Additionally, post-trade revenue registered growth with 12.6% increase to €93.9 million. Clearing revenue reached €31.4 million, up 18% as a result of a volatile environment and net treasury income of Euronext Clearing stood at €15.7 million. Custody and Settlement revenue came in at €62.5 million with a 10.1% rise driven by resilience of the diversified…
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Tim Bevan, Founder and co-CEO of ETC Group commented: As a flagship product, bringing BTCE to Cboe Europe is a logical step as demand for exposure to crypto recovers worldwide. The BTCE listing on Cboe Europe further establishes ETC Group’s leadership position in European domiciled cryptocurrency-backed securities. ETC Group’s products offer several benefits when compared…
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Gruzin commented: I am very honored to receive this promotion and work on expanding Tools for Brokers in this very important part of the world. The demand for new technology is very high in Asian markets, and we are ready to facilitate access to the technology for our local clients and build a stronger presence…
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The markets responded immediately, with risk assets such as shares and bitcoin finding the front foot and recording substantial gains, while the US dollar, which until now had been propped up by the Fed’s hawkishness, dropped to the lowest level in three weeks. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the…
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In June this year, Equinix appointed Fidelma Russo and Jeetu Patel to its board of directors. Earlier this year, the digital infrastructure company expanded its global presence in Chile and Peru. Next quarter outlook The company stated that for the third quarter of 2022, it expects a 1-2 % increase in revenue compared to Q2,…
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An ETF veteran, Bednall will work on Jacobi’s goals to build on the listing of Europe’s first Bitcoin ETF. Incoming Chairman Jamie Khurshid commented: Jacobi continues to develop its ambition to become Europe’s dominant digital asset ETF issuer. The launch of the Jacobi Bitcoin ETF is the beginning of an exciting roadmap for digital asset…
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The average daily volume (ADV) of the period was up 25%, reaching 23.05 million contracts. Non-US ADV reached 6.3 million contracts, seeing growth in Latin America, Asia and EMEA of 40%, 36% and 15%, respectively. Clearing and transaction fees revenue for the final quarter came in at $1 billion. Market data revenue for the same…
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The reasons behind the MPS renouncing the license were not disclosed in CYSEC’s press release, however the company has faced regulatory issues in the past. The Cypriot regulator suspended MPS’s CIF license for a year in September 2019 on suspicions of an alleged violations of the law that may cause concern and risk relating to…
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European Shares Stock markets jumped higher from Tokyo to US future contracts in New-York, as investors cheered a batch of positive corporate results. Solid reports from tech giants Microsoft and Alphabet have given a fresh boost to market sentiment on Wednesday, sparking hopes that companies can handle tighter monetary conditions and a slower economy. However,…
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In Q2 2022, EBITDA increased 13% and touched €584.9 million. Gregor Pottmeyer, CFO of Deutsche Börse AG, commented: Inflation, interest rates, volatility – the financial market environment is still characterised by a high degree of uncertainty. For this reason also the second quarter clearly exceeds our expectations. Pottmeyer added: In addition to strong secular growth,…
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