In what can be perceived to be a big boost for the crypto community, Gary Gensler, the newly appointed chairman of the Securities and Exchange Commission (SEC) has asked the Congress to look into crypto regulation.
Baton Systems, a provider of post-trade solutions for financial markets, has announced its integration with LCH, a leading clearing house, for automating the end-to-end collateral workflow for participants in the derivatives markets.
CBOE Europe, a pan-European exchange operator and which is a part of CBOE Group based in the US, has expanded its European team with the hiring of Natan Tiefenbrun as its Senior Vice President, Head of European Equities.
The role of Sapien Capital is that it executed purported OTC equity trades to the value of approximately £2.5 billion in Danish equities and £3.8 billion in Belgian equities.
Fintechs should aim to solve at least one of the three key challenges proposed by MAS: (i) Mobilising Capital; (ii) Monitoring Commitment; and (iii) Measuring Impact.
Archegos Capital, the troubled capital management firm, is preparing for insolvency proceedings as banks that handled its funds are trying to recoup their losses from it.
Score Priority Corp. , which owns Lime and which is a company for the retail and institutional trading community, announced today that it was furthering its existing partnership with BestEx Research, a company that focuses on execution algorithms.
Match-Prime, a liquidity provider approved by the CySec, announced that it has joined the Matrix NETwork that belongs to Gold-i so that it can distribute its world class liquidity to the client base of Gold-i.
Clearstream was founded as “Cedel” (Centrale de Livraison de Valeurs Mobilières) in September 1970 by 66 of the world’s major financial institutions as a clearing organization to minimize risk in the settlement of cross-border securities trading, particularly in the growing Eurobond market.
The last two rounds of investment in Advanced Markets Group was a major capital boost in 2010 led by GFI Group, and another in 2007 made by Macquarie Group. Advanced Markets will continue to operate as an independent business under its current brand and leadership.
The regulatory landscape must reflect the situation and catch-up to this megatrend as there remains a startling lack of consistency in definitions and data.
ASIC announced today that it is initiating criminal proceedings against Westpac for insider trading, unconscionable conduct and breaches of its licensing requirements.
George Govier, who had earlier been working with Goldman Sachs as a full time analyst in its listed derivatives section, has joined United Fintech in a full time role.
His proven success in identifying and nurturing new business opportunities to grow with existing and new clients has led Finalto to hire him on a full-time basis.
His successful period as Head of Sales APAC didn’t go unnoticed and FlexTrade is now counting on his skills for his new challenge in the EMEA.
Union Standard International Group, a FX broker whose license was recently cancelled by the Australian regulator, has re-branded itself as Union Strategic International Group.
Like other retail FX and CFD trading firms in Australia, Eightcap is likely to experience a drop in trading volumes from Q2 onwards. Successful strategic partnerships might steer the broker in the right direction as competition becomes fierce.
The global IPO market for 2021 is expected to be an excellent year for new issues. The momentum from 2020 is set to continue until late this year. Despite the ongoing Covid-19 pandemic, the amount of investment raised by new issues has been at its highest since 2010, nearly a decade ago.
“Our position outside the EU allows the FCA to have a new, more nimble approach to domestic policymaking. But in doing so, we are guided by the principles of robust regulation, high standards, and strong safeguards.”
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