Category: Forex

Tradeweb
December 06, 2022 BY Steffy Bogdanova

Tradeweb’s November trading volume reaches $23.2 trillion

Tradeweb Markets also announced a share repurchase program, which was approved by its board of directors. The broker authorized the repurchase of $300 million in shares of its Class A common stock. The official announcement further detailed that the program has no termination date and can be discontinued at any time. Sara Furber, Chief Financial…

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Daily Market Commentary
December 06, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil prices hedge down

European Shares Share markets fluctuated in Europe on Tuesday, following an Asian trading session closing on a mixed tone as positive sentiment from China offset uncertainties linked to the latest batch of US data. Traders continue to welcome the latest developments from China as Beijing continues to shift away from its zero-covid policy following its…

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Saxo Bank
December 06, 2022 BY Steffy Bogdanova

Saxo Bank’s FX volume up 39% YoY in November

The average daily volume (ADV) in forex instruments stood at $6.3 billion. The figure was 3.3% higher on monthly basis and registered a 40% increase compared to November last year. The brokerage firm reported that demand in Equities continued its upward trajectory. The volume in November was $278.9 billion, gaining 8.7% compared to October. On…

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December 05, 2022 BY Steffy Bogdanova

CMC Invest expands offering with flexible stocks and shares ISAs

According to the official announcement, the additional features are available for a flat custody fee of £10 per month without additional commissions. The company further detailed that CMC Invest clients can take money out of their accounts and put it again during the same tax year without affecting their ISA allowances. The new offering is…

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December 05, 2022 BY Steffy Bogdanova

Daily market commentary: The greenback is under pressure, devaluing 5% in relation to a basket of other major currencies

European Shares European stocks traded sideways at the beginning of the new trading week, while Asian shares closed higher overnight, as positive sentiment prevailed following reassuring developments in China. Risk appetite is on the rise on Monday and investors are driving equities and commodity-related markets higher after Beijing increased the prospect of higher demand from…

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December 05, 2022 BY Steffy Bogdanova

Integral’s November ADV drop nearly 16% YoY

Compared to November 2021, ADV dropped 15.8%. Integral provides cloud-based SaaS FX workflow solutions for a variety of buy-side FX market participants, such as banks, brokers, asset managers, and hedge funds. Last month, global brokerage firm Capital.com selected Integral’s cloud-based FX workflow automation technology, IntegralFX.

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Interactive Brokers
December 02, 2022 BY Steffy Bogdanova

Interactive Brokers sees 30%YoY drop in DARTs in November

The broker ended the month with client credit balance of $96.0 billion, including $2.4 billion in insured bank deposit sweeps. The number came in 10% higher than in November 2021 and 1% above the prior month. In addition, the client accounts on the platform increased 26% YoY and 1% MoM to 2.07 million in November…

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