Total equity index futures traded volume on SGX increased 20% MoM in June to 14.5 million contracts, the highest in three months. Nikkei 225 Index Futures lead by 54% MoM rise in traded volume to 2.23 million contracts. MSCI Singapore Index Futures traded volume grew 14% MoM, while FTSE China A50 and Nifty 50 index…
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His career begun at Natixis Commodity Markets Limited in 1995 and in 1999 became a floor dealer before moving to Natixis Asia Limited as director and head of Metals Asia in Hong Kong. He moved to Newedge Financial Hong Kong Limited in 2012 where he was director and head of metals, establishing a new team…
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The solution will utilize existing bots between the two banks for fast communication to help eliminate market frictions. It can also bring trade remediation closer to the time of execution. As a result, the benefits can also reduce price slippage for clients between the FX leg of a transaction and the equity or fixed-income security…
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Alex Yap, Senior Institutional at CFH stated: “East meets West” can give a whole new meaning to bullion trading. Spot gold in gram and Hong Kong tael quoted in US dollar and local currencies is another CFH product innovation. CFH’s new product offering targets clients trading gold denominated in different currency and unit including RMB…
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What to watch Paychex: Human resource and payroll outsourcing firm Paychex reports its latest quarterly earnings today. The $28bn market cap firm’s share price is down 8.6% year-to-date, after a 30% surge over the past three months. Analysts are expecting an earnings-per-share figure of $0.60, and overwhelmingly favour a hold rating on the stock. How…
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With volume of both buying and selling having declined, this could be the beginning of the accumulation phase of a new uptrend. Confirmation could be sought from studying behaviour around near-term resistances, primarily the 50 and 100 SMAs not far above the current price. Two crucial events this week though will mean that fundamentals are…
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Banking stocks help FTSE 100 higher London-listed shares were buoyed by positive employment figures in the US, as the UK’s biggest companies make a substantial portion of their revenues from the US. The FTSE 100 jumped 1.3%, although it is still down 17.3% year-to-date, lagging far behind the major US indices. Banking, travel and retail…
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According to ASIC regulation NXXT Trade is not a transaction permitted for an on-market buy-back. The MDP considered that Credit Suisse had failed to act in accordance with its clients’ instructions to conduct an on-market buy-back when it had entered the NXXT trades. The MDP alleges that Credit Suisse was careless as it did not…
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The New Zealand watchdog found that Business Choice Partners Group Limited claims to be recognized by the ‘national financial regulatory commission of Australia and New Zealand’, while in fact, there are no such regulatory bodies. The company's websites claim to be operated by BCP Group Limited. BCP Group Limited, however, is not associated with the websites. FMA…
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Interest Rate Futures contracts The trading volume of Three-month Euroyen futures was 27,298 ( +51.9% MoM / -70.3% YoY ) and its average daily volume was 1,241. Items Jun 2020 Trading Volume Daily Average Change on Previous Month Year on Year Change Total of Interest Rate Futures contracts 27,298 1,241 51.9% -70.3% Three-month Euroyen futures…
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