Category: Financial Services

Singapore
October 09, 2019 BY Valentina Kirilova

Singapore's MAS cuts FX leverage to 20:1

The Monetary Authority of Singapore (MAS) has announced on Tuesday that it has made the following new retail regulations: Retail investors will now have access to 20:1 leverage (previous leverage was 50:1). As stated in the announcement, exemption from the new measures are only specified holders of a licence who maintain a base capital of…

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fca warning
October 09, 2019 BY Valentina Kirilova

FCA warns against two unauthorised companies

The UK Financial Conduct Authority (FCA) has put out details of two unregulated firms yesterday. The names of the latest additions to the regulator’s warning list are GL-FX and FTCA. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: GL-FX/ GL FX Address: 10…

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moex moscow exchange
October 08, 2019 BY Valentina Kirilova

MOEX FX Market volume down 10% MoM in September

Moscow Exchange (MOEX) has released its trading volumes report for the month of September 2019. Total trading volume across MOEX markets was RUB 67.7 trln last month. The growth leaders in September were the Equity Market (+16.9%) and Derivatives Market (+10.5%), including commodities derivatives (+129.4%). Equity & Bond Market Total trading volumes on the Equity…

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fca clone firm
October 01, 2019 BY Valentina Kirilova

UK FCA warns against several clone firms

The UK Financial Conduct Authority (FCA) has put out details of several clone firms this week. The names of the latest additions to the regulator’s warning list are EpicXOption and FinancialClaimsuk.co.uk. Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK: EpicXOption (clone of an…

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dgcx
October 01, 2019 BY Valentina Kirilova

DGCX breaks all-time quarterly volumes record

The Dubai Gold and Commodities Exchange (DGCX) has just released its quarterly volumes report and the results is a record-breaking performance. The exchange has registered its best quarter since inception with over 7.98 million contracts traded in the third quarter of 2019, with over 2.37 million contracts traded in September, valued at USD 41 billion.…

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October 01, 2019 BY Valentina Kirilova

Israel & Croatia sign Fintech agreement

The Capital Markets, Insurance and Savings Authority, and Israel Security Authority announced earlier this week that they have signed an MoU for collaboration on FinTech issues with the Croatian Financial Services Supervisory Agency (HANFA). The agreement aims to support Fintech companies in both countries and to enable information sharing regarding this fast-developing domain. The MoU…

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data
October 01, 2019 BY Valentina Kirilova

Financial technology company Integral's ADV up 8% MoM in September

Fintech company Integral just released its volumes report for the month of September 2019. The firm reported average daily volumes (ADV) across Integral platforms totaled $37.3 billion last month. Integral have announced a 10.4% rise YoY in monthly ADVs for September 2019. Despite a continually punishing  landscape for FX volatily the firm also saw a…

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TFX volumes
October 01, 2019 BY Valentina Kirilova

TFX-Click 365 volume plunges 44% MoM in September

Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of September 2019. You can see the highlights below: FX Daily Futures contracts (Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 1,678,016 ( -43.6% MoM / -20.4% YoY ) and its average daily trading volume was…

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New Broadridge portal automates and transforms the MBS Trade Assignment Process
September 30, 2019 BY Valentina Kirilova

New Broadridge portal automates and transforms the MBS Trade Assignment Process

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech firm and part of the S&P 500® Index, has just announced that it has launched a new centralized Trade Assignment Portal (TAP). Mortgage originators and broker-dealers will now be able to transform the execution of Mortgage-Backed Securities (MBS) Trade Assignments. TAP is a web-based platform, enables originators…

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