Market Current Affairs 20 August 2015
Andrew Saks-McLeod looks at this week’s Forex Industry News (August 20, 2015).
Andrew Saks-McLeod looks at this week’s Forex Industry News (August 20, 2015).
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Institutional FX 
Eurex reports mixed volumes for November 2022
Deutsche Börse’s derivatives-focused exchange, Eurex today said its total traded derivatives contracts grew by 10 percent in November, from 68.6 million to 75.3 million compared to the same month last year.
Digital Assets 
AAX’s Nigerian customers storm local office amid withdrawal halt
According to the Nigerian media, angry consumers of the troubled crypto exchange AAX had stormed its local office hoping they can get their money back after the firm halted operations earlier in November.
Digital Assets 
As SPAC bubble bursts, Circle terminates its $9 billion merger with Concord
USDC stablecoin issuer, Circle has terminated its planned $9 billion SPAC merger with publicly traded blank-check company Concord Acquisition Corp.
Institutional FX 
Integral reports lowest FX volume in two years
Foreign exchange trading volumes dropped in November across Integral’s trading platforms as currency markets saw a relatively quiet period after consecutive months of strong trading activity.
Technology 
CDEX: Avelacom announces connectivity to Cboe Europe Derivatives
“We anticipate that many of our customers from Asia will be particularly interested in getting exposure to pan-European products via just one venue, which CEDX offers.”
Retail FX 
BUX acquires Spanish Ninety Nine’s retail brokerage unit
“Thanks to this acquisition, Ninety Nine users will have access to a wide range of services provided by BUX, such as investing in Spanish, European and US stocks, ETFs, cryptocurrencies, fractional investing and the BUX Savings Plan.”
Digital Assets 
SEBA and HashKey partner to expand crypto in Hong Kong and Switzerland
SEBA Bank AG has announced a new strategic partnership with HashKey Digital Asset Group as part of both firm’s expansion efforts in Hong Kong SAR.
Executive Moves 
Broadridge appoints Martin Koopman as Chief Product Officer
“Martin has a proven record of driving product innovation both at Broadridge and at previous companies. His vision and proven ability to execute will be invaluable as we become the foremost SaaS provider to the financial services industry.”
Digital Assets 
DAM rolls out Moonwalkers v1 testnet ahead of support for yield-generating collateral
“We want to champion innovation by making it easier to securely direct stablecoin liquidity away from Ethereum towards newer networks without the constant vulnerabilities posed by bridges. d20 will help accelerate the adoption flywheel of emerging networks, and this is our first step towards making our omnichain promise a reality.”
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