Moscow Exchange has just announced its monthly market report for December 2016. The trading volume of stocks totalled RUB 983 bln in December. The average daily trading volume was RUB 44.7 bln, up 4.7% MoM. The T+2 sector made up 98% of the total secondary market trading volume and the T0 sector accounted for 2%.…
Read more
This article is written by Richard Perona, VP of Institutional FX at Advanced Markets. In 2016, we have seen some incredible market dislocation due to various global events (BREXIT, US Elections, OPEC, GBP Flash Crash, FOMC to name a few). Having experienced my fair share of these moves, I find myself in a unique position to…
Read more
Two very important speeches on the horizon today which are likely to affect FX markets, and in particular the GBP. British PM Theresa May will speak outlining the official UK government position on Brexit. And China's Xi Jinping will become the first Chinese leader ever to address the annual Davos World Economic Forum, ironically as an…
Read more
Forex ECN FastMatch has just announced that Trent Beacroft has joined the company as Managing Director of Sales in Singapore effective February 1st, 2017. Beacroft will be leading sales of FastMatch products to hedge funds, banks, brokers and asset managers in Asia. For the last 8 years Trent Beacroft has been Head of Asia Pacific for…
Read more
The European Securities and Markets Authority (ESMA) has issued today an Opinion regarding the scope of the product intervention powers under the Markets in Financial Instruments Regulation (MiFIR). These powers can be exercised by both national competent authorities (NCAs) and ESMA from 3 January 2018. Currently, the powers will only apply to MiFID investment firms…
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 Peyton Private Bank. Peyton Private Bank is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
Read more
PEGAS, the pan-European gas trading platform operated by Powernext, recorded its best annual traded volume with a total of 1,733.3 TWh traded in 2016. This represents an increase of 69% compared to 2015 (1,024.8 TWh). This development was achieved across all PEGAS market segments. Dr. Egbert Laege , CEO of Powernext, commented: The year 2016…
Read more
GIFT (Gujarat International Finance Tec-City), India’s first International Financial Services Centre officially commenced trading today, Monday 16 January 2017. After years of conceptualization and development, the exchange is now off and running. Trading will be done in equity, currency and interest rate derivative markets. The first trade which took place was between Globe IFSC and Edelweiss…
Read more
A couple news items surrounding Danish based platform, data and charting provider NetDania were just recently announced. Firstly, today the company announced upgrades to its mobile iOS platforms for iPhone for iPad. Secondly, the NetDania platform now supports retail forex brokerage STO, you can read about the details below. New features for iOS A mathematical…
Read more
Moscow Exchange (MOEX) reported that at approximately 14:30 MSK on 16 January 2017, the Exchange's IT team observed inaccurate operation of software used to produce order tables for one of the repo trading modes. The malfunction could potentially result in errors in accepting orders from trading participants in other trading modes of the Equity &…
Read more