April 11, 2022 BY Steffy Bogdanova

Daily market commentary: Stock benchmarks opens without clear direction while market volatility is on the rise

European shares Stock benchmarks opened without clear direction while market volatility was on the rise on Monday as investors digested a batch of mixed economic news from different regions. Despite positive CPI data that topped estimates in China overnight, the Asian trading session was marked by lingering worries regarding the Covid resurgence in the area…

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Capital.com
April 11, 2022 BY Steffy Bogdanova

Capital.com sees a 36% rise in trading volumes in Q1 2022

David Jones, Chief Market Strategist at Capital.com, said: There's nothing like volatility to bring traders to markets, and we obviously had that by the bucket load in the first quarter of the year. Gold and oil were notably active markets as Russia invaded Ukraine - at its highest, oil was up 70% for the year…

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Swiss Stock Exchange
April 11, 2022 BY Steffy Bogdanova

Helveteq lists crypto ETPs on SIX Swiss Exchange

With ETPs and Structured Products combined, SIX’s offering includes 240 products based on 18 cryptocurrencies, provided by 13 issuers. Since the beginning of 2021, SIX has added several new crypto ETP issuers. Last year, the exchange’s trading turnover jumped 673% in related to cryptocurrencies. Christian Reuss, Head SIX Swiss Exchange, added: Already early, Switzerland established…

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SGX
April 11, 2022 BY Steffy Bogdanova

SGX FX futures traded volume rises 34% MoM in March

SGX sees growth in securities turnover Securities market turnover value rose 21%MoM in March, reaching S$35.7 billion. This also lifted the turnover for the last three months, from January-to-March by 26% compared to previous quarter to S$91 billion. The bellwether Straits Times Index (STI) rose 5.1% in last month to 3,408.52. It was Asia-Pacific’s strongest…

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PrimeXM
April 11, 2022 BY Steffy Bogdanova

PrimeXM sees trading volume rise of 23% YoY in March

PrimeXM’s Data Centre in LD4’s notional trading volume in March stood at $964 billion. TY3 recorded $191 billion and NY4 followed with $191 billion. SG1 data centre showed steady growth with $8.57 billion. XAUUSD remains the most popular trading instrument, recording one third of all volume traded in March. EURSD index took 2nd place with…

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FXPrimus rebrands
April 08, 2022 BY Steffy Bogdanova

Forex & CFDs broker FXPRIMUS announces rebrand

The launch of these ongoing concrete structural improvements reveal that the 12-year old brand is also adaptable and focused on technology and speed. A spokesperson of FXPRIMUS commented: We are absolutely delighted to be taking live the multitude of improvements that our talented resources have been working on for many months. With these changes, our…

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CMC markets
April 08, 2022 BY Steffy Bogdanova

CMC Markets expects FY22 revenue to reach £280 million

Lord Cruddas, the CEO of CMC Markets, commented: I am delighted to report another year of strong performance both strategically and financially. Outside of the pandemic year (Financial year ending March 2021), this is a record net operating income result for the company. The performance reflects the ongoing success of our B2B technology partnerships and…

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April 08, 2022 BY Steffy Bogdanova

Paysafe appoints Bruce Lowthers as new CEO

Philip McHugh, who Lowthers succeeds, led Paysafe through the pandemic and took the company public, positioning it for its next phase of growth. Daniel Henson added: On behalf of the Board, I want to thank Philip for his leadership over the past three years.  He has taken Paysafe public, expanded its footprint and established value-added…

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