MSCI Inc., a provider of indexes and portfolio construction and risk management tools and services for global investors, has announced the signing of an agreement with the Saudi Stock Exchange Co. (Tadawul), the largest stock exchange in the region in terms of market capitalization and turnover, to create a joint tradeable index that can serve…
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The ETF segment at SIX Swiss Exchange is gaining another high-profile provider: As of today, 5 smart beta ETF issued by Fidelity International trade on SIX. This takes the number of ETF providers available via SIX to a new high of 25, and the number of ETFs to a record of 1’394. Fidelity International is…
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The Tokyo Commodity Exchange, Inc. (TOCOM) has announced that it has scheduled the listing of Technically Specified Rubber (TSR) futures contracts for October 9, 2018, pending regulatory approval from the Minister of Agriculture, Forestry and Fisheries and the Minister of Economy, Trade and Industry. TSR is a class of natural rubber and, along with Ribbed…
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Derivatives marketplace CME Group has just announced that Henry Hub Natural Gas futures open interest reached a record 1,617,589 contracts on Friday, August 31, surpassing the previous record of 1,606,874 contracts set on August 17, 2018. Open interest represents the total number of outstanding positions held by all participants in a given market. Nine of…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Benford Heritage Credit Union Limited. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of…
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Moscow Exchange (MOEX) has just released its market report for the month of August 2018. Total trading volume across Moscow Exchange’s markets was RUB 79.5 trln last month. Turnover grew on the Derivatives Market (+15.1%), Equity Market (+10.9%), Bond Market (+8.9%) and FX Market (+3.1%). Equity and Bond Market Total trading volumes on the Equity…
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STOXX Ltd., the operator of Deutsche Börse Group’s index business and a global provider of innovative and tradable index concepts, has just announced that it has licensed the iSTOXX Europe ESG Climate Awareness Select 50 Index to Morgan Stanley for the issuance of structured products. The new index combines sustainability criteria with a high dividend…
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SIX Swiss Exchange has held a 25% stake in SECB (Swiss Euro Clearing Bank GmbH) since 1999. The other shareholders are the Swiss banks UBS, Credit Suisse and PostFinance, each with a 25% holding. SIX, in its capacity as the core infrastructure service provider of the Swiss financial center, is SECB’s largest client. The purpose…
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In August, Eurex, Europe’s largest derivatives exchange and part of Deutsche Börse Group, has announced that it has seen strong demand for its products. Traded European interest rate contracts increased by 27 percent to 46.6 million, from 36.7 million in August 2017. Demand was particularly high for European equity derivatives (+56 percent) with 21.9 million…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Tickeo. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to scam…
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