CME Group Publishes Higher 2022 Results, Beats Forecast
CME Group (NASDAQ: CME), which operates a major US derivatives exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities […]
Mohamad Ibrahim Joins XS.com as Group CEO
Mohamad Ibrahim, the FX/CFDs industry executive who left Exness in mid-2022, has joined XS.com as the Group Chief Executive Officer. He is based out of Dubai but will share his time in all global offices of the online broker. XS.com provides counterparty trading services to retail traders and has liquidity Liquidity The term liquidity refers […]
Pakistani rupee falls after market maker group removes currency cap By Reuters
© Reuters. FILE PHOTO: A currency trader counts Pakistani Rupee notes as he prepares an exchange of U.S dollars in Islamabad, Pakistan December 11, 2017. REUTERS/Caren Firouz By Ariba Shahid and Asif Shahzad KARACHI, Pakistan (Reuters) – The Pakistani rupee fell by 1.2% on Wednesday after foreign exchange companies removed a cap on the currency, […]
Admiral’s Roman Krutyanskiy Joins MultiBank Group as Chief BDO
Roman Krutyanskiy, Admiral’s former Chief Sales and Service Officer, has joined financial derivatives broker MultiBank Group, as its new Chief Business Development Officer. Krutyanskiy announced his new role on Monday on LinkedIn. Krutyanskiy’s new position comes over two months after he resigned from Admirals where he served for over 11 years in several senior roles […]
T-teck to Sell Titan-t Brand, Refocusing Group Efforts
A wide range of industry moves and developments have been already occurred in 2023. This includes T-teck, which has seen its market footprint steadily expand as the company focuses on technology resale partners. Finance Magnates spoke with Jacob Polyakov, COO of T-teck for his in-depth perspective on the company’s recent moves and strategy. I understand […]
CME Group Hits Record 7.56M Single-Day SOFR Futures and Options Contracts
The single-day volume of Secured Overnight Financing Rate (SOFR) futures and options contracts traded on the Chicago Mercantile Exchange (CME) hit a record 7.56 million contracts on January 12. This came with a record open interest rate of 35.7 million contracts on the same day, CME Group disclosed in a press statement. AloGatewayis a Global […]
SIX Group Fines Swissquote for Publicity Violation
The Sanctions Commission of SIX Group has issued a fine of CHF 75,000 against Swissquote Group Holding SA, an online financial and trading services provider, for allegedly violating its provision on ad hoc publicity. AloGatewayis a Global payment processing service and solutions provider able to cater to a multitude of clients ranging from small family-owned […]
LCG Enlists IG Group, to Engage Other ‘Industry-Leading Providers’
<p class="MsoNormal">London Capital Group (LCG), a spreadbetting and CFD trading provider, has announced its partnership with online trading provider, IG Group. LCG said it wants to leverage IG Group’s platform, pricing and execution technology.</p><p class="MsoNormal">“IG’s Web Trading Platform is well established, industry-leading technology, backed by IG’s excellent pricing, liquidity and execution. We’re delighted to add […]
Ramon Kaur Announces IG Group Departure
Ramon Kaur has announced she is leaving her role as Global Head of Communications for the IG Group. The London-based Kaur made the declaration on LinkedIn post on Friday, saying: Ramon Kaur “After 5 incredible years at IG Group, I’ve decided it’s time for a new adventure. I’ll have some exciting news to share next […]