24 March 2023
A shift in central bank monetary policy, away from quantitative easing and towards rate hikes, benefited the Group’s operations. This positive trend was reflected across all regions and products, particularly in foreign exchange and interest rate products and securities and security derivatives. With the easing of Covid-19 measures, the gradual transition back to the office across the trading floors also benefited our activities, and generally enabled the financial markets to function more efficiently.
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