Category: Financial Services

CME Group
August 04, 2021 BY Alan Sayer

CME Group reports a 25%YoY increase in July ADV

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%.…

Read more
Acquisition
August 03, 2021 BY Alan Sayer

ID verification firm GetID acquired by Checkin.com

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…

Read more
Whistleblower
August 03, 2021 BY Steffy Bogdanova

Whistleblowers receive more than $4 million from SEC

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…

Read more
Cboe Global Markets
August 02, 2021 BY Steffy Bogdanova

Cboe Markets sees net revenue of $351 million in Q2 2021

Brian N. Schell, Cboe Global Markets Executive Vice President, Chief Financial Officer and Treasurer, said: We are pleased to report another quarter of solid financial results and ongoing momentum in executing against our strategic priorities. Our strong cash flow generation allowed us to return nearly $79 million to shareholders through share repurchases and dividends in…

Read more
Euronext
July 30, 2021 BY Steffy Bogdanova

Euronext revenue surges despite drop in FX trading in Q2 2021

The acquisition of Borsa Italiana also had a strong effect on the yields of this quarter. The Italian exchange brought €89.6 million to the revenue for two months. Post-trade services accounted for €83.4 million, registering a 130.9% growth. Listing and data services contributed in €48.2 million and €46.5 million, respectively. Non-volume-related revenue registered 56% total…

Read more
CME Group
July 29, 2021 BY Alan Sayer

CME Group reports $510.3 million profit after tax for 2021 Q2

Despite the negative growth over this period, there has been an increase in total assets for the company. From the end of 2020 to the midway point of 2021, CME Group has increased its total current assets from $89.283 billion to $144.849 billion.  Cash reserves have fallen by just over $550 million, but this has been…

Read more
Paystone
July 27, 2021 BY Alan Sayer

$30 million investment secured by Paystone to accelerate growth

The tools that Paystone provides are also aimed towards businesses attempting to recover from any Covid-19 related issues. As contactless and online payment numbers have increased during the global pandemic, Paystone has attempted to provide businesses with the opportunity to continue trading by offering these services.  Paystone believes taking on this additional investment will enable…

Read more
Swiss Stock Exchange
July 23, 2021 BY Alan Sayer

SIX shows positive results for first half of 2021

SIX and BME both saw lower levels of securities traded during 2021, offset by positive growth in other areas of the company. The use of debit cards increased due to the situation that Covid-19 created. It meant that more online transactions were carried out than in previous years. However, ATM transactions fell as a result. …

Read more