CSA proposes rule regarding non-GAAP and other financial measures
April 05, 2017 BY Valentina Kirilova

Canadian securities regulators seek input on proposed business conduct rules for derivatives dealers and advisers

The Canadian Securities Administrators (CSA) published for comment Proposed National Instrument 93-101 Derivatives: Business Conduct and a related proposed companion policy. The proposed instrument establishes an investor protection regime for over-the-counter (OTC) derivatives markets that is consistent with international standards and foreign requirements and is intended to create a uniform approach to derivatives business conduct…

Read more
April 05, 2017 BY Valentina Kirilova

Indonesian Java Global Futures switches to MetaTrader 5

Forex trading platform developer MetaQuotes just announced that MetaTrader 5 discovered a new market with considerable investment opportunities – Indonesia. Java Global Futures based in Jakarta has become the first broker in the country offering the multi-asset HFT platform to its traders. Java Global Futures is a member of the Indonesian Derivatives Clearing House, Indonesia…

Read more
ESMA bond liquidity data
April 04, 2017 BY Valentina Kirilova

ESMA updates MIFID II/MIFIR investor protection Q&As

The European Securities and Markets Authority (ESMA) has added 10 new Q&As to its Questions and Answers (Q&A) document on the implementation of investor protection topics under the Market in Financial Instruments Directive and Regulation (MiFID II/ MiFIR). The MiFID II Q&A provide clarifications on the following topics: Best execution; Suitability; Post sale reporting; Inducements…

Read more
April 04, 2017 BY Valentina Kirilova

Cash still dominates POS payments in Europe

Supporters of digital payment schemes like to push the idea that a cash-free future is just around the corner, but fully three quarters of all Euro zone payments at the point-of-sale are still made in cash, according to the European Central Bank. The data comes from a survey conducted by the ECB to mark the…

Read more
April 04, 2017 BY Valentina Kirilova

Wall Street Horizon’s Enchilada available through Interactive Brokers’ TWS platform

Wall Street Horizon, the corporate events surveillance expert, just announced that its complete Enchilada corporate event dataset is now available through Interactive Brokers Group, Inc. (NASDAQ:IBKR)’ IB Trader Workstation (TWS) platform. With this collaboration, traders and investors can now access Enchilada’s comprehensive forward-looking and historical corporate event data for 5,000 North American companies. The platform…

Read more
Eurex volumes
April 04, 2017 BY Valentina Kirilova

Eurex March report sees strong volumes with 11% rise YoY in contracts traded

Rate hike expectations support trading volumes With the release of March's turnover on Deutsche Börse’s cash markets also comes the first quarter report of derivatives exchange Eurex. With further US interest rate hikes on the horizon and a looming end to Quantitative Easing, demand for market instruments to hedge risk has been growing strongly in the first quarter. Hedging…

Read more
April 04, 2017 BY Valentina Kirilova

CySEC withdraws license suspension of Dragon Options Ltd

Just one day after Cyprus financial regulator CySEC announced that it has withdrawn the CIF license suspensions of Leadtrade Ltd, and TTCM Traders Trust Capital Markets Ltd., same thing happened with Dragon Options Ltd. The brokerage group had its CIF license suspended by CySEC last week, with the regulator citing capital level concerns. CySEC had given…

Read more
April 04, 2017 BY Valentina Kirilova

FCA warns against The Loan Expert clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm The Loan Expert / www.theloan.expert. 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…

Read more