Trading Provider INFINOX Grows Institutional Brand IX Prime by 50%
- The company’s operations have adapted well to the post-Brexit regulatory environment.
- INFINOX adapts well to Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term and a series of regulatory changes, earning UK revenue of £8.4m in the last financial year, company results reveal
- The trading provider’s UK client assets under management reach £8.7m, while its institutional arm IX Prime has doubled its UK trading volumes and grown its client-base by 50%
- Year of consolidation sees INFINOX achieve robust profits at home and expand its global ambition, securing regulatory approval from South Africa’s FSCA
The online trading provider INFINOX generated UK revenue of £8.4m and held client assets under management of £8.7m during the last financial year, its company results reveal. The company’s institutional division IX Prime, which provides 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, technology and risk management to institutional clients, performed particularly strongly – growing its UK client-base by 50% and doubling its UK trading volumes compared to the previous year. Founded in 2009 and headquartered in the City of London, INFINOX Capital Ltd enables sophisticated private investors to trade a full range of asset classes, from forex to equities and commodities. The company’s operations, which are regulated by the Financial Conduct Authority, have adapted well to the post-Brexit regulatory environment, the introduction of the UK MiFID framework and the impact of the COVID-19 pandemic. Despite the constant turbulence of the markets during the 12 months to 31st March 2021, INFINOX consolidated its position and remained well capitalised, delivering UK pre-tax profits of £292,402 over the financial year. The company also positioned itself to capitalise on rising demand from African investors, successfully securing regulatory approval from South Africa’s Financial Sector Conduct Authority. Robert Berkeley, CEO of INFINOX Capital, said: “The past 18 months have been challenging, exciting and rewarding for INFINOX. We’ve embraced significant changes, including Brexit and the creation of the UK MiFID framework, as well as the intense volatility of a global economy in the grip of the Covid pandemic. “The UK trading environment has proved testing, but the company has proved highly resilient, and we’ve strategically realigned our operations to continue offering clients the first-class service they’ve come to expect from INFINOX. This consolidation, coupled with the rapid success of our IX Prime offering as well as the experience and skill of our team and our robust balance sheet, puts us in a very strong position to drive future growth.”
About INFINOX
INFINOX Capital Ltd is a global, online trading platform based in the City of London. Authorised and regulated by the Financial Conduct Authority, it enables clients to trade a full range of asset classes, from forex to equities and commodities. Its business is built on integrity and trust, and it offers customers access to a range of market intelligence tools as well as dynamic products, competitive trading parameters and premium, one-on-one customer service. www.infinox.co.uk
- INFINOX adapts well to Brexit Brexit Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Brexit stands for British Exit, or in reference to the United Kingdom’s decision to formally leave the European Union (EU) as declared in a June 23, 2016 referendum. In a more immediate sense, a tight vote and unexpected result helped drive British pound (GBP) to lows that had not been seen in decades.The day following the referendum, former Prime Minister David Cameron resigned from office where he was replaced by Theresa May, who later resigned from office on June 7th, 2019. Active Prime Minis Read this Term and a series of regulatory changes, earning UK revenue of £8.4m in the last financial year, company results reveal
- The trading provider’s UK client assets under management reach £8.7m, while its institutional arm IX Prime has doubled its UK trading volumes and grown its client-base by 50%
- Year of consolidation sees INFINOX achieve robust profits at home and expand its global ambition, securing regulatory approval from South Africa’s FSCA
The online trading provider INFINOX generated UK revenue of £8.4m and held client assets under management of £8.7m during the last financial year, its company results reveal. The company’s institutional division IX Prime, which provides 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, technology and risk management to institutional clients, performed particularly strongly – growing its UK client-base by 50% and doubling its UK trading volumes compared to the previous year. Founded in 2009 and headquartered in the City of London, INFINOX Capital Ltd enables sophisticated private investors to trade a full range of asset classes, from forex to equities and commodities. The company’s operations, which are regulated by the Financial Conduct Authority, have adapted well to the post-Brexit regulatory environment, the introduction of the UK MiFID framework and the impact of the COVID-19 pandemic. Despite the constant turbulence of the markets during the 12 months to 31st March 2021, INFINOX consolidated its position and remained well capitalised, delivering UK pre-tax profits of £292,402 over the financial year. The company also positioned itself to capitalise on rising demand from African investors, successfully securing regulatory approval from South Africa’s Financial Sector Conduct Authority. Robert Berkeley, CEO of INFINOX Capital, said: “The past 18 months have been challenging, exciting and rewarding for INFINOX. We’ve embraced significant changes, including Brexit and the creation of the UK MiFID framework, as well as the intense volatility of a global economy in the grip of the Covid pandemic. “The UK trading environment has proved testing, but the company has proved highly resilient, and we’ve strategically realigned our operations to continue offering clients the first-class service they’ve come to expect from INFINOX. This consolidation, coupled with the rapid success of our IX Prime offering as well as the experience and skill of our team and our robust balance sheet, puts us in a very strong position to drive future growth.”
About INFINOX
INFINOX Capital Ltd is a global, online trading platform based in the City of London. Authorised and regulated by the Financial Conduct Authority, it enables clients to trade a full range of asset classes, from forex to equities and commodities. Its business is built on integrity and trust, and it offers customers access to a range of market intelligence tools as well as dynamic products, competitive trading parameters and premium, one-on-one customer service. www.infinox.co.uk