Julia Hoggett commented: Having spent my entire career in capital markets, I know the key role they play in providing vital capital to companies and institutions and delivering returns for individual and institutional investors. I am delighted to be joining London Stock Exchange plc, and the wider Group, at a time when London’s role as…
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Trades in QOD are published immediately after execution, further strengthening post-trade transparency. Trade execution reports will also be made available on the business day following the execution. ETFs were increasingly traded over-the-counter in the past. With this addition to the existing order book, QOD offers investors the opportunity to trade ETFs in a bidding process…
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Key dates for industry to be aware of for the UPI fee model consultation process include: January 11th, 2021 first UPI fee consultation begins, and ends March 5th, 2021 May 10th, 2021 second Industry Consultation, and ends July 9th, 2021 September 9th, 2021 publication of the Final Consultation paper Emma Kalliomaki, Managing Director of ANNA…
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The Vanuatu Financial Services Commission regulated broker noted that 50% of the withdrawals have been processed so far and the company continues to work to process the rest of them. USG stated that it expects all of the funds to be processed and refunded by the end of March 2021. Earlier this year, the USGFX…
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Equity Options Single stock options average daily contracts traded fell by 5% and index options average daily contracts traded were down 40%YoY. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.5 billion, compared to $11.1 billion the previous year. Settlement The value of securities held in CHESS dropped 1%YoY. The…
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What to watch US jobs report: All eyes will be on November’s job report from the Bureau of Labor Statistics on Friday, investors will be watching to see whether surging Covid-19 case numbers in the US have damaged the labour market. In October, jobs growth was better than expected, and the unemployment rate fell to…
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Integral's registered ADV for November 2020 also include volumes traded on the recently launched venue, TrueFX, and is reported in aggregate with volumes from Integral’s other trading platforms. The monthly ADV now represents total volumes traded across the group’s entire liquidity network. Integral and Swiss online bank Swissquote Bank Ltd today announced that their long-standing…
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GOLD The sell-off seen on the US Dollar is boosting gold recovery. Bullion is on a fractional gain today, but this week is on track for achieving a 3%+ recovery, while silver jumped by 7%. It is not surprising to see bigger movements on silver, which traditionally behaves as gold’s younger and livelier brother, showing…
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David Bachelier, Capitalab's Singapore-based co-founder said: We are delighted to consolidate our presence in FX through our services agreement with CLS, which will enable previously unexplored possibilities. Combining Capitalab's multi-product technology with CLS data allows us to offer the market new FX solutions and unique optimisation of several risk metrics, including notional, margin and counterparty…
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Russia’s largest bank, Sberbank, is planning a launch of a new blockchain trading platform and a native token Sberbcoin. Russian business news outlet RBC reported on Monday that Sberbank plans to release its digital currency Sberbcoin in 2021 around the same time as the Russian Central Bank prepares the launch of the digital ruble. Sberbank has…
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