Category: Financial Services

Cboe Global Markets
March 04, 2022 BY Steffy Bogdanova

Cboe sees record volumes of 250.9 million contracts in February

In February, Global FX ADNV increased almost 15% on yearly basis. On 25 February MSCI EAFE Index (MXEA) options set a newly daily volume record with 6,793 contracts traded that day. The company said: Cboe BIDS Canada, Cboe's new Canadian equities block-trading offering, successfully launched on February 1 with strong buy-side demand. Cboe Periodic Auctions…

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Deutsche Börse
March 01, 2022 BY Steffy Bogdanova

Deutsche Börse turnover in February reaches €205.4 billion

Equities on Deutsche Börse generated €169.7 billion in February 2022 and trading in ETFs/ETCs/ETNs accounted for €33 billion of the turnover. Bonds accounted for €0.4 billion, in certificates €1.8 billion and in funds €0.3 billion. SAP SE was the DAX stock with the highest turnover on Xetra last month with €6.9 billion. Commerzbank AG led…

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February 28, 2022 BY Steffy Bogdanova

FCA slaps Barclays with a £783,800 fine

Barclays served as Premier FX’s sole banker in the UK. The bank failed to identify that Premier FX’s internal controls were deficient and because of that, failed its due diligence conduct. Mark Steward, Executive Director of Enforcement and Market Oversight, said: Premier FX, which handled money on behalf of other people, presented particularly high risks…

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finra
February 25, 2022 BY Steffy Bogdanova

FINRA fines Barclays $350K for market access controls failures

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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HKEX
February 24, 2022 BY Steffy Bogdanova

HKEX sees HK$12.54 billion annual profits in 2021

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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Admirals
February 23, 2022 BY Steffy Bogdanova

Estoninan regulator slaps Admiral Markets with €20,000 fine for reporting errors

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
February 21, 2022 BY Steffy Bogdanova

Eurex expands offering with MSCI derivatives

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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TMX
February 21, 2022 BY Steffy Bogdanova

TMX Group invests in ETFLogic

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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