Euronext NV (EPA:ENX) today posted its results for the second quarter of 2021, with FX trading revenue lower than a year earlier. FX trading reported revenue amounted to €5.7 million in Q2 2021, down 13.5% from the equivalent quarter in 2020, reflecting lower FX trading volumes in a low volatility environment. The result is also…
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Schroders plc today announces that Dame Elizabeth Corley will join its Board as a Non-executive Director, member of the Nominations Committee and Chair designate. The changes are effective 1 September 2021. Subject to shareholder approval, Dame Elizabeth Corley will succeed Michael Dobson as Chair at the conclusion of the Company’s Annual General Meeting, currently scheduled…
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SC Ventures, the ventures and innovation arm of Standard Chartered, and Northern Trust, a leading asset servicing provider, announced today that Zodia Custody is now registered with the Financial Conduct Authority (FCA). The registration means that Zodia Custody is now providing commercial services to clients as a cryptoasset business. Zodia Custody, an institutional grade cryptoasset…
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FNG Exclusive.. FNG has learned that ATFX UK (or more formally AT Global Markets UK Limited), the FCA regulated arm of Chinese controlled retail FX broker ATFX, posted a loss of £766,416 for the fiscal year ended October 31, 2020. The principal activity of the company is the provision of online trading facilities in Forex…
UK direct-to-investor investment and online trading firm Hargreaves Lansdown PLC (LON:HL) today announces Board changes. Philip Johnson
Poland based Retail FX and CFDs brokerage group XTB has just reported its financial results for Q2, including a loss of PLN 23.9 million (USD $6 million) for the quarter after revenues dropped by 70% (!!) QoQ, coming in at PLN 55.2 million (USD $15 million) versus PLN 186.7 million in Q1. As a result,…
Read More “XTB shares plummet 25% after posting $6M Q2 loss, 70% revenue drop” »
Credit Suisse Group AG today published the report based on the independent external investigation into Archegos Capital Management, which was commissioned by the Board of Directors and supervised by a special committee of the Board. Over the past months, at the direction of the Board of Directors, Paul, Weiss, Rifkind, Wharton & Garrison LLP and…
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CME Group Inc. (NASDAQ:CME) today reported financial results for the second quarter of 2021. The company reported revenue of $1.2 billion and operating income of $675 million for the second quarter of 2021. Net income was $510 million and diluted earnings per share were $1.42. This compares with net income of $503.3 million registered in…
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The Cyprus Securities and Exchange Commission (CySEC) today announces that the suspension of the authorisation of the Cyprus Investment Firm Depaho Ltd, parent of FXGM, is extended and the company is allowed a two-month period to proceed with the necessary actions in order to comply with the relevant provisions of The Investment Services and Activities…
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CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, and IHS Markit, a world leader in critical information, analytics and solutions, today announced that HSBC has joined the cross-currency swaps service. There are now nine settlement members live on the service, including some of the world’s largest banks….
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