Yesterday, the European Energy Exchange (EEX) has announced that it achieved its highest trading volumes in Power Futures for Italy and Spain since the launch of these products. In Italian Power Futures, a volume of 6,864,868 MWh was traded and registered for clearing. The previous record for the Italian Power Futures was the volume of 6,183,005 TWh…
Read moreToday the UK Financial Conduct Authority put out details of the cloned firm South Finance. 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 to scam…
Read moreInternational investors based in Hong Kong can now use their existing setup with banking company Clearstream’s global Vestima fund processing platform to directly invest in MRF-eligible, China-domiciled funds. The Mainland China - Hong Kong Mutual Recognition of Funds (MRF) programme allows Hong Kong and Chinese asset managers to distribute recognised funds in both jurisdictions. Vestima…
Read moreThe Taiwan Stock Exchange (TWSE) and the Korea Exchange (KRX) have announced the cross listing of ETFs tracking the benchmark indices of both markets. The move further expands the growing links and cooperation between the two bourses. Both ETFs will be the first index-based products to track Korean and Taiwanese securities in each market. In Taiwan,…
Read moreToday the UK Financial Conduct Authority put out details of the cloned firm Knight Cover. 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 to scam…
Read moreThe Securities and Exchange Commission (SEC) has announced that it has named David H. Saltiel to head the Office of Analytics and Research in the Division of Trading and Markets. He joined the SEC in September. Stephen Luparello, Director of the Division of Trading and Markets, said: We are very fortunate to have David’s expertise at…
Read moreGMO Click Holdings Inc (TYO:7177) plans to set up new unit GMO-Z com Trade Limited in Thailand in December. GMO Click shared that it strives to develop the internet financial-related businesses close to the home of the customer. Further, in order to sustainable growth, the company has been promoting business development overseas, this time in Thailand.…
Read moreThe European Securities and Markets Authority (ESMA) has issued today a public consultation regarding draft guidelines on trading halts under the Markets in Financial Instruments Directive (MiFID II). MiFID II provides that “Member States shall require a regulated market to be able to temporarily halt or constrain trading if there is a significant price movement…
Read moreTrading technology pioneer REDI Global Technologies has announced today the launch of its advanced new Spread Trader. It is available immediately to all REDI clients globally. With Spread Trader, users can trade pairs of securities using a variety of market-neutral strategies – including ratio, risk arbitrage and relative price – designed to help maximize spread capture…
Read moreThe innovative index provider Solactive has announced the launch of the Solactive Sustainable Development Goals World Index – a new index which enables investors to gain exposure to companies that have been identified as making a significant contribution to the advancement of the United Nations’ Sustainable Development Goals (SDGs). The bank plans to issue structured products tied to…
Read more