In addition to last Friday's news when Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that CFE had filed a product certification with the Commodity Futures Trading Commission (CFTC) to offer bitcoin futures trading, the company today informed that Cboe Futures Exchange (CFE) plans to offer trading in bitcoin futures beginning at 5:00 p.m. CT on…
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The Securities and Exchange Commission (SEC) announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold profit in less than a month. The SEC filed charges against a recidivist Quebec securities law…
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Update for Deutsche Börse's T7 trading system / Regulatory requirements implemented As of today, Xetra trading announced that it is ready to meet the requirements of MiFID II, the European Markets in Financial Instruments Directive, which goes into effect at the beginning of 2018. Deutsche Börse's underlying T7 trading system was therefore updated to Release…
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Derivatives marketplace CME Group (NASDAQ:CME) today announced that November 2017 average daily volume (ADV) reached 18 million contracts, down 14 percent from the record November 2016 average daily volume, but up 21 percent compared with October 2017 and representing the second highest monthly average daily volume to date in 2017. CME Group November 2017 options…
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NEX Group plc (LON:NXG), a financial technology company at the centre of global markets, announces markets volumes for the month of November 2017. Spot FX results have made quite a plunge with 23% YoY, but the numbers look steady looking at the MoM change. US Treasury's numbers are also down to 156.7 YoY with 27%.…
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Securities Commission Malaysia (SC) announced that it has today reprimanded and fined five directors of TRIVE Property Group Bhd (Trive) for knowingly furnishing false or misleading statements in the 2014 audited financial statements of the company to SC and Bursa Malaysia. SC’s sanctions arose as a result of its findings that Trive had failed to…
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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 firm Pension Services. Pension Services 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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The following article was written by Adinah Brown, content manager at Leverate. In the 1970s and 80s, Eurobonds was the focus of discussion for wily investors jumping on the latest financial bandwagon. Today, it’s cryptocurrencies. Any investor worth their salt cannot failed to pick up on the buzz surrounding this new technology and the rush to…
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The Cyprus Securities and Exchange Commission (CySEC) announced that it has imposed a series of fines totaling €595,000 on Bank of Cyprus Public Company (the “Company”) and ten of its former directors - including its former Chief Financial Officer (together, the “directors”) - for individual and collective failings to make adequate provision for doubtful debts…
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Another leg down lies ahead for the USD, but positive momentum is likely to build afterward.
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