Category: Financial Services

October 03, 2017 BY Valentina Kirilova

EEX sets new records in Phelix-DE and EUA Futures in September

In September 2017, the European Energy Exchange (EEX) achieved a total volume of 265.8 TWh on its power derivatives markets (September 2016: 373.3 TWh). The September volume comprised 139.2 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC). In the…

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Moscow Exchange MOEX
October 03, 2017 BY Valentina Kirilova

GBP/USD and USD/JPY FX options begin trading on MOEX

Moscow Exchange (MOEX) just announced that as of 2 October 2017, options on GBP/USD and USD/JPY FX futures contracts have begun trading on the Moscow Exchange Derivatives Market. Only one quarterly option series will be traded at any single time. Options will expire on the third Wednesday in March, June, September and December, with the…

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clone firm FCA warning
October 03, 2017 BY Valentina Kirilova

FCA warns against Lend Mutual clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Lend Mutual. 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…

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warning
October 03, 2017 BY Valentina Kirilova

Belgium regulator FSMA warns against Five Winds Asset Management and QW Lianora Swiss Consulting SA

The Financial Services and Markets Authority (FSMA) issued a warning today against the irregular activities of Five Winds Asset Management and QW Lianora Swiss Consulting SA. These companies offer investment services in Belgium without respecting the Belgian financial legislation. According to the regulator, Five Winds Asset Management and QW Lianora Swiss Consulting SA are not…

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fma warning
October 03, 2017 BY Valentina Kirilova

CONSOB suspends Questra World, Questra Holdings and Atlantic Global Asset Management

The National Commission for Companies and the Stock Exchange (Commissione Nazionale per le Società e la Borsa – CONSOB) announced that has adopted two measures prohibiting the advertisement of the public offer promoted by the companies Questra World, Questra Holdings and Atlantic Global Asset Management, concerning financial investments. This is due to the fact that…

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Abu Dhabi Securities Exchange launches its new digital platform Sahmi
October 03, 2017 BY Valentina Kirilova

ADX meets with AmCham to discuss investment opportunities in the Abu Dhabi Securities Exchange

Rashed Al Blooshi, Chief Executive of the Abu Dhabi Securities Exchange (ADX) recently hosted a briefing about ADX at the American Chamber of Commerce, Abu Dhabi (AmCham). The session introduced attendees to the operations of the exchange, its vision moving forwards and the investment opportunities available. Attendees included a number of AmCham’s members, as well…

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SEC charges nine hackers and traders in Edgar hacking case
October 02, 2017 BY LeapRate Staff

SEC beefs up security around EDGAR filing system following 2016 cyber intrusion

SEC Chairman Jay Clayton today provided an update on the status of the agency’s review and investigation of the 2016 intrusion into the EDGAR system. In addition to updating previous disclosures, today's announcement also includes additional information on the agency’s efforts to strengthen its cybersecurity risk profile going forward. The ongoing staff investigation of the…

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Deutsche Börse volumes
October 02, 2017 BY Valentina Kirilova

Deutsche Börse releases September's turnover, Xetra's Average Daily Volume up 10% YoY

Order book turnover on Deutsche Börse cash markets totalled €117.7 billion in September (September 2016: €109.1 billion, August 2017: €116.2 billion). Of the €117.7 billion, €107.3 billion were attributable to Xetra (September 2016: €100.8 billion) and €3.4 billion to Börse Frankfurt (September 2016: €3.3 billion). Order book turnover on Tradegate Exchange totalled €7.0 billion (September…

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October 02, 2017 BY Valentina Kirilova

SIX Securities Services goes live to report derivatives transactions in Switzerland

Six months after receiving approval from FINMA, the Swiss trade repository service provided by SIX Securities Services officially went live. The vast majority of the large financial counterparties in Switzerland (classified as FC+), starting their reporting obligations in the first phase today, decided in favor of the SIX Securities Services solution and are set up…

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