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Finance

Global Brokerage’s Net Revenue Surges 22% to $37.8 Million in Q2 2022

Global Brokerage’s Net Revenue Surges 22% to $37.8 Million in Q2 2022

Global Brokerage Inc., the owner of FXCM, an online forex trading and contract for difference (CFD) broker, recorded 21.6% growth in its net revenue in the second quarter of 2022. The net revenue in the quarter came in at $37.83 million, which is a significant rise from the $31.1 million generated during the first quarter …

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Abrdn Acquires Stake in Archax

Abrdn Acquires Stake in Archax

In an official announcement on 12 August, Archax confirmed that Abrdn has signed a deal with the company to become its largest external shareholder. Archax has been established to facilitate institutional investors who are interested in blockchain-based digital assets. Archax was established four years ago. The company has secured approval from the Financial Conduct Authority …

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Broadridge’s Total Revenues Climb 12% in Q4 FY22

Broadridge’s Total Revenues Climb 12% in Q4 FY22

NYSE-listed financial technology giant, Broadridge Financial Solutions yesterday reported its financial results for the fourth quarter of the fiscal year 2022 (Q4 FY22). During the mentioned period, the company witnessed solid growth across key business areas. Total revenues in the recent quarter reached $1,723 million, which is 12% higher compared to the same period last …

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