Euronext
November 04, 2022 BY Steffy Bogdanova

Euronext revenue drops by 14% in Q3

Additionally, post-trade revenue (excluding NTI) registered growth of 3.7% YoY to €86.2 million. Clearing revenue reached €29.1 million, 5.8% lower on yearly basis as a result of a growing bonds and derivatives clearing activity and net treasury income of Euronext Clearing stood at -€38.3 million. Euronext reported adjusted earnings before interest, taxes, depreciation and amortization…

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Equinix expands footprint in India with a fourth data centre
November 03, 2022 BY Steffy Bogdanova

Equinix sees Q3 net income of $212 million

Operating income for Q3 reached $333 million, registering a 5% increase compared to the second quarter. Charles Meyers, the President and CEO of Equinix, said: We had another record quarter as global demand for digital infrastructure continues to grow and customer preferences trend convincingly toward architectures that are highly distributed, persistently hybrid, deeply cloud-connected, and…

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Robinhood
November 03, 2022 BY Steffy Bogdanova

Robinhood sees total net revenue of $361 million in Q3

Options trading brought in $124 million revenue, gaining 10% to previous quarter. Cryptocurrency trading decreased 12% QoQ to $51 million and equities trading increased 7% QoQ to $31 million. Vlad Tenev, CEO and Co-Founder of Robinhood Markets, said: In the third quarter we achieved our goal of reaching adjusted EBITDA profitability, a quarter earlier than…

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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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