XTB
October 27, 2022 BY Steffy Bogdanova

XTB nearly doubles its revenue in Q3

The broker also saw a 52.7% increase in the CFDs trading volume on its platform from 1.044 million to 1.594 million lots of contracts. Active clients The acquisition of new clients of on the platform slightly decreased in the last quarter, compared to the previous one. The broker registered 44,800 new clients from July to…

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Daily Market Commentary
October 27, 2022 BY Steffy Bogdanova

Daily market commentary: The euro is trading flat as the European session gets underway, remaining above parity with the US dollar

European Shares Shares fluctuated on Thursday in Europe, trading sideways in a less volatile fashion than usual, as traders brace for today's ECB announcement. The wait-and-see trading stance prevails so far on European benchmarks, following a 4-day rally fuelled by bets of a pivot in hawkish monetary policies. While a 75 basis point rate hike…

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October 27, 2022 BY Steffy Bogdanova

Spectrum Markets hires Ilja Rempel as Head of Risk

Ilja Rempel said: I am very pleased to join this innovative, high-tech trading venue. The regulatory challenges are constantly increasing, but the introduction of 24/5 turbo trading for cryptocurrencies at the beginning of May alone, as the first European trading venue, shows how far Spectrum has come here. Career background Ilja Rempel brings an extensive…

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October 26, 2022 BY Steffy Bogdanova

CME Group reports revenue of $1.2 billion in Q3

The average daily volume (ADV) of the period was up 26%, reaching 22.4 million contracts. Non-US ADV came in at 6.1 million contracts, seeing growth in Asia, Latin America, and EMEA of 41%, 31% and 14%, respectively. Clearing and transaction fees revenue for the final quarter came in at $1 billion. Market data revenue for…

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October 26, 2022 BY Steffy Bogdanova

Hantec Markets expands in LATAM, opens a new Chile office

Andrew Speakman, LATAM Business Development Director of Hantec Markets, said: Our expansion into Latin America is an important point of emphasis for Hantec Markets that will boost our global presence. Nader Nurmohamed, Chief Operating Officer of Hantec Markets. Added: We wanted to move into one of the largest financial centers in the region, and Chile…

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October 26, 2022 BY Steffy Bogdanova

Daily market commentary: A string of negative economic data released reveals that the Fed’s tightening drive is starting to open some cracks in the American economy

European Shares European shares held their gains at the start of another busy day, following the bullish sentiment registered overnight in Asia, as short-term risk appetite remains high almost everywhere. Macro developments are taking a break this week with the lack of key data release (apart from the ECB meeting tomorrow), and investors rely on…

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BlackBull Markets introduces New Zealand Share CFDs
October 26, 2022 BY Steffy Bogdanova

BlackBull Markets adds New Zealand share CFDs to its offering

Chief Business Development Officer of BlackBull Markets, Anish Lal said that he believes it important that investors are given the option to profit from the rising and falling of stock prices in the local market. He noted that this motivated the broker to seek out the development of these CFD products. Chief Business Development Officer…

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