Foreign exchange companies

Q2 2021 Retail Investing Already Outpacing 2020 Totals

Retrieved on: 
Wednesday, July 14, 2021

First half activity was much higher than 2020, despite retail investors temporarily stepping away from their screens in April and May to start re-engaging with real life as pandemic restrictions lifted and vaccination rates rose.

Key Points: 
  • First half activity was much higher than 2020, despite retail investors temporarily stepping away from their screens in April and May to start re-engaging with real life as pandemic restrictions lifted and vaccination rates rose.
  • DriveWealths Q2 Global Retail Trends Report is based on aggregated data from millions of retail investors around the world who trade fractional shares of U.S. equities through a network of global partners, including: Revolut, MoneyLion, Stake, Hatch, and Unifimoney, to name a few.
  • Retail investors were still engaged in the second quarternew account openings increased 15% in the quarter, with steady increases month-to-month, driven largely by younger investors.
  • A newcomer to the scene, Coinbase (COIN), also made an impact with retail investors as cryptocurrency trends continue to pick up steam.

MoneyGram Reports Another Strong Month of Digital Growth Amidst a Pivotal Year for the Business

Retrieved on: 
Thursday, July 15, 2021

MGO's continued growth has been driven by strong demand for its leading mobile app and high customer retention rates.

Key Points: 
  • MGO's continued growth has been driven by strong demand for its leading mobile app and high customer retention rates.
  • "Looking back at our recent accomplishments, it's clear that 2021 remains a pivotal year for MoneyGram," said Alex Holmes, MoneyGram Chairman and CEO.
  • "This rapid growth in our direct-to-consumer digital channel coupled with other exciting developments such as our strengthening financial position has put MoneyGram on a strong trajectory."
  • As demand for real-time payments and mobile wallets continues to surge, MoneyGram is well-positioned to continue to capture growth through this channel.

J.C. Flowers & Co to acquire 30% stake in LMAX Group to accelerate its future growth in FX and crypto currency markets

Retrieved on: 
Thursday, July 15, 2021

Flowers will partner to accelerate the Company's next phase of growth and innovation, and together see potential for greater penetration in the FX and crypto currency markets globally, particularly in the U.S. and Asia.

Key Points: 
  • Flowers will partner to accelerate the Company's next phase of growth and innovation, and together see potential for greater penetration in the FX and crypto currency markets globally, particularly in the U.S. and Asia.
  • I'm excited about the many opportunities that lie ahead for LMAX Group and my fantastic group of colleagues."
  • The LMAX Group is a global financial technology company and the leading independent operator of multiple institutional execution venues for FX and crypto currency trading.
  • As a leading player in global FX and crypto currency markets, LMAX Group is shaping the future of capital markets.

FP Markets Enhances Its Global Offering by Adding 550+ Multi-Country Share CFDs

Retrieved on: 
Wednesday, July 14, 2021

This new range of share CFDs is available on FP Markets Metatrader 5 platform which offers advanced functionality and fast execution for both new and experienced traders who are looking to trade the global markets quickly and efficiently on both desktop and mobile ."

Key Points: 
  • This new range of share CFDs is available on FP Markets Metatrader 5 platform which offers advanced functionality and fast execution for both new and experienced traders who are looking to trade the global markets quickly and efficiently on both desktop and mobile ."
  • In addition, to share CFDs, FP Markets offers over 10,000 trading instruments offering traders access to CFDs across Forex , Indices , Commodities , Stocks , and Cryptocurrencies , making it one of the largest offerings in the industry and offers 8 platforms including MT4, MT5 and Iress.
  • FP Markets is an Australian Regulated global Forex Broker with more than 16 years of industry experience.
  • FP Markets has been awarded as the "Global Forex Value Broker" in consecutive years (2019, 2020) at the Global Forex Awards.

CFI Adds New Markets & Now Enables Trading On Over 7000 Products Across 18 Global Markets

Retrieved on: 
Wednesday, July 14, 2021

DUBAI, UAE, July 14, 2021 /PRNewswire/ -- CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, expands its offering to more than 7000 trading products and adds new markets to the list it already covers.

Key Points: 
  • DUBAI, UAE, July 14, 2021 /PRNewswire/ -- CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, expands its offering to more than 7000 trading products and adds new markets to the list it already covers.
  • Furthermore, all new and previously offered CFDs on Stocks and ETFs are available for trading with zero commissions.
  • Earlier this year, CFI launched fractional shares and was awarded "Trading Platform of the Year" and "Best User Experience for Trading" by the prestigious Entrepreneur Magazine Middle East.
  • Expanding the range and number of products and markets we offer means our clients have access to an ever-increasing stream of opportunities.

CFI Adds New Markets & Now Enables Trading On Over 7000 Products Across 18 Global Markets

Retrieved on: 
Wednesday, July 14, 2021

DUBAI, UAE, July 14, 2021 /PRNewswire/ -- CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, expands its offering to more than 7000 trading products and adds new markets to the list it already covers.

Key Points: 
  • DUBAI, UAE, July 14, 2021 /PRNewswire/ -- CFI Financial Group, an award-winning and globally regulated trading provider enabling next-generation access to the global financial markets, expands its offering to more than 7000 trading products and adds new markets to the list it already covers.
  • Furthermore, all new and previously offered CFDs on Stocks and ETFs are available for trading with zero commissions.
  • Earlier this year, CFI launched fractional shares and was awarded "Trading Platform of the Year" and "Best User Experience for Trading" by the prestigious Entrepreneur Magazine Middle East.
  • Expanding the range and number of products and markets we offer means our clients have access to an ever-increasing stream of opportunities.

Euronet Worldwide Announces Second Quarter 2021 Earnings Release Date and Conference Call Details

Retrieved on: 
Tuesday, July 13, 2021

LEAWOOD, Kan., July 13, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc.("Euronet" or the Company) (NASDAQ: EEFT) announced today it will release second quarter 2021 earnings results prior to the market opening on Wednesday, July 28, 2021.

Key Points: 
  • LEAWOOD, Kan., July 13, 2021 (GLOBE NEWSWIRE) -- Euronet Worldwide, Inc.("Euronet" or the Company) (NASDAQ: EEFT) announced today it will release second quarter 2021 earnings results prior to the market opening on Wednesday, July 28, 2021.
  • Euronet will hold a conference call the same day at 9:00 a.m. Eastern Time to discuss the results.
  • The conference call will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com .
  • With corporate headquarters in Leawood, Kansas, USA, and 66 worldwide offices, Euronet serves clients in approximately 175 countries.

KyckGlobal and moneycorp Americas Partner to Improve Cross-Border Payments for U.S.-Based Firms

Retrieved on: 
Monday, July 12, 2021

The partnership will provision cross-border payments, specifically international ACH payments and wires, in over 145 currencies to more than 200 countries.

Key Points: 
  • The partnership will provision cross-border payments, specifically international ACH payments and wires, in over 145 currencies to more than 200 countries.
  • The KyckGlobal portal also provides an integrated payer dashboard that streamlines payee onboarding and overall management across the transaction lifecycle.
  • Powered by moneycorp, KyckGlobal will deepen their cross-border payment solutions for U.S.-based and internal-based firms requiring fast implementation and reliable connectivity to the global marketplace.
  • moneycorp Americas is a leading provider of global payments and currency risk management solutions.

IQDAX Launches Generous €1M Bonus Program for New Speculative Clients to Further Expand Its Bonus Offering

Retrieved on: 
Thursday, July 8, 2021

SYDNEY, July 8, 2021 /PRNewswire/ -- A leading derivatives margin trading platform IQDAX launches a 1M Bonus Program for new clients, offering unique trading conditions for both the beginner and experienced traders.

Key Points: 
  • SYDNEY, July 8, 2021 /PRNewswire/ -- A leading derivatives margin trading platform IQDAX launches a 1M Bonus Program for new clients, offering unique trading conditions for both the beginner and experienced traders.
  • Trading the financial markets can be a daunting affair but with IQDAX's new bonus program for traders, it can be a far more relaxed and confident process.
  • The company's management believe that massive welcome bonuses on first time trader deposits is just one of the many benefits that traders will experience by using IQDAX.
  • To support beginner traders and inspire them with favourable trading conditions, IQDAX is now providing a 100 No-Deposit Bonus so that new clients can learn how to trade."

MrGuru Performs Technical Platform Upgrade; Adds Latest Trading Technologies

Retrieved on: 
Thursday, July 8, 2021

Subsequently, renowned online crypto trading broker MrGuru has announced that it has performed maintenance on its proprietary Webtrader platform.

Key Points: 
  • Subsequently, renowned online crypto trading broker MrGuru has announced that it has performed maintenance on its proprietary Webtrader platform.
  • According to the company, trade orders are now executed faster, in a secure environment meeting the highest standards in the industry.
  • With a team of top-notch analysts, developers and engineers, MrGuru has rightfully earned its status as a leading trading brand throughout the globe.
  • The improved platform is mobile and tablet friendly, making trading on the go very simple for its users.