Category: Financial Services

Regulation
May 13, 2019 BY Valentina Kirilova

ASIC: Incorrect dual authorisation of 58 AFS licensees rectified

Australian regulator ASIC announced earlier today that 58 Australian finance services (AFS) licensees have now had their authorisation revoked. The reason is that the companies were in breach of the law because they were also authorised representatives of other AFS licensees. According to section 916D of the Corporations Act 2001 (the Act), an AFS licensee…

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Tokyo Financial Exchange TFX volumes TFX Click 365
May 10, 2019 BY Valentina Kirilova

TFX-Click 365 volume up 35% YoY in April

Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of April 2019. Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 57,590 ( - 39.9% MoM / - 54.7% YoY ) and its average daily volume was 2,880. 項目 April   2019 Trading Volume Daily Average Change…

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moex moscow exchange
May 10, 2019 BY Valentina Kirilova

MOEX shows steady results in April's volume report

Moscow Exchange (MOEX) has earlier this week released its volume report for the month of April. Total trading volume across Moscow Exchange’s markets was RUB 73.8 trln in April 2019. The growth leaders were bond (+24.3%), GCC repo (+22.2%), commodity derivatives (+18.4%) and CCP repo (+12.5%) markets. The complete report as shown on Moscow Exchange's…

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May 09, 2019 BY Valentina Kirilova

Traiana teams up with Eurex to provide central clearing connectivity

Traiana, a trade life-cycle and risk management solutions provider, just announced that it has provided direct central clearing connectivity to Eurex, part of Deutsche Börse Group. This connectivity agreement is well-timed for market participants keen to use our services to consolidate their OTC clearing processes and benefit from an increase in clearing activity at Eurex,"…

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cme group building
May 07, 2019 BY Valentina Kirilova

CME Group launches Micro E-mini futures for trading

Derivatives marketplace CME Group (NASDAQ:CME) announced that more than 310,000 Micro E-mini futures contracts traded yesterday across all four indices - the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes. Total cumulative volume makes Micro E-minis the most successful new product launch in CME Group's history. We are pleased to see strong…

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fca warning
May 07, 2019 BY Valentina Kirilova

UK FCA issues several warnings against unauthorized companies

UK financial regulator Financial Conduct Authority (FCA) has issued several warnings against unregulated financial services providers targeting UK consumers. The FCA’s latest warning includes the companies Sergo Capital, a trading style of Sergo Solutions Limited, Millennium FX, Tradospot OÜ, Prime Loan, and UK Investments. The FCA has once again strongly advised individuals to only deal…

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Deutsche Börse revenues
May 03, 2019 BY Valentina Kirilova

Deutsche Börse cash markets' turnover down 7% MoM in April

Deutsche Börse just released its cash markets volumes for April. The cash markets generated a turnover of €120.9 billion, down 7% MoM (compared to €127.2b in 2018 and €130.3 billion in March 2019). €107.8 billion of which were attributable to Xetra (€117.1b in 2018), bringing the average daily Xetra trading volume to €5.4b. Börse Frankfurt…

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CySEC fines
May 03, 2019 BY Valentina Kirilova

CySEC fines CIF Goldenburg Group Ltd €170.000

Cyprus regulator CySEC has just announced that it has decided to impose a total administrative fine of €170.000 to CIF Goldenburg Group Ltd. The reason for the fine is noncompliance with provisions of The Investment Services and Activities and Regulated Markets Law of 2007, as was in force (‘the L.144(Ι)/2007’), and of Directive DI 144-2007-02…

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