CME Group's Globex electronic trading platform went dark for gold, copper and natural gas futures on Wednesday afternoon, the second significant breakdown on the exchange's commodity markets within the last few months, and this time it happened on one of the most sensitive days in the trading calendar.CME's Global Command Center flagged the problem at
Posts published by “Damian Chmiel”
The Financial Markets Authority (FMA) has issued an alert about a rising cryptocurrency investment scam targeting social media users through YouTube channels and messaging platforms.FMA Warns of YouTube Crypto Investment ScamThe fraudsters operate by creating YouTube channels offering cryptocurrency trading advice and luring viewers into private WhatsApp or Telegram groups with promises of investment tips
Australia's financial watchdog has launched legal proceedings against HSBC Bank Australia Limited (HSBC Australia), alleging the bank failed to adequately protect customers from scams resulting in millions of dollars in losses.HSBC Australia Faces Legal Action over Alleged Scam Protection FailuresThe Australian Securities and Investments Commission (ASIC) filed documents in the Federal Court today (Monday...
Polish fintech Conotoxia, operator of the currency exchange platform Cinkciarz.pl, is in advanced talks with international investment funds as it works to stabilize operations following the recent revocation of its payment services license by Poland's financial regulator KNF.Polish Fintech Conotoxia in Advanced Investment TalksThe fintech giant is in advanced negotiations with international investment funds as
CME Group (NASDAQ: CME) delivered record Q3 2024 revenue of $1.6 billion and adjusted earnings of $2.68 per share, with growth across all asset classes. Interest rate products led performance with a 36% volume surge, while FX trading showed steady growth at 15.6%.CME’s Strong Performance Across Core BusinessThe derivatives exchange operator posted a net income
UBS, a Swiss global investment bank, which agreed to buy troubled Credit Suisse last week, is bringing back its former CEO, Sergio P. Ermotti, to oversee the complex https://www.financemagnates.com/terms/a/acquisition/" class="terms__main-term" id="3180494d-8751-4a02-9476-86dc1cd4d2e2">acquisition of the banking crisis victim.UBS' Hamers to Make Place for ErmottiErmotti held the position of Chairman of UBS for nine years before being replaced