SquaredFinancial names Stathis Flangofas Chief Financial Officer
March 09, 2021 BY Steffy Bogdanova

SquaredFinancial names Stathis Flangofas Chief Financial Officer

Prior to his appointment at SquaredFinancial, Flangofas held various executive positions as a Group Chief Financial Officer whilst serving as a Non-Executive Director and Chairman on Risk Management committees. Flangofas holds a Business Administration degree from the University of Piraeus and is a member of the Association of Chartered Certified Accountants (ACCA). In February, the…

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volumes
March 09, 2021 BY Steffy Bogdanova

TP ICAP reports £11 million acquisition costs in final results for 2020

Liquidnet’s electronic network integrates extensive buyside trade workflow connectivity and includes advanced incorporations with all execution management and major order management systems. Alongside its hopes to achieve new growth opportunities, TP ICAP also expects to take advantage of analytics and data assets expertise from both organisations in order to push non-transaction-related revenues. The overall consideration…

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Deutsche Börse
March 09, 2021 BY Steffy Bogdanova

Deutsche Börse expands range of centrally cleared ETNs

Kraus added: Central clearing of the products significantly reduces the settlement risks and thus enables many professional investors to invest in crypto products. All clearing is set to be dealt with by Deutsche Börse Group's central counterparty, Eurex Clearing. Deutsche Börse launched the world's first centrally cleared Bitcoin ETN on Xetra back in June 2020,…

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March 08, 2021 BY Steffy Bogdanova

Weekly forex data: stimulus progress boosts markets

Tomorrow and early Wednesday are likely to be quite active for EURAUD between German trade data and consumer and business confidence in Australia. Apart from these, the general mood in markets might continue moving further toward ‘risk on’ if Chinese and American inflation are perceived as being strong. The ECB’s meeting and press conference on…

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ICM.com names Joanne Tayara Director of Dubai office
March 08, 2021 BY Steffy Bogdanova

ICM.com names Joanne Tayara Director of Dubai office

Joanne Tayara, Director of ICM.com Dubai branch, said: It’s an honour to have been appointed Director at ICM’s Dubai office.  With strong foundations for growth in the Middle East, I am confident that we can continue to build on this success and drive our strategic vision forward. Tayara has over 14 years of experience in…

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CySEC
March 08, 2021 BY Steffy Bogdanova

CySEC issues warnings against 16 websites

The regulator also noted that in these websites, the name and the  Investment Firm BrokerCreditService (Cyprus) Limited (License No. 048/04), is used without its authorization. CySEC urges investors to consult its website, before conducting business with investment firms, in order to ascertain the entities which are licensed to provide investment services and/or investment activities. Read More:…

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Eurex
March 08, 2021 BY Steffy Bogdanova

Eurex traded contracts increase 9.5%MoM in February to 142 million

Eurex Repo posted a 29.8% MoM rise in GC Pooling, and 47.3% MoM increase in Repo markets. Feb-21 Jan-21 MoM Change Financial derivatives: Traded contracts Eurex Exchange European equity index derivatives (million) 61.7 61.8 -0.16% European interest rate derivatives (million) 55.5 43.6 27.29% European equity derivatives (million) 24.5 23.9 2.51% Total (million) 142.0 129.5 9.65%…

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LSEG reports £2.1 billion revenue in 2020
March 08, 2021 BY Steffy Bogdanova

LSEG reports £2.1 billion revenue in 2020

Dividend distribution saw a full-year increase of 7%, reaching 75.0 pence per share. This reflects a positive performance and poised position for LSEG, although total revenue from capital markets remained constant at £427 million, and technology sales decreased by 7% to £61 million. Operating profits on an adjusted basis reached a 5% annual increase to…

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