Retail FX

CMC Markets PLC (LSE:CMCX) said in a trading update for the fiscal year 2023 that February and March posed a more challenging environment with lower equity volumes and a higher proportion of lower margin institutional trading activity.

“This is another step of a journey where we continue to deepen the efforts of differentiating with valuable, market-moving and breaking information. This acquisition reinforces our vision of empowering retail investors with data, tools and content they need to make informed financial decisions, especially during times of volatile markets.”

The London-based entity of Australian FX broker Pepperstone has reported its financials for the fiscal year ending June 30, 2022. The group had outperformed the last year’s flat performance, having doubled revenues and boosted the broker’s bottom line and shareholders’ fortunes.

Italian authorities are cracking down on illegal online trading operations in their jurisdiction. The nation’s Commissione Nazionale per le Società e la Borsa (CONSOB) has recently ordered that ISPs block five offshore websites that are operating illegally in the country as the move helps in the fight against unauthorized providers.

“While the tax-free advantages of JISAs are key, we think it’s vital that parents and other investors are not baffled by thousands of funds and stocks when it comes to making investment decisions. That is why we carefully narrow down their options so they can choose from our best of breed funds and stocks, taking the hard work out of the process while ensuring they maintain total control over how their contributions are invested.”

Australian FX broker Pepperstone today announced that it has concluded a sponsorship deal with the Aussie football team Geelong Football Club, nicknamed the Cats, that entails sponsorship rights and other marketing benefits.

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