Last year, the CFTC approved rules to better protect customers of futures brokers In a stiff ruling and making an example of some sloppiness at the bank, the CFTC penalized Morgan Stanley Smith Barney LLC. The unit, a registered Futures Commission Merchant (FCM) of the bank was fined for violating CFTC rules governing secured funds…
Read more... although CME's volume metrics remain well below last year (-20%). CME Group, which runs the world's largest derivatives marketplace, announced that September FX futures volumes increased by 11% from August, averaging 825,000 contracts per day.On a year-to-year comparison, however, CME is running about 20% behind last year, when last September volumes topped 1 million contracts…
Read moreCME's 1.2 million daily FX futures contracts traded were its second best ever month. The good volume news keeps on rolling in the Forex industry... CME Group, which runs the world's largest derivatives marketplace, announced that June FX futures volumes increased by 18% from May (and by 15% from last year June) to 1.2 million. The…
Read moreOpen E Cry mainly serves the high-volume trader market.
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