Interactive Brokers Group Inc (NASDAQ:IBKR) announced its first-quarter financial results for the period ending March 31, 2024. The leading automated global electronic broker reported a GAAP diluted EPS of $1.61 and an adjusted EPS of $1.64.

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The retail FX industry has rapidly evolved in the last 15 years so it’s no wonder that systems purchased or developed over the last 10 to 15 years are no longer fit for purpose. Patching up tech stacks is not the answer. The way forward for brokers is to streamline their operations with SaaS-based, customisable, consolidated tech stacks.

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FV Bank now lets clients deposit euros directly into USD accounts, streamlining international business banking and offering a wider range of deposit options for its global clientele.

In recent years, the integration of cryptocurrency payments within the realm of Forex trading has surged dramatically. This transition signifies a profound shift in the financial landscape, offering a wide range of benefits for both brokers and traders alike.