November 03, 2022 BY Steffy Bogdanova

Brokeree’s flagship Liquidity Bridge integrates with XTRD

The institutional-grade OEMS for digital asset trading XTRD provides a combination of services, including FIX API for digital asset trading, real-time normalized market data feeds, low-latency execution services, and a secure environment inside Equinix data centers. Brokeree said in the press release: In the  liquidity aggregation field, especially in volatile markets such as crypto, it’s…

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Daily Market Commentary
November 03, 2022 BY Steffy Bogdanova

Daily market commentary: The US dollar is on the front foot, climbing more than one percent

Those who expected the Fed to pivot any time soon would have been disappointed by Powell’s message. On the other hand, dollar bulls will be celebrating the prospect of further monetary tightening as it generates strong tailwinds for the greenback, creating scope for more gains in the foreseeable future. Ricardo Evangelista – Senior Analyst, ActivTrades…

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Saxo Bank
November 03, 2022 BY Steffy Bogdanova

Saxo Bank’s FX volume falls 13% MoM in October

The average daily volume (ADV) in forex instruments stood at $6.1 billion. The figure was 9% lower on monthly basis but 19.6% up compared to October last year. The brokerage firm reported that demand in Equities picked up during last. The volume in October was $ 256.5 billion, gaining 3.5% compared to September. On yearly basis,…

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November 03, 2022 BY Steffy Bogdanova

Muinmos hires Agnieszka Noworól as Customer Success Director

Customer Success Director at Muinmos In her new role in Muinmos, out of the company's headquarters in Denmark, Noworól will focus on evolving the new clients induction processes. As a part of the management team, she will also work on developing Muinmos’ strategy to grow the business globally. Remonda Kirketerp-Møller, Founder and CEO, Muinmos said:…

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ASIC ban
November 02, 2022 BY Steffy Bogdanova

ASIC issues an 8 year ban on former Trade360 manager

Regarding Bringans, the regulator stated: In banning Mr Bringans, ASIC found that he is not adequately trained and competent, that he is not a fit and proper person to provide financial services, and that he ignored one of his key duties as a responsible manager, which was to ensure that Sirius Financial complied with the…

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LMAX Group
November 02, 2022 BY Steffy Bogdanova

LMAX gross profit reaches $106 million in 2021

Furthermore, LMAX reported that its gross revenue also jumped 80% YoY. The Group explained that it saw growth in “institutional market share in both traditional FX and crypto currency markets, despite volatility and downward pressure on volumes.” In 2021, LMAX Digital volumes reached more than $500 billion, according to the Group. David Mercer, CEO of…

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Swiss Stock Exchange
November 02, 2022 BY Steffy Bogdanova

SIX trading turnover falls 16% MoM in October

According to the figures, total number of transactions conducted from January to October fell 0.9/% to 52,135,512. The SIX Swiss Exchange stated: The highest turnover on a single trading day was recorded on 4 October, which saw securities worth a total volume of CHF 4.6 billion changing hands. The highest number of trades was recorded…

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FXSpotStream
November 02, 2022 BY Steffy Bogdanova

FXSpotStream's ADV fall 5.8% in October

On yearly basis, however, ADV was 37% higher compared to October 2021. In October, FXSpotStream’s overall volume stood at $1.45 trillion. The numbers were 10% down from the $1.61 trillion, recorded in September 2022. The overall trading volume of the firm has surpassed $1 trillion every month since the beginning of the year. The October…

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