Cyprus financial regulator CySEC has issued a notice to all CIF licensed brokers in the EU island country, regarding the targeting of Spain based retail traders. Spain's CNMV is one of the few major EU regulators which has not 'come down hard' on the online trading sector by issuing tighter leverage restrictions, or bans on…
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Cboe Global Markets, Inc. (NASDAQ: CBOE) has welcomed a new Exponential ETFs fund to the Cboe ETF Marketplace. The Reverse Cap Weighted U.S. Large Cap ETF (Cboe: RVRS) seeks to track the performance, before fees and expenses, of the Reverse Cap Weighted U.S. Large Cap Index (“Index”). The Index is a rules-based, reverse capitalization weighted…
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Initial price: €28.00 / Metal recycler lists in the Prime Standard Befesa S.A. (ISIN: LU1704650164) was listed in the Prime Standard of the Frankfurt Stock Exchange today. The IPO admitted around 34 million shares to trading. The initial listing price was €28.00; the issue price was €28.00. Citigroup, Goldman Sachs International, J.P. Morgan, Berenberg, Commerzbank,…
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The international derivatives marketplace Eurex, part of Deutsche Börse Group, informed that it enhances its market structure to address industry trends and further meet its member’s needs. In Q4, Europe’s largest derivatives exchange will launch an electronic price discovery platform that allows bank’s broker desks and inter dealer brokers to contact market makers with request…
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The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) announced that they have agreed to strengthen supervisory cooperation and facilitate the development of their capital markets, during the 2nd MAS-CSRC Supervisory Roundtable held in Singapore on 31 October 2017. The Roundtable is one of the key outcomes of President Xi Jinping’s…
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In its worst trading day in nearly a decade, shares of online gaming and financial trading systems provider Playtech PLC (LON:PTEC) traded down by more than 22% on Thursday after reporting a surprisingly negative Trading Update for the second half of 2017 earlier in the day. Playtech shares closed Thursday at £7.68, down 22.2% from Wednesday's…
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Interdealer broker TP ICAP (LON:TCAP) has issued a trading update in relation to the period from 1 July to 30 September 2017. Revenue in the third quarter to September 2017 of £420m was 3% higher than the £406m pro forma revenue for the same period last year and 2% higher at constant exchange rates. Year…
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Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today reported that October 2017 average daily volume (ADV) reached 14.9 million contracts, up 14 percent compared with October 2016, but a drop of 12% compared to previous month. CME Group October 2017 options volume averaged 3.6 million contracts per day, up 44 percent versus October 2016, with…
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The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against the Morgan Stanley and Co. Incorporated unit of Morgan Stanley (NYSE:MS), a registered Futures Commission Merchant (FCM), for non-compliance with applicable rules governing Part 17 Large Trader reports to the CFTC spanning a ten-year period and affecting thousands…
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Forex ECN FastMatch has announced that it has opened a sales office in Greenwich, CT. The company stated that high-quality level of service is one of the differentiating features contributing to FastMatch’s growth and success. In order to maintain this level of service, it is important for FastMatch to be located near its major customers.…
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