CME Group Inc (NASDAQ:CME), the world's leading and most diverse derivatives marketplace, today announced it reached an all-time high monthly average daily volume (ADV) of 27.3 million contracts during February 2018, up 48 percent from February 2017. This milestone surpasses the prior peak of 20.9 million contracts in November 2016 by 31 percent. CME saw…
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Moscow Exchange (MOEX) today announced its financial results for the year ended 31 December 2017. Higher trading volumes in the Bond Market and Money Market, supported by solid performance of Depository and Settlement Services, helped the Exchange achieve record fee and commission income. KEY FINANCIAL HIGHLIGHTS FOR 2017 Fee and commission (F&C) income up 7.1%…
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Fintech infrastructure solutions provider Broadway Technology and Moscow Exchange have announced that Broadway Technology has begun offering its clients access to Moscow Exchange’s FX Market. Broadway Technology customers can now trade FX instruments on MOEX via Sponsored Market Access (SMA) and receive MOEX Market Data. Broadway’s solutions have been certified by Moscow Exchange, and its MOEX adaptors…
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Leading Swiss stock exchange SIX Swiss Exchange has announced that XTX Markets Ltd. has started trading on SIX Swiss Exchange. XTX Markets is a leading quantitative-driven electronic market maker partnering with counterparties, exchanges and e-trading venues globally. It is the second new participant joining the exchange in 2018, after Gair Loch. Gregor Braun, Head Member Acquisition…
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Cyprus based trading platform provider MetaQuotes has announced that the Pakistan Mercantile Exchange (PMEX) has decided to offer its MetaTrader 5 (MT5) trading platform to all its market participants. This means that 333 PMEX members will be able to operate their business on MT5, and to offer advanced trading and investment facilities to their clients. The…
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The Malta Financial Services Authority (“MFSA”) has issued a warning, stating that it has become aware of an entity calling itself “VSB Malta” and utilizing the website vsbmalta.com/secure/, which fraudulently claims to be regulated and licensed by the “Malta Financial Services Commission” to provide Banking, General Insurance, Investment and Fund Services Business. The MFSA would…
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STEMMER IMAGING AG (ISIN: DE000A2G9MZ9) today became the first company to launch an IPO in the SME segment Scale of the Frankfurt Stock Exchange this year, Deutsche Börse announced earlier today. The STEMMER IMAGING shares opened trading at €36.00, following an issue price of €34.00. The issue's lead manager and designated sponsor for Xetra trading…
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Accuity, the provider of financial crime compliance, payments and counterparty know-your-customer (KYC) solutions, has embarked on a project to help payment solutions company, Lemon Way, to more efficiently identify financial crime and flag potentially high-risk customers. Lemon Way has chosen to implement Firco Compliance Link, an Accuity solution which will enable the business to streamline…
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Exchange traded funds issued by J.P. Morgan Asset Management have been tradable on Xetra and the Börse Frankfurt venue for the first time since Tuesday. At the start of trading, the product range comprises two bond index ETFs and three active ETFs, which enable investments in selected alternative beta strategies. The J.P. Morgan Asset Management…
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The Financial Conduct Authority (FCA) has today published its final policy statement on new rules for the credit card market. The FCA estimates the changes will save consumers between £310 million and £1.3 billion a year in lower interest charges. The new rules come into force on 1 March 2018, but firms have until 1…
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