Broker News | CMC Markets Ends H1 with a Loss: Trading Revenue Tanks 32%
01 Cyprus Investment Firms Witness 53% Decline in Assets amid Geopolitical Disruptions
Currency fluctuations contributed to this decrease.
CIFs' clients increased 26% to 4,147,949 between 2021 and 2022.
02 CFI Strengthens Middle East Presence with Second UAE License
The license positions the firm for expansion in the Middle East and wider MENA region.
Earlier, the firm inked a one-year sponsorship deal with English football club Sheffield United.
03 FX and CFDs Revenue of StoneX Declines in Q4: ADV Takes 11% Hit
The quarterly operation revenue from FX and CFDs was $79.2 million.
The decline in the trading activity primarily made a dent in the revenue.
04 CMC Markets Ends H1 with a Loss: Trading Revenue Tanks 32%
The company reported a pre-tax loss of £2 million.
The number of its active clients declined 7 percent.
01 eToro Solidifies MENA Strategy with Abu Dhabi License
After more than a year, the company has obtained a full license in the UAE.
Several months earlier, it received authorization from CySEC.
02 Exclusive: XTB Hires Robotics Expert to Head a New AI Division
AI is meant to streamline not only the company's internal processes but also the users' trading experience.
However, XTB claims that adding AI everywhere can be "a dead end."
03 FXCM's New Sister Trading Platform Welcomes Vice President and CFO
Bobby Nachev is the new Vice President at Tradu.
Maryke Faulkner has assumed the role of the Group Chief Finance Officer.
04 Exploiting Online Platforms: EBC Warns against Impersonators
The firm offers the official mobile application developed by MetaQuotes and does not offer any in-house alternatives.
The UK entity does not grant authorization for providing investment recommendations.
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