Following the acquisition by IG Group, Freetrade is facing backlash from its early investors as the £160 million cash deal was more than a quarter lower than its previous fundraising valuation, Sky News reported.Significant Valuation CutHowever, a...
Plus500 (LSE:
PLUS) will join the
STOXX Europe 600 Index effective January 17, 2025, marking the latest milestone
for the multi-asset trading platform provider. The announcement coincided with
the company's shares reaching 2,770 pence on the London...
IG Group (LON: IGG) has acquired Freetrade, a commission-free investment platform, for £160 million to further expand its offerings in the United Kingdom. According to the announcement today (Thursday), the deal will be funded in cash from IG’s...
Tomasz Horaček is leaving his role as the head of IG
Group's global service centers after serving for four and a half years. Today (Tuesday), the executive bid farewell, leaving
behind a legacy of resilience and growth within the company's...
Deus X
Capital, a $1 billion digital assets and fintech investor, announced today (Monday)
the launch of Deus X Markets, a new brokerage technology provider aimed at
transforming market access.The newly
formed company, helmed by former IG Group...
XTB's CEO Eyes Super App as 80% of New Clients Pick Stocks, ETFsXTB has spent nearly two decades building its position as one of the leading contracts for difference (CFD) brokers. In recent years, however, the company has been doing everything to...
U.S. retail forex trading volumes fell 3.6% in November 2024
compared to October, with IG US recording the sharpest monthly decline among
major brokers, according to the latest report from the Commodity Futures
Trading Commission (CFTC).IG US Leads...
XTB has
spent nearly two decades building its position as one of the leading contracts for difference (CFD) brokers. In recent years, however, the company has been doing everything to
shed its CFD-only image, seeking clients in increasingly broader...
UK-based London Capital Group (LCG) expects to return to profitability in the second half of 2024 despite reporting an annual loss of over £6 million in 2023, according to its latest Companies House filing. The anticipated turnaround is attributed...
CMC Markets (LON: CMCX) has kicked off 2025 with the announcement of several executive appointments at its Singapore hub, although most of the decisions were finalised last year. The brokerage firm has promoted Christopher Forbes to Head of Asia,...
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