The average daily trading volumes were $20.0 billion in June 2020, registering growth of 12.9% MoM from $19.5 billion in the month prior. On YoY basis, there was a 14.3% increase from $19.3 billion for June last year. Cash market monthly activity details can be seen in the tables below: European Cash Market Monthly Activity…
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The Cyprus watchdog alleged that CPB and Commerzbank acted “in concert to manipulate the market” regarding CPB’s shares in April and May 2011. CySEC imposed a €650,000 fine to Commerzbank AG for the violations. The Cyprus securities regulator decided not to impose a fine on CPB because it is s under special administration since 2013…
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Derivatives Market RUB 9.2 trillion (RUB 7.6 trillion for May 2020) are attributed to derivatives and market volumes, registering a 21% growth. Contracts were 153.8 million (RUB 137.3 million contracts for May 2020). Of these futures account for 149.6 million, and options for 4.2 million. ADTV was RUB 460.3 billion, making a 14.9% MoM increase…
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CMC Markets reported its operating income for Q1 2021 in excess of that reported for H1 2020 of £102.3 million. CMC Market said in a statement: The Board is confident that, even in the event that more normalised client trading activity returns, with the strong underlying performance of the business, 2021 net operating income will…
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The company’s quarterly ADV peaks include Interest Rate ADV of 6.9 million contracts. Equity Index ADV registered 5.6 million contracts. Micro E-mini Equity futures traded 1.9 million contracts. Options ADV were 2.8 million contracts. Energy ADV registered 2.6 million contracts and Agricultural ADV -1.3 million contracts. FX ADV reached 725,000 contracts and Metals ADV - 519,000 contracts. The…
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Denis Alyanov, CEO of TraducationFX, commented: We’ve been offering market research articles for some time now and many of our customers, both brokerages and educational platforms, have asked us to start doing videos on technical analysis as well. Alyanov continued: Brokers find this service useful in retaining clients while for educational platforms, it’s much easier…
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According to ASIC regulation NXXT Trade is not a transaction permitted for an on-market buy-back. The MDP considered that Credit Suisse had failed to act in accordance with its clients’ instructions to conduct an on-market buy-back when it had entered the NXXT trades. The MDP alleges that Credit Suisse was careless as it did not…
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Avi Sela, COO of eToro commented: As a global, multi-asset investment platform, we are committed to providing a reliable, fully compliant brokerage experience, protecting customer assets while offering full transparency and meeting the needs of global regulators. To accomplish this, we chose financial markets compliance innovator NICE Actimize to provide solutions which address the rapidly…
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The UK Financial Conduct Authority suspended Wirecard’s UK subsidiary and left thousands of people in the UK unable to access their money. The UK regulator froze Wirecard Card Solutions’ UK lincense to protect the company's clients following the German-based parent company Wirecard AG filing for insolvency on Thursday last week after accounting firm Ernst & Young…
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The Refinitiv FX Matching platform supports Spot, as well as Forwards trading. The matching data is essential for the FX market structure. It is used as a reference rate in price discovery, the management of client orders and FX options contracts, WM/Reuters fixings and for determining the day’s high and low trading range. Matching is…
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