SIX revealed Zeeb’s plans for the future involve the creation of “new business models to explore further opportunities to shape the capital markets industry of the future” but did not give further details. Jos Dijsselhof, CEO SIX: On behalf of the Board of Directors and the Executive Board of SIX, I would like to thank Thomas for…
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In 2022, EBITDA of the London-listed broker grew to $454 million from $387.1 million. Additionally, the company’s balance sheet remained strong as the Group continued to hold no loans or debt. The cash balance reached more than $900, compared to $749.5 million at the end of December 2021. Plus500 stated: The Group delivered an excellent…
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European Shares European markets opened mostly in the green on Tuesday, despite Asian shares closing mixed overnight, while US benchmarks also point to an uneven open. Risk appetite seems to have a taken a short-term break as many investors seek more clarity about how far central banks will go with their monetary tightening cycle. The…
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In the previous week after some very positive news for the dollar like a decreased trade deficit on the balance of trade, lowered unemployment rate and better than expected NFP. This created some losses on the oil chart against a stronger dollar and is currently on the move to regain back those losses. On the…
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He has also held a variety of senior roles including Chief Operating Officer, and Global Head of Execution & Quantitative Services overseeing the development of Liquidnet’s suite of algos. Prior to Liquidnet, Laible worked for global organizations such as Macquarie Securities, Nomura, Lehman Brothers and ITG. Rob Laible, Head of Americas, BMLL, said: I am…
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Rostro Group founder Roger Hambury added: The acquisition of Scope Markets presents the largest and latest acquisition, signalling our intent to be a leading provider of financial services within our sector globally. The team and I are very excited about the future. Rostro now has control over Scope Markets’ main operating hub in Cyprus, as…
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Oil Brent oil prices rose during early European trading. The reopening of the Chinese economy is playing an important role in the change of outlook for oil demand, which is now expected to recover. At the same time, the end of the zero-covid policy mitigates fears of a serious global recession, while the dollar is…
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As APAC head, he will be based in Australia and focus on growing BidX Markets institutional trading business in the APAC region. Furthermore, he will lead the brokerage's efforts to develop and strengthen relationships with institutional clients and for implementing strategies to increase the company's trading activity across East Asia, South Asia, and Oceania. Additionally,…
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Taiwan Semiconductor Manufacturing Company within the “dynamic area” on chart Taiwan Semiconductor Manufacturing Company Inc (symbol ‘TSM’) stock value has made some losses in the last month of the quarter but it is still on the positive side when it comes to overall quarterly gains. The company is expected to report its earnings for the…
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Billy Hult, Tradeweb's new CEO, said: Despite a complex backdrop of inflation, rates volatility, geopolitical risk and a strong U.S. dollar, we saw an increase of nearly 10 percent in our average daily volumes year-over-year in 2022. While rates volumes reflected these headwinds in the early part of the fourth quarter, we finished the year…
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