Category: Financial Services

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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asic afs license
June 01, 2020 BY Steffy Bogdanova

ASIC cancels the AFS licences of Personal Risk Management and Australian Golden Securities

ASIC also cancelled the AFS licence of Melbourne-based financial services provider and responsible entity Australian Golden Securities Ltd (formerly AFS Capital Securities Ltd) effective 21 May 2020. The Australian watchdog discovered that Australian Golden Securities did not lodge its financial and audit reports and failed to address its short comings in maintaining adequate competence and…

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moex moscow exchange
June 01, 2020 BY Steffy Bogdanova

MOEX appoints Andrey Burilov as Chief Information Officer

Yury Denisov, Chief Executive Officer of Moscow Exchange, said: Reliable and advanced IT infrastructure is the cornerstone of our future success. We are pleased to welcome a high-caliber professional to our team with great expertise in software development, building complex IT systems and leading large IT teams, as well as deep knowledge of capital markets…

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tfx japan forex click365
June 01, 2020 BY Valentina Kirilova

TFX Click kabu 365 keeps dropping in May

Equity Index Daily Futures contracts (Click kabu 365) The total trading volume of Equity Index Daily Futures contracts (Click kabu 365) was 1,054,886 ( -24.1% MoM / +16.4% YoY ) and its average daily trading volume was 50,283. Items May 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Click kabu…

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Euronext
May 29, 2020 BY Steffy Bogdanova

Euronext terminates RIE activities in the UK

The Euronext London office will not be affected by the closure of the market regulated by the current licence. After the acquisitions of Euronext FX, Commcise and Nord Pool, Euronext has boosted its staff numbers in London from 30 to 55. The company remains committed to its presence in the UK and in London as…

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