News Centre

FXCM Now Offering Free SMS Trade Alerts

Date 09/09/2020

FXCM Group, LLC (“FXCM Group’ or ‘FXCM’), a leading international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services have announced the launch of their new service that provides free SMS Trading Alerts to help users spot potential trading opportunities.  

Shanghai Futures Exchange: Announcement On Designated Factories Of Bleached Softwood Kraft Pulp

Date 09/09/2020

In accordance with Designated Delivery Warehouse Rules of the Shanghai Futures Exchange and Bleached Softwood Kraft Pulp Factory Delivery Rules of the Shanghai Futures Exchange（Trail）, we hereby approve Xiamen C&D Paper Co., Ltd. (“C&D Paper”), Zhejiang Yongan Capital Management Co., Ltd. (“ Yongan Capital”) and Jinyi Trading (Shanghai) Co., Ltd. (“Jinyi Company”) to be the designated factories of bleached softwood kraft pulp (“designated factory”).

Access Worldpay Opens The Door To Leading-Edge Payment Options For Global Merchants

Date 09/09/2020

UK CFD Pioneer Infinox Unlocks Forex Futures Trading In South America

Date 09/09/2020

• Infinox appointed as market maker for forex futures by Brazil’s B3 exchange
• Venture marks a new direction for Infinox, which has led the way in worldwide CFD brokerage for more than a decade
• The B3 - or Brasil Bolsa Balcão - is the world’s third largest derivatives exchange, with a market cap of over £500bn 

Nigerian Stock Exchange Intensifies Efforts To Introduce Derivatives To The Nigerian Capital Market

Date 09/09/2020

As investors anticipate the launch of Derivatives trading in the Nigerian capital market, The Nigerian Stock Exchange (NSE or The Exchange) continues to lay the ground work to build a standardized derivatives market. Part of these efforts include capacity building sessions such as the virtual derivatives workshop which held on Tuesday, 08 September 2020. The training was themed, Adopting Derivatives During Stressed Market Conditions and featured a special presentation from Charlie Rubin, Derivatives Consultant at C-Rubin Futures, and former Senior manager of the New York Stock Exchange, and New York Futures Exchange.

New Opportunities At DIFC Through Expanded Prescribed Company Regime

Date 09/09/2020

• Expanded Prescribed Companies Regime available to wider range of applicants
• The expansion aligns with international best practices and local market requirements

Vela Expands Fixed Income Offering With Fenics UST - Adds To DMA Platform With US Treasuries Market Coverage To Include Cash And Derivatives

Date 09/09/2020

Vela, a leading independent provider of data and execution technology for global multi-asset electronic trading, today announced the addition of Fenics US Treasuries (Fenics UST), owned and operated by BGC Financial, to its fully-hosted and managed Direct Market Access (DMA) Platform. With Fenics, Vela expands its Fixed Income offering providing global clients with access to cash and derivatives trading venues via a single platform.

LuxSE Welcomes Saxo Bank As Trading Member

Date 09/09/2020

The Danish fintech leader Saxo Bank A/S and the Luxembourg Stock Exchange (LuxSE) today celebrated Saxo Bank’s new status as a Trading Member of LuxSE.

ASIC Updates The Fees And Costs Disclosure Regime - Providing Greater Clarity On Obligations Of Superannuation And Managed Investment Product Issuers

Date 09/09/2020

In November 2019, ASIC released a major update of Regulatory Guide 97 Disclosing Fees and Costs in PDSs and Periodic Statements, to achieve better outcomes for consumers by providing greater clarity on disclosure obligations for product issuers of superannuation and managed investment products. ASIC has since made further minor amendments to RG 97 and the associated legislative instrument including implementation timing, due to COVID-19. Jane Eccleston, ASIC’s Superannuation Senior Executive Leader, provides an overview.

Shanghai Futures Exchange: Circular On Storage Fees For Designated Bleached Softwood Kraft Pulp Factory Warehouses

Date 09/09/2020

In accordance with the Delivery Rules of Shanghai Futures Exchange and Bleached Softwood Kraft Pulp Futures Factory Delivery Rules of the Shanghai Futures Exchange（Trail） and other relevant regulations, the storage fees for designated bleached softwood Kraft pulp futures factories are stipulated as follows:

1. Warehouse rental: RMB 0.8 yuan/ton•day.
2. Warehouse exit fee: RMB 20/ton.
3. Other fees, such as port charges, port construction fees, dock loading and unloading fees, etc., shall be collected by the relevant agencies from the owner of the pulp when it leaves the warehouses in accordance with the current charging standards.