eToro enables after-hours trading for a raft of assets
Online broker eToro has enabled After-Hours Trading for a raft of assets just in time for the earnings season.
Online broker eToro has enabled After-Hours Trading for a raft of assets just in time for the earnings season.
eToro UK commented that the fall in revenue can be attributed to a significant reduction in trading activity, particularly in crypto.
The share sales are being offered at a valuation for eToro of about $1.7 billion, less than half of what it was valued at earlier this year.
ASIC alleges that between 5 October 2021 and 14 June 2023, almost 20,000 of eToro’s clients lost money trading CFDs.
eToro tried and failed to go public in 2021-2022 in a SPAC merger what would have valued the company at $10 billion.
eToro’s portfolio of sports sponsorships already includes 17 teams in the EPL, German Bundesliga, Italian Serie A, and Rugby Australia.
The partnership will cover $Cashtags representing a wide range of instruments on the eToro platform, including stocks, ETFs, crypto and commodities.
FinTech Acquisition Corp. V was set up by legendary financier and founder of Jefferson Bank and The Bancorp, Betsy Cohen.
The launch of eToro Options follows the recently announced acquisition of Gatsby, an options trading platform.
eToro users, including those holding fractional shares, will be able to easily participate in annual general meetings.