The Vienna Stock Exchange has actually included Jump Trading Europe B.V. as its latest worldwide trading member. This relocation marks a substantial addition to the exchange’s list of members, now amounting to 70, with 21 Austrian and 49 global banks and securities companies in its network. Dive Trading has branches in Amsterdam, Bristol, London, and Paris.
Broadening Global Reach
Christoph Boschan, the CEO of the Vienna Stock Exchange, pointed out: “We invite Jump Trading to the Vienna Stock Exchange and are delighted to reinforce our international reach. Most of the trading turnover is produced by global trading individuals.”
According to journalism release, over 85% of the equity turnover on the Vienna Stock Exchange is credited to worldwide trading members. Significantly, Germany, France, and Ireland contribute the most substantial shares of turnover, with the leading trading individuals in 2023 consisting of Morgan Stanley, Goldman Sachs, and JP Morgan Securities.
Invite @jumptrading on the Vienna Stock Exchange! Since today, the worldwide #research and #technology-driven trading company will take part in #trading at #WienerBoerse. More information in our news release: https://t.co/eVucA5ImcM#stockexchange #capitalmarket pic.twitter.com/VYDv2bI0fq
— Wiener Börse AG (@wiener_boerse) March 15, 2024
Dive Trading’s listing on the Vienna Stock Exchange is targeted at taking on regulative examination in a few of its international markets. In 2015, Robinhood severed ties with Jump Trading, signifying a prospective exit from the crypto sector in the United States. This relocation took place in the middle of growing regulative analysis and Robinhood’s re-evaluation of its crypto offerings.
Dive Trading’s Withdrawal from United States Crypto Trading
Dive Trading, when an essential partner for Robinhood’s crypto trading, chose to go back from the United States crypto market. This choice followed a wave of regulative crackdowns in the market, triggering numerous significant gamers to reassess their participation in digital possessions. Unlike standard crypto exchanges, Robinhood depends on market-making companies like Jump Trading to help with commission-free crypto trading.
The dissolution of the collaboration with Jump Trading took place at a critical time for Robinhood, as the business come to grips with decreasing earnings from crypto trading. In the 2nd quarter of 2023, Robinhood’s crypto earnings dropped 18%, showing more comprehensive difficulties in the market.
The Vienna Stock Exchange has actually included Jump Trading Europe B.V. as its latest global trading member. This relocation marks a substantial addition to the exchange’s list of members, now amounting to 70, with 21 Austrian and 49 global banks and securities companies in its network. Dive Trading has branches in Amsterdam, Bristol, London, and Paris.
Broadening Global Reach
Christoph Boschan, the CEO of the Vienna Stock Exchange, discussed: “We invite Jump Trading to the Vienna Stock Exchange and are happy to enhance our worldwide reach. Most of the trading turnover is created by global trading individuals.”
According to journalism release, over 85% of the equity turnover on the Vienna Stock Exchange is credited to worldwide trading members. Significantly, Germany, France, and Ireland contribute the most substantial shares of turnover, with the leading trading individuals in 2023 consisting of Morgan Stanley,
