Quentin Miller, Managing Director, Asia Pacific, at LMAX Group, said: Our Singapore matching engine brings us closer to clients in the region and since launch we have seen 3x growth in our FX trading volumes month on month. We are excited by the opportunities that lie ahead and are focused on building our presence in…
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Under the new legal structure, the owners and shareholders will be taxed separately from the company. C-corporations limit the liability of shareholders and owners as the most they can lose in the event of a failure of the business is the money they invested. Howard W. Lutnick, Chairman of the Board and Chief Executive Officer…
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The offering includes including in-house built risk management and their PAMM (percentage allocation management module). It is customised to fit the clients' needs across the full range of Vantage's services and can be accessed via an API. David Shayer, UK CEO at Vantage, commented: Market volatility often brings opportunities for those who know where to…
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Cboe Clear Europe also supports Cboe's pan-European derivatives exchange which launched in September 2021, Cboe Europe Derivatives (CEDX). The clearing house allows CEDX's participants to cut trading costs by clearing a wide range of pan-European equity derivatives at a single clearing house. According to the official announcement, Cboe Clear Europe will continue to operate as…
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The ADV also dropped by 16.5% in October, compared to the same period in 2021. However, electronic marketplaces operator recently reported a 8.2% increase in its trading volume during the third quarter of the year to $287.1 trillion
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Jason Woerz, President of 24 Exchange, said: The recent growth of our NDF platform is a testament to our unwavering attention to providing our clients with the best possible trading experience and platform. Additionally, 24 Exchange shared its expectations to see continued growth not only in its FX NDF trading volumes, but in other assets…
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Operating Expenses also increased, reaching €824 million, a 14% rise on yearly basis. The company noted earnings per share increased 92% to €11.9 per share, reflected the increase in net profit. Lieve Mostrey, Chief Executive Officer, Euroclear, said: The group benefits from a diversified business model which allows us to focus on supporting clients through…
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Tradeweb further reported that its net income for the period came in at $81.6 million and adjusted net income at $106.5 million. The figures increased by 24.9% and 13.1% respectively compared to the previous year. The adjusted EBITDA margin stood at 51% and adjusted EBITDA for the quarter was $146.3 million, compared to 50.1% and…
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The announcement comes after Invast Global established its first European office in Cyprus as part of its strategy to build a global network of distribution channels. The acquisition of GMO-Z.com will provide Invast Global with access to a deep pool of talent, particularly in the areas of quantitative trading and market making, as well as…
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D3 Lite provides key features to automate and enhance pricing and distribution through an intuitive GUI, together with additional auditing functionality. Peer Joost, CEO of DIGITEC, commented: We are already witnessing the Swap market’s rapid growth and continued evolution to a more automated and electronic market. A trend that will continue over the next few…
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