Sam Bankman-Fried, CEO of FTX and currently serving as Interim CEO of FTX Japan, said: The acquisition not only gives us a technological advantage, but also allows us to work directly with Japanese regulators in a transparent, constructive and positive manner. With the launch of FTX Japan, FTX will be able to provide the Japanese…
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ME Group also saw record SOFR options ADV which reached 173,964 contracts, including a single-day trading volume record of 397,212 contracts registered on 25 May and record open interest (OI) accounted for 4,102,865 contracts on 31 May. The company said: 8 trading days when SOFR futures daily volume surpassed Eurodollar futures, with SOFR futures ADV…
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David Vincent, smartTrade’s Co-Founder and CEO said: Michael will be an invaluable addition to the Executive Leadership Team. He is a proven technology executive with a unique depth of operational experience and a firm commitment to customer success. I am confident that he brings the skills required to meet smartTrade’s growth ambitions as we build…
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Ed Tilly, Chairman and CEO of Cboe Global Markets, commented: With NEO, we are creating another connection across borders through our network of trusted markets, enabling Canadian clients to pursue global growth opportunities through innovation, enhanced technology and access to new ways of trading and listing. Our global strategy is focused on developing a seamless…
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Terry Loh, Director of Omada Global Limited, commented: We are excited to partner with Brokeree Solutions. With this partnership, we can establish our social trading platform smoothly with top-notch technology backing us up. We hope to achieve a brand new era of social trading with our platform to give followers and signal providers around the…
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Pepperstone Bahamas Executive Officer, Tyrone Fitzgerald commented: At Pepperstone, we’re focused on ensuring that our clients, partners, suppliers and employees are proud to be part of an organisation that is trusted, regulated and committed to doing what’s right to improve experiences. Through membership with the Financial Commission, brokerages and their clients can benefit from unbiased…
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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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