The ADV across all asset classes for September includes: Equity Index ADV of 6.9 million contracts Interest Rate ADV of 4.9 million contracts Options ADV of 2.3 million contracts Energy ADV of 2 million contracts Agricultural ADV of 1.4 million contracts Foreign Exchange ADV of 1 million contracts Metals ADV of 734,000 contracts CME Group…
Read moreWhilst underlying revenues increased by 7.1% in the third quarter, the net revenue was reduced by £11.8 million to £91.8 million, 5.1% behind the same period last year (2014: £96.7 million) following the SNB event on January 15. IG states that the majority of the ensuing client debts of £18.4 million are provided for
Read moreWhile the big news is Gain Capital's acquisition of City Index, the brokerage also announced preliminary results today for the third quarter ended September 30, 2014. The results were pretty good and this is not surprising considering the company's record volume metrics from September. The numbers were particularly good for the retail segment which notched…
Read moreCME Group Inc. (NASDAQ: CME) today reported revenues of $762 million and operating income of $430 million for the third quarter of 2014. Revenue is up 6.7% from 2013's third quarter of $714 million and up 4% from 2014 second quarter revenues of $730 million. Net income attributable to CME Group was $290 million and…
Read moreTRI did, however, surpass 100,000 Eikon desktops installed early in Q4. Information provider Thomson Reuters (NYSE:TRI) reported mixed Q3 results this morning, which saw its earnings beat estimates but its revenues disappoint somewhat. One of the reasons given for the lighter revenues was lower trade volumes in foreign exchange and fixed income markets. Thomson Reuters…
Read moreSwissquote also expanding to Malta, second office outside Switzerland. Leading Swiss online brokerage Swissquote (a member of LeapRate's Approved List of global Forex brokerage firms) announced today that FX volumes increased nicely in Q3 to average CHF 37 billion per month (or $38 billion), up more than 30% over Q2. This is a nice development to…
Read moreRetail volumes continue to fall, but institutional volumes strong After a two-day delay due to Hurricane Sandy, Gain Capital (Forex.com) announced its Q3 results after markets closed yesterday, showing an overall profit (albeit a small one) of $3.6 million on revenues of $40 million for the quarter. Both numbers were well below Q3 figures last…
Read moreFXCM lines down; will Gain report Q3? NYSE still closed.... First of all, we'd like to take this opportunity to wish our best to all those in Sandy's path, in the US northeast and in Canada. Hope you are staying safe. While limited geographically, the storm is having worldwide implications given (especially) the New York…
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