<a href="https://cointelegraph.com/news/uk-online-trading-company-crypto-trading-slowed-markedly-along-with-falling-prices">UK Online Trading Company: Crypto Trading ‘Slowed Markedly’ Along With Falling Prices</a><br /><p><div><img src="https://ohiobitcoin.com/wp-content/uploads/2018/03/9o2VC2.jpg"></div><p>IG Group, a <a href="https://cointelegraph.com/tags/uk" target="_blank">UK</a> online derivatives trading company, has seen a “markedly” slower rate of cryptocurrency trading since the new year, even though the company had stated that their third quarter experienced a “bumper performance” due to the rising popularity of cryptocurrency derivatives, the <a href="https://www.ft.com/content/6094dc60-2da2-11e8-a34a-7e7563b0b0f4" target="_blank">Financial Times</a> reports today, March 22.</p><p>According to IG group data, their “net trading revenues jumped 30 percent year-to-year,” equaling around 152.9 mln pounds - around $216 mln - over “three months to the end of February.” IG Group added that the share of their revenue from crypto product trading increased from 1 percent to 11 percent as compared to last year during the same time frame.</p><p>However, the company noted that in line with the falling prices of crypto since <a href="https://cointelegraph.com/tags/bitcoin" target="_blank">Bitcoin’s</a> (BTC)</p><p>December <a href="https://cointelegraph.com/news/bitcoin-hits-20000-per-coin-capping-year-of-enormous-growth" target="_blank">rise to $20,000</a>, crypto trading has “slowed markedly” after the end of January, with IG Group losing one percent of “active CFD [contract for differences] clients” since the new year.</p><p><a href="https://cointelegraph.com/tags/european-union" target="_blank">European Union</a> (EU) regulators in February released a statement <a href="https://cointelegraph.com/news/eu-regulators-caution-consumers-against-highly-risky-crypto-investing-again" target="_blank">warning consumers</a> against the investing in “highly risky” crypto assets due to their unregulated nature and the crypto market’s volatility. Also in February, <a href="https://cointelegraph.com/tags/france" target="_blank">France’s</a> stock market regulator said that cryptocurrency derivatives <a href="https://cointelegraph.com/news/french-watchdog-says-crypto-derivatives-must-be-regulated-cant-be-advertised-online" target="_blank">must be regulated</a> under the EU’s Jan. financial reforms.</p><p> </p><br /><br>Published at Thu, 22 Mar 2018 11:12:25 +0000</p>Bitcoin Regulation[wpr5_ebay kw="bitcoin" num="1" ebcat="" cid="5338043562" lang="en-US" country="0" sort="bestmatch"]<br /><center><hr/><em>Posted from my blog with <a href='https://wordpress.org/plugins/steempress/'>SteemPress</a> : https://ohiobitcoin.com/uk-online-trading-company-crypto-trading-slowed-markedly-along-with-falling-prices/</em><hr/></center>