The exchange stated: Also, in its listed business Eurex saw a good start into the new year. In terms of traded contracts, equity index derivatives stood out in particular, growing by 6 percent year-on-year to 65.7 million in January. Interest rate derivatives contracts traded also grew – by 4 percent to 45.2 million year-on-year. Equity…
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This customer had started placing suitcases full of cash in a safe deposit box at Credit Suisse. He was later shot dead in 2005. The prosecutors believe that Banev and his associates used a practice called smurfing. This entails breaking down a large sum of money into smaller amounts, which are below the AML alert…
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Trading of tokenised funds The partnership will enable trading of tokenised, actively managed funds, specifically UCITS (Undertakings for Collective Investment in Transferable Securities) funds. The UCITS trading is planned to launch in 2022. Founder and CEO of Investre Georges Bock explained: Our vision is to have tokenised funds traded online and, one day, to trade…
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Details of the fraudulent scheme The CFTC alleges that W Trade Group and Ramos have misappropriated over $19 million from 220 customers. To maintain the scheme, W Trade Group and Ramos sent customers false account statements showing them purported profits and trading activity, when in fact there was none. The other defendant, Carvajales, conjunction with…
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In January, the total trading volume on the Equity and Bond Market reached RUB 5 trillion and jumped 62.6% YoY. Trading volume in RDRs, shares, and investment fund units increased by 87.4% MoM to RUB 4.21 trillion. Demand on the derivatives market on MOEX also rose with 43.4% to RUB 16.7 trillion. 209.8 million contracts…
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The company also said: Total market share for Cboe's four U.S. equities exchanges increased to 14.5 percent in January, up from 13.3 percent in December 2021. Cboe's four U.S. equities exchanges accounted for approximately 17.5 percent of total U.S. ETP trading volume during January, up from 16.5 percent in December 2021. The figures in EU…
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During last month, Interest Rate ADV rose 33% with record SOFR futures open interest (OI) of 3,040,896 contracts, registered on 31 January. The Group also saw record ADV of 731,126 contracts, an increase of 253% and 645%, respectively, year-over-year CME Group also reported Options ADV increase of 39% and Energy ADV of 7% YoY. Regarding…
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Details of the fraud The US regulator alleges that defendants misappropriated funds from the pool participants and used them to pay personal expenses and to trade commodity futures and options in personal trading accounts. The trading was unprofitable and resulted the pool participants ended up losing money. However, the defendants falsely informed them their investments…
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With its acquisition, Paysafe gains further access in the fast-growing Latin American eCommerce market, where merchants and consumers have growing interest in using use eCash solutions to transact online. With SafetyPay’s network of bank relationships in Latin America, Paysafe is positioned to take part in the open banking market through integrating further its services and…
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CFTC alleges that the ROFX website claimed to trade forex using a highly successful automated trading robot with guaranteed coverage of losses. More than 1,100 customers opened trading accounts through the website and deposited their money in the name of one or more of the companies, all controlled by the individual defendants. All of the…
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