CME Group’s Henry Hub Natural Gas futures open interest reaches record 1.62 million contracts LeapRate

September 05, 2018 BY Valentina Kirilova

CME Group's Henry Hub Natural Gas futures open interest reaches record 1.62 million contracts

Derivatives marketplace CME Group has just announced that Henry Hub Natural Gas futures open interest reached a record 1,617,589 contracts on Friday, August 31, surpassing the previous record of 1,606,874 contracts set on August 17, 2018. Open interest represents the total number of outstanding positions held by all participants in a given market. Nine of…

September 05, 2018 BY Valentina Kirilova

FCA warns against Benford Heritage Credit Union Limited clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Benford Heritage Credit Union Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…

September 05, 2018 BY Valentina Kirilova

MOEX releases steady volumes in August

Moscow Exchange (MOEX) has just released its market report for the month of August 2018. Total trading volume across Moscow Exchange’s markets was RUB 79.5 trln last month. Turnover grew on the Derivatives Market (+15.1%), Equity Market (+10.9%), Bond Market (+8.9%) and FX Market (+3.1%). Equity and Bond Market Total trading volumes on the Equity…

INTL FCStone’s Carsten Hils discusses the impact the current crisis has on FX markets

September 05, 2018 BY Valentina Kirilova

Kowala launches Andromeda, the alpha mainnet of its USD-pegged stablecoin

Kowala, a stablecoin protocol designed to track the value of fiat currencies by robotically minting and burning its coin supply in accordance to user demand, has announced the launch of Andromeda, the alpha version of their blockchain mainnet. Following stress testing and debugging of Andromeda, Kowala anticipates the release of its beta mainnet version, Boötes,…

September 05, 2018 BY LeapRate Staff

Exness FX volumes cool 3% in August 2018 to $332 billion

Following a record first half of the year which saw more than $2 trillion of client trading volumes booked, FCA and CySEC licensed Retail FX broker Exness has reported a fairly strong summer of FX trading volumes, with August's $331.9 billion on the heels of July's $343.5 billion. Although down from record volumes of $395 billion set in May 2018,…

September 05, 2018 BY Valentina Kirilova

Amana Capital launches AmanaPro institutional solution

Global online brokerage firm Amana Capital has announced today the rollout of its new service, AmanaPRO. The company’s product portfolio is expanding into the institutional space as the firm capitalises on its technology and customer service to deliver its brand new product to the market. AmanaPRO is offering both MetaTrader 4 and MetaTrader 5 alongside a…

September 05, 2018 BY LeapRate Staff

FXSpotStream sets FX volumes record in August 2018 at $652 billion

Multibank FX aggregation service FXSpotStream has reported figures indicating that August 2018 volumes were up slightly from July on an average daily volume basis, and due to having more trading days in August surpassed the company's previous best-ever month in terms of total trading volumes. Overall, FXSpotStream supported $652.4 billions of volumes in August, versus…

September 05, 2018 BY Mariela Naydenova

Bailing out with Bitcoin

Defendants can now bail out with Bitcoin. The Federal Court in California is now accepting the "people's currency" for releasing defendants. According to press releases, Bitcoin has never been used for bail outs until now. This is considered a major "breakthrough" as cryptocurrency payments were never used for getting someone out of jail. The defendant…

STOXX Low Carbon products licensed to Italian bank IMI

September 04, 2018 BY Valentina Kirilova

iSTOXX Europe ESG Climate Awareness Select 50 Index licensed to Morgan Stanley

STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, has just announced that it has licensed the iSTOXX Europe ESG Climate Awareness Select 50 Index to Morgan Stanley for the issuance of structured products. The new index combines sustainability criteria with a high dividend…

September 04, 2018 BY Valentina Kirilova

SIX increases its stake in SECB GmbH to 100%

SIX Swiss Exchange has held a 25% stake in SECB (Swiss Euro Clearing Bank GmbH) since 1999. The other shareholders are the Swiss banks UBS, Credit Suisse and PostFinance, each with a 25% holding. SIX, in its capacity as the core infrastructure service provider of the Swiss financial center, is SECB’s largest client. The purpose…