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…
Read more
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%.…
Read more
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…
Read more
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…
Read more
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…
Read more
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…
Read more
Another leg down lies ahead for the USD, but positive momentum is likely to build afterward.
Read more
Exegy Inc., a provider of managed services and technology for low-latency financial market data, announced that it has hired Karl Dundon as a global FX Product Manager, reporting directly to chief technology officer David Taylor. In this role, Mr. Dundon is responsible for leading the ideation, technical development, and launch of new Exegy real-time data…
Read more
Six Swiss Exchange announced that trading activity has risen sharply in the year to date compared with the same period of 2016. Highlights include: Trading turnover in the year to date: CHF 1,245.1 billion (+6.3% YoY) Number of trades 47,453,956 (+8.4% YoY) All-time record annual ETF turnover achieved in 2016 already broken in November 2017…
Read more
LeapRate Exclusive… LeapRate has learned that the FCA regulated arm of China based online brokerage group Formax Group has gone live with a new website and FX-ECN brokerage service under the moniker Formax Prime, at formaxprime.co.uk. Formax's former UK website formaxmarket.co.uk now also leads directly to the new site. We had exclusively reported during the summer…
Read more