Category: Financial Services

fca warning
June 03, 2020 BY Steffy Bogdanova

Thortons Global, JCAM Investments Limited and others added to FCA warning list

Thortons Global Address: 13 Hanover Square, Westminster, London, United Kingdom, W1S 1JD Telephone: 02036274861; 08000662141 Email: [email protected]; [email protected] Website: www.thortonsglobal.com JCAM Investments Limited (clone of authorised firm) Telephone: 02077887361 Firm Name: JCAM Investment Ltd Firm Reference Number: 586545 Address: 4th Floor East Eagle House, 108-110 Jermyn Street, London, SW1Y 6EE Telephone: 02034684920 Email: [email protected] Horizon…

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moex moscow exchange
June 03, 2020 BY Steffy Bogdanova

Moscow Exchange reports 29% MoM decline in May volumes

Derivatives Market RUB 7.6 trillion (RUB 10.4 trillion for April 2020) are attributed to derivatives and market volumes, registering almost a 27% decline. Contracts were 137.3 million, down almost 40% MoM (RUB 227.9 million contracts for April 2020). Of these futures account for 133.2 million, and options for 4.1 million. ADTV was RUB 400.7 billion,…

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June 03, 2020 BY Steffy Bogdanova

HKEX to launch Silver Futures contracts

The new addition to HKEX’s existing metals products will provide investors and risk managers in the region with a new tool for trading, hedging and asset allocation and further strengthen Hong Kong’s status as an international financial hub. In July 2017, HKEX launched its first deliverable precious metals contracts, the USD and CNH denominated gold…

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CME Group
June 03, 2020 BY Steffy Bogdanova

CME Group reports 17.9 million contracts for May

The company’s monthly metrics highlights from May include Interest Rate ADV of 8.2 million contracts. Equity Index ADV registered 5.2 million contracts, up by 23% YoY. Micro E-mini Equity futures traded 252 million contracts, across all four indices, since their May 2019 launch and E-mini Russell 2000 futures ADV grew 39%. Options ADV were 2.5…

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June 02, 2020 BY Steffy Bogdanova

SIX adds HANetf as ETF issuer and launches first medical cannabis ETF

Through the new ETFs at SIX, HANetf provides investors with exposure to five equity-themed products, while investing in companies with a promising growth profile. The new ETFs range from e-commerce, cloud technologies, medical cannabis and wellness. The underlying indices reflect stocks targetting long-term, social and technological megatrends. RBC Europe provides liquidity for the 5 ETFs…

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Deutsche Börse
June 02, 2020 BY Steffy Bogdanova

Deutsche Börse reports 7.5% MoM decline in trading volumes

Divided by class of asset, equities generated around €139.9 billion. Trading ETFs/ETCs/ETNs earned €18 billion. The trading volume in bonds was €0.4 billion, in certificates €1.4 billion and in funds €0.2 billion. SAP SE achieved the highest volume from the DAX stock on Xetra in May with €7.2 billion. TeamViewer AG led the MDAX equities…

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FCA bans sale of crypto-derivatives to retail consumers
June 02, 2020 BY Steffy Bogdanova

FCA bans Cypriot firms Hoch Capital, Magnum FX, Rodeler and F1 Markets from offering CFDs in the UK

FCA’s actions came as a response to insufficient information to the nature of the investments, some of the investors were pressured into making increasingly large investments in CFDs, which referenced bitcoin, foreign exchange, shares and indices. In some cases, investors were even encouraged to take out credit to make the payments. The firms also failed…

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CySEC fines
June 01, 2020 BY Steffy Bogdanova

CySEC fines Indication Investments Ltd for €160,000

CySEC also found that the company may have violated European Securities and Market Authority’s decisions regarding the provision of maximum leverage to retail clients, up to 1:30, at specified products and the margin close-out protection, a requirement to market, distribute or sell CFDs to retail clients. Indication Investments and CySEC reached a settlement regarding the…

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