The broker ended the month with client credit balance of $99.2 billion, including $2.4 billion in insured bank deposit sweeps. The client credit balance came in 9% higher than in April 2022 and 3% more than the prior month. However, client accounts on the platform increased 20% YoY and 1% MoM to 2.22 million in…
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Lars Holst, Founder and CEO, GCEX said: We see significant growth opportunities for GCEX across Europe and are excited to strengthen our institutional team to cover German-speaking markets. Having worked with Tilman previously at Saxo Bank, I know that he has the expertise, regional knowledge and contacts to help us to build an even stronger…
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Mohamad Ibrahim, Group Chief Executive Officer (CEO) at XS.com, commented: Chanelle will be responsible for overseeing all aspects of our operations for this important part of the world, including developing and executing our strategic plan for South Africa - ensuring it is in line with XS Group’s overall objectives. She will be in charge of…
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Additionally, The underlying business income hit a record high of EUR 414 million in Q1 2023, marking a 2% increase compared to the same period last year. The company's three-year underlying business income CAGR of 9% highlights the growth it has achieved despite the volatility of financial markets, the firm noted. Meanwhile, quarterly interest, banking,…
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Additionally, the Group revealed that its consolidated subsidiaries, including Dukascopy Japan and Dukascopy Europe, were also profitable in 2022. Veronika and Andrey Duka co-Chief Executive Officers, said: Despite all complexities and challenges of the financial year 2022, the Bank's profit is 200% higher than the profit for 2021. All of the Bank's subsidiar ies were…
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The official announcement detailed that the deal will leverage both firms’ trading solutions and industry experience to create more liquid, transparent and efficient fixed income markets. Through the acquisition, Yieldbroker will gain access to domestic client network, including superannuation funds, as well as Tradeweb’s global multi-asset platform, liquidity and technology. The companies also believe that…
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Compared to the fourth quarter of last year, the figure jumped 145% from PLN 216.7 million. Net profit for the period stood at PLN 302.8 million, registering a 19.9% rise YoY and a 505.6% surge QoQ. Active clients The numbers of active clients on the platform improved significantly in the first quarter of the year.…
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Liquidnet's recent partnership aligns with their objective of resolving intricate liquidity and execution challenges encountered by their members. Chris Jackson, Global Head of Equity Strategy and Head of EMEA Equities at Liquidnet said: Finding block liquidity in small and mid-cap names remains a challenge for most asset managers. It’s a challenge that often goes beyond…
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Kentaro Okuda, Nomura President and Group CEO, said: We reported net revenue of 1,335.6 billion yen and net income of 92.8 billion yen for the full year, both representing a year on year decline amid volatile markets due to heightened geopolitical risks, inflation and central bank monetary policy tightening. Q4 results The Japanese company saw…
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Conway has been with Equiti Capital UK since 2018 when he joined the company as the Chief Financial Officer (CFO). In December 2021, he became Deputy Group CFO for the global Equiti Group. The company highlighted that while in that role, he has led initiatives and drove improvements in operational efficiencies that resulted in substantial…
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