NAGA Group in discussions on merger with “multi-country brokerage firm”
NAGA will maintain its current listing status following the consummation of any such transaction.
NAGA will maintain its current listing status following the consummation of any such transaction.
NAGA did about $13.5 billion in monthly trading volume in 2022, or total annual volume of roughly €150 billion.
Matthew Kent joins CySEC-licensed NAGA.com after spending the past two years in a similar role at Eurotrader.
In September NAGA achieved its best result on operating cash flow basis in 2022 by delivering over €1M operating cash flow.
Contis by Solaris and NAGA Pay are launching a VISA-approved card program that enables users to spend both fiat and cryptocurrency.
The markets seem to focus nowadays on bad news, and look to “sell now” and worry about buying back later.
NAGA’s brokerage business has generated more than €33.5 million in revenue in the first half of 2022, versus €22.3 million in 2021.
Already, NAGA has seen more brokerage sales in year-to-date 2022 than in the entire first half of 2021.
While equity markets globally are taking a hit today, a number of Retail FX firms have reacted especially harshly.
Two of 2021’s market darlings among public traded Retail FX brokers – Swissquote and NAGA.com – have performed the worst YTD in 2022.