Regulation
February 07, 2020 BY Steffy Bogdanova

ESMA outlines its strategy on sustainable finance

The EU Markets regulator, European Securities and Markets Authority (ESMA), announced its Strategy on Sustainable Finance. The strategy reveals sustainability as the main goal for ESMA and sets out a plan to implement Environmental, Social, and Governance (ESG) factors in its work. The strategy reveals that the fundamental priorities of ESMA include transparency obligations, risk…

Read more
Cboe Global Markets
February 06, 2020 BY Steffy Bogdanova

Cboe trading volumes rise in January 2020

Exchange holding company Cboe Global Markets, Inc. (Cboe) released report on its turnover for January 2020. ADV in total options trading at C2 Options Exchange (C2) reached a monthly record with more than 934,900 contracts, up by 25% from January 2019. EDGX Options Exchange (EDGX) also set a monthly trading record with ADV of more…

Read more
forex market crypto news and updates
February 06, 2020 BY Valentina Kirilova

Daily Market News: US stocks enjoy coronavirus rebound

Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for February 6, 2020.  The biggest headline in the US at the end of Wednesday was President Donald Trump’s acquittal in his Senate impeachment trial, which had been broadly anticipated and - as with the impeachment process generally…

Read more
Integral volumes
February 06, 2020 BY Valentina Kirilova

Integral’s ADV down 2% MoM in January 2020

Fintech company Integral released its volumes report for the first month of 2020. Average daily volumes (ADV) across Integral platforms totalled $35.5 billion in January. This represents an increase of 2.3% compared to the same period last year. However, the numbers were slightly down from December’s $36.3 billion, minus 2.2% MoM. Banks, brokers, and asset managers now…

Read more
Archax teams up with Polymath for security tokens listing
February 06, 2020 BY Valentina Kirilova

Archax teams up with Polymath for security tokens listing

London-based institutional digital securities exchange Archax announced that it has teamed up with Polymath, the security token platform focused on issuance and management of regulated assets. Archax will now be able to support tokens on its exchange that are created using Polymath’s ST20 standard. Digital securities, also known as security tokens, allow real-world assets, including…

Read more
NZDUSD: RBNZ rate meeting might send New Zealand dollar higher
February 06, 2020 BY Valentina Kirilova

NZDUSD: RBNZ rate meeting might send New Zealand dollar higher

The following article is written by Alejandro Zambrano, Chief Market Strategist, ATFX. On February 12, the New Zealand central bank, the Reserve Bank of New Zealand (RBNZ), will host a rate meeting. The key interest rate is at 1% and economists do not anticipate a change in interest. However, their language might change to less dovish…

Read more
February 06, 2020 BY Steffy Bogdanova

Cobalt launches Citi in on its infrastructure for bilateral trading

The London-based fintech, Cobalt, announced yesterday the launch of Citi on its post-trade infrastructure for bilateral flow. Citi has been an investor in the Forex post -trade platform, Cobalt, since 2016. Powered by distributed ledger technology (DLT), its infrastructure creates a standardized record of all Forex trades that could be applied to banks, buyside, prime…

Read more
February 06, 2020 BY Valentina Kirilova

LMAX Group reports record results in 2019

LMAX Group, the independent operator of institutional execution venues for FX and crypto currency trading, reported record profitability and financial performance for the year ended 31 December 2019. 2019 financial highlights include: Gross Revenues of US$59.6m, up 19% from 2018 Gross Profit of US$56.3m, up 27% from 2018 Statutory EBITDA of US$26.2m, up 30% from…

Read more