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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
Chairman of GST, Tone Goh, stated: We continue to make significant progress with our GS Money ambitions and the submission of the application for our stablecoins to be admitted to the FCA Regulatory Sandbox is a key step. We believe the UK market needs a trusted UK-based provider to offer regulated electronic money and payment…
Read more