Quantfury to Start Paying Federal Reserve Interest Rate Plus 50 Basis Points on Instantly Available Cash in USD and USD Stablecoins
20.7.2023 17:00:00 EEST | Business Wire | Press release
Quantfury Trading Limited ("Quantfury"), a global multi-asset brokerage firm, announces that effective today, clients will earn 5.75% in USD and USD stablecoins on instantly available cash balances.
Unlike other brokerages and trading platforms, Quantfury pays interest daily, based on the leading economic indicator and directly to client spot wallet account balances eliminating any restrictions or special programs and enabling cash to be instantly available. Further, Quantfury Interest Rate paid to cash balances represents a transparent mechanism to protect clients’ funds from inflation on a monthly basis.
Quantfury Trading CEO Ali Pourdad comments, "We are pleased to offer another innovation for Quantfury clients as a way to protect their instant available cash balances from depreciation, continuing the traction of unmatched conditions in the field of trading and investing."
Quantfury Trading is a fully regulated broker-dealer with the Securities Commission of the Bahamas. It also maintains a digital wallet custodian license under the DARE Act. The Quantfury brokerage offers the best trading conditions globally for retail traders. The Quantfury business model aims to monetize the retail trading flow by developing world-class proprietary quantitative trading strategies.
About Quantfury
Quantfury is a global brokerage that offers commission-free trading and investing at real-time spot prices of global and crypto exchanges. As of 2023, Quantfury has 500,000-plus users in more than 50 countries.
For more information, visit www.quantfury.com.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230719328430/en/
Contact information
About Business Wire
For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Kingspan Insulation Chooses Expereo to Unify Connectivity and Accelerate Growth Across 90 Global Sites17.2.2026 11:00:00 EET | Press release
Expereo, the world-leading managed Network as a Service (NaaS) provider that connects people, places and things anywhere, announces that Kingspan Insulation, the global manufacturer of premium and high-performance insulation products and systems, has selected Expereo to deliver a fully managed connectivity solution across its worldwide operations. Expereo’s solution enables Kingspan Insulation to consolidate its complex network of disparate ISPs into a single, centralised, fully managed solution - enhancing visibility, compliance, and agility to enable rapid growth and scalability of Kingspan Insulation’s operations. Kingspan Insulation manages a complex WAN environment with 90 sites globally across multiple vendors - which creates significant challenges in terms of efficient connectivity, compliance and security. With the business moving away from MPLS and embracing SaaS and cloud services, the need for resilient, standardized, and agile connectivity has become critical. Kingspan Insu
Ohana Development Launches USD 4.1 Billion ‘Manchester City Yas Residences by Ohana’ in Abu Dhabi17.2.2026 10:51:00 EET | Press release
Ohana Development, a leading UAE real estate developer, has officially launched ‘Manchester City Yas Residences by Ohana,’ a USD 4.1 billion gated waterfront community on Yas Canal in Abu Dhabi and Manchester City F.C.’s first branded residential project globally. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216102386/en/ Manchester City Yas Residences by Ohana (Photo: AETOSWire) The project was launched at Etihad Park in Abu Dhabi, in the presence of Husein Salem, CEO, and Mustafa El Sammak, COO, of Ohana Development as well as Ferran Soriano, CEO of City Football Group. During the event, the Abu Dhabi Real Estate Centre announced the digitisation of Expressions of Interest and booking processes for off-plan purchases through its Madhmoun platform, introducing a new regulated framework in Abu Dhabi. Registrations will operate under ADREC’s direct supervision with mandatory escrow management, strengthening investor prot
ITC Secure and IronNet Unite to Form Collective Defence, a New Force in Critical Infrastructure Protection Against Hybrid Warfare17.2.2026 10:00:00 EET | Press release
Collective Defence today announces its formation following the combination of ITC Secure, a leading UK-based cybersecurity services firm and Microsoft Security Solutions Partner, and IronNet, a pioneer in collective defence and network detection technology. The company is headquartered in Luxembourg and operates from offices in the United States, United Kingdom, and Singapore. Collective Defence addresses one of the most pressing security challenges of our time: the escalating threat of hybrid warfare targeting critical infrastructure. Across energy grids, telecommunications networks, financial systems, healthcare and satellite infrastructure, nation-states and their proxies are conducting persistent, sophisticated campaigns. This blurs the lines between cyber operations, disinformation, and physical disruption. Collective Defence brings together advanced technology, intelligence, and operational expertise to detect, deter, and defend against threats at scale. A New Model for a New Thr
Red Sea Global Reveals ADRENA, a New Adventure and Entertainment District16.2.2026 22:11:00 EET | Press release
Red Sea Global (RSG), the developer behind the regenerative tourism destinations The Red Sea and AMAALA, has revealed plans to open an adventure and entertainment district. It will be unveiled to the public from 1 March, following a soft launch for invited guests from 15 February. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216890688/en/ ADRENA is located a short drive away from the recently opened Shura Island Named ADRENA, it will serve guests from across The Red Sea destination and further afield. Located a short drive from Shura Island, the district will offer visitors unique activities, ranging from surfing to wakeboarding, cliff diving to skateboarding. Set in a truly unspoiled and natural environment, ADRENA offers day and night entertainment for different moods. After dark, the beach club becomes a place to unwind while a DJ plays rhythmic house music, delicious South American cuisine is accompanied by an espec
HELLENiQ ENERGY and Chevron Sign Offshore Concession Agreements for Hydrocarbon Exploration and Production with the Hellenic Republic16.2.2026 20:07:00 EET | Press release
HELLENiQ ENERGY, in collaboration with Chevron, signed today the Lease Agreements with the Hellenic Republic for the exploration of four offshore blocks located south of Crete and the Peloponnese, marking a significant milestone for Greece’s upstream development. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260216381183/en/ Snapshot from the signing of the lease agreements at the Maximos Mansion, attended by Prime Minister Kyriakos Mitsotakis. From left: Stavros Papastavrou, Minister of Environment and Energy; Andreas Shiamishis, CEO of HELLENiQ ENERGY; Gavin Lewis, VP Global New Ventures at Chevron; and Aristofanis Stefatos, CEO of HEREMA The successful consortium, with Chevron at 70% interest and being the Operator and HELLENiQ ENERGY at 30% interest, was selected following a competitive international tender launched by the Greek State in 2025. The four offshore blocks - South Crete 1, South Crete 2, South of Peloponnese
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom