December 03, 2021 BY Steffy Bogdanova

24 Exchange raises $14 million in a funding round led by Point72 Ventures

Dmitri Galinov, CEO and Founder of 24 Exchange, said: In the company's first 24 months, we've successfully delivered an over-the-counter FX trading solution to clients that offers significantly reduced costs and improved functionality. We look forward to putting this additional operating capital to work to further expand our offerings beyond FX Non-Deliverable Forward (NDF) trading,…

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Moscow Exchange
December 03, 2021 BY Steffy Bogdanova

MOEX trading volumes rise 7.2% MoM in November

MOEX reported that Derivatives Market volumes increased by 33.33% MoM to RUB 17.6 trillion in November (October 2021: RUB 13.2 trillion) or 216.9 million contracts (October 2021: 166.7 million). The Standardised OTC Derivatives Market volumes decreased by 12.31% MoM, reaching RUB 234.4 billion. FX Market trading volume stood at RUB 26.1 trillion (October 2021: RUB…

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SEC fraud
December 03, 2021 BY Steffy Bogdanova

SEC files charges in a $7 million digital asset fraud case

According to SEC, Auzins carried out a second scheme, where from April 2019 to July 2019 he fraudulently offered the unregistered securities of Innovamine, which supposedly provides cloud mining program. SEC stated that “Auzins claimed that investors could contribute digital assets to Innovamine, and then the company would perform mining activities and provide investors with…

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December 03, 2021 BY Steffy Bogdanova

CME Group reports a 20% YoY rise in overall ADV in November

CME Group stated: ADV outside the United States increased 11% to 6.4 million contracts, including 33% growth in Latin America, 14% in EMEA and 2% in Asia. BrokerTec U.S. Treasury average daily notional value (ADNV) increased 17% to $127B, including a record RV Curve monthly ADNV of $578 million in November. U.S. Repo ADNV increased…

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December 02, 2021 BY Steffy Bogdanova

Borussia Dortmund and InstaForex extend partnership

Benedikt Scholz, BVB's Head of International & New Business, said: We appreciate the trust InstaForex has placed in us and are excited about the extension of our partnership. We look forward to further developing our presence with InstaForex and achieving success together. Ildar Sharipov, President of InstaFintech Group, added: We have developed a unique and…

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Integral
December 02, 2021 BY Steffy Bogdanova

Integral November ADV reach $50.6 billion

This represents a 0.2% MoM rise compared to October 2021. The November ADV reached 5.9% YoY growth compared to the same period in 2020. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. Earlier in November, FXCM Pro and Integral unveiled a centrally cleared platform…

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FXSpotStream
December 02, 2021 BY Steffy Bogdanova

FXSpotStream November ADV reach $51.54 billion

The company’s overall volume reached $1.134 trillion, surpassing the $1 trillion mark for a seventh time this year. The overall volume registered a 21.31% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.77% to $48.932 billion last month when compared to November 2020 The November ADV numbers are based on…

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