Interactive Brokers now offers 22-hour trading for US Treasury bonds
Interactive Brokers has extended trading hours for US Treasury bonds to 22 hours each day, allowing clients to align their trading activities with their local time zones. The company aims to provide a flexible and comprehensive trading environment for its clients in over 200 countries and territories. Additionally, Interactive Brokers has introduced Contracts for Difference (CFD) instruments in Japan, expanding its trading options. Despite market challenges, the company reported positive financial performance, with revenue increasing by 13 percent in the first quarter of the year.
XTB, a publicly traded broker, recommends its highest-ever dividend of over PLN 590 million ($146 million) per share. This has driven XTB's shares to historic highs on the Warsaw Stock Exchange. The company plans to allocate 75% of its net profit for 2023, amounting to PLN 787 million ($195 million), for dividends. XTB's shares have been experiencing strong growth, up nearly 22% last year and over 60% this year. The company's expanding client base and product offerings contribute to investor confidence. XTB aims to be a global fintech and has surpassed one million clients while expanding into new markets.
Lars Seier Christensen, Co-Founder of Saxo Bank, has invested in Skynet Trading, a digital assets trading and software development firm, through his investment arm Seier Capital. The investment, along with Edessa Capital's, marks the first outside shareholders for Skynet. Christensen, a co-founder of Saxo Bank and industry expert, sees parallels between FX and digital asset markets. Saxo Bank is considering selling a stake at a valuation of EUR 1.5-2 billion.
CySEC has withdrawn ICF membership for Leverate Financial Services Ltd. However, covered clients can still receive compensation for their previous investment operations. CySEC conducted over 700 inspections in 2023, imposing fines exceeding $2.2 million to ensure regulatory compliance. They focused on entities affected by Russia-Ukraine sanctions and investigated forced transfers of Russian securities. CySEC also revoked/suspended licenses for 19 investment firms and two collective investment undertakings. In an interview, CySEC's Chairman highlighted cryptocurrencies and artificial intelligence as major regulatory concerns.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
-THE END-