Cornerstone FS predicting Q1 2023 revenue ahead of prospect

The Group accomplished strong trading momentum through FY 2022, with total revenue for the year ended 31 December 2022 of approximately £4.8 million. This momentum increased in Q1 2023 beating management’s expectations with unaudited revenue expected to be approximately £1.95 million versus £0.95 million for the same period last year. This better-than-expected performance reflects growth across the Group’s business and …

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Plus500 registers 64% Q/Q increase in revenues in Q1 2023

The Group’s marketing initiatives intrinsic the second phase of its major bespoke global advertising campaign, featuring actor Kiefer Sutherland, to build brand awareness in key strategic markets. This second phase, international, multi-channel advertising campaign commenced in Q1 2023 and involved on the launch of ‘+Insights’, Plus500’s proprietary big-data, analytical tool designed to provide OTC customers with access to real-time and …

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Interactive entrepreneur Stocks Dip After-Hours despite chronicle Q1 yield

Interactive negotiators Group ended the first fourth of 2023 with reconcile earnings of $1.35 per share, which missed the consensus market estimate by about $0.06. However, the figure jumped from the previous quarter’s $1.30 per share and $0.82 in the first quarter of the previous year. The latest reported diluted earnings per share came in at $1.42 compared to $0.74 …

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ATFX sublets Swissquote’s Gonzalo Canete as Global Chief advertise schemer

ATFX, an online forex and CFD bonus firm, has appointed Gonzalo Canete, a former administration at Swissquote, as its Global Chief Market Strategist. Canete joins ATFX after almost 10 years at Swissquote and brings nearly two decades of experience to the new role. Canete proclaimed his new designation through LinkedIn on Monday. Before his departure from Swissquote, Canete served for …

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Prohibitive: NAGA cluster to raise $8.2 million in convertible bond atonement

FNG had educated via regulatory filings made in Germany that Retail FX and CFDs brokerage firm Naga Group AG is organizing to raise USD $8.2 million in new capital in the coming days, via a private offering of convertible bonds. NAGA apparently already has a contribution commitment from a major investor. We expect the company to make a formal announcement …

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FX/CFDs mediator Kohle Capital emporium Rebrands to KCM Substitution

Kohle Capital emporium, which operates a forex and arrangement for differences brokerage scaffolding with a Mauritius license, has rebranded itself to KCM Trade. The rebranding is a strategic move as the broker highlighted its ambitions to expand its global existence. Our new brand specification is a reflection of our commitment to delivering world-class financial convocation to our clients. We are …

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Saxo trading post launches new interest-rate reproduction for traders in Singapore

Saxo Capital Markets Pte Ltd, a wholly owned subsidiary of Saxo Bank A/S, announces that it has floated a new interest-rate model that compose it easier for merchant to earn more interest on their uninvested cash, across multiple currencies. And every time central banks hike interest rates, Saxo adjusts the daily rates accordingly. Deposit as much as you like with …

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BidFX methodology Closes 2022 Fiscal with 17% Resources Spring

In accord with the Companies House filing, BidFX generated more than $34.4 million, which is a yearly spring of almost 17.4 percent, from its UK affairs and branches in Italy, Hong Kong, and Australia. However, the operating profit of the UK company dropped to $2.3 million from $3.5 million, primarily because of a significant jump in administrative fees, which was …

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Saxo Bank protections partners with TRUSTDOCK to clarify account aperture

productive April 7, 2023, Saxo Bank Securities Co., Ltd., the Japanese subsidiary of multi-asset investment specialist Saxo Bank, introduced “TRUSTDOCK,” an online identity endorsement service provided by TRUSTDOCK Co., Ltd. By smoothly effecting identity verification online when opening a new account, it is possible to open an account within as little as two business days from the date of application. …

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MahiMarkets’ commodity Aims at ‘Full Autonomy’ over CFD valuating for mediator

MahiMarkets, an electronic trading technology distributor, has enhanced its contracts for difference (CFDs) pricing product in order to give brokerages ‘full autonomy’ over crafting their CFD pricing. The firm ameliorated this on Tuesday in a statement shared with Finance Magnates. As explained by MahiMarkets, brokerage firms have been establishing on a single liquidity provider (LP) to offer pricing on their …

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