Binance to Close Down Derivatives Services for South African Users – CryptoPotato
Binance users based in South Africa will have until January 6th next year to manually close their derivatives positions as the exchange is halting these services. This is the latest action by the world’s leading crypto trading platform in its efforts to comply with local regulators. As announced earlier on October 8th, Binance has alerted […]
Shanghai Maintains Global Finance Hub, Multinational Players Encouraged to Innovate in Expanding Sector – Yahoo Finance
SHANGHAI, CHINA / ACCESSWIRE / October 8, 2021 / Global financial service providers are positive about development in Shanghai with the city government setting higher goals in building itself into an international financial center during the 14th Five-Year Plan (2021-25). Shanghai is set to be a strategic link between the domestic and international markets during […]
Binance Stops Offering Derivatives, Leveraged Tokens in South Africa – Finance Magnates
Binance continues to curb its derivatives offering and has recently targeted its South African services. It has ceased the offering of crypto futures, options, margins and leveraged tokens to South African users, the exchange announced on Friday. “With immediate effect, South African users will be restricted from opening new accounts for these products,” the exchange […]
CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report – Cointelegraph
Bitcoin (BTC) derivatives traders on the Chicago Mercantile Exchange (CME) missed out on incredible profits as BTC’s spot price smashed through $55,000 this week. Retail investors reduced their long exposure across the Bitcoin futures and options markets in late September, according to data shared by Ecoinometrics. The amount of open short positions also climbed, indicating that […]
ISDA releases new standard definitional booklet for interest rate derivatives – Financial Regulation News – Financial Regulation News
The International Swaps and Derivatives Association (ISDA) has issued a new standard definitional booklet for interest rate derivatives. © Shutterstock The 2021 ISDA Interest Rate Derivatives Definitions is designed to ensure ISDA’s documentation keeps pace with changes in market practice, regulation, and technology. This represents the first major overhaul of the definitional booklet since 2006, […]
Why Warren Buffett Trades In Derivatives And Why You Shouldn’t – Yahoo Singapore News
Today, as more retail investors are entering the market, many of them are being subtly encouraged to enter derivatives trading by “financial gurus”, brokers and other parties with conflicts of interest. Here’s why retail investors like us should not get into derivatives trading to make money. In Berkshire Hathaway’s 2002 annual report, Warren Buffett said […]
Credit Suisse looks to recoup supply chain finance fund recovery costs – Reuters
A Credit Suisse sign is seen on the exterior of their Americas headquarters in the Manhattan borough of New York City, September 1, 2015. REUTERS/Mike Segar ZURICH, Oct 7 (Reuters) – Credit Suisse (CSGN.S) is looking to recoup the external costs it is incurring to recover money for investors in its insolvent supply chain finance […]
SC settles 10-year long CERC, SEBI dispute; paves way for power derivatives, futures – Economic Times
Electricity will now be traded as other commodities with forward contracts and derivatives on exchanges with Supreme Court disposing of a decade-long jurisdictional spat between power regulator Central Electricity Regulatory Commission (CERC) and the Securities & Exchange Board of India (Sebi) after they reached a mutual agreement. The union power ministry in a statement issued […]
$450,000: CFTC fines ICE Clear Europe for derivatives clearing violations – FinanceFeeds
The derivatives clearing organization also failed to have adequate standards and procedures designed to protect and ensure the safety and assets belonging to clearing members and their customers, the CFTC stated. The Commodity Futures Trading Commission issued an order simultaneously filing and settling charges against ICE Clear Europe Limited, which will pay a $450,000 civil […]
Security Traders Association Opposes Proposed Modernization Of Derivatives Act – Finance and Banking – United States – Mondaq News Alerts
United States: Security Traders Association Opposes Proposed Modernization Of Derivatives Act 07 October 2021 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. In a letter dated September 17, 2021, addressed to Senate Committee on Finance Chair Ron Wyden and ranking member Michael Crapo, the Security […]