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Tag: Institutional FX

Citigroup’s Brokerage Subsidiary to Pay £12.6M for Failure to Detect Market Abuse

United Kingdom's Financial Conduct Authority (FCA) has fined Citigroup Global Markets, an indirect subsidiary of Citigroup Inc., £12,553,800 for breaching the Market Abuse Regulation...

Marex Witnesses 29% YoY Jump in Net Revenues during H1 2022

On 18 August, Marex reported its financial results for the six months ended 30 June 2022. With net revenues of $334.1 million, Marex saw...

CLS Sees 8% YoY Rise in July's FX Volumes

One of the leading providers of settlement services in the FX market, CLS Group released trading volumes for July 2022 today. During the...

WFE: Global Markets Lost $18 Trillion in First Half of 2022

A report published by the World Federation of Exchanges (WFE) on Thursday 11th August, revealed that a total of $18 Trillion had been wiped...

Euronext’s FX Spot Volume Slumps -11.8% in July, Brings $449.9 Billion

The forex spot volume of the European New Exchange Technology (Euronext) declined -11.8% to $449,861 billion in July 2022. Take...

Tradeweb’s Trading Volume Drops 16% MoM in July to $22 Trillion

Total trading volume on Tradeweb Markets, a NASDAQ-listed operator of electronic marketplaces for rates, credit, equities and money markets, dropped -16% in July. The volumes slumped...

Moscow Exchange’s Forex Market Relapses to RUB 17.3 Trillion in July

The forex market of Moscow Exchange (MOEX), Russia’s largest exchange group, relapsed in July. Finance Magnates’ analysis of the July 2022 trading volumes shared...

Cboe’s Global FX Net Revenue Climbs 20% to $16.6M in Q2 2022

The Chicago Board of Options Exchange (Cboe) Global Markets, operator of various options, equities, futures, and forex marketplaces, saw a 20% growth in its...

Euronext Sees ‘Solid Quarter’ as Revenue Jumps 14% to €374.7M

The European New Exchange Technology (Euronext) said its saw a “solid quarter” in its financials for the second quarter of 2022. ...

Insider Trading: US SEC Files Charges against 9 Persons in 3 Cases Involving over $6.8M

The US Securities and Exchange Commission (SEC) on Monday filed charges of insider trading against nine individuals in three separate cases worth over $6.8...

FX Global Code of Conduct: Building on Five Years of Progress

The BIS Foreign Exchange Working Group published the FX Global Code of Conduct on 25 May 2017 with the aim of providing a common set of...

Citigroup’s Revenues Hit $19.6 Billion in Q2 2022

Financial services giant, Citigroup yesterday published its quarterly numbers for Q2 2022. The company took a major hit in net income as the figure...

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