Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listing services, today announced that ICE Brent Crude futures achieved a daily volume record of 1,963,147 contracts on November 30, 2016. The catalyst for the big jump in volume and rise in oil prices yesterday was due in…
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CFD broker Plus500 Ltd (LON:PLUS) issued a statement on Thursday, after its shares fell by nearly 18% during the day's trading session on the London Stock Exchange. LeapRate spoke with several London City traders, who indicated that speculation was that Plus500 and other retail forex brokers with Cyprus ties could be hurt by Cypriot regulator…
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The possibility of providing redemption gates, which is currently offered to funds of alternative funds, professional investment funds and real-estate collective investment undertakings, has been extended by a provision of the “Sapin II” bill. It is now up to the Autorité des marchés financiers (AMF) to determine the cases and conditions under which asset management…
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The European Securities and Markets Authority (ESMA) has today launched its new database, the European Ratings Platform (ERP), to provide access to free, up-to-date information on credit ratings and rating outlooks on its website. The ERP is an important element of ESMA’s work, following the financial crisis, to increase transparency around credit ratings and help…
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Bats Global Markets, Inc.(Bats: BATS) has just welcomed PowerShares as a new issuer to the Bats ETF Marketplace with the launch of two factor-based funds. The PowerShares S&P International Developed High Dividend Low Volatility Portfolio (Bats: IDHD) seeks investment results that generally correspond to the price and yield of the S&P EPAC Ex-Korea Low Volatility…
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Hamburg-based FinTech firm Naga Group AG and Deutsche Börse Group are to launch the first global exchange for virtual gaming products. The two companies have set up the joint venture firm Switex GmbH which will launch the world’s first neutral, secure and reliable platform for the exchange and trade of in-game items. The management team…
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Deutsche Börse has just announced its Cash Market, Pre-IPO & Growth Financing report for the previous month. Here are some of the highlights: Trading day following US election among the busiest of 2016 Reck: “Protection mechanisms provide security for all market participants” Cash market posts turnover of €124.7 billion in November The day following the…
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Fiserv, Inc. (NASDAQ: FISV), a global provider of financial services technology solutions, has announced that a software solution developed during the third annual Fiserv Costa Rica ProgramATHON will aid the development of thousands of small- and medium-sized (SME) businesses in the country and throughout Latin America. More than 200 young software developers have taken part…
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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 Rhodium Forex / WR Trade. Rhodium Forex / WR Trade is not authorised by the FCA but has been targeting people in the UK and is…
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TMX Insights (TMX Group: TSE:X) has just announced a strategic alliance with Velocity Trade, a global provider of Equity and Foreign Exchange (FX) trading services. Velocity Trade will provide TMX Insights with FX data, and TMX Insights will deliver TMX Analytics tools that provide in-depth market FX and Equity data analytics to Velocity Trade's international…
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