ASIC investigation leads to eight years’ imprisonment for a former financial service adviser LeapRate

October 08, 2020 BY Steffy Bogdanova

ASIC investigation leads to eight years’ imprisonment for a former financial service adviser

Dick has provided financial advice on behalf of Jigsaw Support Services Limited, GWM Adviser Services Limited and most recently, Synchronised Business Services Pty Ltd, who ceased authorisation of Dick in April 2018 and reported the matter to ASIC. ASIC Deputy Chair Daniel Crennan QC commenred: Mr Dick has been found to have breached the trust…

October 07, 2020 BY Steffy Bogdanova

ASX registered 61%MoM rise in total capital raised for September with $7.9 billion

Equity Options Single stock options average daily contracts traded fell by 25% and index options average daily contracts traded were down 24% on the pcp. Exchange-Traded Markets Participant margin balances held on balance sheet at month-end amounted to $13.2 billion, compared to $11.5 billion the previous year. Settlement The value of securities held in CHESS…

October 07, 2020 BY Steffy Bogdanova

Eurex plans to launch next generation of ESG derivatives

Rodolphe Bocquet, Global Head of Sustainable Investment at Qontigo said: The EURO STOXX 50 ESG Index and the DAX 50 ESG Index both represent highly liquid solutions for asset owners who are looking for cost-effective ways to integrate sustainable factors in the core of their investments. These indices are well suited for derivatives and are…

October 07, 2020 BY Steffy Bogdanova

CME Group adds new TreasuryWatch Tool to its offering

The new tool has additional capabilities which allow users to: Track and chart recent, historical and forecasted Treasury auction sizes by tenor and by gross coupon issuance. View yield data for cash treasuries, US treasury futures and short-term interest rate futures. View upcoming high impact US economic events. Quickly access key industry resources from the…

October 06, 2020 BY Steffy Bogdanova

Cboe Futures ADV volumes up by almost 11% MoM for September

Cboe’s September highlights include: Total options volume up 34% YoY; ADV in SPX options, VIX futures and VIX options up 20%, 22% and 5%, respectively; Total U.S. equities volume up 34% YoY.

October 05, 2020 BY Steffy Bogdanova

SEC reports record $175 million given in whistleblower awards for the fiscal year

Jane Norberg, Chief of the SEC’s Office of the Whistleblower said: The awards issued in the last month demonstrate the variety and breadth of tips received from whistleblowers. Award recipients in the last month include company outsiders who provided independent analysis, international whistleblowers who shone a light on hard to detect overseas conduct, and company…

October 05, 2020 BY Steffy Bogdanova

CME Group reports ADV of 16.9 million contracts in September and 15.6 million for Q3

The ADV across all asset classes for September includes: Equity Index ADV of 6.9 million contracts Interest Rate ADV of 4.9 million contracts Options ADV of 2.3 million contracts Energy ADV of 2 million contracts Agricultural ADV of 1.4 million contracts Foreign Exchange ADV of 1 million contracts Metals ADV of 734,000 contracts CME Group…

October 05, 2020 BY Steffy Bogdanova

MOEX trading volumes rose almost 15%MoM to RUB 86.5 trillion in September

Derivatives Market RUB 13.1 trillion (RUB 9.9 trillion for August 2020) are attributed to derivatives and market volumes, up by 32.3% MoM. Contracts were 187.2 million (RUB 144.8 million contracts for August 2020). Of these futures account for 182.6 million and options for 4.6 million. ADTV was RUB 593.2 billion, making a 25.78% MoM rise…

October 02, 2020 BY Steffy Bogdanova

Federal Court of Australia imposes a $10 million fine on ANZ for breaches of its license

ANZ has admitted that it lacked any contractual entitlement to charge those fees. With these fee charges, ANZ contravened with the Australian Securities and Investments Commission Act (ASIC Act) and breached its general obligations. The court ordered the bank to pay a penalty in the amount of $10 million. ASIC Deputy Chair Daniel Crennan QC…

October 02, 2020 BY Steffy Bogdanova

Deutsche Börse’s turnover for September up by almost 28% MoM

Divided by class of asset, equities generated around €129.8 billion. Trading ETFs/ETCs/ETNs earned €17 billion. The trading volume in bonds was €0.4 billion, in certificates €1.5 billion and in funds €0.2 billion. SAP SE achieved the highest volume from the DAX stock on Xetra in September with €6.3 billion. Siemens Healthineers AG led the MDAX…

Category: Financial Services