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Stocknet’s Nick Hall defends gamification as trading platform market set to hit $15.34b by 2030
Read More →“The growing popularity of gamified trading has the potential to tackle this financial literacy gap. Rather than simply giving users unfettered access to markets and letting them figure things out for themselves, platforms can offer virtual skill games and challenges to help educate traders and prime them for success.”
Infographic: Interest rate and FX derivatives are driving rise of OTC derivatives market
Read More →These trends suggest a growing and evolving OTC derivatives market, with an increased focus on risk management and regulatory compliance. The rise in clearing rates, along with the increased initial margin requirements, reflects a more cautious approach to risk in the financial services industry.
Bank of Canada’s Final 2023 Policy Update on the Canadian Dollar and Future Monetary Landscape
Read More →The Bank of Canada’s final policy update for 2023, as reported by Bloomberg, had a relatively subdued impact on the performance of the Canadian dollar, especially when compared to the discernible market reactions following prior BoC policy decisions throughout the year.
U.S. political uncertainty, particularly regarding the 2024 Presidential Election, has emerged as a key risk, with 51% of respondents highlighting it as a major concern. This reflects the potential impact of election outcomes on market conditions and the industry.
“Laura’s promotion to CFO is the next stage in our long-term strategy of building a world-class finance team servicing the global business from our Belfast office. Back in 2016, Jon took on the challenge of laying the groundwork for that vision. Laura has been an integral part of the strategy from day one.”
“I’m excited by the rapid expansion of Thailand’s Web3 sector. With over 3 million overall crypto users and 600% growth in the market in recent years, the dynamism in our DeFi and NFT sectors is clearly evident. Thailand is increasingly becoming a hotspot for digital nomads, drawn by our crypto-friendly policies, affordable living costs, vibrant food and beverage culture and diverse cultural landscape.”
Campbell Adams’ pioneering spirit and his contributions to the development of the FX industry as well as the digital asset trading space will be remembered and valued by industry peers and the broader financial community.
“XTX Markets is excited to be launching the AI-MO Prize to spur the development of AI models capable of mathematical reasoning. We look forward to working with mathematicians, scientists and technologists to develop the prizes, and to seeing how AI models compare against exceptional high-school mathematicians.”
“The launch of carbon credit trading represents a logical progression for DFM as a platform for ESG-focused themes and building on our existing track record.”
Tradeweb Markets Inc. (Nasdaq: TW) has reported a total trading volume of $38.2 trillion and a record average daily volume (ADV) of $1.80 trillion for November 2023. These figures mark a 59.2% year-over-year increase.
US derivatives exchange, CME Group today announced plans to introduce ‘CME FX Spot+’, a novel spot foreign exchange (FX) marketplace.
“Demand for China data has never been higher. This is set against a general industry trend of increased market participant sophistication, and an increasing demand for quality historic market data to understand market microstructure and venue behaviour. Market participants need to get the full picture of market quality, liquidity and order book dynamics to ultimately make better informed decisions on the markets they trade and the venues they run.”
“The growing popularity of gamified trading has the potential to tackle this financial literacy gap. Rather than simply giving users unfettered access to markets and letting them figure things out for themselves, platforms can offer virtual skill games and challenges to help educate traders and prime them for success.”
These trends suggest a growing and evolving OTC derivatives market, with an increased focus on risk management and regulatory compliance. The rise in clearing rates, along with the increased initial margin requirements, reflects a more cautious approach to risk in the financial services industry.
U.S. political uncertainty, particularly regarding the 2024 Presidential Election, has emerged as a key risk, with 51% of respondents highlighting it as a major concern. This reflects the potential impact of election outcomes on market conditions and the industry.
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From 2008 to 2023, the DeFi space accumulated $50 billion. Analytical forecasts say that by 2030, the gross income of the market will reach $231 billion. At the same time, fintech expert Sergey Kondratenko says that DeFi carries significant risks, including problems with regulation and security.
The impact of the vast digital transformation taking place across the accountancy and finance sector is widespread.
This expansion follows recent moves by BaFin to accelerate the licensing of crypto custody services, aiming to boost market confidence. Following this, several new licenses were issued, notably to Commerzbank, making it the first full-service financial institution in Germany to receive a crypto custody license.
“I’m excited by the rapid expansion of Thailand’s Web3 sector. With over 3 million overall crypto users and 600% growth in the market in recent years, the dynamism in our DeFi and NFT sectors is clearly evident. Thailand is increasingly becoming a hotspot for digital nomads, drawn by our crypto-friendly policies, affordable living costs, vibrant food and beverage culture and diverse cultural landscape.”
“Our collaboration with Ethena Labs represents our commitment to solving some of the biggest challenges in crypto today, not least, the creation of a decentralized stablecoin. The integration of USDe on Bybit expands our stablecoin offerings, providing our users with an array of uncorrelated solutions accessible from our Unified Trading Account.”
Binance Labs, the venture capital arm of the cryptocurrency giant Binance, has invested $3.15 million in Web3 education platform Open Campus.
Socrates, a web3 platform, combines Social-Fi and Game-Fi on multiple blockchains (Polygon, Ethereum, BNB Smart Chain, Arbitrum One, Optimism). It allows users to share opinions through Q&A and offers rewards for simple in-app interactions.
Future3 Campus, in partnership with The Open Network (TON) Foundation, has today announced the launch of The TON Bootcamp, an incubation program to foster mini-app development within TON’s Web3 ecosystem in Telegram.
When it comes to the crypto markets, BTC is king. Your Grandpa might not know anything about ZK Rollups and smart contracts, but he will surely have heard of Bitcoin.
Coinbase prides itself on being a company born in the United States, and that hasn’t changed even as its operations come under pressure from regulators. Yet for all of its pride in its American roots, Coinbase is now looking more toward Europe for smoother sailing.
From 2008 to 2023, the DeFi space accumulated $50 billion. Analytical forecasts say that by 2030, the gross income of the market will reach $231 billion. At the same time, fintech expert Sergey Kondratenko says that DeFi carries significant risks, including problems with regulation and security.
Flare, an EVM smart contract platform known for its focus on blockchain data utility, has announced a major step in its development. The platform has onboarded leading infrastructure providers, including Ankr, Figment, Restake, and NorthStake.
BinaryX, a GameFi and Initial Game Offering (IGO) platform, today announced the launch of Pancake Mayor, a new city-building simulator on the newly launched PancakeSwap Gaming Marketplace.
In a strategic move, Oasys partners with Singularity to streamline cross-chain payments within its gaming ecosystem, offering a frictionless financial experience for gamers and developers alike.
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“By combining BTON’s AI-driven execution capabilities with FlexTrade’s cutting-edge technology, we accelerate integration and mitigate risks, providing a cost-efficient solution for a more sophisticated and accountable approach to order execution through the power of AI.”
“Network latency is a critical factor in their operations across multiple, fast-moving markets where seizing arbitrage opportunities instantaneously is essential. We are dedicated to continually optimizing our global network paths. Our London to Tokyo route, a flagship for Avelacom, has been upgraded alongside other key markets in Asia, India, Turkey, and the Middle East.”
“By running on AWS, the Aquis Stock Exchange is driving transformation across the capital markets industry while continuing to enhance the scalability, functionality and innovation that will benefit its members and stakeholders in an environment where security and resiliency are our highest priority.”
“Laura’s promotion to CFO is the next stage in our long-term strategy of building a world-class finance team servicing the global business from our Belfast office. Back in 2016, Jon took on the challenge of laying the groundwork for that vision. Laura has been an integral part of the strategy from day one.”
“Given his skillful leadership and unparalleled knowledge of our business, Terry is uniquely qualified to continue transforming our company for future success, while ensuring we maintain a strategic focus on generating new growth, delivering long-term value, and developing the next leaders of our organization.”
BVNK, the crypto-powered payments and banking platform for businesses, has appointed FX industry veteran Stelios Eleftheriou, who has a colorful career across the gaming industry, as Business Development Director (CFD & iGaming).
“US dollar money market funds are heavily regulated, meaning client funds are managed in a safe, reliable and trusted environment, which is of critical importance to us, and continues to remain top-of-mind for our clients.”
Fxview, a prominent player in the Forex and CFD industry under the Finvasia Group, is revolutionizing South Africa’s financial landscape with its cutting-edge product suite. In a strategic move to broaden its presence in Africa, the multi-asset brokerage aims for excellence in the dynamic financial environment of South Africa.
Bongiovanni will be responsible for the neobank’s global marketing organization. This comes at a time when N26 is expanding its investment product offerings into stocks, equities, and ETFs. He will also be instrumental in scaling up marketing efforts in the coming year.
The Bank of Canada’s final policy update for 2023, as reported by Bloomberg, had a relatively subdued impact on the performance of the Canadian dollar, especially when compared to the discernible market reactions following prior BoC policy decisions throughout the year.
The recent downturn in the USD/JPY pair due to the yen’s strength, driven by speculation about the Bank of Japan’s potential tightening of monetary policy.
In a landscape shaped by net domestic fund demand and Bank of Japan’s (BoJ) policy decisions, the Japanese Government Bonds (JGBs) market reflects stability. With the BoJ acquiring JPY7 trillion of JGBs, the anticipated 10-year JGB yield stabilization at 0.7% aligns with market expectations of continuity in Yield Curve Control (YCC) and negative interest rate policies.
