The UK's Financial C...from in9028

07 Mar 2024, 05:52 · Views 322

The UK's Financial Conduct Authority (FCA) plans to increase transparency in its company investigations. This includes naming companies under investigation and reviewing whistleblower policies. The goal is to encourage witnesses, deter misconduct, and improve market transparency. .

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Admiral Markets reported mixed financial results for the first half of 2023. Despite a significant increase in active clients and accounts, the company posted a net loss of EUR 3.9 million. Commodity CFD products accounted for 27% of total gross trading income. The company's CEO, Sergei Bogatenkov, mentioned the importance of partnerships and potential mergers and acquisitions for growth. Alexander Tsikhilov has taken over as CEO, bringing continuity and experience as one of the brokerage's co-f

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Well, Interactive Brokers Group, Inc. (Nasdaq: IBKR) reported strong growth in January. They saw an 11% increase in Daily Average Revenue Trades (DARTs) compared to last year and a 12% increase from the previous month. Client equity reached $424.0 billion, up 26% from last year. Client accounts grew by 23% to 2.63 million. The company's financial report for Q4 2023 also showed impressive growth, with net revenue reaching $1.139 billion and income before tax rising to $816 million. Commission rev

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