StoneX
August 04, 2022 BY Steffy Bogdanova

StoneX net income jumps 44% to $49 million in Q3 FY22

Sean M. O’Connor, StoneX Group’s CEO, said: We continued to see strong performance across all products and segments, resulting in net income for the quarter of $49.1 million, up 44% compared to the prior year, and diluted EPS of $2.37. Standout performance was achieved by our retail business, with segment income up 338%, and our…

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Spotware announces integration of PANDA CRM with cTrader
August 04, 2022 BY Steffy Bogdanova

cTrader announces addition of PANDA CRM to its integration ecosystem

Panagiotis Charalambous, the Head of Community of Spotware Systems, said: Panda has demonstrated a “get-it-done” ethos that we at cTrader respect and are very familiar with. Both companies are known for prioritising customisation, so we look forward to continuing to work closely in the future. Or Gold, Head Of Commercial Operations in Panda Trading Systems,…

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Reduced retail sales curbs the pound
August 04, 2022 BY Steffy Bogdanova

Daily market commentary: The British pound rises against the euro

With a 50 basis points hike already priced-in, the impact of today’s announcement on sterling is likely to be minimal. However, a surprise lower increase would surely generate pound weakness. Ricardo Evangelista – Senior Analyst, ActivTrades Disclaimer: opinions are personal to the authors and do not reflect the opinions of LeapRate. This is not a…

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Eurex
August 04, 2022 BY Steffy Bogdanova

Eurex interest rate derivatives surge 31% YoY in July

Outstanding notional volumes in OTC clearing also witnessed strong growth with 32% YoY. The Overall outstanding volume reached €27,093 billion at the end of last month. Eurex also registered a surge in overnight index swaps of 120%. Interest rate swaps also spiked 28% in July. The official announcement also detailed that the average daily cleared…

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VT Markets relounches their mobile app
August 03, 2022 BY Steffy Bogdanova

VT Markets relaunches trading app

New features The official press release shared with LeapRate, highlighted a new feature called “Big Movers”. The new addition alerts clients on major market shifts, economic news highlights and trading opportunities in the previous 24 hours. VT Markets also noted the new “Learn” feature which provides educational content to continuously expand their trading knowledge and…

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Daily Market Commentary
August 03, 2022 BY Steffy Bogdanova

Daily market commentary: Brent oil prices are trading almost flat, after dropping nearly 4% during the two previous sessions

Oil Brent oil prices are trading almost flat this morning, after dropping almost 4% during the two previous sessions. The price of the barrel has been coming under pressure, as fears of a recession grow in Europe and the US, and China’s Covid-zero policy continues to affect activity, creating a scenario that entails a drop…

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MOEX
August 03, 2022 BY Steffy Bogdanova

Moscow Exchange FX volumes fall nearly 33% YoY in July

The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 1.50 trillion. The numbers were 2.5% lower than June 2022 when it was RUB 1.53 trillion. On yearly basis, this was a 60% drop. Trading volume in RDRs, shares, and investment fund units fell by 15.6% MoM to RUB 767.7…

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August 03, 2022 BY Steffy Bogdanova

Paysafe names Rob Gatto its first CRO

Gatto is a seasoned technology executive who brings decades of experience of delivering growth and ‘go to market’ functions for private, as well as public businesses of all sizes. Most recently, he was co-founder and President of Ureeka Inc., a community to help small businesses go to market and grow quickly Prior to that, Gatto…

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