Deutsche Börse’s cash markets has announced that it has generated a turnover of €124.8 billion in July (previous year: €124.3 billion, previous month: €116.0 billion). Of the €124.8 billion, €112.1 billion were attributable to Xetra (previous year: €113.6 billion), bringing the average daily Xetra trading volume to €4.9 billion. Trading volume on Börse Frankfurt was…
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Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of July 2019. You can see the highlights below: Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 75,426 ( - 17.9% MoM / - 32.0% YoY ) and its average daily volume was 3,428. 項目 July 2019…
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The EU securities markets’ regulator ESMA has announced earlier today that it will not renew the temporary restriction on the marketing, distribution or sale of contracts for differences (CFDs) to retail clients in the European Union (EU). LeapRate reminds that last year ESMA has taken product intervention measures relating to CFDs, imposing a temporary restriction…
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The New Zealand Financial Markets Authority (FMA) has informed the public that it has suspended the derivatives issuer license of AxiCorp Financial Services Pty Limited (trading as AxiTrader). The company has been making a regulated offer to retail clients in New Zealand without a compliant Product Disclosure Statement or Disclose register entry. AxiCorp has also…
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The European Securities and Markets Authority (ESMA) has released its opinion on product intervention measures taken by the National Competent Authorities (NCAs) of the countries of Germany, Poland, Hungary, and Malta. LeapRate reminds that Germany’s BaFin has recently informed that it maintains restrictions on retail trading with financial CFDs. BaFin first announced its decision back in…
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LeapRate Exclusive... Brokeree Solutions, a a fintech company that provides brokers with high-grade forex technology solutions, recently announced the launch of a new risk management solution – MT4/MT5 Exposure Manager. The unique multi-platform solution allows forex brokers to perform orders from MT4 and MT5 servers at liquidity providers or on other MetaTrader servers. The new…
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The U.S. Commodity Futures Trading Commission (CFTC) has informed the public yesterday that it has required Curtis Dalton of Middleton, Massachusetts to pay $200,000 for offering illegal off-exchange retail commodity transactions to U.S. and overseas customers while failing to be registered by the CFTC as required. Dalton offered transactions, which consisted of binary options in…
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Australian regulator ASIC has requested earlier today that exchange market operators do not admit any managed funds that do not disclose their portfolio holdings daily. Operators should also have internal market makers while it undertakes a review during the remainder of this calendar year. What is Internal market making? Internal market making occurs when a…
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The UK Financial Conduct Authority (FCA) has started the week by putting out details of several unauthorized firms. These companies are using the details of FCA authorised firms, trying to convince people that they work for a genuine, authorised firm. The following details have been given as part of scam tactics: Fidelity International (clone of…
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Deutsche Börse AG has released its results for the second quarter of 2019 earlier this week. The company generated net revenue in the amount of €724.8 million, up 6% YoY. As part of this, Deutsche Börse achieved structural net revenue growth of approximately 5%, in line with its expectations. Furthermore, higher net interest income from…
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