Category: Financial Services

March 08, 2023 BY Steffy Bogdanova

Centroid Solutions opens a trading gateway to Dubai Financial Market

Cristian Vlasceanu, CEO of Centroid Solutions, commented: As a UAE-headquartered global fintech company, we are delighted to closely collaborate with Dubai Financial Market, to enable easy access of Dubai listed securities to our global customer base. Through our flagship multi-asset connectivity technology, financial institutions can now expand their offering, enabling trading of regional securities to…

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HKEX
March 03, 2023 BY Steffy Bogdanova

HKEX to open a London office in first half of 2023

The announcement also detailed that leading the new office will be Raymond Wong, Head of EMEA Business Development, who will report to Kevin Rideout, HKEX Co-Head of Sales and Marketing. HKEX Chief Executive Officer, Nicolas Aguzin, said: We are delighted to be opening HKEX’s first European office in London, one of the world’s most dynamic…

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MOEX
March 03, 2023 BY Steffy Bogdanova

Moscow Exchange FX volumes fall 45% YoY in February 2023

The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 2.49 trillion. The numbers were almost 56% lower than February 2022. Compared to last month, there was a 55.5% uptick. Trading volume in RDRs, shares, and investment fund units stood at RUB 1.06 trillion, with a 77% YoY decrease. Demand…

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LSEG, London Stock Exchange
March 02, 2023 BY Steffy Bogdanova

LSEG’s total income up 18.5% to £7.7 billion in 2022

The Group’s operating profit for 2022 came in at £1.4 billion, jumping 33.1% from the previous year. The stock exchange reported pre-tax profit of £1.2 billion, up by 38.8%. Basic earnings per share for the period surged 65.3%. LSEG ended the year with adjusted EBITDA at £3.5 billion, 19.6% higher than 2021 and with unchanged…

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Deutsche Börse
March 02, 2023 BY Steffy Bogdanova

Deutsche Börse’s cash markets turnover drops 35% YoY but strengthens slightly on monthly basis in February

Trading volumes on Börse Frankfurt in February 2023 came in at €2.93 billion (January 2023: €3.01 billion). Last month, Equities on Deutsche Börse generated € 96.93 billion and trading in ETFs/ETCs/ETNs accounted for € 14.84 billion of the turnover. Bonds recorded €0.53 billion, certificates €0.97 billion and funds brought in €0.04 billion. Linde plc was…

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24 Exchange reports a record Forex NDF Trade Volumes in October
March 01, 2023 BY Steffy Bogdanova

24 Exchange reports record Forex NDF trade volume in February

24 Exchange CEO and Founder Dmitri Galinov, said: We are very pleased to see such a record-setting response to our FX NDF offering. Our platform is uniquely able to bridge the bifurcated pool of liquidity in NDFs to unlock a single anonymous pool of liquidity for discerning institutional customers. Our growing company remains committed to…

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February 27, 2023 BY Steffy Bogdanova

DKK Partners expand operations in Dubai

DKK's Dubai operation has already secured its World Trade Centre Free Zone license and plans to obtain virtual assets licenses through VARA (Virtual Assets Regulatory Authority) in the near future. It will immediately begin trading and enable local businesses and the local economy to access FX services. Asia Salvatore, Head of Sales for DKK in…

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CFTC
February 24, 2023 BY Steffy Bogdanova

CFTC issues charges in a $145 million Ponzi scheme

Additionally, between October 2020 and May 2022, at least 43 p[ool participants transferred around $470,780 to Yas Castellum LLC to participate in its supposed commodity pool after misrepresented historical trading records or how their funds were going to handled and traded. Furthermore, Brisco and Yas Castellum LLC, assisted by Sims, transferred the funds to entities…

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HKEX
February 23, 2023 BY Steffy Bogdanova

HKEX ends 2022 with 12% fall in revenue but strengthens in Q4

Higher operating expenses also attributed to the yearly results with 12% increase from 2021 at HK$5 billion due to higher staff costs and professional fees. EBITA fell 19% in 2022 to HK$13.2 billion and EBITA margin was 6% lower at 72% for last year. Basic earnings per share dropped 20% last year, reaching HK$7.96. Nicolas…

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ASIC ban
February 22, 2023 BY Steffy Bogdanova

ASIC brings charges against third person involved in Courtenay House $180 million FX Ponzi scheme

The allegations against Sipina are related to Courtenay House's illegal activities, which took place between June 2015 and April 2017. The regulator called Courtenay House's operation, a Ponzi scheme. The court alleges that the group convinced at least 585 investors to invest more than $180 million based on false representations that their money would be…

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