Eurex
May 07, 2021 BY Steffy Bogdanova

Eurex OTC clearing volumes reach EUR 23,034 billion

Eurex Repo posted a 51.14% MoM rise in GC Pooling, and 14.21% MoM drop in Repo markets. Apr-21 Mar-21 MoM Change Financial derivatives: Traded contracts Eurex Exchange European equity index derivatives (million) 51.2 93.8 -45.42% European interest rate derivatives (million) 40.7 66.1 -38.43% European equity derivatives (million) 27.8 34.7 -19.88% Total (million) 119.7 195.0 -38.62%…

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Forex Weekly Look Back
May 07, 2021 BY Steffy Bogdanova

Forex Weekly Look Back: CEO Alex Pusco talks ActivTrades social trading platform development, SEC Chairman plans to tackle ‘gamification’

Canada-based payments processor, Nuvei, are rumoured to be in the process of acquiring Simplex.  This Israeli start-up company works to provide crypto companies with a fiat infrastructure. Though the acquisition is yet to be officially confirmed, there have been reports that the companies are in definitive talks surrounding a deal worth around $250 million, paid…

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Nuvei
May 07, 2021 BY Steffy Bogdanova

Nuvei linked to Simplex acquisition

Also, in December 2020, the start-up announced the launch of Simplex Banking, its very own crypto banking solution created with the intention of integrating seamlessly into exchanges and wallet apps. Simplex is fully licensed as a financial entity under the European Union.  Although its actual valuation is still unknown, it has reportedly raised around $19…

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Acquisition
May 06, 2021 BY Steffy Bogdanova

Deutsche Börse to acquire remaining 49% of Clearstream Fund Centre

Stephan Leithner, Member of the Executive Board of Deutsche Börse AG and Clearstream Chairman, said: Clearstream Fund Centre has proved to be a highly complementary business for Clearstream’s fund operations businesses. Our two-step integration approach with UBS has enabled a seamless transition for clients and laid the perfect basis for our continued, long-term partnership with…

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Integral volumes report
May 06, 2021 BY Steffy Bogdanova

Integral reports ADV of $43.3 billion in April

The company registered average daily volumes (ADV) of $43.3 billion in April. This represents a 19.2% MoM fall compared to March when it reached $53.6 billion. The April ADV was 26.4% YoY higher compared to the same period last year. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and…

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Alex Pusco
May 06, 2021 BY Steffy Bogdanova

Exclusive Interview: ActivTrades CEO Alex Pusco talks about 20th anniversary and product offering expansion

LR: You must have some insight into how the global markets have been responding to the coronavirus. Are there any observations you might be able to share? Alex: In the last year, the markets have been extremely volatile and particularly interesting from a trading perspective. We have seen once-in-a-generation moves on many different assets and…

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partnership
May 06, 2021 BY Steffy Bogdanova

JPMorgan and Confluence announce new partnership development

Head of Product for Data and Analytics at JPMorgan’s Securities Services, Richard Crozier, said: The integration of JPMorgan ’s fixed income data and expertise with the Delta product represents the next stage in our ongoing collaboration with Confluence, and a huge step forward in increasing value to our clients globally. This new phase of our…

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daily market analysis
May 06, 2021 BY Steffy Bogdanova

Daily market commentary: The outlook for the whole commodity sector remains extremely positive

EUROPEAN SHARES European markets extended gains on Thursday with most indices still in green territory as investors digested the last solid batch of corporate results. Banks and automakers led gains today following reassuring results that topped estimates from both Société Générale and Volkswagen. Risk appetite is back on track following Janet Yellen’s clarification about her…

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SEC Chairman states plans to tackle ‘gamification’
May 06, 2021 BY Steffy Bogdanova

SEC Chairman states plans to tackle ‘gamification’

Robinhood spokeswoman Jacqueline Ortiz Ramsay said: We look forward to engaging with the SEC as they consider potential rules in these areas. As a number of SEC regulations were approved over 10 years ago, predating the huge influence of social media, the impending change will come as a huge task for the regulators. It must…

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