The total number of trades reached 32.48 million, registering a 15% rise compared to last year’s 28.22 million trades. PrimeXM’s Data Centre in LD4’s notional trading volume in January stood at $923.07 billion, 8.35% higher than last month. TY3 recorded $143.10 billion and NY4 followed with $118.20 billion. SG1 data centre showed steady growth with…
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Clearing and transaction fees revenue for the final quarter came in at $949 million. Market data revenue for the same period was $142 million. The revenue for the full year in turn, was $4.7 billion. Operating income reached $2.6 billion, while net income stood at $2.6 billion, with diluted EPS at $7.29. The adjusted net…
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SONIA is the most used alternative to LIBOR in the UK. Since 2018, Its floating rate note issuance in cash markets surpassed £120 billion. New SONIA lending has exceeded £100 billion in a diverse range of sectors. The Bank of England estimates that less than 2% of the total sterling LIBOR legacy stock remains and…
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Capital.com shared plans to introduce new products and features to its platform in the next year. The company mentioned enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices. Squires added: Capital.com is developing a dedicated AI solution to better understand client behaviour and to create a more personalised…
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Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: At CFI, we always look to transcend the previous milestone and this time around, we believe that with this largely unique and unmatched product, we have managed to deliver on our promise of providing an ever-expanding range of products where traders…
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The new solution also offers full trade traceability from issuer to market to isolate degraded decision and transmission latencies, transaction completeness monitoring and reconciliation across inter and intra-plant to detect lost messages and discrepancies in real-time. Clients can also benefit from live order state monitoring to track open position, close open orders and reconcile client/market…
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ThinkMarkets pointed that that the margin changes for some of the products are significant and urged traders to make sure their accounts are “capitalised well enough to avoid a margin call.” These changes will take effect tomorrow, on 9 February, at 2100 hours GMT. ThinkMarkets has been focused on expansion during the past year. The…
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The exchange stated: Also, in its listed business Eurex saw a good start into the new year. In terms of traded contracts, equity index derivatives stood out in particular, growing by 6 percent year-on-year to 65.7 million in January. Interest rate derivatives contracts traded also grew – by 4 percent to 45.2 million year-on-year. Equity…
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This customer had started placing suitcases full of cash in a safe deposit box at Credit Suisse. He was later shot dead in 2005. The prosecutors believe that Banev and his associates used a practice called smurfing. This entails breaking down a large sum of money into smaller amounts, which are below the AML alert…
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Trading of tokenised funds The partnership will enable trading of tokenised, actively managed funds, specifically UCITS (Undertakings for Collective Investment in Transferable Securities) funds. The UCITS trading is planned to launch in 2022. Founder and CEO of Investre Georges Bock explained: Our vision is to have tokenised funds traded online and, one day, to trade…
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