This represents a 0.2% MoM rise compared to October 2021. The November ADV reached 5.9% YoY growth compared to the same period in 2020. The broker’s ADV encompasses volumes traded across the group’s liquidity network which includes TrueFX and Integral OCX, in aggregate. Earlier in November, FXCM Pro and Integral unveiled a centrally cleared platform…
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Trevor Croker, Aristocrat’s CEO and Managing Director, commented: The approval given by Playtech shareholders to dispose of Finalto meets a condition of Aristocrat’s recommended offer and is a further step forward in the completion process. Aristocrat’s offer for Playtech has been recommended by the Playtech Board, and is the only offer on the table for…
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The company’s overall volume reached $1.134 trillion, surpassing the $1 trillion mark for a seventh time this year. The overall volume registered a 21.31% YoY increase compared to the same period last year. FXSpotStream’s ADV YTD rose 14.77% to $48.932 billion last month when compared to November 2020 The November ADV numbers are based on…
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Group Chief Executive Officer Ralph Hamers, commented: I’m also excited to welcome Sarah Youngwood to the UBS team in her role as Group CFO and Group Executive Board member. With her strong track record, in-depth finance expertise, and experience across various banking areas, Sarah is ideally suited to lead our finance function into the future.…
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Even before large losses at the end of last week, it already seemed fairly unlikely that the cartel would significantly boost production. With most members seemingly content with prices of Brent around $75-85 and various countries including Japan having released their strategic reserves of crude, there had been no clear calls among OPEC for increasing…
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oneZero noted that with a Bachelor of Science degree in Physics, Sullivan combines legal skills and scientific curiosity, which makes him a great fit for the company’s business model. Jim Sullivan commented: I’m delighted to be joining the oneZero team at this exciting juncture. The firm has a portfolio of world class proprietary solutions and…
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June Felix, CEO, IG Group, commented: We’re really excited by this deal, as it delivers a significant return on the previous investments made in Nadex and Small Exchange and enables additional investment across all our businesses. This deal also allows us to further sharpen our focus on integrating and expanding the US options and futures…
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Regulators in the UK and EU working to enhance confidence in the financial markets by intensifying their enforcement action. SteelEye’s Three-Way Reconciliation solution is designed to helps firms address data integrity issues by automating the reconciliation process between the regulated firm, NCA and/or ARM. Matt Smith, Chief Executive Officer at SteelEye said: MiFID II has…
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Sean M. O’Connor, CEO of StoneX Group Inc., stated: Although our fourth quarter earnings were below our long-term target, we were pleased to see that for the fiscal year we achieved record operating revenues and a 13.9% ROE. Last year included the significant non-recurring gain on our acquisition of Gain Capital Holdings, Inc. (“Gain”), adjusting…
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Wharton’s appointment follows the latest funding round which will accelerate the development of Appital’s technology infrastructure. It will also speed up its integration with financial institutions and technology vendors and allow expansion of their engineering team to support the delivery of their strategy. This process has already started with the recent announcements of Appital’s partnership…
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