CME Group expands FX offering with launch of FX monthly futures contracts LeapRate

January 05, 2017 BY Valentina Kirilova

CME Group expands FX offering with launch of FX monthly futures contracts

The derivatives marketplace operator CME Group just announced the expansion of the foreign exchange (FX) offering with six FX monthly futures contracts. These new contracts provide FX market participants with access to the front months of the FX forward curve with the capital and operational benefits of trading listed futures. FX monthly futures are scheduled…

January 05, 2017 BY Valentina Kirilova

SFC bans a former employee of Citibank (Hong Kong) Limited

The Securities and Futures Commission (SFC) has banned Mr Cheung Kwan Po, a former employee of Citibank (Hong Kong) Limited, from re-entering the industry for six months from 5 January 2017 to 4 July 2017. The SFC found that in August 2015, Cheung, when processing a client’s bond application, photocopied the client’s signature from her…

January 05, 2017 BY Valentina Kirilova

HKEX to cancel listing of Trony Solar Holdings Company Limited shares

The Stock Exchange of Hong Kong Limited is minded to exercise its power to cancel the listing of the shares of Trony Solar Holdings Company Limited under the Listing Rules. In this regard, the Exchange requires that the Company must have remedied those matters which have rendered it unsuitable for listing by 4 July 2017.…

January 05, 2017 BY Valentina Kirilova

CBOE announces new all-time highs in 2016 volume report

CBOE Holdings, Inc. (NASDAQ: CBOE) just reported December and full-year 2016 trading volume and average revenue per contract (RPC) data. Several trading records were set for the year. Total volume and average daily volume (ADV) in index options trading at CBOE reached new all-time highs for the fourth consecutive year in 2016 with 430.7 million…

January 05, 2017 BY Valentina Kirilova

TFX announces a slight drop in December but good annual results

The Tokyo Financial Exchange (TFX) announced December and annual 2016 volume. Although the total trading volume results for the last month of 2016 were not so good, down 24.1% compared to November, the annual results seem to be quite alright with 25.3% YoY rise in trading volume of Three-month Euroyen futures. Here are some of December's highlights:…

January 05, 2017 BY LeapRate Staff

The History of Binary Options Trading - Infographic

This article is written by Usman Ahmed at Investoo Group, which provides expert products for the financial trading industry. Binary options trading is becoming increasingly famous worldwide after the advent of binary options exchanges such as Nadex and Daweda Exchange. In binary trading you can bet on financial assets and make some quick profits. The…

January 05, 2017 BY Valentina Kirilova

AirFinance Pro Ltd renounces authorisation

The Cypress Securities and Exchange Commission (CySEC) has announced that AirFinance Ltd, a company under CySEC supervision that provides investment services through the websites www.ytftradeltd.com, www.investing-area.com, www.buzztrade.com, www.binaryroyal.com and www.cfdroyal.com has decided to renounce its authorisation. The authorization of AirFinance Pro Ltd was suspended on 17 June 2016, and the company has informed on 9…

January 05, 2017 BY admin

Wedbush appoints Arthur Bass as MD for Fixed Income Financing, Futures, and Rates

Wedbush Securities today announced the appointment of Arthur Bass as Managing Director, Fixed Income Financing, Futures, and Rates. In this role Arthur will focus on the further development of the Futures and Options, and fixed income businesses. Arthur is based in New York, NY and reports to Managing Director, Fixed Income Financing, Futures, and Rates,…

January 05, 2017 BY admin

US Retail Forex broker assets slightly increase to $523 million in November

The latest CFTC data from US retail forex brokers is out for November from reports filed by December 26th. The data is showing a slight rise in assets held by US retail forex traders back to $523 million, a 0.65% rise from October's $520 million (see chart above). Continuing to lead the way was FXCM…

January 04, 2017 BY admin

Federal Reserve bans former Barclays forex trader from banking industry for manipulation

The Federal Reserve Board on Wednesday announced it is permanently prohibiting Jason Katz, a former foreign exchange (FX) trader at Barclays PLC and later at BNP Paribas SA, from participating in the banking industry, because of his actions to manipulate FX prices. Through the use of electronic chat rooms, Katz coordinated his trading with competitors,…