Euronext announces October volumes, ADV on equity index derivatives drops 3.7% MoM LeapRate

November 04, 2016 BY Valentina Kirilova

Euronext announces October volumes, ADV on equity index derivatives drops 3.7% MoM

Euronext, the pan-European exchange in the Eurozone, has announced its trading volumes for October 2016. Here are some of the highlights: The average daily transaction value on the Euronext cash order book for October 2016 stood at €6,328 million, down -18.2% compared to October 2015 but up 9.5% compared to Q3 average daily volume. Activity…

November 04, 2016 BY Valentina Kirilova

The AMF warns against communication from BLUE STONE LTD and companies related to it

The Autorité des marchés financiers (AMF) has warned French investors against marketing material issued by BLUE STONE LTD via several web sites proposing offers to invest in diamonds. BLUE STONE LTD, whose head office is located at 3rd Floor, 120 Baker Street, London, England, W1U 6TU, proposes offers to investors residing in France to invest in…

November 04, 2016 BY Valentina Kirilova

Oil prices on course for their sixth straight day of falls

Oil prices were set for sixth straight day of declines this Friday, dragged lower by a surge in U.S. crude inventories, timid demand and doubts over the ability of producers to coordinate output cuts. Brent crude futures were at $46.21 per barrel at 0740 GMT, meaning they were down with 14 cents from their last close.…

November 04, 2016 BY Valentina Kirilova

GMO Click reports a drop of 46.8% OTC FX Trading Value MoM

GMO Click Holdings Inc (TYO:7177) has released its monthly preliminary report of its subsidiaries for October 2016. October's total ADV was ¥73,586 million - quite a drop from September's ¥83,077 million. This is a 11.4% dive. OTC FX Trading Value has also made an extreme plunge with a 46.8% MoM. To see the complete report,…

November 04, 2016 BY Valentina Kirilova

Minister announces more funding for New Zealand's financial markets authority work

The FMA has acknowledged the announcement by Commerce and Consumer Affairs Minister Paul Goldsmith of government approval to increase FMA funding. The Government has approved an increase in funding of $9.8 million. While the Crown and levy payers will continue to share the costs of funding the FMA, this increase has been made possible by…

November 04, 2016 BY Valentina Kirilova

Hong Kong SFC adds Horizon Holdings Ltd 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…

November 04, 2016 BY LeapRate Staff

Gain Capital moves COO Jeff Scott to head its money transfer business ForeignExchange.com

Fresh off a very negative Q3 financial report, retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) is shaking up its management ranks. Gain Capital has indicated in regulatory filings that COO Jeff Scott will be leaving his current position with the firm, in favor of heading the company's not-yet-operating international money transfer business, Gain Capital Payments Ltd.…

November 04, 2016 BY Valentina Kirilova

ESMA prepares for MIFID II systematic internaliser regime

The European Securities and Markets Authority (ESMA) has published an updated questions and answers (Q&A) document on the application of MiFID II/ MiFIR which clarifies when ESMA will publish the first set of data needed to implement the Systematic Internaliser (SI) regime and the date by when firms must comply with the SI regime for…

November 04, 2016 BY Valentina Kirilova

TMX Group Limited increases dividend to $0.45 per common share

Shortly after marking the first trading day for four letter stock symbols on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV), the Board of Directors of TMX Group Limited (TSX: X) has declared a dividend of $0.45 on each common share outstanding, a 12.5% increase from the previous $0.40 per common share. This dividend…

November 04, 2016 BY Valentina Kirilova

Monex Group announces a 5.7% MoM drop in Daily Average Revenue Trades

Japanese forex broker Monex Group, Inc. (TYO:8698) has just published its monthly business metrics of its subsidiaries in October 2016. The number of Global Daily Average Revenue Trades has dropped last month with 5.7% from 251,188 to 236,895 MoM. The number of total accounts has remained almost the same MoM, with a slightly inappreciable rise…