On October 26, 2018, Jiang Feng, President of the Shanghai Stock Exchange (SSE), and Akira Kiyota, CEO of Japan Exchange Group (JPX), have signed a Memorandum of Understanding (MOU) on Closer Cooperation on behalf of the two exchanges. The two sides agreed to carry out the feasibility study on ETF products cooperation to jointly promote…
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Right after announcing that it has completed the acquisition of NEX Group plc (LON:NXG), derivatives marketplace CME Group Inc. (Nasdaq: CME) has informed that it has reached average daily volume (ADV) of 20.6 million contracts per day during October 2018, up 38 percent from October 2017. Open interest at the end of October was 128…
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Boerse Stuttgart has announced that it has generated turnover of more than EUR 6.9 billion in October 2018. Securitised derivatives accounted for the largest share of the turnover. The trading volume in this asset class was around EUR 3.4 billion. This represents an increase of 44 percent in comparison with the previous month. Leverage products…
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Cboe Global Markets, Inc. (Cboe: CBOE) has reported several new trading records. Cboe VIX futures set new monthly total volume record Cboe SPX options set new monthly total volume record In the month of October, Cboe Volatility Index® (VIX®) futures traded at Cboe Futures Exchange (CFE®) had record monthly volume of 9.66 million contracts, surpassing…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Meta Investing. Meta Investing is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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CME Group Inc. (Nasdaq: CME) has just announced that it has completed its acquisition of NEX Group plc (LON:NXG). The combined company will enable clients worldwide to trade futures, cash and over-the-counter (OTC) markets, optimize portfolios and analyze data to efficiently manage risk and capture opportunities. CME Group will retire the NEX name and brand…
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LeapRate Exclusive... LeapRate has learned that experienced FX industry marketing executive Vincenzo Roselli has joined Markets.com as the company's new Head of Business. Vincenzo Roselli is joining Markets.com, the retail FX arm of Playtech PLC (LON:PTEC), from FX and crypto affiliate group Investoo.com, where he had spent just over a year in charge of growing Investoo’s relationships with…
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Quarterly filings for the end of Q3-2018 from investment company Jefferies Financial Group Inc (NYSE:JEF) – formerly known as Leucadia – indicate that the outstanding amount owed to Jefferies by Retail FX broker FXCM Group as at September 30, 2018 stood basically unchanged from at the end of Q2, at $70.6 million. Which, basically means that during…
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NEX Markets, a NEX Group (LON:NXG) business providing electronic trading technology solutions at the centre of the FX and fixed income global markets, has announced that BrokerTec Europe Limited has worked with Eurex Clearing, one of the largest global CCPs, to launch a new clearing solution for the European repo market. The new clearing solution…
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The Queensland Supreme Court has appointed Anthony Castley of William Buck as receiver and manager over the assets of Goldsky Global Access Fund Pty Ltd, Kenneth Charles Grace and associated entities. Freezing orders were also made restraining the disposal of any property (including money and securities) by Mr Grace, Goldsky Global Access Fund Pty Ltd, Goldsky Asset…
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