Australian regulator ASIC has released its Corporate Plan for 2018-19 to 2021-22 and small business continues to be an important stakeholder for ASIC, reflected in the plan’s action items for 2018-19. ASIC Commissioner John Price said: As Australia’s regulator for companies, financial markets and providers of financial services and consumer credit, ASIC works to help…
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The U.S. Commodity Futures Trading Commission (CFTC) has announced that it has issued an Order filing and settling charges against the Bank of Nova Scotia (BNS) for engaging in multiple acts of spoofing in gold and silver futures contracts traded on the Chicago Mercantile Exchange (CME). The Order finds that BNS engaged in this activity by and…
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Derivatives marketplace CME Group and Nasdaq (Nasdaq: NDAQ) have announced a ten-year extension of CME Group's exclusive license to offer futures and options on futures based on the Nasdaq-100 and other Nasdaq indexes, through 2029. We are extremely pleased to extend our exclusive licensing agreement with Nasdaq, said CME Group Chairman and Chief Executive Officer…
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Tokyo Financial Exchange (TFX) has just released its trading volumes report for the month of September. The trading volume of Three-month Euroyen futures was 184,529 ( +142.2% MoM / + 42.5% YoY ) and its average daily volume was 10,252. 項目 September 2018 Trading Volume Daily Average Change on Previous Month Year on Year…
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Deutsche Börse’s post-trade services provider Clearstream has announced that it has completed the acquisition of Swisscanto Funds Centre Ltd. (SFCL) from Zürcher Kantonalbank, following the approval of the British and Luxembourgish regulatory authorities. The addition of SFCL will further enhance Clearstream’s service portfolio and support the company’s global fund services strategy. With the acquisition, the…
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The Financial Conduct Authority (FCA) has just announced that it has fined Tesco Personal Finance plc (Tesco Bank) £16,400,000 for failing to exercise due skill, care and diligence in protecting its personal current account holders against a cyber attack. The cyber attack took place in November 2016. Cyber attackers exploited deficiencies in Tesco Bank’s design…
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Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 4.9 billion in September 2018. Securitised derivatives made up the largest share of the turnover. The trading volume in this asset class was more than EUR 2.3 billion. Leverage products generated over EUR 1.4 billion. Thereof around 437 million was attributable to…
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The trading volumes on the cash markets of Deutsche Börse amounted to €1.29 trillion at the end of the third quarter, an increase of 20% compared to the same period last year. In 2017, turnover on the trading venues Xetra, Börse Frankfurt and Tradegate Exchange stood at €1.08 trillion at the end of September. On…
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All managed discretionary account (MDA) providers must now have an Australian financial services (AFS) license, with an MDA-specific ‘dealing by issue’ licence authorisation, Australian regulator ASIC announced earlier today. From today, MDA providers who do not have the required AFS license authorisations must cease providing MDAs until they have obtained those authorisations. An MDA is…
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The Commodity Futures Trading Commission (CFTC) has announced that it has charged interdealer broker TFS-ICAP LLC and TFS-ICAP Ltd. (TFS-ICAP) with fraud and supervision failures. In a Complaint filed in the U.S. District Court for the Southern District of New York, the CFTC alleges that, from approximately 2008 through 2015, brokers at TFS-ICAP offices in…
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