Oksana Remez, Senior Business Development Executive, said: We have seen a big interest in our proprietary trading platform that offers single access point for trading all instruments as well as these immense capabilities to add many 3rd party trading tools, news, education, TV channels etc. The standalone trading solution Finalto Trade was split into a…
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CySEC stated: The Board of the Cyprus Securities and Exchange Commission (CySEC) wishes to inform the public that, at its meeting held on the 5th April 2021, decided to impose an administrative fine of €40.000 to CIF London Capital Group (Cyprus) Ltd (the ‘Company’) for non-compliance with article 16(2) of Regulation (EU) 596/2014 on market…
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Summary Financial Results Fourth Quarter Fiscal Year Dollars in millions, except per share data 2021 2020 Change 2021 2020 Change Recurring fee revenues $1,065 $930 15% $3,333 $3,036 10% Total revenues $1,532 $1,362 12% $4,994 $4,529 10% Operating income 281 299 (6%) 679 625 9% Margin 18.4% 21.9% 13.6% 13.8% Adjusted Operating income -…
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Despite seeing a rise in revenue of 24%, expenses have only increased by 9%. It means that a large portion of the revenue increase can go towards profits. Expenses sat at HK$2 billion for the first half of 2020 and only increased to HK$2.2 billion for the first half of 2021. This helped to create…
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This provides an EBITDA margin of 49.4% for H1 2021, which is an improvement on the H1 2020 figure of 46.5%. Despite a constant currency variance increase in operating expenses, the more significant increase in revenue and income means the EBITDA has shown an improvement for the 2021 first half of the year. Expenses are…
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Cboe added: Total volume in Russell 2000 Index (RUT) options reached nearly 1.2 million contracts traded in July, with 56,054 contracts traded on average per day – the highest month on record since October 2018. According to the trading update, S&P 500 Index (SPX) options had highest monthly average daily volume for the year. It…
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However, in terms of percentage growth there was a slight change in the top 3 metrics. Interest rates saw a 96% growth, options saw a 55% and energy - a 23%. Individual futures within the interest rates saw large increases which helped to create the overall high increase in ADV. SOFR futures specifically jumped 221%.…
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The Derivatives Market saw RUB 12.5 trillion in July, registering a 9.56% increase MoM and 40.4% jump YoY. Equity Market stood at RUB 3,735.4 billion, making a 3.36% MoM decrease and 6.3% rise YoY. The FX Spot Market earned RUB 25.8 trillion in July, down 2.64% MoM and up 9.6% YoY. The Money Market reported…
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The acquisition is all part of the growth strategy that Checkin.com has in place. By acquiring companies that can enhance its service or work in tandem with the service, it hopes to improve the quality of what it offers to customers. This is an attempt to increase revenue and hopefully increase the size of its…
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Emily Pasquinelli, Acting Chief of the SEC’s Office of the Whistleblower said: Today's awards underscore the important role that whistleblowers play in detecting and halting securities laws violations. Each of the whistleblowers provided high-quality information that made an important contribution to the success of the underlying enforcement action. So far, the agency has awarded over…
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