AFTX UK,
the London-based subsidiary of world brokerage group, AFTX Group, noticed a
large leap in its revenue in the course of the latest fiscal yr that led to October
2022. The revenue climbed by 273% to £838, 189, which is up from £224,558 within the
prior yr.
At International
Markets (UK) Restricted, operator of the UK foreign exchange and contracts for distinction
buying and selling (CFD) supplier, disclosed the figures within the newest monetary assertion
filed with the UK Corporations Home.
The report additionally reveals that the subsidiary’s income elevated by 7.6%
year-over-year from £2.9 million to £3.2 million.
In
addition, ATFX UK’s web asset, which measures its monetary well being, grew by
12.8% to £7.4 million, which is up from £6.6 million from the earlier fiscal
yr. The online asset consists of money balances of £4.3 million, the buying and selling firm
famous.
Because of this
of those figures, ATFX UK stated it has “a powerful stability sheet and is
effectively positioned to attain its long-term technique.” The corporate pledged to maintain advertising and marketing its enterprise straight within the European Financial Space and different
worldwide territories the place it’s approved.
“The important thing
targets would be the current excessive web value purchasers, fund managers, brokers and
banks who want to diversify their portfolio and are snug with the
threat profile and volatility that investing and buying and selling in derivatives can
provide,” AFTX UK said within the monetary report.
ATFX Expands to Australia
and UAE
As a world
CFD dealer, ATFX additionally holds a number of regulatory licenses outdoors the United
Kingdom. The model is regulated in Cyprus, United Arab Emirates, Mauritius, St.
Vincent and the Grenadines and Jordan.
Thus far this yr, ATFX
has added two
extra jurisdictions to the record.
Earlier
this month, the dealer acquired
Rakuten Securities’ Australian subsidiary to additional strengthen its place within the Australian on-line buying and selling market. In
addition, ATFX in June
solidified its presence within the Center East by acquiring an Association and Recommendation license from the UAE.
In the meantime,
ATFX marked its first entry into the non-fungible tokens
(NFTs) trade in Could. The brokerage launched its NFT Smooth
Launch to all inside employees members and is planning a public launch for later within the yr
On high of those, ATFX
Join, the institutional arm of the ATFX Group, not too long ago reported a
sharp enhance in shopper satisfaction following the platform’s integration with
Lucera’s LumeFX platform. LumeFX, an digital buying and selling for foreign exchange liquidity administration,
permits brokers to handle and configure how purchasers and liquidity suppliers
work together.
Volumes on eToro charts; Nomura’s new eFX head; learn right now’s information nuggets.
AFTX UK,
the London-based subsidiary of world brokerage group, AFTX Group, noticed a
large leap in its revenue in the course of the latest fiscal yr that led to October
2022. The revenue climbed by 273% to £838, 189, which is up from £224,558 within the
prior yr.
At International
Markets (UK) Restricted, operator of the UK foreign exchange and contracts for distinction
buying and selling (CFD) supplier, disclosed the figures within the newest monetary assertion
filed with the UK Corporations Home.
The report additionally reveals that the subsidiary’s income elevated by 7.6%
year-over-year from £2.9 million to £3.2 million.
In
addition, ATFX UK’s web asset, which measures its monetary well being, grew by
12.8% to £7.4 million, which is up from £6.6 million from the earlier fiscal
yr. The online asset consists of money balances of £4.3 million, the buying and selling firm
famous.
Because of this
of those figures, ATFX UK stated it has “a powerful stability sheet and is
effectively positioned to attain its long-term technique.” The corporate pledged to maintain advertising and marketing its enterprise straight within the European Financial Space and different
worldwide territories the place it’s approved.
“The important thing
targets would be the current excessive web value purchasers, fund managers, brokers and
banks who want to diversify their portfolio and are snug with the
threat profile and volatility that investing and buying and selling in derivatives can
provide,” AFTX UK said within the monetary report.
ATFX Expands to Australia
and UAE
As a world
CFD dealer, ATFX additionally holds a number of regulatory licenses outdoors the United
Kingdom. The model is regulated in Cyprus, United Arab Emirates, Mauritius, St.
Vincent and the Grenadines and Jordan.
Thus far this yr, ATFX
has added two
extra jurisdictions to the record.
Earlier
this month, the dealer acquired
Rakuten Securities’ Australian subsidiary to additional strengthen its place within the Australian on-line buying and selling market. In
addition, ATFX in June
solidified its presence within the Center East by acquiring an Association and Recommendation license from the UAE.
In the meantime,
ATFX marked its first entry into the non-fungible tokens
(NFTs) trade in Could. The brokerage launched its NFT Smooth
Launch to all inside employees members and is planning a public launch for later within the yr
On high of those, ATFX
Join, the institutional arm of the ATFX Group, not too long ago reported a
sharp enhance in shopper satisfaction following the platform’s integration with
Lucera’s LumeFX platform. LumeFX, an digital buying and selling for foreign exchange liquidity administration,
permits brokers to handle and configure how purchasers and liquidity suppliers
work together.
Volumes on eToro charts; Nomura’s new eFX head; learn right now’s information nuggets.
