May 05, 2020 BY Steffy Bogdanova

Deutsche Börse reports 42% MoM decrease in April volumes

Divided by class of asset, equities generated around €148.3 billion. Trading ETFs/ETCs/ETNs earned €21.7 billion. The trading volume in bonds was €0.5 billion, in certificates €1.9 billion and in funds €0.3 billion. Allianz SE achieved the highest volume from the DAX stock on Xetra in April with €7.8 billion. Commerzbank AG led the MDAX equities…

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May 04, 2020 BY Steffy Bogdanova

CME Group reports 17.8 million contracts for April

The company’s monthly metrics highlights from April include Equity Index ADV reaching 119% growth from April 2019. -mini S&P 500 futures ADV increased 60% compared to the same period the previous year. Micro E-mini Equity futures ADV reached 1.7 million contracts and equity Index options ADV grew 33% YoY. In April, energy ADV increased 38%…

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IG Group office
May 04, 2020 BY Steffy Bogdanova

IG Group announces new Chief Financial Officer Charlie Rozes

Between 2018 and 2019, he was Group Finance Director at Jardine Lloyd Thompson plc. When the company was acquired by Marsh & McLennan Companies Inc., he played a strong role in the ongoing integration program to successfully merge these two companies. Rozes holds an undergraduate degree from Tufts University and an MBA from the Southern…

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FinTech company TigerWit receives Hong Kong SFC licence
May 04, 2020 BY Steffy Bogdanova

TigerWit reports revenues increase of 24% for the financial year

Tim Hughes, CEO at TigerWit, commented: The last financial year has been both successful and transformational for the Group as we progressed our strategy of broadening our global footprint and further developing our technology. These investments position us to offer an innovative suite of trading and fintech products to retail investors around the world. This…

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Kraken
May 04, 2020 BY Steffy Bogdanova

Crypto exchange Kraken adds 11 new conversion pairs

Previously, converting Bitcoin Cash (BCH) to ETH on Kraken took two different trades and with the new BCH/ETH conversion pair, it can be done directly. The new addition expands Kraken’s total number of trading pairs to 155, including more traditional FX trading pairs Kraken launched about six weeks ago. The exchange added the new pairs…

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May 04, 2020 BY Steffy Bogdanova

New Zealand FMA adds Karatbars to its warning list

New Zealand watchdog FMA found that other regulators have also cautioned about Karatbars: BaFin (German Federal Financial Supervisory Authority) Financial Sector Conduct Authority (FSCA), South African regulator British Columbia Securities Commission Autorite des Marches Financiers (AMF), Quebec Bank of Namibia (BoN) Read More: New Zealand FMA adds Techvision to its warning list New Zealand FMA…

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Cboe Global Markets
May 04, 2020 BY Steffy Bogdanova

Cboe reports 28% increase in net revenue for Q1 2020

Edward T. Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer commented: The first quarter 2020 was defined by tremendous market uncertainty fueled by the COVID-19 pandemic. We took swift action to protect the health of our associates and trading floor community, while maintaining orderly markets to serve our customers and the investing public.…

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Finteza platform
May 01, 2020 BY Steffy Bogdanova

Finteza platform launches eCommerce section

The reports will show which products visitors buy and which one they only view. By examining the user behavior, the platform reveals at which stage a company loses visitors and even which items are usually removed from the cart before the completion of a purchase. The e-Commerce section will enable building reports by product groups,…

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