April 08, 2020 BY Steffy Bogdanova

Eurex and EEX report growth for March and Q1 2020

The traded contracts in European equity index derivatives increased 91% YoY in trading volumes with 193.2 million in March 2020, compared to 101.2 million in March 2019. At the same time, European equity derivatives dropped to 32.6 million. Overall growth in financial derivatives traded contracts reached 296 million, marking a 46% increase, compared to the…

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April 08, 2020 BY Steffy Bogdanova

TraderEvolution adds Trading Central’s Analytics & Research to its platform

TraderEvolution support forex, CFDs, equities, ETFs, options, and bonds and helps brokers become multi-asset providers. Through the addition of Trading Central, the platform provides its clients with access to the Analyst Views brief, which delivers actionable technical analysis trading plans compiled by the firm’s experts in tandem with proprietary automated algorithms. CEO and co-founder of…

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Japan
April 08, 2020 BY Steffy Bogdanova

New crypto law in Japan to be enforced next month

As part of the PSA, crypto exchanges in Japan will have to manage users’ money separately from their own cash flows, starting 1st May. They will have to use third-operators to keep hold of their clients’ money and use “reliable methods” such as cold wallets. In case of users insisting on hot wallets, exchanges would…

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First set of disclosed trades on TrueFX network executed
April 07, 2020 BY Steffy Bogdanova

TrueFX executes first trades on its FX network

Daniel Beale, Head of Institutional Sales and Trading at AxiCorp stated: AxiCorp is extremely pleased to have participated in the first live trades on TrueFX. The transparent and highly efficient model employed by the platform is an exciting development for the markets and we look forward to continuing our participation over the coming months. Richard…

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Plus500 office
April 07, 2020 BY Steffy Bogdanova

Plus500 reports significant revenue growth for Q1

AUAC2 dropped by 48% compared to the same period last year as a result of continued efficiency of Plus500's marketing algorithms and improved conversion ratio. Cash balance at the end of the period, 31 March 2020, reached c.$515.6m Operational leverage brought strong Q1 Group EBITDA3 margin and cash conversion with revenue and profitability for the…

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