Interactive Brokers Posts A 13% Revenue Increase Amid Growing Customer Numbers
Interactive Brokers posted solid financial results during the first quarter of the year that ended March 31, 2024. The brokerage company's financial results recorded a positive performance driven by increased revenue and earnings. The net revenues jumped by 13% to...
Binance US Onboards Former Fed Compliance Chief on Its Board
Binance US has onboarded Martin Grant to its Board of Directors as the cryptocurrency exchange continues to revamp its operations to remain compliant in the US. Grant comes with expertise in compliance having served as the former Chief Compliance and...
Saxo Bank Engages Investment Advisers As It Considers Sale
Saxo Bank is considering selling its business, and it is already consulting with investment bankers on the options available. Saxo Bank has been struggling to remain afloat since a planned merger failed in 2022. The Danish bank is now contemplating...
Fintech Industry Emerges As the Most Funded In the UK
The fintech industry has emerged as the most funded sector in the UK. This sector secured the most investment from the venture capital (VC) industry in 2023. During the first three months of 2024, fintech companies in the US secured...
CMC Invest Strengthens UK Services With Personal Pension Solutions
CMC Invest, the Stock Trading branch of CMC Markets, is expanding its offerings in the UK by launching a Self-Invested Personal Pension (SIPP) program. Announced earlier this month, this new service is introduced as a fixed-price product in partnership with...
RoboMarkets and BMW M Motorsport Gear Up for 2024-2025 Season
RoboMarkets a European brokerage company, has announced the expansion of its collaboration with BMW M Motorsport for the 2024-2025 Deutsche Tourenwagen Masters (DTM) seasons. It is worth noting that the company has been in partnership with the motorsports team since 2019, offering RoboMarkets with brand experience...
Bitpanda Join Forces With LBBW For Crypto Asset Custodial Solutions
Landesbank Baden-Württemberg (LBBW), the state-supported bank in Germany, has announced its plans to enter the cryptocurrency custody industry. In a tactical decision, LBBW has revealed a collaboration with Bitpanda, a crypto exchange platform in Australia to advance this initiative. The...
Broadridge Facilitates SBI Securities’ Access To UK Market
SBI Securities of Japan is set to join the UK equities brokerage market as a new player in a collaborative effort with Broadridge Financial Solutions to introduce its services in the region. The move is centered on the existing partnerships...
Winklevoss Brothers Acquire Ownership Of Real Bedford FC
The combination of sports sponsorship and cryptocurrency has intensified as a non-league English football club, Real Bedford, received a $4.5 million Bitcoin investment from Tyler and Cameron Winklevoss. The two financiers are the twins that created the blockchain trading platform...
Banking and Finance Among Focus Areas in UK’s Smart Data Roadmap
The UK government has revealed its Smart Data Roadmap, rolling out strategic plans for smart data initiatives across seven areas. In order to implement these plans, the government will derive its authorization from the Data Protection and Digital Information Bill,...
GCEX Boosts UAE Operations With New Sales Director
GC Exchange FZE (GCEX), an online prime brokerage and branch of the GCEX Group, has revealed the that it has appointed Katina Messinis as its latest Sales Director for the United Arab Emirates. Messinis brings a lot of experience in...
Cryptocurrency Trader Accused Of Orchestrating A $110 Million Fraud
A crypto trader has been charged with fraud regarding a $110 million market scam. A federal jury found Avraham Eisenberg guilty in New York following accusations by prosecutors of rigging the price of particular perpetual Commodity contracts on the Mango...
ECB Is Ready To Slam Fine On UniCredit For Its Business Dealings With Russia
The European Central Bank has once again shown that it’s not taking its sanctions against Russia lightly. The European banking regulator has ordered UniCredit to stop its business relations with Russia as the sanctions against the country for invading Ukraine continue. The...
Manchester Digital Sets To Boost Fintech In The Northern Region
Manchester Digital has announced the launch of its new Manifesto for the Northern Tech Economy. The digital launch is in preparation for the Manchester Mayoral elections coming on May 2, 2024. The idea is to create a new body that will improve investment, innovation, and skills...
Aussie Broker Axi Extends Collaboration with Esporte Clube Bahia
Axi, a forex and contracts for differences (CFDs) broker whose headquarters are in Australia is extending its sponsorship deal with Brazilian football club, Esporte Clube Bahia. The deal comes as the brokerage platform leverages the benefits that come from sports...