Search Results for: Ava Trade
Cotton rally frays. But soybean prices hold firm
May 16th, 2017
The previous time, before Monday that is, that spot cotton futures set a record high for trading volumes augured poorly for prices. That was in November 2010, when volumes hit 101,516 contracts (which stood as the highest until the ...
CLS FX trading activity of April down 5 percent than in March 2017
May 16th, 2017
CLS FX trading activity1 – April 2017 In April 2017: The average daily traded volume submitted to CLS was USD1.52 trillion down 5.0 percent from USD1.60 trillion in March 2017. April 2016 March 2017 April 2017 Average daily traded volume submitted ...
Digital currency, the Airbnb and Uber killer
May 15th, 2017
Ride-sharing app Uber experienced a setback on Thursday (11 May), as a top EU lawyer of the European Court of Justice (ECJ) stated in an opinion that the company can be regulated as a transport business, instead of an ...
Update on Brexit
May 14th, 2017
This article looks at the background to Brexit negotiations and concludes that Britain is negotiating from a position of strength, while the EU is increasingly in a position of financial difficulty. Not only will the European Commission be forced ...
International law firm former partner Charged in $1 Million insider trading scheme
May 12th, 2017
The Securities and Exchange Commission today charged a former partner at an international law firm and his neighbor with making more than $1 million in illicit profits by insider trading around corporate announcements. The SEC alleges that Walter C. ...
Federal Court makes order to limit operation of Melbourne-based financial services business
May 9th, 2017
ASIC has obtained an order which requires financial services business “Yes FS” to change how it deals with its clients until the trial of proceedings for alleged breaches of the Corporations Act and ASIC Act, including breaches of the ...
Monex Group released business metrics of April 2017
May 8th, 2017
Monex Group has issued today a press release to disclose its business metrics for the month April 2017. According the announcement: Monex Group, Inc. (TSE 8698, Oki Matsumoto, Representative Executive Officer and CEO) today reported the following monthly business ...
Business cycles are credit cycles
May 7th, 2017
This article gets to the heart of why central banks’ monetary policy will never succeed. The fundamental error is to regard economic cycles as originating in the private sector, when they are the consequence of fluctuations in credit. It ...
Year 2018 will come with significant changes in the rules for systematic internalisers, MiFID II and MiFIR
May 3rd, 2017
On 3 January 2018, significant changes in the rules for systematic internalisers will enter into force together with the revised Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR). While the directly applicable ...
DTCC repo clearing services gain regulatory approval
May 3rd, 2017
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that the Securities and Exchange Commission (SEC) has approved rule changes allowing its Fixed Income Clearing Corporation (FICC) subsidiary ...
