Adam Vettese, UK Market Analyst at eToro, has provided his daily commentary on traditional and crypto markets for January 7, 2020. Morrison's kicked off the Christmas trading updates for UK supermarkets this morning with a gloomy warning which revealed falling sales and a challenging outlook. The group said like-for-like sales for the first 22 weeks…
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Tokyo Financial Exchange (TFX) has released its trading volumes report for the month of December 2019. You can see the highlights below: FX Daily Futures contracts (Click 365) The total trading volume of FX Daily Futures contracts (Click 365) was 1,669,741 ( +15.0% MoM / -30.8% YoY ) and its average daily trading volume was…
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Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has announced yesterday that it has publicly reprimanded Sunzen Biotech Berhad (SUNZEN) and 2 of its executive directors, for breaches of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR). The company's 2 executive directors Datuk Hong Choon Hau and Lim Eng Chai were also fined RM50,000…
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Spread betting and CFD provider, CMC Markets, has today launched a third series of its The Artful Trader podcast. The podcast was initially developed for the Australian market, but as a result of this positive reception, the content will now be promoted globally. Each episode focuses on a high-profile guest, where they provide a unique…
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More news from Singapore today, as Singapore Exchange (SGX) has just announced that it has added Orient Futures International (Singapore) Pte. Ltd. as a Trading and Clearing Member to its derivatives market. SGX’s derivatives market now has 65 Trading Members and 26 Clearing Members. Orient Futures International is a wholly owned subsidiary of Orient Futures Co.,…
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Hong Kong Exchanges and Clearing Limited (HKEX) has just announced that it has added Daisy Cheung to its Risk Management Committee (Statutory) (RMC). Daisy Cheung is the new chairman of the Hong Kong Interbank Clearing Limited (HKICL) and her appointment has been made in accordance with the Securities and Futures Ordinance. Cheung replaced Gao Yingxin, the…
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Singapore Exchange Regulation (SGX RegCo) has announced today that it has set up a working group of industry professionals and investors to review the retail bonds regulatory framework. The group will discuss matters such as the admission criteria for retail bond listings, the continuing obligations of issuers of such bonds, and ways to protect bondholder…
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China is introducing a Password Law at the very start of 2020 to promote digital currencies and their adoption. The ultimate goal is to allow the technology of blockchain to thrive and set a legal framework for the issue of digital blockchain-based RMB. According to press, China passed a password law in 2019 (October) that…
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Huobi Indonesia has announced that it has launched a local fiat gateway to enable a direct fiat-to-crypto trading facility between the Indonesian Rupiah (IDR) and Tether (USDT). Indonesian investors will now be able to use the local fiat currency to trade over 250 cryptocurrencies available on Huobi Indonesia's digital asset exchange. Local customers can now…
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The Hong Kong Securities and Futures Commission (SFC) has announced that it has fined FIL Investment Management (Hong Kong) Limited (FIMHK) HK$3.5 million for regulatory breaches including unlicensed dealing in futures contracts, delay in reporting the breach to the SFC as well as submitting incorrect information during an application. According to the regulator, the company…
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