XTB Group Forecasts $17.4 Million Profit following Swiss Tsunami
- Despite the inability of many brokers to emerge out of the shocking Swiss-induced upheaval last week unscathed, XTB Group managed to turn calamity into victory by turning a strong profit which proved to be its strongest in six months.
Despite the inability of many brokers to emerge out of the shocking Swiss-induced upheaval last week unscathed, XTB Group managed to turn calamity into victory by turning a strong profit which proved to be its strongest in six months.
Last June, XTB initiated a new collaboration with copy trading software provider Tradency, following the launch of the Mirror Trader service.
As for XTB’s recent performance, their net profit for the last six months, including January's 2015 forecast, should exceed $17.4 million euros ($15 million), according to a recent XTB Group statement. Of these profits, approximately 15% have been realized by its institutional entity, X Open Hub (XOH) – an institutional technology and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider.
Swiss Fallout
XTB Group managed to weather the storm last week and actually emerged out of the maelstrom stronger than before. This was predicated on the employment of XOH’s Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term technology, which allowed adjustments of open positions to the company's risk-averse profile.
Moreover, the group relied on conservative leverage techniques, with the average leverage being offered by XTB at 1:100. Perhaps more importantly, XTV applied a risk strategy on all CHF pairs several months in advance of the snap SNB announcement that caught many other brokers and providers by surprise.
Finally, at the time of the SNB announcement, there were major positions that were long CHFPLN, which helped drive January’s results. Indeed, the advent of many customers on the wrong side of the trade was clearly noticeable.
Despite the inability of many brokers to emerge out of the shocking Swiss-induced upheaval last week unscathed, XTB Group managed to turn calamity into victory by turning a strong profit which proved to be its strongest in six months.
Last June, XTB initiated a new collaboration with copy trading software provider Tradency, following the launch of the Mirror Trader service.
As for XTB’s recent performance, their net profit for the last six months, including January's 2015 forecast, should exceed $17.4 million euros ($15 million), according to a recent XTB Group statement. Of these profits, approximately 15% have been realized by its institutional entity, X Open Hub (XOH) – an institutional technology and Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider.
Swiss Fallout
XTB Group managed to weather the storm last week and actually emerged out of the maelstrom stronger than before. This was predicated on the employment of XOH’s Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term technology, which allowed adjustments of open positions to the company's risk-averse profile.
Moreover, the group relied on conservative leverage techniques, with the average leverage being offered by XTB at 1:100. Perhaps more importantly, XTV applied a risk strategy on all CHF pairs several months in advance of the snap SNB announcement that caught many other brokers and providers by surprise.
Finally, at the time of the SNB announcement, there were major positions that were long CHFPLN, which helped drive January’s results. Indeed, the advent of many customers on the wrong side of the trade was clearly noticeable.