Admirals Group AS Discover Forex News Group: the latest behind-the-scenes insight into all the FX executive moves, platform advancements, regulatory changes, broker results and volumes

Admirals adds Match-Prime as Liquidity Provider

Match-Prime is a CySEC-regulated liquidity provider working exclusively with professional and institutional clients.

While Revenues fell, Admirals Group operating expenses increased by 24% in the first half of 2023.

In addition to the restructuring and license news, Admiral announced a bond buyback at Admiral Markets AS.

For the full year 2022, Admirals posted Revenues of €69.0 million and Net Profit of €23.5 million.

The move is the latest on the continent for Admirals, which earlier this year established an entity in South Africa.

Roman Krutyanskiy had been with Admirals for more than 11 years, starting out in sales in Germany before climbing through the ranks.

Despite the increase in trading volumes, revenues and profits the number of client trades went down by 2% to 28.7 million.