FastMatch December Forex volumes down 19% MoM to $13.8 billion ADV LeapRate

January 03, 2017 BY LeapRate Staff

FastMatch December Forex volumes down 19% MoM to $13.8 billion ADV

Forex ECN FastMatch is reporting that volumes in its system decreased by 19% MoM from November, to average $13.8 billion ADV for the month of December. We would remind LeapRate readers that November was FastMatch’s best ever month for FX trading volumes at $17.1 billion average daily volume, driven by volatility around the US election. November included FastMatch's second…

January 02, 2017 BY LeapRate Staff

Deutsche Börse cash markets turnover decreased 16% in 2016 to €1.38 trillion

German financial markets operator has announced that turnover on its Xetra, Börse Frankfurt and Tradegate exchanges totaled €1.38 trillion in 2016, down from €1.64 trillion in 2015. Of the total, €1.26 trillion was attributable to the Xetra venue, €43.9 billion to Börse Frankfurt and €71.0 billion to Tradegate Exchange. The share with the highest order book…

January 02, 2017 BY LeapRate Staff

Who made money on the US election and who lost?

Donald Trump was the clear winner of the US election, with both Hillary Clinton and the Democratic Party the clear losers. But there were others who won and lost thanks to the November 8 US election. Adinah Brown, content manager at Leverate, explains. Trump may have won the Presidency, but the true winners may have…

December 30, 2016 BY Valentina Kirilova

MMT finds Greencool’s former chairman and senior executives culpable of market misconduct

The Market Misconduct Tribunal (MMT) has found that the former chairman and chief executive officer of Greencool Technology Holdings Limited (Greencool), Mr Gu Chujun, and four former senior executives (including its former financial controller) disclosed false or misleading information inducing transactions and so engaged in market misconduct under the Securities and Futures Ordinance (SFO) following…

December 30, 2016 BY Valentina Kirilova

NEX Group Plc completes transaction and share consolidation

Further to the announcements by ICAP plc on 11 November 2015 and subsequently and the announcements by NEX on 6 December 2016 and subsequently relating to the disposal of NEX's global hybrid voice broking and information business to Tullett Prebon plc (now renamed TP ICAP plc), including NEX's associated technology and broking platforms and certain…

December 30, 2016 BY LeapRate Staff

TP ICAP completes acquisition of NEX's global hybrid voice broking and information business

Tullett Prebon plc just announced that it has changed its name from Tullett Prebon plc to TP ICAP plc and will commence trading under the new Tradable Instrument Display Mnemonic “TCAP” tomorrow. The Company's website will be changed to www.tpicap.com on 30 December 2016. All other details remain unchanged. TP ICAP plc also noted that has…

December 30, 2016 BY Valentina Kirilova

Volatility ETF lists debute on Taiwan Stock Exchange

The first-ever ETF tracking a U.S. volatility futures index debuted on the Taiwan Stock Exchange (TWSE) today. The listing of the ‘Fubon S&P 500 VIX Short-Term Futures ETF’ (stock code: 00677U), issued by Fubon Securities Investment Trust Co. Ltd., will also add further diversity to Taiwan’s fast-expanding ETF market. The new ETF tracks the S&P…

December 29, 2016 BY Valentina Kirilova

EEX Group announces newest participant Edlo Energy S.p.A.

EEX has just announced its newest participant Edlo Energy S.p.A.. Edlo Energy S.p.A. has been admitted to exchange trading for Phelix Futures and Options, Belgian Financial Power Futures, Dutch Financial Power Futures, French Financial Power Futures and Options, Greek Financial Power Futures, Italian Financial Power Futures and Options, Nordic Financial Power Futures and Options, Romanian…

Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members

December 29, 2016 BY Valentina Kirilova

Strong year for new listings at Nasdaq’s Nordic Markets

Nasdaq (Nasdaq: NDAQ) welcomed 94 new listings to its Nordic markets in 2016, including both large cap IPOs and a particularly strong inflow of small and medium sized companies (SMEs). The activity level is similar to what Nasdaq experienced during the record year of 2015. Adam Kostyál, senior vice president and head of European listings,…