March 16, 2017 BY Valentina Kirilova

EEX launches Swiss Day Futures with first trades

The European Energy Exchange (EEX) successfully extended its product offering on the power derivatives market by launching Swiss Power Base Day and Weekend Futures on Wednesday. On the first day of trading a total of 5,400 MWh was traded in Swiss Base Day Futures. The first transaction in the Day Futures contract with a volume…

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March 16, 2017 BY Valentina Kirilova

SFC reprimands and fines DBS Vickers (Hong Kong) Limited $2 million

The Securities and Futures Commission (SFC) has reprimanded DBS Vickers (Hong Kong) Limited (DBSVHK) and fined it $2 million for regulatory breaches and internal control failings relating to under-segregation of client money. The disciplinary action follows an SFC investigation into three self-reports by DBSVHK about possible non-compliance with the Securities and Futures (Client Money) Rules…

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March 16, 2017 BY Valentina Kirilova

HKEX to introduce options on three more blue chips on 10 April

Hong Kong Exchanges and Clearing Limited (HKEX) will introduce options on Hang Seng Index constituents AAC Technologies, Geely Automotive and Link REIT on Monday, 10 April 2017 to further strengthen its options market. The Link options will be HKEX's first options on a Real Estate Investment Trust, or REIT. The new options' sizes are in…

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March 16, 2017 BY Valentina Kirilova

Devexperts and Gedik Yatirim create new desktop and mobile platform for Turkish online trading

Munich based Devexperts GmbH, developers of professional retail and institutional trading platforms today announced the launch together with Gedik Yatirim (IST:GEDIK) of a brand new Trading Platform created specifically for Turkish Market. The platform includes client native applications for Android and iOS along with WEB integrated via common gateway, that allows to see synchronous data…

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March 16, 2017 BY Valentina Kirilova

ThinkMarkets implements PayPal for global payments coverage

ThinkMarkets, a global multi asset brokerage, has enhanced its payment offering with the launch of PayPal. The new payment solution enables ThinkMarkets’ global user-base to deposit and withdraw funds through PayPal’s international network. With the addition of PayPal as a funding method, ThinkMarkets’ users will be able to deposit funds into their trading accounts on…

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March 16, 2017 BY Valentina Kirilova

Polish integrator Empirica Software starts development of institutional solutions for MT5

Following T4B (Tools for Brokers), another team of software developers has announced the development of brokerage solutions for MetaTrader 5. The Polish integrator Empirica Software has become the next institutional software provider for companies using the advanced multi-asset platform. The trend becomes more visible as more brokers actively switching to MetaTrader 5 generate a demand…

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March 16, 2017 BY Valentina Kirilova

ASIC disqualifies former director from managing companies

Michael Ian Davey, of Slacks Creek, Queensland, has been banned by ASIC from managing corporations for two and a half years. Mr Davey's banning follows the appointment of liquidators to two companies he managed, Refractory Construction Pty Ltd (formerly known as Total Refractory Management Pty Ltd) and A4dable Geeks Pty Ltd. As a result of…

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