Brokerage News & Updates

Markets.com, the retail arm of prime broking, clearing and liquidity provider Finlato, will no longer offer its Investment Strategy Builder service to its customers. The strategy builder tool allowed clients to design and build their own bespoke investing and trading strategies, or to select from a series of pre-built portfolios that offered exposure to a

Capital.com the FCA, ASIC, and CYSEC regulated, forex trading platform, which was founded by Belarusian entrepreneur Viktor Prokopenya, has unexpectedly lost a key member of staff. Capital.com’s CEO Jon Squires has resigned from the broker and its sister company, crypto exchange Currency.com. The resignation comes as something of a surprise given that Capital.com had been

Back in April 2015 online trading giant Interactive Brokers acquired a Boston-based startup called Covestor. And after seven years of incubation and development, it’s been reincarnated under the brand of Interactive Advisors. What is Interactive Advisors? Interactive Advisors is a Roboadvisor that uses modern technology to help clients meet their investing goals. The investment platform

StoneX Group, the owner of Gain Capital and forex broker City Index, updated the market on its recent performance this week, with the release of its Q2 2022 results, a period which ended on March 31st. Quarterly operating revenues rose by +16.0% to $544.70 million whilst net income for the quarter came in at $64.0

IG Group, one of the UK’s largest CFD trding platforms and Spread Betting brokers, is to start offering single stock options on its MyIG dealing platform. The broker will initially offer options with weekly and monthly expires, over a range of 12 US equities, that includes Apple, Amazon, Netflix, Tesla and Nvidia. IG has a

Israeli based and London listed CFD trading platform, Plus500 experienced some turbulence at its recent AGM. What happened at the AGM? Plus500 held its AGM or Annual General Meeting on Tuesday, and the group provided investors with a trading update ahead of the meeting. The statement was upbeat, with management saying that the firm was

IG Group has written to its investing and share dealing customers regarding a change of entity, under which the business that houses and administrates unleveraged investment and share trading activities, will change from IG Markets to a newly formed, but wholly-owned subsidiary of IG Group, called IG Trading and Investment Limited. IG Trading and Investment

eToro the Israeli-owned trading platform, best known for its social and very high-risk crypto trading is increasing the cost of converting money when clients deposit and withdraw money. Specifically as of May 5th, the FX conversion fee will rise to 150 pips for all payment and transfer methods, other than bank wires, where the fees

I had a chance to look at what might be the future of ESG investing last week in the company of Edward Soffer, ESG manager for Interactive Brokers. Edward is based in the US and is working on some very interesting and exciting projects he was kind enough to walk us through one of these.

The European arm of Royal Bank of Canada, RBC Capital Markets, has published a research note on spread betting broker IG Group and the bank’s analysts like what they see. What is RBC saying about IG Group? RBC’s base case is that IG Group is fundamentally undervalued at its current level, the shares were trading

US investment bank Jefferies has published a research note on the UK’s largest and some argue best investment platform, Hargreaves Lansdown. Jefferies has updated their coverage of Hargreaves Lansdown in an 11-page note the upshot of which is that the broker has downgraded the investment platform to underperform from its prior rating of hold, and

Israeli-based but London-listed forex broker Plus500 has expanded into one of Asia’s biggest markets. Plus500 Acquires EZ Invest Securities Plus500 has acquired EZ Invest Securities a business that has type one regulatory permissions from Japan’s Financial Services Agency, the FSA. EZ Invest Securities is also a member of the Japan Securities Dealers Association (JSDA) and

IG Group, the largest of the UK listed online trading platform published its third-quarter revenue update this week. What information was contained in the report? The report provided the markets with an insight into the current performance of the business, as it covered the period up until the 28th of February, which represents the third

CMC Markets the CFD broker and forex trading platform announced its intention to buy its own stock in the market, with an RNS announcement on March 2nd, and it will spend up to £30 million on the purchase of CMC Markets stock which trades in London under the ticker CMCX. In its inaugural trade, on

Hargreaves Lansdown the UK’s largest D2C savings and investment platform has raised the interest rate available to new Cash ISA customers. Hargreaves Lansdown cash ISA interest rates Hargreaves Lansdown has raised the interest rates that new customers can expect to receive on cash ISAs at the firm. The rate has been hiked by 20 basis

Interactive Brokers the US online trading platform and investment account that has an active presence in the UK, Europe and Asia has launched a new mobile trading tool designed to simplify trading in stocks around the globe. Interactive Brokers has launched a new trading app called IBKR GlobalTrader which can be downloaded for free from