Retail FX broker share prices tumble – NAGA down 13%, Swissquote off 6%…
Two of 2021’s market darlings among public traded Retail FX brokers – Swissquote and NAGA.com – have performed the worst YTD in 2022.
Two of 2021’s market darlings among public traded Retail FX brokers – Swissquote and NAGA.com – have performed the worst YTD in 2022.
This marks the third fundraising in 2021 for the fast-growing NAGA, which operates social trading focused website naga.com.
NAGA.com operator NAGA Group has raised €22.7 million from investors including Christian Angermayer and Igor Lychagov.
NAGA has filed an application with OTC Markets Group for cross listing of shares on the OTCQX Venture Market.