Retail performance during the first quarter was affected by the unusually high volatility resulting from conditions and concerns, caused by the coronavirus pandemic. Trailing 3-month direct active accounts grew a record 25% compared to the previous year of 87,349. RPM marked a $231 quarterly record, with average daily volume of $11.7 billion, 52% up from…
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Instrument Active Trader Average Spread Active Trader Effective Spread At Price Orders Positive Slippage Negative Slippage BTC/USD 28.1 26.5 76.9 % 9.6 % 13.5 % ETH/USD 0.9 0.9 73.9 % 13.3 % 12.9 % LTC/USD 0.2 0.1 86.4 % 4.1 % 9.5 % XAU/USD 15.7 16.3 50.8 % 34.7 % 14.5 % EUR/USD 0.4 0.3…
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London Stock Exchange’s integration planning for Refinitiv transaction is also going well. CFIUS received approval and anti-trust filings were prepared in multiple jurisdictions, the commitment to achieving completion in H2 2020 still remains. The company’s revenue reached £215 million, up by 7% with 8% growth at FTSE Russell. The company observed good growth in both…
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XAUUSD was the most traded instrument, reaching $223.6 billion, close to 20% of the overall traded volume. The top traded instruments made up by 3 top US stock indices and German Index (GER30) represent over 17%. The YTD chart shows fluctuation in trading activities between mid-February to mid-March amid higher volatility in the marketplace fueled by…
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The average daily volume OTC trading made almost 80% MoM increase with $17.7 billion and 121% YoY. The number of futures contracts reached 701,820 for March, up by 1.3% MoM and 12.7% YoY. The MoM growth had been steady with marking 23% monthly rise in January and February this year.
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Securities Market Due to the high volatility, the total securities market turnover value spiked higher by 124% YoY with S$48.2 billion and securities daily average value (SDAV) rose to S$2.2 billion with 114% YoY. SGX’s leveraged products segment drew steady interest from traders in search of short-term opportunities. The volumes of structured warrants and daily…
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The IPO is slightly up YoY with about 100 companies having filed plans with the SEC to go public. Investors are also looking forward to future filings from “Unicorns” such as Waymo, which had been valued at $30 billion before the coronavirus pandemic hit; Palantir, analytics/Big Data company, which had been valued at $11 billion;…
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Asia Pacific Q1 2020 ADV reached a record 1.6 million contracts, making a 73% increase compared to the same period in 2019. This increase was contributed to a 195% growth in Equity products, 76% growth in Metals products, and 59% growth in Interest Rate products in the region. Latin America ADV reached 182,000 contracts in…
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The traded contracts in European equity index derivatives increased 91% YoY in trading volumes with 193.2 million in March 2020, compared to 101.2 million in March 2019. At the same time, European equity derivatives dropped to 32.6 million. Overall growth in financial derivatives traded contracts reached 296 million, marking a 46% increase, compared to the…
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AUAC2 dropped by 48% compared to the same period last year as a result of continued efficiency of Plus500's marketing algorithms and improved conversion ratio. Cash balance at the end of the period, 31 March 2020, reached c.$515.6m Operational leverage brought strong Q1 Group EBITDA3 margin and cash conversion with revenue and profitability for the…
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