Cboe’s June highlights include: Options ADV up 50 percent, U.S. Equities ADV up 83 percent and Global FX up 5 percent over June 2019. Cboe’s four options exchanges combined set a new single day volume record with more than 16 million contracts traded. Cboe EDGX Equities Exchange new monthly ADV record with more than 431…
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CFI Financial Group Founders Hisham Mansour & Eduardo Fakhoury commented: We are truly happy to see Mr. Hadi take on this new challenge. The GCC is a key market for the group and we are confident Mr. Hadi's appointment will help strengthen our presence further. We are also very happy to always promote dedicated and…
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INTL FCStone announced its filling to the US Securities and Exchange Commission regarding the rebranding to StoneX earlier in May 2020. The company said that its old name, INTL FCStone, reflects the merger between International Assets Holding Corporation and FCStone Group from 2011. After operating with the same name for nine years, the board is…
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Bhasin has held senior positions in AT&T such as head of its Asia Pacific’s managed network services business and President of AT&T Japan Ltd. He also served as senior managing director of Japan Telecom Company Limited. Company Chairman Mike McTighe said: Following an extensive, externally facilitated search I am delighted to welcome Rakesh to the…
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The new offering will allow customers to easily scale in or out of positions or access stocks that would have previously been too expensive. Apple (AAPL.us) Facebook (FB.us) Netflix (NFLX.us) Share Price* $366 $233 $471 FXCM Micronisation 1/10 1/10 1/10 Value of 1 FXCM Contract $36.6 $23.3 $47.1 Margin Requirement* $3.66 $2.33…
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The market volatility brought about in the beginning of the year, remained high in the second quarter and fueled a high level of trading activity. The second quarter revenue reached $247.6 million from $94.1 million for the same period the previous year. The company also added over 88,000 new customers and reached a record 115,225.…
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Jesse Powell, CEO and Cofounder of Kraken said: We undergo these licensing efforts because Kraken is about making crypto accessible for everyone. This particular license means that a sophisticated class of investors, limited by their own requirements to interface with a regulated venue such as an MTF, will now have access to crypto derivatives in…
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Paysafecard, Paysafe’s prepaid cash solution, has been available to Bulgarians since 2013 and the company will use its existing paysafecard distribution partnership with EasyPay, who licensed network of more than 300 payment points. Udo Müller, CEO of paysafecard – the team behind Paysafecash, said: Leveraging our long-standing partnerships with EasyPay in Bulgaria enables us to…
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The Integral platform reaches varied and comprehensive a set of FX products and participants as Integral OCX. OCX is cross connected with over 250 liquidity sources that supply over 3,000 market making steams in NY4, LD4, and TY3. OCX’s market design delivers execution performance by combining resting limit orders, market-making streams and midpoint interest in a…
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Vittal joins the company from JPMorgan Chase, where he served as Managing Director and Head of Treasury Services Franchise Client Management in charge of innovative client solutions leveraging data analytics and digital technologies. Prior to that Vittal was Managing Director at Goldman Sachs, holding several leadership positions in the Investment Management and Investment Banking divisions.…
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