Category: Financial Services

Euronext
December 08, 2022 BY Steffy Bogdanova

Euronext sees $463.7 billion in FX trading volume in November

The average daily volume in FX for last month came in at $21.1 billion. Compared to October’s $21.5 billion, this was a 2.1% MoM drop. Total Cash Market numbers in November stood at $240.0, rising 16% compared to previous month. On yearly basis, the exchange saw a 20% decrease. Derivatives markets on Euronext strengthened by…

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December 05, 2022 BY Steffy Bogdanova

Equals Group’s revenue rises 61% YTD, shares jump

The Group’s board of directors noted it expects the full-year results to exceed current market expectations. Meanwhile, the company has continued to invest in connectivity, technology, and product development. Furthermore, the official announcement noted it has strengthening its resources in marketing, sales and compliance. Strafford-Taylor added: We continue to invest in people, products and technology…

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Whistleblower
November 29, 2022 BY Steffy Bogdanova

SEC gives a $20 million award to a whistleblower

Payment of the awards is taken out of an investor protection fund set up by Congress. It is financed through monetary sanctions of security law violations paid to SEC. To be eligible for the award, a whistleblower needs to voluntarily provide the commission with reliable information that leads to successful enforcement action. The awards range…

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Broadridge
November 29, 2022 BY Steffy Bogdanova

Broadridge and SLIB launch global voting solution for the French market

The new solution is a significant addition to the cross-border proxy voting service for France-based investors, Broadridge and SLIB launched in December 2021. Firms using Broadridge and SLIB’s new solution will be able to take advantage of an efficient, streamlined process throughout the vote processing lifecycle which includes the capture and distribution of golden copy…

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Deutsche Börse
November 09, 2022 BY Steffy Bogdanova

Deutsche Börse’s cash markets turnover drops nearly 14%MoM in October

Trading volumes on Börse Frankfurt in October came in at €2.14 billion (September: €2.51 billion). Last month, Equities on Deutsche Börse generated €78.75 billion and trading in ETFs/ETCs/ETNs accounted for €18.29 billion of the turnover. Bonds recorded €0.27 billion, certificates €0.80 billion and funds brought in €0.05 billion. Linde plc was the DAX stock with…

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Euronext
November 09, 2022 BY Steffy Bogdanova

Euronext FX trading volumes drop 15% MoM in October

The average daily volume in FX for last month came in at $21.5 billion. Compared to September’s $24.2 billion, this was a 11.1% MoM drop. Total Cash Market numbers in October stood at $206.8, down by 9% compared to September 2022. On yearly basis, the exchange saw a 19% decrease. Derivatives markets on Euronext also…

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ASIC ban
November 08, 2022 BY Steffy Bogdanova

FX Ponzi scheme operator pleads guilty in a $180 million fraud case brought by ASIC

According to ASIC, the Courtney House companies convinced investors that their funds would be traded in Forex and Futures markets, however, only 3% of those funds were actually traded. Instead, the amounts paid to investors on monthly basis, came from the deposits of new investors. The Australian regulator stated: In addition to offering purported ‘standard’…

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Cboe
November 06, 2022 BY Steffy Bogdanova

Cboe sees 21% rise in global FX net revenue in Q3

The average daily notional value of forex trading on Cboe FX came in at $41.3 billion for Q3 2022, registering a 27% jump compared to the same period the previous year. In the official announcement, the company noted that Cboe FX commanded 17.8% of the market share, compared to 17% in last year’s third quarter.…

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Euronext
November 04, 2022 BY Steffy Bogdanova

Euronext revenue drops by 14% in Q3

Additionally, post-trade revenue (excluding NTI) registered growth of 3.7% YoY to €86.2 million. Clearing revenue reached €29.1 million, 5.8% lower on yearly basis as a result of a growing bonds and derivatives clearing activity and net treasury income of Euronext Clearing stood at -€38.3 million. Euronext reported adjusted earnings before interest, taxes, depreciation and amortization…

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Equinix expands footprint in India with a fourth data centre
November 03, 2022 BY Steffy Bogdanova

Equinix sees Q3 net income of $212 million

Operating income for Q3 reached $333 million, registering a 5% increase compared to the second quarter. Charles Meyers, the President and CEO of Equinix, said: We had another record quarter as global demand for digital infrastructure continues to grow and customer preferences trend convincingly toward architectures that are highly distributed, persistently hybrid, deeply cloud-connected, and…

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