Wout Kalis joins Broadridge as APAC Head of Asset Management Solutions
March 03, 2023 BY Steffy Bogdanova

Broadridge hires Wout Kalis as APAC Head of Asset Management Solutions

Wout Kalis commented: I am excited to join Broadridge to help our clients digitize their operations and drive the next phase of Broadridge’s business growth in Asia Pacific. APAC’s asset management industry growth is outpacing other regions across alternative and traditional sectors. Growth across private markets, hedge funds and family offices in particular makes this…

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MOEX
March 03, 2023 BY Steffy Bogdanova

Moscow Exchange FX volumes fall 45% YoY in February 2023

The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 2.49 trillion. The numbers were almost 56% lower than February 2022. Compared to last month, there was a 55.5% uptick. Trading volume in RDRs, shares, and investment fund units stood at RUB 1.06 trillion, with a 77% YoY decrease. Demand…

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Market Analysis
March 02, 2023 BY Steffy Bogdanova

Technical Analysis: Crude oil rebounds higher this week

Gold The performance of Gold is mostly associated with the strength of the US dollar and yields of long-term bonds in both the US and other major economies. Strong labor market in January and stronger than expected CPI print had boosted the US dollar as bond yields started to grow again. That pressured Gold, driving…

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LSEG, London Stock Exchange
March 02, 2023 BY Steffy Bogdanova

LSEG’s total income up 18.5% to £7.7 billion in 2022

The Group’s operating profit for 2022 came in at £1.4 billion, jumping 33.1% from the previous year. The stock exchange reported pre-tax profit of £1.2 billion, up by 38.8%. Basic earnings per share for the period surged 65.3%. LSEG ended the year with adjusted EBITDA at £3.5 billion, 19.6% higher than 2021 and with unchanged…

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March 02, 2023 BY Steffy Bogdanova

Brokeree Solutions’ flagship Liquidity Bridge integrates with Match-Prime Liquidity

With the latest integration, traders using MetaTrader4 and 5 trading platforms can simultaneously access Liquidity Bridge and Match-Prime. The official announcement pointed out the personalised approach that the direct integration allows by ensuring easy access to major trading pairs and efficient execution of trades under personalised conditions. Stavros Economides, Chief Operating Officer at Match-Prime Liquidity,…

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Interactive Brokers
March 02, 2023 BY Steffy Bogdanova

Interactive Brokers sees 15%YoY fall in DARTS in February

The broker ended the month with client credit balance of $97.9 billion, including $2.5 billion in insured bank deposit sweeps. The client credit balance came in 10% higher than in February 2022 and 2% below the prior month. However, client accounts on the platform increased 22% YoY and 2% MoM to 2.16 million in February…

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Deutsche Börse
March 02, 2023 BY Steffy Bogdanova

Deutsche Börse’s cash markets turnover drops 35% YoY but strengthens slightly on monthly basis in February

Trading volumes on Börse Frankfurt in February 2023 came in at €2.93 billion (January 2023: €3.01 billion). Last month, Equities on Deutsche Börse generated € 96.93 billion and trading in ETFs/ETCs/ETNs accounted for € 14.84 billion of the turnover. Bonds recorded €0.53 billion, certificates €0.97 billion and funds brought in €0.04 billion. Linde plc was…

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24 Exchange reports a record Forex NDF Trade Volumes in October
March 01, 2023 BY Steffy Bogdanova

24 Exchange reports record Forex NDF trade volume in February

24 Exchange CEO and Founder Dmitri Galinov, said: We are very pleased to see such a record-setting response to our FX NDF offering. Our platform is uniquely able to bridge the bifurcated pool of liquidity in NDFs to unlock a single anonymous pool of liquidity for discerning institutional customers. Our growing company remains committed to…

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March 01, 2023 BY Steffy Bogdanova

Binance invests in venture fund Nomad Capital

Erick Zhang, Managing Partner, Nomad Capital, said: Nomad Capital is committed to partnering with our portfolio companies to help them achieve their full potential. Binance’s values and culture have a profound impact on our team and our approach to investing. We are incredibly grateful for Binance’s support and trust. This investment will further propel us…

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FTX
March 01, 2023 BY Steffy Bogdanova

CFTC and SEC file fraud charges against FTX co-owner Nishad Singh

According to the court filings, between May 2019 and November 2022, FTX’s customer assets were not separated from the company’s as represented to the customers. Furthermore, they were “routinely held by FTX’s sister digital asset trading company, Alameda” and misappropriated for “luxury real estate purchases, political contributions, and high-risk, liquid digital asset industry investments.” The…

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