The December volumes are based on 23 trading days. Performance 2021 The company’s ADV for the year 2021 went up 13.48% to $48.397 billion. The overall volume for 2021 touched $12.583 trillion, surpassing the $12 trillion mark for the first time in FXSpotStream’s history. The overall volumes also marked a 13.48% increase compared to the…
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Yorick Naeff, CEO of BUX, commented: At BUX, our mission has always been to make investing both accessible and affordable. We began this journey by making it possible to invest with zero commissions, something which was previously not offered in the European market. Today, we are making it even more affordable for Europeans to benefit…
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Demetriades has been with IG for almost three years. He joined the company in May 2019 as Executive Director and has played an essential part in establishing the Cypriot entity in its beginning. Finance Background With strong background in finance, Demetriades has served as head of financial departments of a few companies. Prior to IG,…
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FX business The London Stock Exchange pointed out the actions it has taken to advance its part in the international FX ecosystem. The company stated: In May, we announced the further investment to accelerate our development of future capabilities and we launched Workspace for FX Trading in November, which will enable our 16,000-user community to…
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Akash Shah, Chief Growth Officer of BNY Mellon, said: As capital markets shift towards a digital future, we are delighted to further our alliance with SNB Capital by providing a future-ready data analytics solution to help build the leading global capital markets infrastructure in the Kingdom and drive growth. Our collaboration combines the strengths of…
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The administrative five was also imposed on Rodeler Ltd as the AFM found the firm directed Rodeler NL in the violation. The AFM highlighted that such violations can result in a fine of up to €2 million. However, in its decision to impose a €15,000 fine, AFM took into consideration the limited financial strength of…
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BaFin stated: It requires contributors to have in place effective systems and controls. Contributors are natural or legal persons who contribute data for determining benchmarks. In the European Union, the Euro Interbank Offered Rate (EURIBOR) is used as benchmark, for example. Breaches of the Benchmarks Regulation can result in a fine which can reach up…
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CELO The DeFi platform Celo (CELO) helps users and investors to settle transactions via their mobile phones. Celo makes acess to financial services easier though tools and transactions available on mobile-first basis. CELO investors can vote on initiatives such as making the CELO blockchain carbon neutral. Natalie Alfers, Exchange & Partner Marketing Lead at the…
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Katsaros added: In our office, you will meet our Arabic-speaking team led by our Head of MENA, Omar Al-Janabi, and receive information about our Liquidity, cTrader and the TOPFX All-in-One broker solution. An amazing way for us to end a very strong year in which we continued our steady growth. I am very lucky to…
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Background According to the regulator’s complaint, from 2012 to 2018, WorldWideMarkets, along with TAB Networks who performed all of its business activities, participated in forex transactions with 14,000 retail customers. During this period, the companies operated out of New Jersey. However, the CFTC discovered that Plaut organized WorldWideMarkets in the British Virgin Islands in order…
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