January 09, 2017 BY Valentina Kirilova

FCA warns on clone firm of Firecrest Limited

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Firecrest Limited. 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…

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January 09, 2017 BY LeapRate Staff

France Forex ad ban won’t apply to stop loss CFDs

LeapRate has learned that the ban on advertising leveraged trading products in France such as spot Forex, CFDs and binary options will not apply to most CFDs – but only if those CFDs are being offered to retail clients in a certain way. The end of 2016 saw a variety of moves by some of…

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January 09, 2017 BY Valentina Kirilova

DTCC selects IBM, Axoni and R3 to develop its distributed ledger solution for derivatives processing

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, just announced that it has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work collaboratively to re-platform DTCC’s…

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sfc warning
January 09, 2017 BY Valentina Kirilova

Hong Kong SFC adds Fujitsu Global to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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January 09, 2017 BY Valentina Kirilova

HKEX announces new record highs in 2016 Market Statistics

Just a few days after Hong Kong Exchanges and Clearing Limited (HKEX) announced that USD/CNH futures volume rose to all-time high, the exchange published a set of market statistics for the full year of 2016. The year saw an outstanding performance in Hong Kong’s derivatives market with a number of new records set. Total turnover…

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Frankfurt Stock Exchange
January 09, 2017 BY Valentina Kirilova

Börse Frankfurt expands certificate trading market share in 2016

More than 2.1 million customer orders in structured products were traded via Börse Frankfurt in 2016, amounting to a turnover of €14.8 billion. Activity thus remained comparatively high, even though it was 10% less YoY. Responsibility for trade in the roughly 1.3 million investment and leverage lies with Börse Frankfurt Zertifikate AG, a wholly-owned subsidiary…

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January 09, 2017 BY Valentina Kirilova

CBOE’s data subscription service migrating to CBOE Livevol Data Shop

Chicago Board Options Exchange CBOE Holdings, Inc. (NASDAQ: CBOE) announced that its historical market data service formerly operated by Market Data Express (MDX) will migrate to CBOE Livevol Data Shop. The consolidation of historical data services under the CBOE Livevol Data Shop umbrella will enhance the historical market data offerings currently available, and also broaden…

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January 09, 2017 BY Valentina Kirilova

Deutsche Börse cooperates with Fudan University

Deutsche Börse AG and the School of Management of Fudan University (FDSM) have signed a Memorandum of Understanding (MoU) to establish an extended relationship and co-operate in the area of financial education. The common objective is to improve the understanding and knowledge of Chinese and European financial markets. The partners will jointly design and offer…

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