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Category: Forex Trading News

Forex Trading News 0

Tradeweb Loses 2-Month Volume Growth, Relapses to $21.3trn in October

<p class=”MsoNormal”>Tradeweb Markets, a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities and money markets, saw a reversal in its two-month growth in October 2022.</p><p class=”MsoNormal”>The operator’s total trading volume for October came in at $21.3 trillion, which is a -15% decline month-over-month (MoM) from <a href=”https://www.financemagnates.com/institutional-forex/tradeweb-sees-2-month-volume-growth-posts-251-trillion-in-september/”>the $25.1 trillion posted</a> in September. </p><blockquote class=”twitter-tweet”><p dir=”ltr” lang=”en”>Today we reported total […]

Forex Trading News 0

CySEC Expands Warning List, Adds Five Unlicensed Trading Platforms

<p> The Cyprus Securities and Exchange Commission (<a href=”https://www.financemagnates.com/terms/c/cysec/” target=”_blank” id=”37d97d82-59f8-4ce2-94d2-21c5bdc82663_1″ class=”terms__main-term”>CySEC</a>) added five more trading services providers to its warning list on Thursday. According to the official statement, they do not hold a license of an investment services company, thus their operations are illegal.</p><p class=”MsoNormal”>The added platforms are rcebanque.com, winnexconsulting.com, roboticsforex.com, goldenburgfunds.com and onecapitalinvest.co. The websites offer contracts for […]

Forex Trading News 0

Virtu Financial’s Q3 Net Income Declined by 35% YoY

<p>Virtu Financial (Nasdaq: VIRT), an electronic market maker, ended the third quarter of 2022 with a net income of $79.9 million, which is a decline of 35 percent from $123.1 million generated in a similar quarter of the prior year. The normalized adjusted figure came in at $106.8 million.</p><p>The income was generated on total quarterly revenue of $561 million, which […]

Forex Trading News 0

Saxo Bank Sees 13% MoM Decline in October’s FX Volume

<p>The Danish brokerage firm, <a href=”https://www.financemagnates.com/tag/saxo-bank/” target=”_blank”>Saxo Bank</a>, published its September trading metrics showing a decline in monthly demand for foreign exchange (forex) trading and other instruments.</p><p>The platform handled $127.9 billion in <a href=”https://www.financemagnates.com/terms/f/forex-trading/” target=”_blank” id=”258a569f-bf49-4a61-a1b4-bc352d76141f_2″ class=”terms__main-term”>forex trading</a> volume last month compared to $146.7 billion in the <a href=”https://www.financemagnates.com/forex/forex-and-equities-push-saxos-bank-volume-43-higher-in-september/” target=”_blank”>previous month</a> when the market corrected sharply after a summer lull. […]

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