Increase of 24 per cent YoY With a turnover of €154.2 billion in November, Deutsche Börse cash markets achieved the highest turnover since March 2015 (November 2016: €124.7 billion). Of the €154.2 billion, €138.0 billion were attributable to Xetra (November 2016: €113.3 billion). The average daily turnover on Xetra was thus €6.3 billion. Order book…
Read more
Time for the Spanish Stock Market Bolsa de Madrid (BME) to release its November trading volume report. The highlights include: In the first eleven months of the year trading volume totaled €603.7 billion The number of equity trades to November totaled 47.6 million The trading volume in Financial Derivatives in the first eleven months of…
Read more
In the month of November, Singapore Exchange (SGX) listed Structured Warrants, Daily Leverage Certificates (DLCs) and Exchange Traded Funds (ETFs) generated a combined daily average turnover of S$97 million with Structured Warrants contributing S$74 million (+163% YoY) of the total. More highlights include: DLCs generate a total turnover of S$282 million in November and a…
Read more
Hong Kong Exchanges and Clearing Limited (HKEX) announced that it expands its presence in Asia with the opening of the Singapore office of The Stock Exchange of Hong Kong Limited (SEHK) and the Hong Kong Futures Exchange Limited (HKFE), wholly-owned subsidiaries of HKEX. The Belt and Road Initiative and fintech (financial technology) present tremendous growth…
Read more
The Monetary Authority of Singapore (MAS) today published a consultation paper proposing a framework to strengthen the process of determining Singapore Government Securities (SGS) and MAS Bills end-of-day prices (Closing Prices). This is in line with MAS’ broader efforts to enhance the integrity of the processes for setting financial benchmarks. As of end October 2017,…
Read more
After sharing some really good monthly volumes with the public today, Cboe Global Markets, Inc. (Nasdaq:CBOE) continues to brag with its new Complex Order Options Functionality on its Cboe EDGX Options Exchange. And the company has all the rights to do it - the results speak for themselves... The expanded functionality went live on October…
Read more
ASIC announced that it has banned Mr Damien Rodr, of Sydney, from providing financial services under s920A of the Corporations Act following an ASIC investigation into trading in the shares of DirectMoney Ltd ('DirectMoney'; ASX code: DM1). Mr Rodr, a Designated Trading Representative (or 'DTR') for Bell Potter Securities Ltd ('Bell Potter'), has been banned…
Read more
The U.S. Securities and Exchange Commission today charged two individuals with defrauding elderly investors in a penny stock scheme involving Florida entertainment companies and their “Spongebuddy” product. The charges are part of the Miami Regional Office’s Recidivist Initiative which has thus far resulted in enforcement actions against 23 individuals, nine of whom also have been…
Read more
Cyprus financial regulators the Cyprus Securities and Exchange Commission (CySEC)has announced that, further to its Decision published on 11 October 2017, informs the public that, at its meeting dated 27 November 2017, it has decided to withdraw the suspension of the authorisation of the Cyprus Investment Firm Concorde Investments (Cyprus) Ltd (‘the Company’), number 189/13,…
Read more
The U.S. Securities and Exchange Commission (SEC) has announced awards of more than $8 million each to two whistleblowers whose critical information and continuing assistance helped the agency bring the successful underlying enforcement action. With this case, SEC enforcement actions involving whistleblower awards have now resulted in more than $1 billion in financial remedies ordered…
Read more