SEC also alleged that the brokerage firms executing WBI’s client trades boosted the execution prices by $0.02 to $0.03 per share for client buy orders and lowered them the same amount for client sell orders. WBI and Millington also falsely assured the boards of the mutual funds and the ETFs that these institutional payment for…
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NZX Executive Director for Markets Development & Clearing, Benjamin Phillips said the endorsement is important for the development strategy of NZX and its success as it will attract global participation in the markets and expand capacity and development of more direct connectivity to offshore capital flows. Phillips also stated that the collaboration will continue to…
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These numbers are also 9.7% up MoM compared to the same period in 2019. The Integral platform reaches varied and comprehensive a set of FX products and participants as Integral OCX. OCX is cross connected with over 250 liquidity sources that supply over 3,000 market making steams in NY4, LD4, and TY3. OCX’s market design…
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Exness reported that the high volumes for July were driven by the high market volatility due to the Covid-19 pandemic. Specific instruments such as gold were affected the most. The growing client base of the broker have also been a contributing factor. More than 135,000 traders have boosted the trading volumes of the company. The…
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Options’ Managing Director for APAC Jun Ashida, said: As a managed colocation and private cloud service provider, our offering gives clients a fully compliant institutional infrastructure, integrated with industry-leading technologies. This allows us to connect clients to both Asian and Global financial hubs for a seamless trading experience. We have worked closely with MAS (The…
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Equity Options Single stock options average daily contracts traded fell by 15% and index options average daily contracts by 32% on the pcp. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.0 billion, a 13% growth YoY, compared to $11.5 billion the previous year. Settlement The value of securities held…
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Cboe’s July highlights include: Each of Cboe Global Markets’ four options exchanges posted gains in ADV from July 2019: Cboe Options up 12%, C2 up 13%, Cboe BZX up 66% and Cboe EDGX up 136%. ADV at Cboe BZX, EDGA and EDGX Equities Exchanges was up from July 2019: Cboe BZX up 58%, Cboe EDGA…
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Phil Fayer, Nuvei’s chairman and CEO said: Businesses are looking for partners, both strategic and technological. We’ve become the payment technology partner that our clients can count on to make our world a local marketplace. We aim to deliver unified commerce solutions and expertise, helping our clients capture every payment opportunity that comes their way…
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Investor clients who are new to Brazilian markets have a simple starting point with Avelacom on a trial basis, providing a minimum level of access as required and quick to set up. The solutions cover all B3 asset classes such as equities, commodity, FX and derivatives and provide cross-asset trading opportunities among major global exchanges…
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This is the first time the CFTC has charged and exchange with violations of these regulations and disclosure of material non-public information. Director of Enforcement James McDonald commented: Today’s settlement sends a strong message that the CFTC will work tirelessly to protect our market participants against unlawful disclosures of their confidential information to ensure that…
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