Category: Forex

November 04, 2021 BY Steffy Bogdanova

TP ICAP names Sebastien Rozes regional CEO for EMEA

Nicolas Breteau, CEO of TP ICAP, said: Innovation, regulation and clients’ needs are driving significant change in EMEA markets.  Sebastien’s deep financial services experience will be a great asset to TP ICAP as we respond to and anticipate these changes so that we remain well placed to execute our growth strategy. Sebastien Rozes commented: TP…

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November 04, 2021 BY Steffy Bogdanova

CySEC lifts license suspension of Depaho, operator of FXGM

The Cyprus regulator has decided to lift the suspension on 2 November, noting that the company has satisfied the compliance requirements under the relevant provision of The Investment Services and Activities and Regulated Markets Law of 2017 and of Regulation (EU) 600/2014. Depaho’s licence was initially suspended by CySEC in July this year. The suspension…

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November 03, 2021 BY Steffy Bogdanova

Dukascopy adds 10 new instruments to crypto offering

Among the new additions are Cardano, Aave, Basic Attention Token, Compound, Enjin, Chainlink, Polygon, Maker, Uniswap, and Yearn Finance. All of the new cryptocurrencies have been added against the US dollar. The total number of crypto instruments on the Swiss online trading platform is now 19. The announcement noted that the additional crypto instruments are…

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Interactive Brokers
November 02, 2021 BY Steffy Bogdanova

Interactive Brokers reports a 31% YoY surge in DARTs in October

In October, the brokerage also recorded 1.58 million client accounts, 57% up compared to the previous year and 3% higher than prior month. Annualized average cleared DARTs per client account stood at 333. The company also noted that average commission per cleared Commissionable Order was $2.48 including exchange, clearing and regulatory fees In September, Interactive…

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TP ICAP
November 02, 2021 BY Steffy Bogdanova

TP ICAP sees 15% rise in Q3 revenue

Agency Execution made the biggest splash with +353% surge in generated revenue. The company attributed this to the inclusion of Liquidnet, which brought £51 million in Q3. Excluding Liquidnet earnings, the division’s revenue grew 13% to £17 million. Liquidnet was acquired earlier this year. Parameta Solutions, Data & Analytics revenue rose by 9% to £37…

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PrimeXM volumes
November 02, 2021 BY Steffy Bogdanova

PrimeXM posts $1.10 trillion in total trading volumes in October

PrimeXM Data Centre in London LD4 registered $877.53 billion in notional value, almost 80% of the total monthly volume. The Data Centre NY4 remained in second place with $122.79 billion in monthly trading volume. TY3 reached $99.35 billion in October. The newly established SG1 data center, processed $359 million. XAUUSD remains consistent as the favouruite…

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FXSpotStream
November 02, 2021 BY Steffy Bogdanova

FXSpotStream sees $50.4 billion ADV in October

The overall volume registered a 23.86% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.63% to $48.665 billion last month when compared to October 2020 The October ADV numbers are based on 21 trading days. Earlier in October, FXSpotStream launched a new microsecond low-latency architecture, designed to deliver “substantial improvements”…

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November 01, 2021 BY Steffy Bogdanova

Urban Angehrn becomes FINMA's new CEO

Urban Angehrn commented: I am very happy to be joining a well-run, established authority, which has gained both national and international recognition. Since it was established almost thirteen years ago, FINMA has achieved a lot and laid the foundations for safeguarding financial stability, client protection and integrity in the financial centre. Building on this, I…

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