In September, PrimeXM's total number of trades was 30.37 million, a 12% MoM improvement compared to August’s 27.15 million trades. During September, the most traded instrument was XAUUSD (Gold), with $287.4 billion in notional value, representing around 23% of the overall monthly volume. The US30 index rose 3 places and displaced EURUSD as the 2nd…
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In September, demand elsewhere decreased, with agriculture, equities, and metal derivatives ADV falling both in the month and the quarter. However, CME revealed that interest rate ADV helped to push its overall demand higher. September saw interest rate ADV increase 58% to 7.66 million contracts, with the Secured Overnight Financing Rate (SOFR) hitting a record…
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Ending client equity for September was $353.8 billion, 52% higher than the same period in 2020, but down 3% compared to August. Interactive Brokers also reported ending client margin loan balances of $50.2 billion, a significant 67% increase on the year prior and a 1% rise on the month before. In a statement, Interactive brokers…
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Denisov has been in the role of Chairman of the Executive Board at MOEX since May 16, 2019. Chairman of the Moscow Exchange Supervisory Board, Oleg Viyugin, commented: In accordance with best corporate governance practices, the Supervisory Board of Moscow Exchange considered re-electing the head of the Exchange well in advance of the expiry of…
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Net income for the third quarter stood at $407 million, or $1.50 per share. Jefferies Financial Group’s CEO Rich Handler, and company President Brian Friedman said: We are humbled by and deeply grateful for the confidence and trust our clients have shown in us, not just this quarter, but over the years and decades we…
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Impact of cryptocurrencies in Nvidia Q2 Report Another major business that has stepped into the world of crypto trading lately is Nvidia. Let's find out how their new business ambitions affected their net revenue and growth. How Nvidia entered the world of crypto trading Nvidia unveiled new CPUs exclusively for mining virtual coins in February,…
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Wu Tianhua, CEO and Director of UP Fintech, stated: Market backdrop was relatively weaker compared to the first quarter, but I am happy to report that the Company still achieved substantial expansion in the second quarter. UP also saw a rise in newly funded accounts, with Tianhua adding: As we continue to invest in our…
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Peter Richards, Director of Capital.com Australia Limited, stated: Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com's comprehensive education resources, we aim to bring…
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Elsewhere, SGX said its commodity derivatives were the standout performer due to price swings and supply chain issues continuing to impact physical markets. The entire commodity derivative volume, including iron ore (which SGX says is a macroeconomic proxy for China), climbed 10% year-over-year to 2.6 million contracts. In addition, forward Freight agreements (FFA) volume surged…
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However, according to the report the company's total assets rose 9.85%. As of the end of June 2021, Liquid assets stood at CHF 33.86 million, an increase from the CHF 23.26 million posted in the second half of 2020. Client deposits also increased from CHF 96.1 million at Dukascopy's profit for the first half of…
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