SEC Stops XM Philippines Over Unregistered Offers
The SEC orders Trading Point Holdings, XM Philippines to stop selling unregistered securities after using Manny Pacquiao as a brand endorser.
Original
Global Broker Regulation Inquiry App
WikiFX
English
简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
MOEX Sees 18.8% YoY Dip in Fee and Commission Income during Q2
Abstract：Compared to the previous quarter, the number was down by more than 24%. EBITDA in the second quarter climbed by 17%.
Moscow Exchange (MOEX) reported its financial results for the second quarter of 2022 today. During the mentioned period, the exchange witnessed a sharp decline of 18.8% in Fee and Commission income (F&C) as the number reached RUB 8,056 million.
Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and Payments.
In the first quarter of 2022, MOEX reported an F&C income of more than RUB 10,647. The exchange saw major challenges during the recent quarter. F&C income related to the Bond Market suffered a substantial drop of over 63%.
“The total market capitalization of the Equities Market as of the end of the second quarter was RUB 40.89 trillion (USD 778.90 billion). Fee and commission income from the Equities Market fell by 61.1% on the back of a nearly identical decrease in trading volumes of 63.1%. A slight improvement in effective fee is explained by the ascending tariff structure as trading volumes decrease,” MOEX highlighted.
“Fees and commissions from the Bond Market decreased by 63.2% as trading volumes excluding overnight bonds shrank by 70.0% amid a backdrop of adverse interest rate environment. Effective fee dynamics was supported by migration of trading volumes to value-added, CCP-based trading modes,” the company added.
FX Market
According to the details shared by the Moscow Exchange, the platform witnessed a jump in F&C income related to the FX market. The number was up by more than 13%. However, FX trading volumes plunged by approximately 36%. Additionally, money market fee income decreased by 22.4%.
“Fee income from the FX Market was up 13.6% while trading volumes decreased by 35.8%. The discrepancy in fee and volume dynamics is largely explained by a shift in trading volumes mix towards the spot segment. Spot volumes declined 4.4% while swap volumes shrank by 47.1% amid a general economic trend of decreasing FX exposure. Derivatives Market fee income was down 49.1% as trading volumes declined by 57.8%,” Moscow Exchange mentioned in the announcement.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Long
Short
Slippage
Leverage
Indicator
Quoted currency
Roll-Over
US Non-farm Payrolls
Broker
Clearing
Commission
Currency Pair
Dealer
Future
Inflation
Arbitrage
Spot Market
Spot Price
Contract
Interest
Net Position
Devaluation
BOE
PBOC
Volume
Liquidity
Margin
knowledge
Learn basic forex
Forex trading
Forex margin
Forex Chart
Forex indicator
support and resistance
Forex Broker
Forex strategy
Forex Currency pair
Forex Analysis
Forex news
leverage in forex
forex pips
Basic forex knowledge
forex market
forex beginners
FSCA
monetary policy
mortgage-backed securities
interest rates
inflationary
Non-farm payrolls
Ramadan
Stock
Read more
Interactive Brokers Opens Access to Brazil’s B3 Exchange
Interactive Brokers adds Brazil’s B3 Exchange, giving investors worldwide seamless access to trade Brazilian equities and expand emerging market opportunities.
Original
4XC Exposed:Do Traders Report Sudden Balance Disappearance, Outdated Process & Poor Customer Service
Have you experienced a NIL balance in your 4XC trading account due to a sudden liquidation of your forex positions? Gained a healthy return on your deposit but saw a quick disappearance of funds in your account afterward? Do you still need to go through the old and outdated process of opening a 4XC Broker trading account? Are you struggling to withdraw your funds? These have allegedly become rampant for traders tied to this broker. In this 4XC review article, we have shed light on the negative comments. Take a look!
Original
IQ Option Review: Real User Experiences
IQ Option broker review: See what users say about trading experience, withdrawals, and platform support.
Original
WikiFX Broker
Latest News
Is Deriv Safe? A Deep Dive into Regulatory Claims vs. Withdrawal Nightmares
WikiFXInside Darwinex Broker Review: Regulation Explained & Authentic User Complaints
WikiFXMIFX Regulation, Is This Indonesian Broker Safe?
WikiFXBLITZ finance Review 2025: Is It a Scam? License and Safety Evaluation
WikiFXThe "Invalid Profit" Trap & The Withdrawal Maze: A Deep Dive into MultiBank Group
WikiFXB2CORE Update Enhances Forex Broker Operations and CRM Systems
WikiFXWisunoFX Review 2025: A Complete Look at Costs, Trading Platforms, and Safety
WikiFX9X Markets Review: Is It Reliable?
WikiFXIQ Option Review: Real User Experiences
WikiFXBessent to propose major overhaul of regulatory body created from financial crisis
WikiFXCurrency Calculator
USD
CNY
Current Rate: 0
Amount
USD
Available
CNY
Calculate