Category: Brokers

  • New IRS Rules Mandate Reporting For DeFi Brokers: What This Means For Crypto Transactions

    In an important development for the cryptocurrency landscape, the US Internal Revenue Service (IRS) has finalized regulations Which will require Decentralized finance (DeFi) brokers report gross proceeds from digital asset transactions. The IRS classifies DeFi platforms as intermediaries under New regulationswhich will go into effect in 2027, DeFi platforms that…

  • Banks, stock brokers hits as CBK stops commission on bonds trade

    Kenya’s central bank will stop paying commission to stockbrokers, custodian banks and authorised securities dealers that help it sell treasury bonds from next month, cutting off hundreds of millions of shillings in revenue each year. The central bank paid selling agents – who act as intermediaries between the central bank…

  • The Role of Forex Brokers in Market Liquidity and Price Discovery

    From major financial institutions to individual investors, stock market participants7.5 trillion Daily forex markets rely on specialized brokers to access this vast and complex ecosystem. Forex brokers operate behind the scenes but play a vital role, serving as a crucial channel of communication between ordinary traders around the world and…

  • James Constantinou CEO and Founder Posh Pawn Brokers

    A famous name, like any businessman, James had to start somewhere. James Constantino is an entrepreneur, CEO and founder of Prestige Pawnbrokers, You may have seen James on his TV show ‘Posh Pawn’, we go behind the scenes to talk to the man who has built a multi-million pound empire…

  • Five Below, J.B. Hunt, Interactive Brokers, Spirit Airlines By Investing.com

    After Hours Stock Carriers: five below Shares of the company (Nasdaq:) fell 9% after the company announced that Joel Anderson is stepping down as president and CEO. The retailer also reported a 5% year-to-date decline in comparable sales and lowered its second-quarter outlook. Dollar General (NYSE:) traded lower in sympathy.…

  • Interactive Brokers reveals $48 million loss from NYSE glitch

    (Reuters) – Interactive Brokers on Wednesday disclosed a $48 million loss due to a New York Stock Exchange glitch earlier this month that at one point showed a 99% drop in the stock prices of some companies, including Warren Buffett’s Berkshire Hathaway. . Interactive said that the brokerage company submitted…

  • DXtrade Teams Up with Sage Capital to Boost Crypto Liquidity for Brokers

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • DXtrade Teams Up with Sage Capital to Boost Crypto Liquidity for Brokers

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Interactive Brokers Boosts Offerings with Cboe Europe Derivatives

    Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24 Payments in Africa: A Cross-Border and Device Revolution | Fmas:24…

  • Interactive Brokers Reports 27% Increase in Daily Average Revenue Trades for May

    Interactive Brokers reported mixed results for its brokerage business in May. Trading volumes remained stable compared to April, but client assets witnessed a significant increase. Daily average revenues for trades (DARTs), a key measure of brokerage activity, remained flat at 2.36 million compared to April but were up 27% year…

  • A Side-by-Side Look at FX/CFDs Brokers’ Offerings

    Proprietary trading has become a hot topic in recent months, drawing attention from retail investors and sparking regulation controversies. After unlicensed companies failed to maintain traders’ trust, FX/CFD brokers started offering prop trading services, recognizing a new niche in the industry. As experts interviewed by Finance Magnates claim, the niche…

  • Interactive Brokers Brings Crypto Trading to UK Customers

    Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Vmas: 24 | catch a glance Here’s a sneak peek at FMAS:24’s vibrant atmosphere! Join us at Africa’s premier financial…

  • Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch

    Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch

    To simplify and accelerate the process of launching a brokerage business, Tools for Brokers (TFB), an international technology provider serving retail brokers, hedge funds and private trading firms, has teamed up with SALVUS Funds, a prominent advisory firm specializing in licensing and trading. Auditing required. Collaboration simplifies broker operations The…

  • Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch

    Tools for Brokers and SALVUS Funds Partner to Facilitate Broker Launch

    To simplify and accelerate the process of launching a brokerage business, Tools for Brokers (TFB), an international technology provider serving retail brokers, hedge funds and private trading firms, has teamed up with SALVUS Funds, a prominent advisory firm specializing in licensing and trading. Auditing required. Collaboration simplifies broker operations The…

  • Interactive Brokers Expands Offerings with Daily Options on French Stocks

    Interactive Brokers Expands Offerings with Daily Options on French Stocks

    From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast From here the stent trade industry begins Finance Magnates Podcast…