As result, Barclays the routed 19,500 orders for 2,500,000 contracts to the market unchecked. Of those 9,500 orders for 1,125,000 contracts were executed. Additionally, the firm did not prevent the entry of erroneous orders of a total of $11.8 million, rather than the intended $118,000. The company has accepted FINRA’s monetary penalty but has not…
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Nicolas Aguzin, Chief Executive Officer said: HKEX had a strong year in 2021, despite a turbulent macro backdrop and the ongoing pandemic. Revenue and other income, and profit both reached record highs. Turnover on our Cash Market and volumes on both Stock Connect and Bond Connect achieved new highs, helping to offset the impact of…
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Many companies in the retail industry use the services of third-party firm for these reporting tasks. Admiral Markets AS also uses assistance of qualified and professional service providers for reporting. Admiral Markets stated: The company has made every effort to properly comply with its reporting obligations and to correct any errors identified in cooperation with…
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Eurex and MSCI partnered in 2008 and since then over 100 million contracts have been traded. At the start of 2022, the exchange hit record numbers as it traded 290,810 MSCI options in January. Eurex stated: Two additional ESG indices will be covered with futures: MSCI Europe ESG screened and MSCI EMU ESG screened. Those…
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ETFLogic's flagship product, LOGICLY was founded in 2017. It integrates multi-asset research such as ETFs, mutual funds, and stocks, AI-powered portfolio analysis, optimization, and trading analytics into a web-based portfolio management trading platform. Through the tools LOGICLY offers, wealth advisors can better screen and compare products for their clients, analyze a fund's risk and exposure,…
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The regulator also alleges that Feist failed to get to know and understand Interactive Broker’s AML program and did not even supervise the company’s AML analysts. FINRA highlighted: While he was AMLCO, Feist learned about, but failed to recognize the import of, facts that should have alerted him that Interactive Brokers' AML program was not…
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SGX said: There was reduced volatility in the renminbi (RMB) ahead of the Lunar New Year holidays, with the traded volume of SGX USD/CNH Futures declining in tandem. However, month-end open interest of the contract gained 12% m-o-m to more than US$11 billion, signaling its growing adoption as a hedging tool. The SGX contract is…
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The company’s EBITA for 2021 was €752.8 million, registering a 44.8% increase compared to the previous year with a margin of 58.0%. The Group saw net income of €413.3 million, up 31% compared to 2020. The adjusted earnings per share were €5.47, increased by 17.2%. Stéphane Boujnah, Euronext’s CEO and Chair, commented: Euronext delivered a…
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Clearing and transaction fees revenue for the final quarter came in at $949 million. Market data revenue for the same period was $142 million. The revenue for the full year in turn, was $4.7 billion. Operating income reached $2.6 billion, while net income stood at $2.6 billion, with diluted EPS at $7.29. The adjusted net…
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The new solution also offers full trade traceability from issuer to market to isolate degraded decision and transmission latencies, transaction completeness monitoring and reconciliation across inter and intra-plant to detect lost messages and discrepancies in real-time. Clients can also benefit from live order state monitoring to track open position, close open orders and reconcile client/market…
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