Category: Financial Services

Cboe
April 24, 2023 BY Steffy Bogdanova

Cboe Global Markets introduces 1-day volatility index

Ed Tilly, Chairman of the Board and CEO of Cboe Global Markets, said: We are committed to continuing to innovate in the volatility space and we believe the VIX1D Index will be a complementary addition for market participants seeking to better understand current equity market volatility or as they employ different trading strategies. The development…

Read more
CFTC
April 24, 2023 BY Steffy Bogdanova

CFTC charges 14 FX dealer firms for fraudulent registrations claims

The US regulator seeks a cease-and-desist order against the firms from violations of the Commodity Exchange Act (CEA) and CFTC regulations. CFTC’s complaint detailed that these entities have claimed to be registered FCMs and RFEDs and members of NFA since January 2023. Twelve of the companies claim to have an identical NFA identification number and…

Read more
Australia
April 17, 2023 BY Steffy Bogdanova

Sophisticated scams on the rise: Australians lose record AU$1.5 billion to investment scams in 2022

She said: As scammers become increasingly sophisticated in their tactics, it is clear a coordinated response across government, law enforcement, and the private sector is essential to combat scams more effectively. The number of scam reports received by Scamwatch reduced by 16.5% last year to 239,237, while the financial losses increased by 76% to over…

Read more
Euronext
April 12, 2023 BY Steffy Bogdanova

Euronext’s FX trading volumes up by 26% MoM in March 2023

The average daily volume in FX for last month came in at $22.6 billion. Compared to February’s $20.6 billion, this was also a 9.7% MoM increase. Total Cash Market numbers in March stood at $292.0 million, up by 22.7% MoM compared to previous month. On yearly basis, the exchange saw a 25.3% decrease. Derivatives markets…

Read more
Goldman Sachs
April 11, 2023 BY Steffy Bogdanova

CFTC slaps a $15 million fine on Goldman Sachs

According to CFTC’s filling, Goldman made transactions of dozens of “same-day” equity index swaps with US-based clients in 2015 and 2016. The "same-day" equity index swap involves striking the equity leg on the day that the other key terms of the swap are agreed upon, instead of the following day, which is the usual practice.…

Read more
Cboe
April 06, 2023 BY Steffy Bogdanova

Cboe FX sees spot FX ADV of $43.9 billion in Q1

Cboe European Derivatives Exchange (CEDX) in turn reported 6,574 contracts last month, surpassing the previous record of 3,824 contracts in January 2023. The company's pan-European clearing house, Cboe Clear Europe, cleared a record 8 million trades on Euronext's stock exchanges in Amsterdam, Brussels, Paris, Lisbon, and Milan under the preferred clearing model. Cboe FX According…

Read more
April 05, 2023 BY Steffy Bogdanova

CME Group hits record high ADV in March and Q1

March Performance During last month, Interest Rate ADV increased 40% on yearly basis The Group saw record numbers of contracts traded in March with Secured Overnight Financing Rate (SOFR) futures reached a record ADV of 5,158,969 contracts on 9 March. The marketplace’s SOFR options ADV hit at a record 2,943,422 contracts on the same day.…

Read more
Deutsche Börse
April 04, 2023 BY Steffy Bogdanova

Deutsche Börse’s cash markets turnover up nearly 24% in March

Trading volumes on Börse Frankfurt in March 2023 came in at €3.79 billion (February 2023: €2.93 billion). Last month, Equities on Deutsche Börse generated €116.44 billion and trading in ETFs/ETCs/ETNs accounted for €21.43 billion of the turnover. Bonds recorded €1.05 billion, certificates €1.24 billion and funds brought in €0.05 billion. Allianz SE was the DAX…

Read more