NEX Group plc (LON:NXG) just announced its March market volumes. US Treasury was up 11% YoY, respectively 1% MoM to $172.0 bln. Numbers in US Repo also climbed up last month to $225.2bln up 11% from February's $202.0bln. European Repo (in EUR billions) didn't make a lot difference from February, but was up 17% YoY…
Read more
KfW expands its business relationship with Eurex Clearing AG, starting central clearing of its Euro denominated interest rate swaps via Eurex Clearing in Frankfurt. Central clearing of derivatives transactions significantly increases the safety and stability of the financial system. Central Counterparties calculate risks in real-time and demand adequate collat-eral. Moreover, they guarantee settlement of transactions.…
Read more
The Securities and Exchange Commission (SEC) announced that Kara Novaco Brockmeyer, Chief of the Enforcement Division’s Foreign Corrupt Practices Act (FCPA) Unit, is planning to leave the agency later this month. Since 2011, Ms. Brockmeyer has led a national unit of 38 attorneys, accountants, and other specialists focusing on violations of the anti-bribery and accounting…
Read more
The Canadian Securities Administrators (CSA) published for comment Proposed National Instrument 93-101 Derivatives: Business Conduct and a related proposed companion policy. The proposed instrument establishes an investor protection regime for over-the-counter (OTC) derivatives markets that is consistent with international standards and foreign requirements and is intended to create a uniform approach to derivatives business conduct…
Read more
Forex trading platform developer MetaQuotes just announced that MetaTrader 5 discovered a new market with considerable investment opportunities – Indonesia. Java Global Futures based in Jakarta has become the first broker in the country offering the multi-asset HFT platform to its traders. Java Global Futures is a member of the Indonesian Derivatives Clearing House, Indonesia…
Read more
CME Group, the world's leading and most diverse derivatives marketplace, today announced the successful launch of S&P 500 and E-mini S&P 500 Monday Weekly options on futures. The total volume through the first two trading days was 5,490 contracts with participation from 10 firms. Open interest reached 5,319 as of today, April 4th. Launched in…
Read more
Forex volume on CME Group it was announced earlier averaged 978,000 contracts per day in March 2017, up 7% from March 2016 and up 28% from February 2017. Last month Brazilian real currency contracts helped drive volume, as the Latin American country's currency has come back after being battered over the past few years. Highlights for March…
Read more
In March 2017, total trading volumes across Moscow Exchange`s markets amounted to RUB 85.3 trln. Turnover grew on the Equity and Bond Market (+55.3%), Money Market (+22.7%) and FX Market (+19.0%). Equity and Bond Market Total trading volumes on the Equity and Bond Market grew by 55.3% to RUB 3,057.0 bln (March 2016: RUB 1,968.8…
Read more
The European Securities and Markets Authority (ESMA) has added 10 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The MiFID II Q&A provide clarifications on the following topics: Best execution; Suitability; Post sale reporting; Inducements…
Read more
Supporters of digital payment schemes like to push the idea that a cash-free future is just around the corner, but fully three quarters of all Euro zone payments at the point-of-sale are still made in cash, according to the European Central Bank. The data comes from a survey conducted by the ECB to mark the…
Read more