sees Uptick in Accounts, Drop in DARTs

In December 2022, Interactive Brokers Group, a reputable US electronic trading platform with an international reach, released its performance metrics. Last month, the Daily Average Revenue Trades (DARTs) reached 1.751 million – a decrease of 10% from the previous month and 21% lower than in December 2021. The Group’s other financial indicators have experienced significant …

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