Yorick Naeff, CEO of BUX, commented: After working with Niek for many years, we are delighted to welcome him to the BUX team. BUX has entered a new phase of explosive growth and it’s vital our operations run with maximum efficiency. With Niek's in-depth knowledge of execution and post trade, I’m confident he will be…
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The volumes of equity index daily futures contracts registered a substantial increase last month, on a monthly basis, as well as yearly. TFX said: The total trading volume of Equity Index Daily Futures contracts (Click kabu 365) was 6,967,482 (+66.1% MoM / +82.9% YoY) and its average daily trading volume was 316,729. The trading volumes…
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One pressing issue is shadow banking which is a type of banking system where financial activities are facilitated by unregulated intermediaries. Shadow banking using cryptocurrencies became a significant issue following the collapse of the stablecoin project Terra. It promised a return of up to 20% for USD-pegged stablecoin deposits. She added: I think what I’m…
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Gold Gold prices fell during early Wednesday trading, carrying the momentum initiated during the previous session. The value of the precious metal is declining in the markets, mainly due to its inverted correlation with the US dollar, as the American currency regains the front foot. Inflation related concerns remain at the top of Federal Reserve’s…
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This was a 0.6% decline compared to the same period the previous year. 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.
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Lola Negmatova commented: This is a great opportunity to showcase my skills in a whole new way, which I plan to do through the continued expansion of TFB's global partner list and a deep analysis of each individual partnership’s benefits for both TFB and our partners. One of my key focus areas is getting an…
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Steve Sanders, EVP of Marketing and Product Development at Interactive Brokers, said: Interactive Brokers was the first big broker to introduce fractional trading in U.S. shares and it’s been very popular with our clients. Adding European fractional shares gives investors the opportunity to trade across markets in a more affordable way, in addition to the…
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Johan Tjärnberg, Group CEO of Trustly, commented: I am delighted to welcome Ecospend to Trustly. This is a perfect strategic fit and I am convinced that it will enable us to deliver a market-leading product in the UK, allowing us to capture opportunities and accelerate our current UK expansion. Metin Erkman, Founder of Ecospend, said:…
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Gold Gold prices are almost flat at the start of the European trading session, having earlier dropped by a half percent. The US dollar strengthened overnight, following hawkish comments by a senior Federal Reserve official, who maintained the US central bank should hike interest rates by 50 basis points at every coming meeting, until inflation…
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Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said: After the strong success of the ESG version of the CAC 40 index, we are proud to provide investors today with a powerful tool to reallocate their investment flows towards sustainable finance, since they play a key role in making this transition of…
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