Horwitz and 1inMM allegedly promised investors more than 35% in returns and for years paid presumed returns on earlier investments with money from new investments. The SEC claims that Horwitz misappropriated investor funds for his personal use. He purchased a multi-million-dollar home, trips to Las Vegas, and to paid a celebrity interior designer. Michele Wein…
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The announcement said: Total combined volume at Cboe Global Markets' four options exchanges set a new monthly volume record with 266 million contracts traded. Total options volume also set a new quarterly volume record with 773 million contracts traded in the first quarter of 2021. U.S. Equities – Exchange Matched ADV fell 11% MoM but…
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Derivatives Market Derivatives Market volumes saw a significant increase of 36.7% to reach a record RUB 16.4 trillion (February 2021: RUB 12.0 trillion) or 221 million contracts (February 2021: 162.2 million), of which 5.2 million contracts were options and 216.7 million contracts were futures. ADTV was RUB 747.0 billion (February 2021: RUB 599.9 billion). By…
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The incorrect fees have been found to be a result of manual errors executed by CBA staff members, as well as improperly configured or inadequate processes and systems which dismissed the fact that a vast number of customers were entitled to waivers on any fees. CBA was also found to have produced misrepresented justifications of…
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Both part of Deutsche Börse Group, Eurex and Qontigo, have teamed up to offer factor investors an easy, transparent and cost-efficient alternative to trading the underlying equities or using OTC instruments. Stephan Flaegel, Global Head of Indices and Benchmarks, Qontigo said: Our STOXX Industry Neutral Ax Factor Indices suite relies on commercially accepted and academically…
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The additional STOXX TRFs are appealing to the banks because of their need to hedge their structured products with underlying equities. The advantage of Eurex’s Total Return Futures is that they synthetically replicate the returns of the underlying index equities without the need to own the shares. Randolf Roth, Member of the Executive Board at…
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FCA’s statement said: Unauthorised investment advice exposes consumers to the risk of substantial losses because the adviser has not met the FCA’s tests of competence and fitness; nor do consumers have access to the Financial Ombudsman Service or the Financial Services Compensation Scheme if things go wrong. The court ordered Maricar to pay restitution in…
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findyourbonds.com Address: 148 Middle Park Avenue London SE9 5SD Email: [email protected] Website: findyourbonds.com FXGbp Markets Address: Greencoat Place, Westminster, London, SW1P 1PL Telephone: +442037694830; +447459930776; 07770485623; 01828 686798 Email: [email protected] Website: https://fxgbpmarkets.com smarterinvestingbonds.com Address: 65 Sywell Road, Overstone, Northampton, England, NN6 0AG Email: [email protected] Website: smarterinvestingbonds.com Fixed Income Solutions Telephone: 02038077188; 0208089657; 02038134086; 02080895673; 02002224451…
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The announcement said: The high level of trading activity on the exchanges boosted the contribution from the Securities & Exchanges business unit (+11.7%), supported by the fact that SIX enjoyed a market share of almost 100% in the trading of Swiss equities, with EU equivalence remaining suspended. The Group also highlighted the contribution of the…
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Additionally, a random cutoff mechanism is set to be introduced to the POS and pre-open allocation session to all relevant products in the derivatives market. This will include both morning and afternoon sessions. These changes will be implemented in order to prevent the chances of gaming strategies occurring when manipulating the Calculated Opening Price at…
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