XTB (WSE: XTB), one in every of
Poland’s largest brokerage homes, has introduced a strategic partnership with
the native self-regulatory Affiliation of Particular person Traders (SII). This new
collaboration is geared toward bettering the requirements of the Polish monetary market,
together with the institution of a ‘Spokesperson for Particular person Traders
Rights’.
Current
years have seen a dynamic rise within the variety of particular person traders in Poland,
as evidenced by the ever-growing variety of brokerage accounts. XTB and SII
imagine that to keep up this pattern. There’s a have to modernize and lift the
requirements of inventory market traders’ work.
“At
XTB, we now have been investing in free, universally accessible training for
traders and rising market accessibility,” Paweł Szejko, a Board Member of
XTB, commented. “We frequently cooperate with the Affiliation of Particular person
Traders on this space. From our joint observations, it seems that Polish
traders additionally want assist in defending their rights.”
This led to
the initiative of instituting a Spokesperson for Particular person Traders’ Rights. This position goals to emulate related establishments by safeguarding
the rights and obligations of particular person traders whereas striving for greater
requirements inside the business.
Within the
first quarter of 2023, XTB reported a major inflow of latest purchasers, including
104,200 to their buyer base. This development boosted their complete clientele to a
outstanding 703,900, reflecting a year-over-year (YoY) improve of 46.1% and a
quarter-over-quarter (QoQ) development of over 100%.
An
spectacular spotlight is the surge in lively purchasers, which climbed by 44% YoY,
escalating from 149,800 in Q1 2022 to 215,700 in the identical interval of 2023. It
confirms that the variety of retail merchants and particular person traders are
dynamically rising after the covid pandemic, at a time when individuals are trying
for proactive methods to guard their financial savings and wealth in opposition to record-high
inflation.
What’s the Position of the XTB’s
Spokesperson?
It’s
envisioned that the spokesperson would operate as an unbiased mediator,
working in direction of the amicable decision of great disputes between particular person
traders and monetary establishments.
In
addition, SII and XTB plan to implement joint initiatives to serve particular person traders. This consists of supporting the event of
monetary training, selling points associated to the functioning of the capital
market within the public house, and dealing in direction of common entry to dependable
details about the capital market.
“We
imagine that gaining such a robust Strategic Companion opens new potentialities
for the group of Polish particular person traders,” Jarosław Dominiak, President
of the Board of the Affiliation of Particular person Traders, commented. “We’ve
bold plans on many fronts.”
The Polish
funding platform additionally decreased entry obstacles for brand new traders in
the previous. Not too long ago, XTB launched the InvestResponsibly.com venture geared toward
selling accountable investing.
XTB Launches Financial savings Account,
Ups Dividend
Contemplating
the evolving nature of the funding business and the rising variety of
people looking for methods to guard their wealth in opposition to inflation, XTB has
determined to introduce a brand new ‘investment-savings’ product by the top of
the 12 months.
Final month,
XTB CEO, Omar Arnaout, said that to seize a wider viewers, the dealer is
concentrating on providing merchandise that entice potential new purchasers, notably
excluding contracts for distinction (CFDs).
“We
goal to increase our product choices to succeed in a broader vary of purchasers,”
Arnaout said. “New merchandise are essential for us to interrupt the barrier of
40-55 thousand new accounts. Solely new merchandise, coupled with sturdy advertising and marketing
efforts, can obtain this objective.”
In a current
announcement, the publicly-traded brokerage disclosed that it has deserted its
proposed share buyback plan. As a substitute, the agency determined to distribute its report
income from 2022 as dividends. The corporate plans to reinforce its dividend
distribution to PLN 4.86 per share, up from the beforehand proposed PLN 3.25
per share.
XTB (WSE: XTB), one in every of
Poland’s largest brokerage homes, has introduced a strategic partnership with
the native self-regulatory Affiliation of Particular person Traders (SII). This new
collaboration is geared toward bettering the requirements of the Polish monetary market,
together with the institution of a ‘Spokesperson for Particular person Traders
Rights’.
Current
years have seen a dynamic rise within the variety of particular person traders in Poland,
as evidenced by the ever-growing variety of brokerage accounts. XTB and SII
imagine that to keep up this pattern. There’s a have to modernize and lift the
requirements of inventory market traders’ work.
“At
XTB, we now have been investing in free, universally accessible training for
traders and rising market accessibility,” Paweł Szejko, a Board Member of
XTB, commented. “We frequently cooperate with the Affiliation of Particular person
Traders on this space. From our joint observations, it seems that Polish
traders additionally want assist in defending their rights.”
This led to
the initiative of instituting a Spokesperson for Particular person Traders’ Rights. This position goals to emulate related establishments by safeguarding
the rights and obligations of particular person traders whereas striving for greater
requirements inside the business.
Within the
first quarter of 2023, XTB reported a major inflow of latest purchasers, including
104,200 to their buyer base. This development boosted their complete clientele to a
outstanding 703,900, reflecting a year-over-year (YoY) improve of 46.1% and a
quarter-over-quarter (QoQ) development of over 100%.
An
spectacular spotlight is the surge in lively purchasers, which climbed by 44% YoY,
escalating from 149,800 in Q1 2022 to 215,700 in the identical interval of 2023. It
confirms that the variety of retail merchants and particular person traders are
dynamically rising after the covid pandemic, at a time when individuals are trying
for proactive methods to guard their financial savings and wealth in opposition to record-high
inflation.
What’s the Position of the XTB’s
Spokesperson?
It’s
envisioned that the spokesperson would operate as an unbiased mediator,
working in direction of the amicable decision of great disputes between particular person
traders and monetary establishments.
In
addition, SII and XTB plan to implement joint initiatives to serve particular person traders. This consists of supporting the event of
monetary training, selling points associated to the functioning of the capital
market within the public house, and dealing in direction of common entry to dependable
details about the capital market.
“We
imagine that gaining such a robust Strategic Companion opens new potentialities
for the group of Polish particular person traders,” Jarosław Dominiak, President
of the Board of the Affiliation of Particular person Traders, commented. “We’ve
bold plans on many fronts.”
The Polish
funding platform additionally decreased entry obstacles for brand new traders in
the previous. Not too long ago, XTB launched the InvestResponsibly.com venture geared toward
selling accountable investing.
XTB Launches Financial savings Account,
Ups Dividend
Contemplating
the evolving nature of the funding business and the rising variety of
people looking for methods to guard their wealth in opposition to inflation, XTB has
determined to introduce a brand new ‘investment-savings’ product by the top of
the 12 months.
Final month,
XTB CEO, Omar Arnaout, said that to seize a wider viewers, the dealer is
concentrating on providing merchandise that entice potential new purchasers, notably
excluding contracts for distinction (CFDs).
“We
goal to increase our product choices to succeed in a broader vary of purchasers,”
Arnaout said. “New merchandise are essential for us to interrupt the barrier of
40-55 thousand new accounts. Solely new merchandise, coupled with sturdy advertising and marketing
efforts, can obtain this objective.”
In a current
announcement, the publicly-traded brokerage disclosed that it has deserted its
proposed share buyback plan. As a substitute, the agency determined to distribute its report
income from 2022 as dividends. The corporate plans to reinforce its dividend
distribution to PLN 4.86 per share, up from the beforehand proposed PLN 3.25
per share.