The normally slow late summer FX trading weeks seem to have been anything but, at least for some eFX providers. CySEC and FCA regulated broker Exness has reported that forex volumes in its system came in at $274.8 billion in August, 11% above July's $248.4 billion making the month one of Exness' best ever. In fact, August…
Read more
Moscow Exchange has revised the constituent lists of the Moscow Exchange Indices as well as free floats effective from September 22, 2017. PJSC "RussNeft and DR of Lenta will be added to the MICEX Index and the RTS Index, while PJSC Uralkali ords and PJSC Bashneft prefs will be removed. The constituent lists of the…
Read more
The Hong Kong Securities and Futures Commission (SFC) today obtained disqualification orders in the Court of First Instance against the former chairman, Mr Li Hejun, and four current independent non-executive directors, Ms Zhao Lan, Mr Wang Tongbo, Mr Xu Zheng and Mr Wang Wenjing, of Hanergy Thin Film Power Group Limited (Hanergy). Li was disqualified…
Read more
Trading activity on SIX Swiss Exchange has continued to increase over the year. The year-to-date figures for July were significantly higher than the previous year and the trend was even more pronounced in August. The highlights include: Trading turnover of CHF 919.2 billion (+7.1% YoY) since the start of the year Total trades in the…
Read more
Euronext, the pan-European exchange in the Eurozone, announced today the opening of new offices in five European cities outside its core markets – in Germany (Frankfurt, Munich), Italy (Milan), Spain (Madrid) and Switzerland (Zurich) – to assist Tech companies in developing their business on a greater scale through capital markets. The countries were selected for…
Read more
Cyprus financial regulator Cyprus Securities and Exchange Commission (CySEC) just notified the changes introduced in relation to Passporting Issues and the provision of investment services and activities by third country firms under MiFID II. LeapRate already posted an article on the changes MiFID II will bring to those who passport financial licenses. The complete text…
Read more
The clock is ticking: Only four more months until the biggest market reform of the last decade kicks off. The Markets in Financial Instruments Directive (short: MiFID) II will fundamentally re-design Europe’s derivatives markets and provides strategic opportunities for Eurex, one of the leading derivatives exchanges and part of Group Deutsche Börse. Eurex is about…
Read more
Abu Dhabi based global international financial services firm ADS Securities has just announced the introduction of bitcoin CFD trading for MENA clients using its MT4 platform. Jason Hughes, Global Head of Retail Sales is confident that this is the right time for ADS Securities to introduce cryptocurrency trading: We will be the first brokerage in…
Read more
The following article was written by Jens Chrzanowski, Member of the Management Board of Admiral Markets Group AS. Hello, A new week begins, but it never really ends for cryptocurrency traders who can trade 24/7. Today, we’ll be looking into the hot rally of Bitcoin and Ether. Have a look at the two charts below. What…
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 Standard Fidelity. Standard Fidelity is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
Read more