October 05, 2016 BY Valentina Kirilova

Monex Group OTC FX volumes increase 8.70% in September

Japanese forex broker Monex Group, Inc. (TYO:8698) has just published its key operating metrics for September 2016 and its Global daily average revenue trades (DARTs) increased 8.69% from August levels and the whole summer slowdown, coming in at 251,188. DARTs for Monex’s TradeStation Group were slightly up to 61,815. The number of OTC FX accounts was also up last…

Read more
October 05, 2016 BY Valentina Kirilova

Turnover at Deutsche Börse’s cash markets at 109.1 billion euros in September

Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at €109.1 billion in September (September 2015: €142.3 billion). Of the €109.1 billion, €100.8 billion were attributable to Xetra (September 2015: €133.9 billion). The average daily turnover on Xetra stood at €4.6 billion in September (September 2015: €6.1 billion). A…

Read more
October 05, 2016 BY Valentina Kirilova

ASIC remakes and repeals 'sunsetting' class orders on markets and securities

ASIC has remade ten legislative instruments and repealed three that are due to expire ('sunset') in 2016 and 2017, following public consultation. ASIC has remade these instruments before they sunset. The new instruments will continue the substantive effects of the previous instruments with some minor amendments, which include simplifying the drafting to give greater clarity.…

Read more
October 05, 2016 BY Mike Fox

MOEX September Forex turnover rises 8.2% MoM to RUB 27.6 trln

Moscow Exchange announced trading volumes for September 2016. Total trading volumes overall for the Russian based exchange increased by 5.7% YoY to RUB 74.6 trln. FX Market FX Market turnover was RUB 27.6 trln (September 2015: RUB 34.6 trln, August 2016: RUB 25.5 trln), including spot trades totalling RUB 8.2 trln as well as swap…

Read more
October 04, 2016 BY Valentina Kirilova

ESMA reports on shadow banking, leverage and pro-cyclicality

The European Securities and Markets Authority (ESMA) has issued today a report on securities financing transactions (SFTs), leverage and pro-cyclicality in the EU’s financial markets. ESMA’s report assesses whether the use of SFTs leads to the build-up of leverage which is not yet addressed by existing regulation, how to tackle such build-up, and whether there…

Read more
October 04, 2016 BY Valentina Kirilova

TSX Company Services announces agreement with Ipreo

TSX Company Services has announced an agreement with Ipreo, a global provider of financial services technology, data and analytics. TSX Company Services has teamed up with Ipreo to offer Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) issuers the in-depth analysis and dynamic functionality they need to build and execute their IR strategies, including Ipreo's…

Read more
October 04, 2016 BY Valentina Kirilova

Moscow Exchange increases capital of central counterparty

Moscow Exchange has increased the dedicated capital of NCC Clearing Bank, its central counterparty (CCP), to RUB 9.5 billion (from RUB 6.5 billion) to add an extra layer of security for participants in on-exchange trading. Dedicated capital ("skin in the game") is the portion of the CCP's capital resources that can be used to cover…

Read more
October 04, 2016 BY Valentina Kirilova

FCA warns on AIB Asset Management firm

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 AIB Asset Management. AIB Asset Management is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

Read more