Derivatives marketplace CME Group (NASDAQ:CME) has just released its January volumes. The company has reached average daily volume (ADV) of 17.8 million contracts per day in January 2019, down 6% YoY. Open interest at the end of January was 122 million contracts, down 1% from January 2018 and up 5% from year-end 2018. The average daily volume…
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London based global commodities broker Marex Spectron has just announced that it has completed the acquisition of the customer business of Rosenthal Collins Group LLC (RCG). The broker has signed an agreement to acquire the independent futures commission merchant (FCM) based in Chicago, two months ago. Marex Spectron will keep the RCG name and brand, 14,000 client…
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The ravages of Crypto Winter have been most notable in the investment community, where 80% and sometimes more of crypto valuations have been lost during the long crypto bear market of 2018. The market is still searching for an absolute bottom, while the industry licks its wounds and pushes ahead with development efforts. These efforts…
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Trading solutions provider Spotware has just announced the release of two online sources, the new cTrader Help Centre and Spotware Marketing Portal, which were updated and relaunched with an aim to support its stakeholders by providing more educational and promotional materials. Spotware has recently teamed up with Forex and cryptocurrency technology company Match-Trade Technologies, to bring a…
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Australian regulator ASIC has announced that the former Adelaide financial adviser, James Gibbs, has pleaded guilty to theft of $4.88 million. He committed these offences while working as a financial planner and director of James Gibbs Investments Pty Ltd (JGI). James Gibbs stole approximately $4.88 million of funds that he was managing for his clients.…
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Moscow Exchange (MOEX) has announced that it will launch an updated version of the FAST protocol and a new FAST Full_orders_log Online service to enhance market data delivery from its Derivatives Market. The updated version will allow trading members to cease using other market data sources. Traders will now be able to reduce their infrastructure…
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The Hong Kong Securities and Futures Commission (SFC) has just announced that it has revoked the license of W. Falcon Asset Management (Asia) Limited (Falcon) for several different types of failures. The regulator has already issued a Restriction Notice on Falcon to safeguard the assets of the firm and its clients, and to protect the…
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The Board of Directors of Oslo Børs VPS Holding ASA have just decided not to recommend Euronext's acquisition offer, despite the fact that it is supported by the majority of Oslo Børs VPS shareholders. Back in December 2018, the pan-European exchange in the Eurozone has raised its commitment to 50.6% of Oslo Børs VPS Holding ASA shares in the…
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Iranian officials have been working diligently in the background, ostensibly to reverse its general ban on cryptocurrencies and to produce a framework that will mesh well with its plans for a national cryptocurrency, to be backed by the Rial and managed by the central bank. The central bank chose the eve of a national Electronic…
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Multibank FX aggregation service FXSpotStream keeps up with its records in January 2019. LeapRate reminds that January 2018 FX trading volumes came in at $26.3 billion ADV, making January 2019 FXSpotStream’s best month ever at $38.37 billion ADV – and by a wide margin. January 2019 trading volumes highlights include: FXSpotStream starts off 2019 by hitting its first ADV…
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