The average daily volume OTC trading dropped by 51% MoM with $8.6 billion, compared to March when it was 17.7%. Futures contracts amounted to 567,189 in April, a 19.2% MoM drop compared to 701,820 last month. The retail FX brand of Gain Capital Holdings Inc, Forex.com's Japanese business reported that on 14 April 2020 its…
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The company also failed to ensure that that the investment advice provided to its clients was suitable to their circumstances. MICBC neglected to conduct product due diligence, identify funds which constituted derivative products and ensure relevant factors were taken into account before assigning risk ratings to funds. In its decision, SFC took into account that…
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Education publisher Pearson was the biggest loser in the FTSE 100 for the day, closing 8.2% down. Again, insurers featured heavily among the biggest winners in the FTSE 250 on Wednesday, with Hiscox jumping 9.6%, and Direct Line 4.5%. FTSE 100: +0.1% Wednesday, -22.4% YTD FTSE 250: +0.7% Wednesday, -27% YTD What to watch Bristol-Myers…
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ASIC’s analysis revealed that during the focus period, on over two thirds of the days on which retail investors were net buyers, their share prices declined the following day. When retail investors were net sellers, their share prices more likely increased the next day. The analysis also observes sharp increase in the number of new…
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Refinitiv’s wealth management team will leverage its data, market insights and its Eikon solution to build a customised platform that integrates Stellan’s main technological requirements such as global access to market data, content and research, with efficient global order execution across more than 30 exchanges. Stellan will also benefit from portfolio analytics, portfolio modelling and…
Read moreNoel Quinn, HSBC’s Group Chief Executive, commented: Despite the current difficult environment engendered by the Covid-19 pandemic, we continue to take steps to implement our growth strategy. This transaction supports our ambition to accelerate growth within our Asian franchise, particularly in the dynamic and fast-growing Greater Bay Area, where we fully intend to expand in…
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New Zealand watchdog FMA found that other regulators have also cautioned about Karatbars: BaFin (German Federal Financial Supervisory Authority) Financial Sector Conduct Authority (FSCA), South African regulator British Columbia Securities Commission Autorite des Marches Financiers (AMF), Quebec Bank of Namibia (BoN) Read More: New Zealand FMA adds Techvision to its warning list New Zealand FMA…
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Items Apr 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Click kabu 365 1,390,279 64,216 -62.2% 232.0% Nikkei 225 Daily Futures contract 935,772 42,535 -61.8% 192.2% DJIA Daily Futures contract 438,853 20,898 -62.5% 402.7% DAXR Daily Futures contract 7,483 374 -73.1% 38.4% FTSE 100 Daily Futures contract 8,171 409 -73.1%…
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New Zealand watchdog FMA also reported that Techvision is not registered as a financial service provider and it is unable to offer financial services to New Zealand residents. Read More: New Zealand FMA adds accessfinancenz.com to its warning list New Zealand FMA adds MetalsWise to its warning list New Zealand FMA adds Horse Forex and Whitley…
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The FIEA also included one other important change that would impact BitMex. The sale and use of crypto derivatives, currently 80% of trading activity in Japan and the primary product offering of BitMex, would suddenly fall within the purview of the FIEA. Up to now, the Wild-West atmosphere promoted by crypto option providers has existed…
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