B2Prime, a famend multi-asset Prime of Prime liquidity supplier, disclosed monetary outcomes of its Dad or mum Firm B2B Prime Companies EU for January and February 2024. The report goals to focus on the corporate’s dedication to transparency, regulatory compliance, and market management.
Regulated by the Cyprus Securities and Change Fee (CySEC) and the Monetary Companies Fee of Mauritius (FSC Mauritius), B2Prime continues to exceed trade requirements for monetary integrity and shopper safety. Listed below are some vital Q1 achievements.
Q1 Monetary Highlights:
- B2Prime’s complete property elevated to €28,969,690.98, a major 40.32% enhance from the earlier yr.
- Consumer property held for buying and selling grew to €26,840,460.11, which is a rise of 47.6% from the earlier yr.
- Shareholders’ fairness rose by 8% within the present quarter (Q1 2024), indicating wholesome revenue ranges for the quarter.
- When evaluating year-on-year (Feb 2024 vs. Feb 2023) figures, complete property exhibited a development of 68%, shopper property held for buying and selling elevated by 64%, and shareholders’ fairness impressively surged by 289%.
- On the Regulatory Capital Adequacy entrance, the corporate’s personal funds noticed a exceptional upsurge of almost 600%, escalating from €503,000 to €2,728,000, far exceeding the regulatory minimal of €750,000.
- B2Prime’s CET1 and Tier 1 ratios, standing at 364.71%, considerably exceed the regulatory minimums of 56% and 75%, respectively. This efficiency locations the corporate’s CET1 ratio at greater than 6.5 occasions the required minimal and the Tier 1 ratio at almost 4.8 occasions above the mandated requirements.
“We recorded really vital monetary development and regulatory achievements this quarter. We stay the trusted supplier of Prime of Prime liquidity options for various purchasers within the monetary sector and proceed to ship excellent worth for our prospects. Within the upcoming quarter, we glance to capitalise on our sturdy market place and ship even higher, extra client-centric companies and enhanced efficiency.”
– Eugenia Mykuliak, Founder & Government Director of B2Prime.
Trying Forward
B2Prime is deeply dedicated to assembly and surpassing regulatory requirements and sustaining transparency in its operations. Presently providing a spread of asset lessons, together with crypto CFDs, Rolling Spot FX, fairness indices CFDs, valuable metals CFDs, commodities CFDs, and NDFs as CFDs, B2Prime plans to broaden its choice of devices and broaden its world presence to serve its purchasers higher.
For detailed details about the corporate’s regulatory updates, future plans, and companies, go to the official web site: b2prime.com
B2Prime, a famend multi-asset Prime of Prime liquidity supplier, disclosed monetary outcomes of its Dad or mum Firm B2B Prime Companies EU for January and February 2024. The report goals to focus on the corporate’s dedication to transparency, regulatory compliance, and market management.
Regulated by the Cyprus Securities and Change Fee (CySEC) and the Monetary Companies Fee of Mauritius (FSC Mauritius), B2Prime continues to exceed trade requirements for monetary integrity and shopper safety. Listed below are some vital Q1 achievements.
Q1 Monetary Highlights:
- B2Prime’s complete property elevated to €28,969,690.98, a major 40.32% enhance from the earlier yr.
- Consumer property held for buying and selling grew to €26,840,460.11, which is a rise of 47.6% from the earlier yr.
- Shareholders’ fairness rose by 8% within the present quarter (Q1 2024), indicating wholesome revenue ranges for the quarter.
- When evaluating year-on-year (Feb 2024 vs. Feb 2023) figures, complete property exhibited a development of 68%, shopper property held for buying and selling elevated by 64%, and shareholders’ fairness impressively surged by 289%.
- On the Regulatory Capital Adequacy entrance, the corporate’s personal funds noticed a exceptional upsurge of almost 600%, escalating from €503,000 to €2,728,000, far exceeding the regulatory minimal of €750,000.
- B2Prime’s CET1 and Tier 1 ratios, standing at 364.71%, considerably exceed the regulatory minimums of 56% and 75%, respectively. This efficiency locations the corporate’s CET1 ratio at greater than 6.5 occasions the required minimal and the Tier 1 ratio at almost 4.8 occasions above the mandated requirements.
“We recorded really vital monetary development and regulatory achievements this quarter. We stay the trusted supplier of Prime of Prime liquidity options for various purchasers within the monetary sector and proceed to ship excellent worth for our prospects. Within the upcoming quarter, we glance to capitalise on our sturdy market place and ship even higher, extra client-centric companies and enhanced efficiency.”
– Eugenia Mykuliak, Founder & Government Director of B2Prime.
Trying Forward
B2Prime is deeply dedicated to assembly and surpassing regulatory requirements and sustaining transparency in its operations. Presently providing a spread of asset lessons, together with crypto CFDs, Rolling Spot FX, fairness indices CFDs, valuable metals CFDs, commodities CFDs, and NDFs as CFDs, B2Prime plans to broaden its choice of devices and broaden its world presence to serve its purchasers higher.
For detailed details about the corporate’s regulatory updates, future plans, and companies, go to the official web site: b2prime.com
