March 02, 2017 BY Valentina Kirilova

Financial services company Edelweiss Singapore extends tech strategy with Horizon

Horizon Software, the global provider of electronic trading and investment management technology, announced the extension of its long-term relationship with Edelweiss International Singapore (Pte) Limited, a subsidiary of Edelweiss Financial Services Limited, one of India’s leading diversified financial services companies. Edelweiss will be using the latest version of Horizon’s trading technology as a strategic element…

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cme group fx volumes
March 02, 2017 BY Valentina Kirilova

CME Group interest rate volume up 9% in February, second highest monthly ADV ever

Derivatives marketplace operator CME Group Inc (NASDAQ:CME) announced that February 2017 average daily volume (ADV) reached 18.4 million contracts, down 1% from a strong February 2016. CME Group February 2017 options volume averaged 3.8 million contracts per day, up 9% versus February 2016, with electronic options averaging 2.2 million contracts per day, up 17% over…

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March 02, 2017 BY Valentina Kirilova

Canadian authorities planning crackdown on binary options

Provincial market watchdogs are trying to shut down the mechanisms used to entice investors into binary options trading schemes. Securities regulators have released numerous warnings over the past year saying that no one is registered to offer binary options in Canada. Yet still schemes promoting the get-rich-quick investments continue to proliferate and cause losses for…

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Eurex volumes
March 02, 2017 BY Valentina Kirilova

Eurex records strong volumes in VSTOXX products in February

Investors rely strongly on VSTOXX derivatives to hedge their exposure to equity and credit markets at Eurex, Europe’s largest derivatives exchange, Deutsche Börse announced earlier today. VSTOXX is the Europe’s volatility benchmark. It reflects investor sentiment uncertainty by measuring implied volatility of the EURO STOXX 50. In February, the Average Daily Volume reached 119,838 contracts.…

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March 02, 2017 BY Valentina Kirilova

FCA to place a deadline on PPI complaints

The Financial Conduct Authority has today confirmed that it will introduce a deadline for making new payment protection insurance (PPI) complaints. The final deadline for making a new PPI complaint will be 29 August 2019. To encourage consumers to decide whether to act about PPI before the deadline, the FCA will run a two-year consumer…

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March 02, 2017 BY Valentina Kirilova

Safecharge enables payments for innovative marketplace Funzing

Payments services and technologies provider SafeCharge International Group Ltd (LON:SCH) today announced that it is providing its payments technology to Funzing, an innovative sharing economy marketplace. Funzing is a community marketplace that connects hosts that have created unique experiences with members of the public looking for an unusual way to use their free time. The…

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