Category: Forex

ASX Dominic Stevens
February 10, 2022 BY Steffy Bogdanova

ASX CEO Dominic Stevens to retire this year

Stevens continued: It has been my great privilege to work with an exceptionally skilled team whose enthusiasm and hard work have helped position ASX as a global exchange leader. I wish to thank all our people for their professionalism and dedication, particularly during the pandemic. My plan is to retire from executive roles after leaving…

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PrimeXM volumes
February 10, 2022 BY Steffy Bogdanova

PrimeXM sees trading volume rise of 34% YoY in January

The total number of trades reached 32.48 million, registering a 15% rise compared to last year’s 28.22 million trades. PrimeXM’s Data Centre in LD4’s notional trading volume in January stood at $923.07 billion, 8.35% higher than last month. TY3 recorded $143.10 billion and NY4 followed with $118.20 billion. SG1 data centre showed steady growth with…

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Capital.com
February 09, 2022 BY Steffy Bogdanova

Capital.com sees 350% jump in users in 2021

Capital.com shared plans to introduce new products and features to its platform in the next year. The company mentioned enabling machine learning and Artificial Intelligence (AI) technology to help traders and investors make better choices. Squires added: Capital.com is developing a dedicated AI solution to better understand client behaviour and to create a more personalised…

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February 08, 2022 BY Steffy Bogdanova

ThinkMarkets increases margin on share CFDs because of volatility

ThinkMarkets pointed that that the margin changes for some of the products are significant and urged traders to make sure their accounts are “capitalised well enough to avoid a margin call.” These changes will take effect tomorrow, on 9 February, at 2100 hours GMT. ThinkMarkets has been focused on expansion during the past year. The…

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February 08, 2022 BY Steffy Bogdanova

StoneX sees 21% increase in FX and CFDs revenue in Q1

The diluted earnings per share (EPS) jumped 108% in Q1 to $2.04 per share. FX and CFDs demand The forex and contracts for differences (CFDs) market generated operating revenue of $72.2 million, registering a 21% rise compared to the same period the previous year. StoneX highlighted that this was driven by a $12.1 million increase…

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February 07, 2022 BY Steffy Bogdanova

MAS slaps additional capital requirement on DBS Bank

The regulator highlighted that there are deficiencies in DBS Bank’s incident management and recovery procedures to restore its digital banking services to a normal state, resulting in the prolonged duration of the disruption. The regulator said: MAS noted deficiencies in DBS Bank’s incident management and recovery procedures to restore its digital banking services to a…

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February 07, 2022 BY Steffy Bogdanova

Equinix opens new data centre in Munich

Jens-Peter Feidner, Managing Director for Germany at Equinix, noted: We provide companies in Munich with the most dynamic digital infrastructure platform available, and want it to be as climate-friendly as feasible. As the first operator in the industry to commit to science-based climate targets, we continuously explore and invest in new climate friendly technologies to…

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