Euroclear reports operating income increase of 7% in H1 2021
October 28, 2022 BY Steffy Bogdanova

Euroclear net profit nearly doubles in first nine months of the year

Operating Expenses also increased, reaching €824 million, a 14% rise on yearly basis. The company noted earnings per share increased 92% to €11.9 per share, reflected the increase in net profit. Lieve Mostrey, Chief Executive Officer, Euroclear, said: The group benefits from a diversified business model which allows us to focus on supporting clients through…

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Market Analysis
October 28, 2022 BY Steffy Bogdanova

Daily market commentary: Share markets drifted slightly lower, from Chinese and Japanese stocks to US futures on the S&P500

Мeanwhile, corporate results are likely to continue driving sentiment for stocks, with today’s reports from Safran, Sanofi and Airbus in Europe alongside Exxon Mobil and Chevron in the US. Pierre Veyret– Technical analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a trading advice.

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Tradeweb
October 28, 2022 BY Steffy Bogdanova

Tradeweb revenue up 8.2% in Q3

Tradeweb further reported that its net income for the period came in at $81.6 million and adjusted net income at $106.5 million. The figures increased by 24.9% and 13.1% respectively compared to the previous year. The adjusted EBITDA margin stood at 51% and adjusted EBITDA for the quarter was $146.3 million, compared to 50.1% and…

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CQG releases CQG One
October 27, 2022 BY Steffy Bogdanova

CQG introduces Optio Research for institutional trading solutions

Ryan Moroney commented: As more institutional clients move toward Web3 blockchain-driven technology, Optio gives CQG the opportunity to accelerate our footprint and play a leading role in the fast-growing digital asset space. Terry Lam added: Over the last few years, we have seen the crypto marketplace develop rapidly. However, it is evident that the workflow…

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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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