UP Fintech (Nasdaq: TIGR), the operator of Tiger Brokers, announced on Friday the completion of the acquisition of Ocean Joy Securities Limited, which holds Type 1 and Type 2 licenses from the Hong Kong securities market regulator. The Type 1 license allows Hong Kong companies to deal in securities, whereas […]

Plus500 has expanded its ongoing share buyback program, allocating an additional $12.6 million to acquire ordinary shares from the open market. This is a continuation of the company’s existing stock repurchase program under which it already bought $12.6 million worth of shares from mid-August until October 27. The ongoing program […]

A group of Robinhood traders has approached a US court seeking certification of class against the trading platform for its repeated outages during the market volatility of spring 2020. As reported by Law360, the class certification represents nearly 7 million funded account holders on the commission-free brokerage platform. Accounts with […]

Sports sponsorships remain popular among the trading platforms as IC Markets become the latest forex and CFDs broker to ink partnership deals with six German football clubs. The sponsored clubs are Bayer Leverkusen, Hertha Berlin, FC Augsburg, Arminia Bielefeld, Greuther Fürth and VfL Bochum, all of which are playing in […]

Rakuten Securities Inc, a major Japanese broker and a subsidiary of Rakuten Group, published its consolidated financial results for the first nine months of 2021, from January till September. The broker generated 21.9 billion yen as revenue for the third quarter of the ongoing fiscal. That was a jump of […]

Poland-based X-Trade Brokers, better known as XTB, has released on Monday its preliminary financial and operating results for the third quarter of the year, noting a strong consolidated net profit in the period. According to the report, it netted PLN 101.5 million compared to PLN 68.4 million in the same […]

GMO Financial Holdings, a subsidiary of Japanese conglomerate GMO Internet, released its preliminary consolidated financial results for the first nine months of the year, ending on September 30, showing substantial gains across revenue and profits. The operating revenue of the company in the period skyrocketed to more than 33 billion […]

The South African Supreme Court of Appeal (SCA) passed a judgment on Wednesday, stating the country’s financial market regulator was wrong in shutting down online broker JP Markets. The Financial Sector Conduct Authority (FSCA) first moved against JP Markets, then the largest brokerage in the country, by suspending its license, […]

Nukkleus, Inc., the operator of FXDD Trading and FXMarkets brands, has gained exposure in the digital asset arena by acquiring 5 percent of the issued and outstanding ordinary shares of Jacobi Asset Management Holdings Limited, which recently gained approval for a Bitcoin exchange-traded fund (ETF). As detailed in an 8-K […]

Grzegorz Jaworski, CEO of Conotoxia, which operates Cinkciarz.pl and a few other brands, recently revealed some of the future prospects of the company that include plans for geographical and product expansion. The revelation was made after the company opened a branch in Poland as a part of its broader European […]