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FY 2023

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Institutional FX

FIS Raises Share Buyback Goal to $4 Billion amid a Double-Digit Decline in Earnings

  • The company reported a diluted EPS of $0.85 and an adjusted EPS of $3.37.
  • FIS’ net earnings dropped from $109 million to $64 million.
by Jared Kirui
Retail FX

XTB's Revenue Rises 10% YoY with Active Clients Doubling in Number

  • The company is considering introducing social trading in 2024.
  • The firm's number of active clients increased by 311,971 in 2023.
by Jared Kirui
FinTech

Equals Group Ends 2023 on High Note with 37% Revenue Surge

  • The rise was driven by growth in its Solutions business and B2B products.
  • Despite an ongoing strategic review, Equals expressed confidence in its growth prospects.
by Damian Chmiel
Retail FX

Three IG Group Subsidiaries Report Mixed Results for Fiscal Year 2023

  • Profits reported by IG Markets and IG Index decreased slightly in FY23.
  • However, IG Trading and Investments reported a robust growth.
by Damian Chmiel
Institutional FX

Tavira Financial's Revenues Rise but Bottom Line Suffers in FY23

  • The company joins the broader industry trend of higher revenues but shows a lack of profit in 2022.
  • The net result deteriorated 125%.
by Damian Chmiel
Retail FX

Dukascopy Grapples with 80% Profit Decline in H1 after Upswing in 2022

  • The Swiss broker's trading income slumped 33% to CHF 9.6 million.
  • The firm reported its second-highest-ever profit last year.
by Solomon Oladipupo
Retail FX

Trade Nation Caps Off 2022 with 300% Profit Growth in the UK

  • The CFD provider recently got licensed in Seychelles.
  • The firm continues to build up its presence in the sports industry.
by Solomon Oladipupo
Regulation

‘A Lighter Regulatory Touch’? FCA’s Enforcement Cases Plummet in FY 22/23

  • The number of cases that the FCA opened dropped from 190 to 100 in FY22/23.
  • The British watchdog said its enforcement approach remains 'unchanged'.
by Solomon Oladipupo
Retail FX

CMC Markets Pegs Expected FY23 Income at £290M

  • The firm previously said the income was "tracking in line" with market expectation.
  • The broker says CMC Invest will go live in Singapore "over the coming months."
by Solomon Oladipupo
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