XRP, DOGE, ADA, ETH, BTC take heed of Big Short legend’s warning: “Mother of all crashes”
Read More →“When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries.”
BBVA, one of the major banks in Spain with a fully owned franchise in Switzerland, has announced that bitcoin trading and storage would be available for its private banking clients in Switzerland.
Standard Chartered has hired Roel Louwhoff as its new chief of digital, technology, and innovation officer to replace the outgoing CIO Michael Gorriz.
JPMorgan Chase has acquired the British digital wealth manager Nutmeg in what is seen as a push to enter the UK retail banking and wealth management market.
Some within the industry have been saying that the social media trading frenzy is coming to an end, AMC aside. We’ll wait and see.
Tim Leissner’s 1MDB scandal grows into political conspiracy involving ex-Fugees rapper Pras
Read More →‘Pras’ was charged by a federal grand jury for running a back-channel campaign to get the Trump administration to drop an investigation of Jho Low and the 1MDB investment company.
smartTrade has experienced significant growth in the past year. In April, Swiss Bank Lombard Odier & Co Ltd integrated LiquidityFX, smartTrade’s in-house developed FX solution.
This business segment is experiencing ongoing transformation, with Refinitiv building out the firm’s solutions through strategic acquisitions such as Scivantage and the launch of Refinitiv Digital Investor and Refinitiv Workspace for Wealth Advisors.
The many challenges faced by private market participants, such as disconnected communication and back-office reconciliation, were solved by the newest version of the Private Market Hub.
“When crypto falls from trillions, or meme stocks fall from tens of billions, #MainStreet losses will approach the size of countries.”
BBVA, one of the major banks in Spain with a fully owned franchise in Switzerland, has announced that bitcoin trading and storage would be available for its private banking clients in Switzerland.
“When we think about a cryptoasset as being a security what we’re doing is we’re saying it’s being sold as part of an investment contract.”
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The cryptocurrency market took a beating this month with a sea of red dominating price movements. After such a sustained rise in prices since December, a correction was due
The Archegos story sounds awfully familiar to anyone in the financial industry
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85% of respondents said that integrating third-party vendor solutions into post-trade ecosystems was either very or quite challenging.
Cobalt and its clients can leverage a single FIX API to connect risk management systems, execution venues, asset custodians, clearing mechanisms, and settlement services.
Under the terms of the JV agreements, GIC will own an 80% equity interest in the future joint ventures and Equinix will own the remaining 20% equity interest.
Global multi-asset broker HotForex has announced that its exclusive reward program ROFM (Return on Free Margin) is available again offering new and existing clients the opportunity to earn generous returns up to 3% on their free margin!
The acquisition could reinforce Fxview’s low-cost model as Finvasia is known to offer zero commission (brokerage fees, clearing fees) “forever” on its offering, including stocks, ETFs, bonds, mutual funds.
Equiti also announced it is in the advanced stages of other innovative payment solutions that will be launched in Q3 2021.
We spoke to thought leaders from Advanced Markets, FXOpen, and Equiti Capital to ascertain their view on what was behind last month’s crash as it is unlikely to be the last.
United Fintech plans to have an extensive fintech portfolio including products ranging from trading platforms, liquidity management and regulatory reporting tools through to AI and machine learning applications, Big Data tools, institutional Blockchain, Bots and Virtual Assistants.
SGX acquired BidFX from TradingScreen 2020, having paid $25 million for a 20% stake in 2019. The remaining 80% stake was priced at $128 million. The deal allowed SGX to expand its reach beyond FX futures into the global FX over the counter (OTC) market.
