The swap and forward trades saw the biggest hit reaching RUB 167.5 trillion, which is a 25.4% fall compared to the previous year. Spot trading volumes, however, registered a 5.5% uptick to RUB 100.4 trillion. Equities, bonds and derivatives markets on MOEX also declined last year. The total trading volume on the Equity and Bond…
Read more
Alpha Group further admitted that the Bristol operations will generate smaller revenue. However, the company elaborated that companies in this market are underserved by traditional providers and their larger peers. Alpha is looking to fill that gap by offering high-quality offering whilst maintaining attractive profit margins. Alpha stated: Although clients will be smaller, our focus…
Read more
European Shares Stocks registered a smooth decline in Europe on Thursday, as benchmarks pulled back towards newly established support levels following a three-day winning streak. Healthcare and consumer cyclicals are among the top losers today, while the real estate sector and energy shares prevented indices from falling much deeper. The STOXX-50 index is trading 0.50%…
Read more
According to SEC, CoinDeal was never sold and no distributions were made to its investors. Furthermore, the defendants misappropriated millions of dollars of investor funds for personal use. Chandran even used the investment funds t buy cars, real estate, and a boat. Daniel Gregus, Director of the SEC’s Chicago Regional Office, said: We allege the…
Read more
The Group stated: ADV outside the United States increased 15% to 6.3 million contracts, including 30% growth in Latin America, 27% in Asia, and 10% in EMEA. Q4 and December 2022 During the fourth quarter of 2022, CME Group recorded Equity Index ADV increase of 26% and a forex ADV jump of 25%. Additionally, SOFR…
Read more
Przewloka joins StateStreet from UBS where he held various senior leadership positions. Most recently he was chief operating officer of Frankfurt-based UBS Europe SE. Joerg Ambrosius said: Andreas brings the financial services experience and leadership needed to continue to drive State Street’s strategy and growth across Continental Europe. He is a seasoned and well-respected executive,…
Read more
The broker ended the month with client credit balance of $95.2 billion, including $2.4 billion in insured bank deposit sweeps. The number came in 9% higher than in December 2021 and 1% lower the prior month. However, client accounts on the platform increased 25% YoY and 1% MoM to 2.09 million in December 2022. Interactive…
Read more
On yearly basis, however, last month’s ADV was 34.3% higher compared to December 2021. In December 2022, FXSpotStream’s overall volume stood at $1.27 trillion. The numbers were 14.2% down from the $1.48 trillion, recorded last November. The overall trading volume of the firm has surpassed $1 trillion for every month of 2022. The December ADV…
Read more
European Shares European shares extended gains registered overnight in Asia on Wednesday, as the New Year’s rally looks set to continue this week. Risk appetite stays on the rise today, despite mixed macro data from the old continent, as investors cheered positive news from China after Beijing is said to be considering extended support measures…
Read more
The average daily volume (ADV) in forex instruments stood at $5.5 billion. The figure fell 12.7% on monthly basis but registered a 31% increase compared to December last year. The brokerage firm reported that demand in Equities continued its upward trajectory. The volume in December was $255.7 billion, falling 8.3% compared to November. On yearly…
Read more