Monex Group Inc. (TYO:8698) today reported the following monthly business metrics of its subsidiaries in January 2017. The number of total accounts was slightly up with not more than 1% MoM to 1,684,158. The number of Daily Average Revenue Trades (DARTs - the number of trades and transactions per day which generate revenue) was 273,641…
Read more
Bitcoin prices powered back above USD $1,000 on Friday, driven mainly by speculation and market uncertainty in the first few weeks of the Trump Presidency. As of the time of writing at 08:30 GMT, Bitcoin was changing hands at about $1,017. Will Bitcoin $1,000 hold this time? Bitcoin price 2013-2017. Source: Bitstamp. The $1,000 level…
Read more
CBOE Holdings, Inc. (NASDAQ: CBOE) announced new all-time highs in its 2016 volume report. The company's January monthly trading volumes do not look that good though. Lower numbers can be seen in Total ADV YoY and also in Total Contracts - 97,810.7 for Total Contracts, which is exactly minus 5% YoY. Total ADV drops down with 10% YoY…
Read more
The Securities and Exchange Commission (SEC) charged a Connecticut-based investment advisory business and its owner with stealing money from investors to settle a private lawsuit among other misuses. The SEC alleges that Sentinel Growth Fund Management and its founder Mark J. Varacchi misrepresented to investors that money they deposited with the firm would be allocated…
Read more
Along with the trading volumes, Moscow Exchange released its equity and bond indices numbers for the beginning of the year 2017. In January, MOEX’s Indices reflected the negative trend by the MICEX Index on the Russian stock market. The MICEX Index was down 0.69% to 2,217.39 (from 2,232.72 on 30 December), while the dollar-denominated RTS…
Read more
The Autorité des Marchés Financiers (AMF) is clarifying its expectations in a new guide (DOC-2017-04) written for listed companies. The guide is aimed at issuers whose shares are admitted to trading on Euronext Paris or a multilateral trading facility (MTF) such as Alternext Paris or Marché Libre. The AMF guide replaces the AMF’s position (DOC-2009-17)…
Read more
LeapRate Exclusive... LeapRate has learned from regulatory filings that binary options brokerage group EZTD Inc (OTCMKTS:EZTD) has added Zviel Gedalihou as its new CFO. The appointment was effective as of January 30, 2017. EZTD operates binary options brands EZTrader (at website eztrader.com), Global Option (globaloption.com) and EZinvest (ezinvest.com). Mr. Gedalihou replaces Itai Loewenstein, whom we reported…
Read more
The European Securities and Markets Authority (ESMA) has issued today an update of its Q&A on practical questions regarding the European Markets Infrastructure Regulation (EMIR). The updated Q&A includes a new answer in relation to transition to the revised technical standards on reporting, which will become applicable on 1 November 2017. The Q&A clarifies that…
Read more
Irish Funds just announced that it is working with industry participants and Deloitte to develop a blockchain proof of concept for regulatory reporting. The project, which will focus on the Resident Investment Fund Returns (Money Market & Investment Funds Returns Reporting- MMIF) regulation, will result in the design and development of a proof of concept…
Read more
Moscow Exchange (MOEX) just announced its trading volumes for the beginning of 2017. In January, total trading volumes increased by 4.0% YoY to RUB 63.3 trln. Trading in bonds rose by 91.1% YoY, equities volumes increased by 9.0% YoY and volumes on the Money Market grew by 42.2% YoY. Open interest in derivatives increased by…
Read more