oneZero launched its Institutional Hub in 2019 and has seen rapid adoption among institutional brokers and banks.
Activity in the second half of April picked up, and even exceeded March’s levels at some leading forex ECNs.
Global FX net revenue of $17.1 million increased 16% at Cboe, primarily as a result of higher net transaction and clearing fees.
November was basically flat with October, until the last few trading days, when Omicron variant fears rattled financial markets.
Cboe reported global FX net revenue of $14.3 million, up 8%, primarily as a result of higher net transaction and clearing fees.
Cboe reported global FX net revenue of $13.8 million, up 1%, primarily as a result of higher net transaction and clearing fees.
Overall, trading volumes were up 2.3% MoM in May, with all ECNs but FXSpotStream posting modest single-digit percent gains.
Cboe Global Markets reported global FX net revenue of $14.0 million for the final quarter of 2020, up 9% from a year earlier.
The volume driver was increased currency volatility thanks mainly to the continued erosion during the month of the value of the US Dollar.
Following a fairly strong September, institutional FX traders returned to the sidelines in October ahead of what may be a volatile November.