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IronFX UK Sees 2022 Profit Rise despite Fall in Revenue

Notesco UK Limited, which operates the brokerage brand IronFX in the United Kingdom, published its annual financials for 2023, showing a correction in the revenue at $643,795. The figure dropped by more than 25 percent from the previous year’s $863,071 when the firm doubled its revenue. Profit of IronFX UK Climbs The company ended the year with a pre-tax profit […]

Forex Trading News 0

Cboe’s Global FX Revenue Rises 8% YoY in Q1

The net revenue from foreign exchange trading activities on Cboe Global Markets’ platforms increased by 8% year-over-year during first quarter 2023, the American exchange operator disclosed on Friday in its latest financial performance report. The increase came primarily as a result of higher net transaction fees, Cboe said.Cboe FX Hits Multiple Volume Records in Q1In the report, Cboe noted that […]

Forex Trading News 0

CME’s FX Link Grows 32% YoY, Spot FX Sees $52.9B in April

Total volumes of spot foreign exchange traded on Electronic Broking Services (EBS) reached $52.9 billion in April 2023, CME Group disclosed on Friday. EBS is the American derivatives exchange operator’s wholesale electronic trading platform for forex trading with market-making banks.FX Link Grows, Spot FX Slumps across RegionsFinance Magnates reports that trading activities in spot FX among institutional investors weakened last […]

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