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Arnab Shome

FX Trading Has Become a $7.5 Trillion ADV Market; London Losing Steam

The global foreign exchange (forex) trading market touched $7.5 trillion in average daily transactions last April, which is a 14 percent increase from the same month in 2019. It was an all-time high...

Tradeweb Markets’ Q3 Revenue Jumps 8.2%; CEO Lee Olesky to Retire

Tradeweb Markets (Nasdaq: TW) published its financials for the third quarter of 2022, reporting $287.1 million in revenues, an increase of 8.2 percent. Take Advantage of the Biggest Financial...

UK Court Winds Down Fraudulent Crypto Firm PGI Global

The High Court in the UK has winded down PGI Global UK Ltd for running a cryptocurrency trading scam and defrauding investors. In addition, the Official Receiver appointed a liquidator for the process...

France’s AMF Names Marie-Anne Barbat-Layan as New Chair

The French financial market regulator, locally known as Autorité des Marchés Financiers (AMF), announced the appointment of Marie-Anne Barbat-Layani as the new Chair. She received the French President’s decree on October 26. ...

eToro Acquires Portfolio Management Tool BullSheet

eToro announced on Thursday its acquisition of Bullsheet, a provider of portfolio management tools exclusively to eToro users. The platform was developed by two cousins, Filipe Sommer and João Ramalho Carlos. ...

XTB Doubles YoY Revenue in Q3 2022

XTB (WSE: XTB), a Polish forex Forex ...

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