CME Group
July 29, 2021 BY Alan Sayer

CME Group reports $510.3 million profit after tax for 2021 Q2

Despite the negative growth over this period, there has been an increase in total assets for the company. From the end of 2020 to the midway point of 2021, CME Group has increased its total current assets from $89.283 billion to $144.849 billion.  Cash reserves have fallen by just over $550 million, but this has been…

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Monex Group
July 28, 2021 BY Alan Sayer

Crypto trading drives a 457% increase in profit for Monex in Q2

Monex has passed this financial improvement onto shareholders. The basic earnings per share increased by more than 400% in the same period as the previous year. Shareholders have seen a rise from ¥5.57 per share in 2020 compared to ¥28.18 in 2021. Crypto has helped to drive this increase in revenue and profits. The figures…

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acquisition
July 28, 2021 BY Alan Sayer

11B Technologies acquired by 24 Exchange

These software options are mainly aimed at Crypto NDFs and Crypto Spot. As this is an area of the business that 24 Exchange is looking to enhance, it makes sense that these software solutions are the first to be added to the 24 Exchange platform. It will also add low latency software to the 24…

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Paystone
July 27, 2021 BY Alan Sayer

$30 million investment secured by Paystone to accelerate growth

The tools that Paystone provides are also aimed towards businesses attempting to recover from any Covid-19 related issues. As contactless and online payment numbers have increased during the global pandemic, Paystone has attempted to provide businesses with the opportunity to continue trading by offering these services.  Paystone believes taking on this additional investment will enable…

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Eurex
July 27, 2021 BY Alan Sayer

OTC FX and cross currency swaps made available by Eurex

Using CLS means that Eurex Clearing has support from a well-known settlement provider. This is expected to ensure that the services are able to run smoothly as soon as they are officially launched to the public.  Erik Müller, the CEO of Eurex Clearing said: Central clearing and guaranteed settlement for cross currency swaps in CLSClearedFX…

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Exness
July 26, 2021 BY Alan Sayer

Exness shows 10% MoM growth for June trading figures

The increase in trading volume comes as Exness showed a decrease in active customers, falling from 207,150 in May to 204,925 in June. This means that although the total number of active customers is lower, the average trading volume per customer rose. May 2021 saw an average trading volume per customer of just under $3.8…

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Swiss Stock Exchange
July 23, 2021 BY Alan Sayer

SIX shows positive results for first half of 2021

SIX and BME both saw lower levels of securities traded during 2021, offset by positive growth in other areas of the company. The use of debit cards increased due to the situation that Covid-19 created. It meant that more online transactions were carried out than in previous years. However, ATM transactions fell as a result. …

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Starling Bank aims to float on stock market in 2022
July 23, 2021 BY Alan Sayer

Starling Bank aims to float on stock market in 2022

Revenue for the bank also rose sharply during the latest accounting period. The bank posted revenue of almost £100 million, an increase of nearly seven times the previous revenue of £14 million. These improved financial results combined with relaxed laws around going public means that Starling Bank is looking into the opportunity to float. After…

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