MultiBank Group Named Best Global ECN Broker at Forex Traders Summit 2025
DUBAI, United Arab Emirates — MultiBank Group, one of the world's largest financial derivatives institutions headquartered in Dubai, has been awarded the prestigious title of 'Best Global ECN Broker' during the Forex Traders Summit 2025, held from May 14–15 at the Festival Arena in Dubai.
Article content
This award marks yet another milestone in MultiBank Group's journey, adding to its portfolio of over 80 international accolades and reinforcing its leadership position in global financial markets.
Article content
The summit is a premier gathering of financial institutions, fintech innovators, and industry professionals, showcasing advancements and innovation in trading and online brokerage services. This recognition underscores MultiBank Group's track record in providing premium ECN solutions, with ultra-low latency, broad market access, and seamless connectivity for clients everywhere.
Article content
Naser Taher, Founder and Chairman of MultiBank Group, said: 'We are honored to receive the 'Best Global ECN Broker' award at the Forex Traders Summit 2025. This accolade is a testament to our unwavering commitment to technological excellence, transparency, and reliability. We remain committed to setting the benchmark for ECN services that deliver competitive pricing, swift order processing, and strong investor safeguards.'
Article content
MultiBank Group's ECN model connects users directly with tier-one liquidity providers, eliminating conflicts of interest and ensuring real-time execution without dealing-desk intervention. The Group continues to invest in infrastructure, widen its regulatory reach, and roll out fresh innovations to serve both retail and institutional stakeholders.
Article content
This award marks yet another milestone in MultiBank Group's journey, adding to its portfolio of over 80 international accolades and reinforcing its leadership position in global financial markets.
Article content
ABOUT MULTIBANK GROUP
Article content
MultiBank Group, established in California, USA in 2005, is a global leader in financial derivatives. With over 2 million clients in 100+ countries and a daily trading volume exceeding $35 billion, it offers a broad range of brokerage and asset management services. Renowned for innovative trading solutions, robust regulatory compliance, and exceptional customer service, the Group is regulated by 17+ top-tier financial authorities across five continents. Its award-winning platforms provide up to 500:1 leverage across Forex, Metals, Shares, Commodities, Indices, and Cryptocurrencies. MultiBank Group has received over 80 international awards for trading excellence and regulatory compliance. For more information, visit MultiBank Group's website.
Article content
Article content
Article content
Article content
Article content
Article content
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
National Post
an hour ago
- National Post
Hamilton ETFs Announces the Promotion of Jennifer Mersereau and Patrick Sommerville as Co-Chief Executive Officers
Article content TORONTO — Hamilton Capital Partners Inc. ('Hamilton ETFs') is pleased to announce the promotion of Jennifer Mersereau as Co-Chief Executive Officer and Co-Founder, and Patrick (Pat) Sommerville as Co-Chief Executive Officer, effective July 1, 2025. Article content Appointed in July 2024 as Co-Presidents, Jennifer and Pat bring significant experience to this new role and a shared vision for Hamilton ETFs' continued growth. Jennifer, who co-founded the firm in 2009, has nearly three decades of experience in the financial services sector. Pat joined Hamilton ETFs in 2013 and has over 20 years of experience in wealth management. Together, they have been instrumental in shaping the firm's strategic direction, driving growth, and fostering a strong entrepreneurial, client-focused culture. Article content ' Almost exactly a year ago, Jennifer and Pat were promoted to Co-Presidents and over this period, the firm's performance has been exceptional. Under their leadership – and with the hard work of our amazing team – the firm's AUM increased by 70% in f2025 to over $8.7 billion, driven by record inflows of over $3.0 bln. Over the same period, our product shelf increased by 50% to 30 ETFs with consecutive successful launches driving the firm's excellent growth,' said Robert Wessel, Executive Chairman and Co-Founder of Hamilton ETFs. Article content These leadership promotions mark an important milestone in Hamilton ETFs' continued evolution as it enters its next phase of growth and innovation. Article content New Independent Board Member Article content Hamilton ETFs also announces the recent appointment of Peter Jelley, President and Chief Executive Officer of Bulldog Capital Partners Inc., to its board of directors as an independent board member, effective April 22, 2025. Peter brings insights from more than 25-years in investment banking and private equity and currently serves as Chair of the Board of the Andlauer Healthcare Group, in addition to holding board roles with several private companies. Article content Peter's appointment follows the unexpected passing of Robert Brooks, an original board member of Hamilton Capital Partners Inc., in November 2024. Article content About Hamilton ETFs Article content With over $8 billion in AUM, Hamilton ETFs is one of Canada's fastest growing ETF providers, offering a suite of innovative exchange traded funds (ETFs) designed to maximize income and growth from trusted sectors in Canada and across the globe. The firm is also an active commentator on the global financial services sector and Canadian banks; the firm's most recent Insights can be found at Article content Commissions, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Article content Article content Article content
Globe and Mail
4 hours ago
- Globe and Mail
IBKR Stock Gains on Higher June DARTs: Should You Buy, Hold, or Sell?
Interactive Brokers Group, Inc. IBKR reported a rise in its client Daily Average Revenue Trades (DARTs) on a year-over-year basis for June 2025. In light of this, shares of the company rose 3.4% in yesterday's trading session. Total client DARTs for June were 3,448,000, representing a 39.7% increase from June 2024. This was primarily driven by higher net new accounts and options trading, partially offset by lower futures trading. Interactive Brokers has been benefiting from heightened market volatility and a rise in client activity on the back of tariff concerns and increasing geopolitical risks. Likewise, Charles Schwab SCHW and Tradeweb TW are also likely to have recorded a rise in new account openings and trading volume for June 2025. The momentum is expected to continue as markets and investors try to decipher the impact of tariffs on various sectors. Thus, IBKR will likely keep witnessing a rise in total client DARTs. Factors Supporting Interactive Brokers Global Exposure Through Product Diversification: IBKR has been taking several steps to enhance its presence globally. In May, the company extended trading hours for its Forecast Contracts to about 24 hours a day, which will boost its trading income. This move comes nearly a month after it launched Forecast Contracts in Canada, allowing investors to trade on the outcomes of several events impacting markets. In February, the company announced the expansion of its offering of Stocks and Shares Investment Savings Accounts with the addition of mutual funds in the U.K. This allows investors to access a wide range of investment products in a tax-efficient savings vehicle. It also offers advanced trading platforms, low fees and global diversification. Last November, IBKR launched Plan d'Epargne en Actions accounts to boost its offerings for its French clients. Also, the launch of IBKR GlobalTrader has enabled investors worldwide to trade stocks through mobile applications. The company was one of the first brokers to introduce Overnight Trading on U.S. stocks and exchange-traded funds (ETFs) nearly 24 hours a day, five days a week. IBKR Lite has enabled investors to trade commission-free. Further, it launched cryptocurrency trading via Paxos Trust Company, charging lower commissions compared to other crypto exchanges. The introduction of IBKR Desktop, the next-generation desktop trading application for Windows and Mac, marks a new chapter for innovation. The company's technological superiority, combined with easier regulations to improve product velocity, will support its net revenues through higher client acquisitions. Technological Excellence: Interactive Brokers' technological superiority remains one of its strongest aspects. The company processes trades in stocks, futures, options and forex on more than 150 exchanges across several countries and currencies. IBKR's compensation expense relative to net revenues (10.8% in the first quarter of 2025) remains below its industry peers due to its superior technology. Further, the company has been emphasizing developing proprietary software to automate broker-dealer functions, leading to a steady rise in revenues. Total net revenues witnessed a compound annual growth rate (CAGR) of 21.8% over the last five years (2019-2024). The momentum continued in the first three months of 2025. Net revenues are expected to improve further in the quarters ahead, given the solid DART numbers and robust trading backdrop driven by higher market participation. IBKR's Sales Estimates IBKR Shares are Undervalued IBKR shares appear inexpensive relative to the industry. The company is currently trading at a 12-month trailing price-to-tangible book (P/TB) of 1.46X, well below the industry's 2.87X. Price-to-Tangible Book Ratio (TTM) Also, IBKR stock is trading below its peers, Tradeweb and Schwab. At present, TradeWeb and Schwab's 12-month trailing P/TB TTM are 13.85X and 8.02X, respectively. From a valuation perspective, Interactive Brokers shares present a compelling buying opportunity. Parting Thoughts on Interactive Brokers Stock Shares of Interactive Brokers have risen 31.8% this year, outperforming the industry, the Zacks Finance sector and the S&P 500 index. Its close peers, Schwab and TradeWeb, gained 23.4% and 5.9%, respectively, in the same time frame. IBKR YTD Price Performance Image Source: Zacks Investment Research Over the past month, the Zacks Consensus Estimate for 2025 and 2026 earnings has remained unchanged at $1.76 and $1.89, respectively. Estimate Revision Trend Image Source: Zacks Investment Research The projected figures imply stable earnings for 2025 and a rise of 7% for 2026. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.) Interactive Brokers remains well-positioned for growth in the current volatile operating environment. Also, rapidly evolving trends will benefit the company's revenues and expand its market share. The company's strong technological capabilities and diversified product offerings enhance its global reach, supporting long-term growth. Undervalued shares are another positive. However, Interactive Brokers has witnessed a persistent rise in non-interest expenses over the past few years. Expenses witnessed a CAGR of 13.8% over the five years ended 2024, with the trend persisting in the first quarter of 2025. These are likely to remain elevated due to continued investment in franchises, product launches and technology upgrades. Moreover, the company generates a large portion of its revenues (almost 37% of total net revenues in the first quarter of 2025) from overseas operations. Rising geopolitical risks, foreign exchange fluctuations and tariff concerns are likely to subdue global growth prospects. Additionally, as market volatility and client activity normalize gradually, Interactive Brokers is likely to experience a deceleration in trading volume, which will negatively impact DARTs and the top line. Given these concerns, those who own IBKR stock can sell it now and book profits. At present, IBKR carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 5 Stocks Set to Double Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in the coming year. While not all picks can be winners, previous recommendations have soared +112%, +171%, +209% and +232%. Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. Today, See These 5 Potential Home Runs >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Charles Schwab Corporation (SCHW): Free Stock Analysis Report Interactive Brokers Group, Inc. (IBKR): Free Stock Analysis Report Tradeweb Markets Inc. (TW): Free Stock Analysis Report
National Post
5 hours ago
- National Post
NovaAlgoma Cement Carriers Establishes New JV With DP World
Article content LUGANO, Switzerland — NovaAlgoma Cement Carriers Limited ('NovaAlgoma'), a joint venture between Algoma Central Corporation ('Algoma' – TSX: ALC) and Nova Marine Holdings SA ('Nova') and the world's leading operator of specialized pneumatic cement carriers, today announced it has entered a definitive agreement with P&O Maritime Logistics ('POML'), a wholly owned subsidiary of DP World, that will see POML acquire a 51% controlling stake in NovaAlgoma's wholly owned cement assets. Article content The transaction excludes NovaAlgoma's joint venture interests in Northern Europe, Indonesia, and Greece. NovaAlgoma will retain a 49% minority interest to be held in a new entity based in Dubai ('NACC'). There will be no changes to the daily operations of the NACC vessels as a result of the transaction and the fleet will continue to be commercially and technically managed by the current teams. Article content Article content NovaAlgoma was established in 2016 and specializes in the global transportation of dry-bulk commodities, with a focus on cement, using modern vessels equipped with advanced pneumatic handling systems. The Companies cement assets serve key infrastructure markets across North America, Europe, the Mediterranean, South Asia, and the Caribbean. Article content 'This marks an exciting next step for NovaAlgoma and a significant opportunity to grow the business,' said Gregg Ruhl, President & CEO of Algoma. 'DP World brings strong market presence around the world, including in regions we've yet to enter. We're confident this partnership will open new doors and take NACC to even greater heights,' concluded Mr. Ruhl. Article content 'We're excited about the opportunities this partnership with DP World brings,' said Vincenzo Romeo, CEO of Nova. 'It will allow us to expand the geographic reach of our fleet and better serve global logistics demands. NACC's pneumatic cement carriers play a vital role in supporting the construction industry, delivering cement powder for infrastructure projects, now to even more regions around the world.' Article content The transaction is subject to customary regulatory approvals and is expected to close in the coming months. Article content About Algoma Article content Algoma Central Corporation is a global provider of marine transportation, owning and operating dry and liquid bulk carriers that serve critical industries throughout the Great Lakes-St. Lawrence Region and internationally. Focused on delivering exceptional customer service, utilizing fuel efficient vessels, and advancing innovative technologies, Algoma drives productivity while contributing to economic growth, strengthening communities, and supporting its people. Algoma truly is Your Marine Carrier of Choice ™. Learn more at Article content About Nova Article content Nova Marine Carriers is a global leader in maritime logistics, offering efficient and reliable bulk shipping solutions across key international markets. Headquartered in Lugano (Switzerland) and several offices all over the world, the company operates a fleet of over 200 vessels—including mini-bulkers, handysize, supramax, self-unloaders, cement carriers, and barges—with a total capacity of 1.5 million DWT. In 2024 alone, Nova Marine completed over 2,000 voyages, transporting more than 26 million metric tons of cargo. Article content About DP World Article content DP World is a global leader in end-to-end supply chain solutions, enabling smarter trade to create growth and prosperity worldwide. Operating in 79 countries with a team of over 115,000 people, DP World integrates ports, marine services, logistics, and technology to deliver efficient, future-ready supply chains. Through innovation and digital transformation, the Company is reimagining global trade, minimizing disruption, maximizing flow, and changing what's possible for their customers and communities. Article content Article content Article content Article content Article content Contacts Article content Media Contacts Article content Gregg A. Ruhl Article content Article content Algoma Central Corporation Article content Article content Article content 905-687-7890 Article content Article content Article content
