On 26 January 2017, Moscow Exchange will launch trading in weekly options on the RTS Index. The new instrument will complement MOEX`s monthly and quarterly options offering. The contracts will become available for trading two weeks prior to their expiration. They will expire every Thursday starting on 9 February 2017. A weekly option series will…
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Thomson Reuters (NYSE: TRI) has completed its acquisition of REDI Holdings, allowing Thomson Reuters to incorporate an advanced, cross-asset execution management system (EMS) into its buy-side trading capabilities and deliver integrated trading workflow solutions to the buy-side community. Thomson Reuters first announced the deal back in September 2016. REDI will now operate as Thomson Reuters…
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Mr Dharam Prakash Gopee has appeared today at Westminster Magistrates Court charged with offences under the Consumer Credit Act 1974 and the Financial Services and Markets Act 2000. These charges arise from an investigation carried out by the Financial Conduct Authority (FCA) into Mr Gopee and companies he controls including Reddy Corporation Ltd, Speedy Bridging…
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The Cyprus Securities and Exchange Commission (CySEC) just informed that the domains www.aaafx.com, www.zulutrade.com, www.admiralmarkets.com and www.yesfx.com.cy were inadvertently included in the Annex of the announcement issued by CySEC on 13th December 2016. CySEC urges investors to be duly cautious and to consult its website, to confirm the list of approved and not approved by CySEC domains…
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With the upcoming fourth and penultimate migration wave of TARGET2-Securities (T2S), Europe is taking a crucial step towards a harmonised settlement landscape. Clearstream, the largest T2S participant, will go live in February 2017, bringing about 40% of the overall volume to the European Central Bank’s settlement platform. This will lead to a doubling of current…
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The following is based on research by Martin O'Rourke, Managing Editor of TradingFloor.com / Saxo Bank. More of Martin's research can be seen at Saxo Bank’s TradingFloor.com. Prime minister Theresa May delivering key speech on Brexit May outlines 12 objectives to Brexit delivery Control of immigration and UK laws underpin address GBPUSD more than 100 pips to…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Loaningo. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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Bats Global Markets, Inc. (Bats: BATS) just reported 2016 highlights, including the April initial public offering, the September CBOE transaction announcement and continued strength across all of its markets, led by record full-year U.S. Options market share and U.S. ETF listings growth. IPO: In April, Bats completed its IPO on Bats Exchange of 15,295,000 shares…
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GMO Click Holdings, Inc. (TYO:7177), the parent of Japanese online trading giant GMO Click Securities, has released its monthly preliminary report of consolidated operating revenue for December 2016. Operating Revenue in December 2016 was ¥1,962 million, or 22.3% less than the ¥2,525 million same month in 2015. Q3 2016 was total ¥6,771 million, basically the…
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Digital currencies are set to spread and grow even more in 2017. How might that happen?
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