Category: Forex

CLS Group trading volumes
May 15, 2020 BY Valentina Kirilova

CLS’ ADV down 30% MoM in April

    Average daily traded volume submitted to CLS by product (USD trillion)* April 2019 March 2020 April 2020 Forward 0.095 0.129 0.086 Swap 1.175 1.358 1.085 Spot 0.369 0.707 0.379 Total average daily traded volume submitted to CLS (USD trillion) 1.639 2.194 1.550  * Due to rounding, numbers presented throughout the document may not…

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Bequant announces crypto prime brokerage for institutional clients
May 15, 2020 BY Steffy Bogdanova

Bequant launches crypto prime brokerage for institutional investors

Gibraltar-based crypto exchange Huobi offers their own brokerage services as an additional service for institutional clients, although finding companies that offer full range of prime brokerage tools is rare. Headquartered in London, Bequant offers its clients access to spot trading at exchanges and OTC desks. Zarya has said that the firm plans to offer derivative…

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Daily Market analysis
May 15, 2020 BY Valentina Kirilova

Daily market commentary: European markets show volatility

EUROPEAN SHARES European markets showed volatility as they edged higher on Friday as traders weighed up the mixed data from China overnight. Investors were pleased to see the Chinese Industrial Production topping estimates for April but were disappointed by the drop in Retail Sales which highlighted the weakness of demand in almost every sector, and…

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StoneX Group announces stock ticker symbol change to SNEX
May 15, 2020 BY Steffy Bogdanova

INTL FCStone rebranding to StoneX Group awaits shareholder vote

The rebranding will cover all of INTL FCStone’s regulatory profiles around the world and will not require any significant action by clients and partners. The company says it will preserve the “significant brand equity” as “Stone” representing the oldest part of the company’s franchise and the “X” is for exchange, digitization and innovation. INTL FCStone…

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May 14, 2020 BY Steffy Bogdanova

Swissquote appoints Chris Thomas as Head of Digital Assets

With 20 years of professional experience in the financial industry, Thomas has previously worked in in sales and trading for European banks in London and Geneva, such as UBS, Societe Generale and BNP Parisbas. He has led European Innovation fir Fidelity investments and built several successful startups. In 2013, Thomas also co-founded Monito, Lausanne based…

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Daily Market analysis
May 14, 2020 BY Valentina Kirilova

Daily market commentary: The US Dollar Index continues to rise

EUROPEAN SHARES  European shares drifted lower on Thursday alongside Asian equities and US Futures on the S&P 500 as market sentiment slowly fades. Investors, who were already sceptical about further gains on stocks, have seen their risk appetite slashed by yesterday’s comments from Jerome Powell. The Fed chairman added to the current uncertainty by warning…

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