Derivatives Market Derivatives Market volumes saw an increase of 9.62% MoM to reach RUB 11.4 trillion (May 2021: RUB 10.4 trillion) or 147.1 million contracts (May 2021: 143.4 million), of which 143.6 million contracts were futures and 3.4 million contracts were options. ADTV was RUB 517.7 billion (May 2021: RUB 518.2 billion). By the end…
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Jonas Thulin, Head of Asset Management, Erik Penser Bank, said: As an asset manager in 2021, it’s very important to find your own data, do your own analysis, and make up your own mind about what’s happening in the markets. Macrobond has the breadth and depth of data, along with the modelling tools, to help…
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BlackBull Markets has revealed a partnership with affiliate marketing network Commission Junction. The New Zealand-based fintech firm pointed out that the Commission Junction was selected as a referral partner due to its broad network of collaborators and reputation for complementing the organic growth that companies experience. BlackBull Markets will start drawing on Commission Junction’s solutions…
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The Acting Director of Enforcement, Vincent McGonagle commented: As today’s enforcement action shows, the CFTC will vigorously investigate and seek to hold accountable those who make false promises and misappropriate customer funds. The CTFC is seeking a number of charges to be filed against all six defendants. This includes restitution paid to victims, the return…
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The company has stated that it manages over $80 billion for around 18 million users on its platform, of which more than half have made accounts for a first time. The company also reported that its growing business managed to turn a profit last year. Its sales rose to $958.8 million last year, registering 245%…
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OIL Oil is trading almost flat during the early part of Friday’s session, having reached a fresh multi-year high during the previous session, following a last-minute disagreement amongst OPEC members that delayed a decision on increasing output levels by an estimated 400,000 barrels per day. Officials from member countries will reconvene today and attempt to…
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Equiti Capital noted that these changes are subject of approval of the UK FCA and the FSA in the Seychelles Iskandar Najjar, Equiti Group CEO, commented: The Group is very appreciative of Brian’s contributions to date and now looks forward to seeing his experience and talents applied in helping the Group to quickly and successfully…
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The report showed a 3.7% MoM increase in average daily volumes, compared to May. FXSpotStream’s ADV hit $49.09 billion in June, while May it was $47 billion. June became the 3rd highest ADV in FXSpotStream's history. The ADV for June stood at a 13.4% increase year-over-year. The company’s ADV year-to-date, from January to June 2021,…
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Andrew Berry, Senior Managing Director, ICAP said: We have developed SpotMatch to meet client demand. Following many discussions with our clients it became clear there is a need for a simple, user-friendly interface for eMatching trading across FX Markets. We’re continuing to focus on electronification right across the business and this is another example of…
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One tragic impact of Robinhood’s failures was the suicide of a 20-year-old trader. FINRA noted that the trader had turned margin off on his Robinhood account, so was shocked to find margins had been used. On top of this, the Robinhood app showed a negative balance on his account, which wasn’t accurate. Robinhood’s behaviour directly…
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