Category: Financial Services

CME Group
September 01, 2020 BY Steffy Bogdanova

CME Group to launch Micro E-mini Options

Some of the Micro E-mini equity futures highlights include: 186 million cumulative Micro E-mini S&P 500 future contracts added and 131 million cumulative Micro E-mini Nasdaq-100 futures contracts traded since launch. Each day, on average, 1.5 million contracts were traded in 2020 in both futures products together. 30% of the trading volume of both futures…

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NZX trading again after continued DDoS-linked disruptions
August 31, 2020 BY Steffy Bogdanova

NZX keeps trading after continued DDoS-linked disruptions

New Zealand’s National Cyber Security Centre issued a general security advisory warning of DoS attacks affecting entities in New Zealand. The NZX was forced to suspend trading last week because of the cyber attacks but today it is trading under an arrangement with the New Zealand Financial Markets Authority to keep trading even if its…

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FCA warning
August 31, 2020 BY Steffy Bogdanova

Traderschain, 4EX7 and others added to FCA's warning list

Traderschain Address: 63/66 Hatton Garden, Fifth Floor, Suite 23, London, England, EC1N 8LE Telephone: +44 02038856193; +41275083285; +41275083269; 02038854352; +41275083266; +447956127850; 02038855490; 03300540641; 02038856858; 03300540160; 03300540404; 03300540160; 02038857457; 02038856249; 03300540913; 02036953460; 02038856193 Email: [email protected]; [email protected] Website: https://traderschain.com/ 4EX7 Address: Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, Marshall Islands, MH96960 Website: www.4ex7.com Email: [email protected] Capital…

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Hong Kong SFC
August 31, 2020 BY Steffy Bogdanova

Hong Kong SFC bans former UBS advisor for eight months

Without approval from the settlor, Lo attached a signature from the settlor she obtained from a scanned version of a previous signed letter. She submitted it to the trustee as a normal valid document. The Hong Kong watchdog considers Lo’s conduct dishonest, however it takes into account she has a clean disciplinary record so far.…

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Cboe Global Markets
August 31, 2020 BY Steffy Bogdanova

Cboe Mini VIX futures daily volume exceeds 100K contracts

Mini VIX and standard VIX futures share the same contract terms but the Mini VIX are one-tenth the size of the standard contract and require less capital expenditure to gain exposure to the VIX Index. They aim to provide investors with more flexibility and precision in volatility risk management. Broad set of market participants see…

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partnership
August 27, 2020 BY Steffy Bogdanova

Finastra helps VPBank migrate to a new treasury system and grow its financial market division

Fusion Kondor allows banks to trade high volumes of treasury while also offering flexibility to support more complex derivatives, options and structured trades. The solution’s integration with existing systems and applications is easy. Fusion Risk offers a fully automated, end-to-end IFRS9/CECL solution. It is integrated with Finastra’s core banking, lending and trading solutions. It also…

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Hong Kong SFC
August 26, 2020 BY Steffy Bogdanova

The Hong Kong SFC bans CITIC former relationship manager

TS’O gave the customers false receipts and the additional amount they paid went into his pocket. Subsequently, TS’O was convicted of seven counts of fraud on 7 January 2019.  On 21 January 2019, he was sentenced to six months imprisonment, he was also suspended for two years and was ordered to make restitution to the…

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FCA warning
August 26, 2020 BY Steffy Bogdanova

FX educational company SO FX and others added to FCA's warning list

Vandebeek Wealth Management (Clone of an EEA Authorised firm) Address: 280 High Holborn, London WC1V 7EE Telephone: 02080897180 Email: [email protected], [email protected] Website: www.vandebeekwm.co.uk FXGrow Capital (clone of FCA authorised firm) Address: Paddington Railway Station (PAD), London, Greater London W2 1HQ Telephone: 0097145864211 Email: [email protected] Website: https://fxgrowcapital.com/ SO FX Address: Roman Landing, 35-37 St Mary's Place,…

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