Euronext, the pan-European exchange in the Eurozone, today announced trading volumes for April 2017. The April 2017 average daily transaction value on the Euronext cash order book stood at €8,458 million up 21.7% compared to April 2016 and up 14.4% from the previous month. April was the fourth consecutive month of volume increase and the…
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The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the District of Arizona against Cory Williams of Gilbert, Arizona, and his company, Williams Advisory Group (WAG) (collectively, Defendants), charging them with defrauding 40 investors out of at least $13 million in connection…
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Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…
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Moscow Exchange (MOEX) just announced that in April 2017 total trading volumes across the exchange's markets amounted to RUB 70.9 trln. Turnover grew: on the Money Market up 20.2% YoY, Equity and Bond Market up 17.9% and FX Market up 9.5%. More detailed information on MOEX' total trading volumes can be seen below: Equity and…
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Bats, a CBOE Holdings, Inc. (NASDAQ: CBOE) company today welcomed VelocityShares® branded ETNs to the Bats ETF Marketplace. The VelocityShares 1x Long VSTOXX Futures ETN (Bats: EVIX) links Long Securities to the VSTOXX Short-Term Futures Investable Index (the "Long Investable Index"). The Long Investable Index replicates the performance of a long position in [constant-maturity one-month…
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On 2 May 2017 the Administrative Appeals Tribunal (AAT) upheld ASIC's decision that Mr Michael Roger O’Sullivan of Sydney be disqualified from managing corporations for five years and from providing financial services for seven years. The AAT qualified the five-year disqualification decision by permitting Mr O'Sullivan to remain as a director of three private companies,…
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Intercontinental Exchange (NYSE: ICE), the global network of exchanges and clearing houses and provider of global data and listing services, today reported financial results for the first quarter of 2017. For the quarter ended March 31, 2017: consolidated net income attributable to ICE was $502 million on $1.2 billion of consolidated revenues less transaction-based expenses.…
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Global capital market relief at the result of the first round of the French election prompted rallies in equity markets around Europe, while fixed income markets also saw sharp corrections. The moves provided the primary driver for strong increases in volumes in some of Eurex’ newest derivative products, with volatility derivatives being the standout performer.…
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The U.S. Commodity Futures Trading Commission (CFTC) filed an enforcement action in the U.S. District Court, Northern District of Illinois, charging Defendant, William H. Powderly IV (Powderly) of New Hope, Pennsylvania, with fraudulently soliciting at least $825,000 from at least four customers for purposes of trading commodity futures on their behalf in an account in…
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The Securities and Exchange Commission (SEC) announced that a company insider has earned a whistleblower award of more than $500,000 for reporting information that prompted an SEC investigation into well-hidden misconduct that resulted in an SEC enforcement action. This company employee saw something wrong and did the right thing by reporting what turned out to…
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