In recognition of the increasing investor demand for access to Initial Public Offerings (IPOs), CMC Markets Plc (LON: CMCX) and OnMarkets BookBuilds (OMB) have entered into a deal which allows CMC Markets’ clients to bid for IPOs through their broking account using OnMarket’s platform. IPOs are delivering stellar returns to investors, with the average gain on…
Read moreCFTC data from US retail forex brokers is out for June, showing a drop across-the-board besides a slight tick up from TD Ameritrade. Moreover, this report completes the removal of Phillips Capital from the USA FCM list, as their NFA/CFTC Retail FX license became null after a ruling stating companies holding dual licenses as Broker-dealers and FCMs cannot…
Read moreIt was announced today that the board of directors of the Tel Aviv Stock Exchange (TASE) decided in its meeting on Thursday (August 4, 2016) to launch US Dollar weekly options. Weekly TA-25 Index options were introduced by TASE in 2013 and their trading volumes are constantly on the rise. The average daily volume of…
Read moreThe World Gold Council and the London Metal Exchange (LME), together with Goldman Sachs, ICBC Standard Bank, Morgan Stanley, Natixis, OSTC and Societe Generale, today announce their intention to introduce a suite of exchange-traded and centrally-cleared precious metals products. The initiative has been driven by the need for greater market transparency, to support and aid…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today announced three separate measures that are designed to enhance the protection of customer funds. The CFTC approved an order to exempt Federal Reserve Banks that maintain customer accounts for derivatives clearing organizations (DCOs) from liability under the Commodity Exchange Act (CEA). In addition, the CFTC’s Divisions of…
Read moreThe U.S. Marshals announced today the auctioning of one block of approximately 2,700 Bitcoins (approx. $1.6 million) in connection with various federal criminal, civil and administrative cases. To register, potential bidders must complete all registration requirements by noon EDT Aug. 18. A $100,000 deposit is required to participate. Deposits will be returned to non-winning bidders. The auction will…
Read moreJust announced today from Monex Group, Inc. (TYO:8698) TradeStation clients in the TradingApp Store can get a free trial of PredicationValley, an app for stock movement predictions before earnings releases. The PredictionValley Earnings app seeks to empower investors to benefit from predictable changes in stock price direction around earnings announcements. Earnings announcements can present great trading opportunities…
Read moreSIX Swiss Exchange today announced it is consolidating its position as a leading trading venue for international blue chips. From today SIX Swiss Exchange is enabling investors to trade certain US stocks in its Sponsored Foreign Shares trading segment directly in US dollars, thereby lending them even more flexibility in the implementation of their investment…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Consent Order imposing a permanent injunction against Defendants Hendrik A. Van Beuningen and his company, DeBrink Trading Fund I, LLC, and requiring them to pay a $430,000 civil monetary penalty and restitution of $480,000 to defrauded pool participants. The Court’s Order against the Defendants…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Capital, Inc. (Barclays), a Connecticut corporation headquartered in New York City which operates as a subsidiary of Barclays Group US, Inc, for failing to diligently supervise its officers’, employees’, and agents’ processing of exchange and clearing fees it…
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