Derivatives marketplace operator CME Group Inc (NASDAQ:CME) today announced that April 2017 average daily volume (ADV) reached 16.3 million contracts, up 18% from April 2016. Highlights for April 2017 include: FX volume was 788,000 contracts in April - down 19% from March 2017 (or 978,000 contracts), options volume averaged 4 million contracts per day, up 52% versus April…
Read more
The Cyprus Securities and Exchange Commission (CySEC) announced that, on 30th January 2017, the Company Providing Administrative Services Vayronus Enterprises Ltd, waived its authorization pursuant to section 16(1) of the Law Regulating Companies Providing Administrative Services and Related Matters of 2012, as in force (the ‘Law’). Therefore, the Company’s authorization with Νumber 150/196, which was…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
Forex trading platform developer MetaQuotes just announced that has opened a representative office in Bulgaria. Metapenta Software Ltd will offer its services to regional brokers. The main tasks of MetaQuotes' office in Sofia are raising the offered services to a qualitatively new level as well as attracting brokers and financial organizations from the neighboring Balkan…
Read more
UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Williams & Chase Associates. Williams & Chase Associates is not authorised by the FCA but has been targeting people in the UK and is also carrying…
Read more
TriOptima, a NEX Group (LON:NXG) business which lowers costs and mitigates risk in OTC derivatives markets, announced today that it has added MVA (margin valuation adjustment) analytics to its triCalculate XVA (X-Value Adjustment) service. MVA calculations determine the lifetime costs of posting initial margin as part of the pricing of an OTC derivative. TriOptima is…
Read more
Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
Read more
Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it has appointed Eric Bernstein as President of Broadridge Investment Management Solutions. Broadridge Investment Management Solutions supports more than 225 global hedge funds, asset managers, family offices, fund administrators and prime brokers. Its modular suite of investment management solutions combines portfolio management, order management, risk management, reference data…
Read more
The UK Financial Conduct Authority (FCA) has put out details of the cloned firm BvB Advisory Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
Read more
Open social trading network FX Junction just announced that expands its payment service providers offering with the addition of FasaPay. Indonesia is one of our fastest growing markets and we want to make sure Indonesian social traders can easily interact with FX Junction," states Ryan Novak, Head of Sales. "Thanks for the valuable feedback from…
Read more