Pepperstone Limited, the London based FCA regulated arm of leading Australian Retail FX brokerage group Pepperstone, has indicated in regulatory filings that the company brought in £4.98 million (USD $6.4 million) from CFD commissions and spreads for the fiscal year ended June 30, 2018, the company's first full year of operation. The company grew its…
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Derivatives marketplace CME Group (NASDAQ:CME) has announced its suite of energy futures and options reached a daily trading volume record of 5,103,881 contracts on Wednesday, Nov. 14, 2018, surpassing the previous record of 5,067,833 contracts set on Dec. 1, 2016. Customers are increasingly accessing the deep liquidity across our energy markets to manage price risk during this…
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The Securities and Exchange Commission (SEC) has announced that it has charged Giga Entertainment Media Inc. and five of its former officers and directors—Gary Nerlinger, Jarret Streiner, Lawrence Silver, Alfred Colucci, and Charles Noska—with fraud in connection with a scheme to mislead investors. According to the SEC’s complaint, between February and August 2016, the company…
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The Financial Markets Authority (FMA) has just issued a warning against a scam company called Messrs John Preston and Robert Harding; Harding & Company Advisors. Messrs John Preston and Robert Harding; Harding & Company Advisors Date: 16 November 18 Address: 17 State St, New York NY 10004 USA Website: www.handcadvisors.com Phone: +1 646 931 1975…
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LCH SwapAgent, a service for the non-cleared derivatives market, has announced that it has processed its first swaption trade. Two swaptions trades were completed between Nomura and Deutsche Bank, one denominated in Euro and the other in US Dollars. The trades were brokered by ICAP, part of TP ICAP group, and processed by MarkitSERV. Deutsche…
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Social trading focused broker ayondo, which went public earlier this year on the Singapore Exchange, has announced fairly disappointing results for the third quarter of 2018. Overall, ayondo revenues totaled just under CHF 4.0 million (USD $3.98 million) in Q3-2018, down 15% from Q2 and off 23% from last year's Q3, from before when the…
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Australian regulator ASIC has amended ASIC Corporations (Non-cash Payment Facilities) Instrument 2016/211 to remove an expiry date that would have seen the instrument cease operating in March 2019. The amendment means that the instrument will continue to operate beyond March 2019. ASIC Corporations (Non-cash Payment Facilities) Instrument 2016/211 provides relief for the following types of…
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Refinitiv, formerly Thomson Reuters Financial and Risk, has announced that it has signed an agreement with Nordic investment management firm E. Öhman J: or Fonder (Öhman) to deliver an end-to-end workflow solution for their investment management business. The agreement will cover the entire pre- to post-trade workflow, and allows Öhman to leverage the full depth…
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After months of debating and anticipation, the hard fork of Bitcoin Cash is officially here. The code for the fork has been activated. As the NextWeb reports: "The Bitcoin Cash blockchain is now split in three separate networks, each with its own set of rules and governing principles: one developed by Bitcoin-ABC, one developed by…
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Bitcoin has just crashed by over $800 and skimmed 15% of the cryptocurrency market value in just over an hour. Bitcoin was trading above $6,000, but suddenly fell to $5,530. The initial decrease happened in about half an hour, which really shocked the market and Bitcoin investors. Other major alt coins, such as Ethereum and…
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