Broker News | Plus500 Ends Q1 with a 64% QoQ Revenue Rise

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Broker News | Plus500 Ends Q1 with a 64% QoQ Revenue Rise

#Industry
01 Italy Expands Warning List by Adding FXAlta, NewFX and More

None of these platforms is authorized to operate in Italy or any other EU country.
Italy now blocks 879 illegal platforms.

02 News Nuggets | 18 April: Apple Offers Savings Account; eToro Adds Google Pay
Also, Matrixport's partnership with SignalPlus and Ryan Reynolds' investment in Nuvei.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.

03 Duty Calls: How to Prepare to FCA's New Regulation
A new milestone of UK's "consumer duty" will come into effect on April 30.
What is the duty, What documentation would I need and what to do if I'm not prepared - questions and answers.

04 FX/CFDs Broker Kohle Capital Markets Rebrands to KCM Trade
The rebranding came as the broker eyes Southeast Asian expansion.
It will open offices in Vietnam, Indonesia, and the Philippines.

 

#Broker

01 Jordan FA Cup to Be Renamed as CFI Partners Football Association

CFI will sponsor all major leagues under the JFA.
The brokerage sponsored the recent Mubadala World Tennis Championship.

02 Spectrum Markets’ Q1 Order Book Turnover Exceeds €1 Billion
The platform handled 447 million securitized derivatives trades in the quarter.
34.4 percent of the traders were executed outside traditional hours.

03 ThinkMarkets Bolsters APAC Foothold with New Zealand License
The broker launched in Japan in March 2022.
ThinkMarkets secured $30M early last year to boost its expansion.

04 Plus500 Ends Q1 with a 64% QoQ Revenue Rise
The figures slipped year-over-year but came in line with market expectations.
Its EBITDA for the quarter came in at $100.9 million.

 

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