Deutsche Börse
June 02, 2020 BY Steffy Bogdanova

Deutsche Börse reports 7.5% MoM decline in trading volumes

Divided by class of asset, equities generated around €139.9 billion. Trading ETFs/ETCs/ETNs earned €18 billion. The trading volume in bonds was €0.4 billion, in certificates €1.4 billion and in funds €0.2 billion. SAP SE achieved the highest volume from the DAX stock on Xetra in May with €7.2 billion. TeamViewer AG led the MDAX equities…

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forex and crypto market analysis
June 02, 2020 BY Valentina Kirilova

Daily Market News: Markets rise despite continued US civil unrest

What to watch Zoom Video Communication: The rise of Zoom has been dramatically accelerated by the coronavirus pandemic, which has propelled it into both the public consciousness and companies worldwide. The company’s share price gained 13% on Monday ahead of its latest set of quarterly earnings on Tuesday, as investors are widely expecting an impressive…

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Tokenise launches digital exchange
June 02, 2020 BY Valentina Kirilova

Tokenise teams up with GMEX, launches a fully-regulated digital exchange

Tokenise is licensed in Barbados and is operating out of London and the Caribbean. The exchange aims to establish a new benchmark for digital assets by utilising blockchain technology. Tokenise facilitates liquidity in a traditionally illiquid market, by removing acknowledged inefficiencies and barriers to participation to democratise the process of matching providers and consumers of…

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FCA bans sale of crypto-derivatives to retail consumers
June 02, 2020 BY Steffy Bogdanova

FCA bans Cypriot firms Hoch Capital, Magnum FX, Rodeler and F1 Markets from offering CFDs in the UK

FCA’s actions came as a response to insufficient information to the nature of the investments, some of the investors were pressured into making increasingly large investments in CFDs, which referenced bitcoin, foreign exchange, shares and indices. In some cases, investors were even encouraged to take out credit to make the payments. The firms also failed…

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daily market analysis
June 02, 2020 BY Valentina Kirilova

Daily market commentary: The US dollar continues to lose ground

EUROPEAN SHARES  Most European stocks edged higher on Tuesday despite a mixed tone registered overnight by Asian benchmarks as investors still struggle to assess the potential impact of US civil unrest to markets. While recent reassuring macro data and optimism about the reopening of economies in both Europe and the US have sustained the bullish…

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FXSpotStream forex volumes
June 02, 2020 BY Steffy Bogdanova

FXSpotStream volumes stabilize with 6.3% MoM increase in ADV

The company’s Overall Volume in May reached USD$758 billion, up by 1.4% MoM compared to April. The trading volume was a bit disappointing with a 5.48% decline, compared to May last year when it registered $802 billion. And still almost half of the volumes registered in March 2020 when crossed the $1 trillion mark for…

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CySEC fines
June 01, 2020 BY Steffy Bogdanova

CySEC fines Indication Investments Ltd for €160,000

CySEC also found that the company may have violated European Securities and Market Authority’s decisions regarding the provision of maximum leverage to retail clients, up to 1:30, at specified products and the margin close-out protection, a requirement to market, distribute or sell CFDs to retail clients. Indication Investments and CySEC reached a settlement regarding the…

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