Exclusive: TradeNext Starts Internal Review, Some Clients Terminated
- The company sent notice to certain clients about the termination of their agreements after reassessing relationship with some affiliates
London headquartered brokerage, TradeNext, has launched an internal review after terminating several relationships with clients. Some customers of TradeNext recently received Customer Agreement Termination notices, after their relationship with the firm has been placed under a thorough review by the broker. Finance Magnates reporters learned that owners could be looking for a potential investor in the company.
The UK firm is regulated by the FCA to offer FX, CFDs and Spread-Betting, and launched a Prime service as part of its institutional business last year. In 2013, it was the first to launch Tradable's platform. The Indian-owned brokerage is largely focused on emerging markets; while launching broad campaigns for UK clients, most notably with a deal signed with Derby County last year, it has also sponsored an Asian footballer talent competition.
Apparently, partnerships with some Affiliates Affiliates Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers are compensating affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition T Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers are compensating affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition T Read this Term did not Yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a Read this Term the expected returns, leading to TradeNext reassessing its relationship with a number of clients.
A source familiar with the matter confirmed to Finance Magnates that "the firm is carrying out a strategic review of its products, services and client segments." TradeNext is also believed to have reduced it's London staff recently.
According to independent sources familiar with discussions, the management of the company could be looking for a strategic partner.
London headquartered brokerage, TradeNext, has launched an internal review after terminating several relationships with clients. Some customers of TradeNext recently received Customer Agreement Termination notices, after their relationship with the firm has been placed under a thorough review by the broker. Finance Magnates reporters learned that owners could be looking for a potential investor in the company.
The UK firm is regulated by the FCA to offer FX, CFDs and Spread-Betting, and launched a Prime service as part of its institutional business last year. In 2013, it was the first to launch Tradable's platform. The Indian-owned brokerage is largely focused on emerging markets; while launching broad campaigns for UK clients, most notably with a deal signed with Derby County last year, it has also sponsored an Asian footballer talent competition.
Apparently, partnerships with some Affiliates Affiliates Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers are compensating affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition T Affiliates serve as an essential component of a broker’s client acquisition tactics and marketing. One of the most important functions of affiliate marketers is the sending of leads to the broker, which are directly opening an account or visiting the broker’s website. There are several ways in which brokers are compensating affiliates based on the number and type of clients they refer to the company and whether or not or how much they end up depositing.Understanding CPA or Cost Per Acquisition T Read this Term did not Yield Yield A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a A yield is defined as the earnings generated by an investment or security over a particular time period. This is in typically displayed in percentage terms and is in the form of interest or dividends received from it.Yields do not include the price variations, which differentiates it from the total return. As such, a yield applies to various stated rates of return on stocks, fixed income instruments such as bonds, and other types of investment products.Yields can be calculated as a ratio or as a Read this Term the expected returns, leading to TradeNext reassessing its relationship with a number of clients.
A source familiar with the matter confirmed to Finance Magnates that "the firm is carrying out a strategic review of its products, services and client segments." TradeNext is also believed to have reduced it's London staff recently.
According to independent sources familiar with discussions, the management of the company could be looking for a strategic partner.