Markets operator and provider of post trade risk mitigation and information services ICAP plc (LON:IAP) has just published its electronic markets metrics for June 2016 and showed significant 10% rise in YoY US Treasury volumes. A bit lower, but still 9% jump in US Repo, and up 3% in EBS Volumes. European Repo YoY per…
Read moreOn Thursday July 21, 2016 meeting, the Moscow Exchange (ticker MOEX) Supervisory Board appointed Anna Kuznetsova, Managing Director of MOEX's Equity & Bond Market and Igor Marich, Managing Director of MOEX's FX and Money Markets to be members of the Executive Board for two years. These appointments increase the number of members of the Executive…
Read moreHiWayFX has recently launched HiWayFX Analytics, an innovative application that provides traders with a range of valuable features, from live currency news and key financial events to in-depth market analysis. The brand new app aggregates the latest analytical studies conducted by the leading specialists of Claws & Horns. Key benefits of the HiWayFX Analytics app…
Read moreFollowing an ASIC application, the Federal Court in Perth has made asset preservation orders, by consent, against Ms Jane Rosemary Flegg, a Western Australia-based company secretary of ASX-listed company Continental Coal Limited (now in liquidation). ASIC obtained these orders in connection with its ongoing investigation into matters including the use of investors' subscription money at…
Read moreAt its meeting on July 21, 2016, Moscow Exchange’s Supervisory Board resolved to call an Extraordinary General Meeting of Shareholders (EGM) to address the question of corporate restructuring of PJSC Moscow Exchange. The EGM will be asked to approve consolidation by PJSC Moscow Exchange of its 100%-owned subsidiaries CJSC MICEX Stock Exchange and MB Technologies…
Read morePeter Thiel, co-founder of Paypal and an early institutional investor in Facebook, is taking a stake in in Cologne based Fintech startup nextmarkets GmbH. nextmarkets, which was jointly launched by the founders and FinLab, obtained a seven-figure sum during this investment round, which will be used to finance further growth. Alongside Peter Thiel and FinLab…
Read moreThe European Securities and Markets Authority (ESMA) has fined Fitch Ratings Limited (Fitch) €1.38 million for a series of negligent breaches of the Credit Rating Agencies (CRA) Regulation and has published the Decision of the ESMA Board of Supervisors and a Public Notice in relation to this action. ESMA has found certain senior analysts in…
Read moreHong 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…
Read moreThe Tokyo Commodity Exchange (TOCOM) announced today that the June 2016 monthly volume of customer trades (combined sell & buy sides) originating overseas was 2,642,493 contracts, accounting for 52.1 percent of the total trades of 5,073,440 contracts. This is an all-time high ratio of international customer trades at TOCOM continuing for the two consecutive months. …
Read moreDigital currency wallet and platform Coinbase announced today that it is adding support for blockchain-based Ethereum (ETH). Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. What is Ethereum Exactly? There has been a lot of activity in Ethereum recently: the largest crowdfunding in history (The DAO), the subsequent attack on The…
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