Interactive Brokers expands with new office in Dublin
November 10, 2022 BY Steffy Bogdanova

Interactive Brokers opens a new office in Ireland

Keller went on to say that the broker’s office in Dublin currently employs 110 staff, which is higher than the firm originally anticipated. Mary Buckley, Interim CEO, IDA Ireland, added: Ireland, given its vibrant international financial services environment, has proven to be an excellent location for Interactive Brokers and this move to new offices signals…

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Deutsche Börse
November 09, 2022 BY Steffy Bogdanova

Deutsche Börse’s cash markets turnover drops nearly 14%MoM in October

Trading volumes on Börse Frankfurt in October came in at €2.14 billion (September: €2.51 billion). Last month, Equities on Deutsche Börse generated €78.75 billion and trading in ETFs/ETCs/ETNs accounted for €18.29 billion of the turnover. Bonds recorded €0.27 billion, certificates €0.80 billion and funds brought in €0.05 billion. Linde plc was the DAX stock with…

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November 09, 2022 BY Steffy Bogdanova

Binance agrees to buy FTX's non-US unit in bailout

FTX CEO Sam Bankman-Fried had this to say on twitter: Things have come full circle, and http://FTX.com’s first, and last, investors are the same: we have come to an agreement on a strategic transaction with Binance for http://FTX.com (pending DD etc.). Bankman-Fried highlighted that the important thing in the situation is that “customers are protected.”…

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November 09, 2022 BY Steffy Bogdanova

Capital.com selects Integral’s SaaS FX technology solution

Harpal Sandhu, CEO, Integral, commented: Our cloud-based SaaS offering has been built with our customers in mind and enables them to grow and outperform their competition. We’re very pleased to be working with Capital.com and further expanding our client base in the broker segment. Available at a fixed subscription cost, Integral’s SaaS technology allows platforms…

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Euronext
November 09, 2022 BY Steffy Bogdanova

Euronext FX trading volumes drop 15% MoM in October

The average daily volume in FX for last month came in at $21.5 billion. Compared to September’s $24.2 billion, this was a 11.1% MoM drop. Total Cash Market numbers in October stood at $206.8, down by 9% compared to September 2022. On yearly basis, the exchange saw a 19% decrease. Derivatives markets on Euronext also…

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November 08, 2022 BY Steffy Bogdanova

Integral ADV falls 10.7% MoM in October

Compared to October 2021, ADV decreased 9.5%. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds. Last month, Judy Goh joined the firm as Managing Director and Head of Sales for Asia Pacific. Integral also expanded its sales team with…

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ASIC ban
November 08, 2022 BY Steffy Bogdanova

FX Ponzi scheme operator pleads guilty in a $180 million fraud case brought by ASIC

According to ASIC, the Courtney House companies convinced investors that their funds would be traded in Forex and Futures markets, however, only 3% of those funds were actually traded. Instead, the amounts paid to investors on monthly basis, came from the deposits of new investors. The Australian regulator stated: In addition to offering purported ‘standard’…

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November 08, 2022 BY Steffy Bogdanova

Daily market commentary: the US dollar regains some momentum in relation to other major currencies

European Shares Shares drifted moderately lower in Europe on Tuesday, alongside US Futures and following a mixed Asian trading session. Market sentiment remains uncertain this week as traders brace for another batch of macro developments such as today’s US mid-term elections and EIA Short-term Energy Outlook, while the crucial CPI report looms on Thursday. In…

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