Category: Forex

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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February 04, 2022 BY Steffy Bogdanova

Credit Suisse hires Michael Bonacker as Vice Chairman

Most recently, Bonacker was a senior adviser at Oliver Wyman. Prior to that, he worked at Swiss investment bank UBS as Head of Corporate Development. Bonacker also served as the Head of Asset Management and Corporate Banking at Frankfurt-based BHF bank. He has held a range roles in multiple financial institutions such as Commerzbank, McKinsey,…

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Spectrum Markets releases trading volumes
February 03, 2022 BY Steffy Bogdanova

Spectrum Markets nearly doubles trading volume in 2021

2021 milestones Spectrum’s second full calendar year in business also saw several initiatives and milestones unveiled. This includes the launch of Spectrum’s SERIX European retail investor sentiment data insights, connectivity collaborations with LIST and SIA (now part of Nexi Group), as well as the addition of individual equity Turbos to product range. During 2021, the…

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Appital
February 03, 2022 BY Steffy Bogdanova

Appital adds Bernstein as execution broker

Mark Badyra, CEO Appital, commented: We have been working with Bernstein to develop the platform from the early development phase. Asset managers told us they would like to use Bernstein to execute this type of flow because of their independent market position and strong research focus. Our collaboration gives our shared client base the functionality…

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