The Cyprus financial watchdog said on Friday there was evidence of fraudulent impersonation of its officials who are engaged with firms under CySEC’s supervision.
Since Dodd-Frank that such trading must be conducted on a regulated exchange, and that the offeror must be registered with the CFTC.
IHS Markik, at the same time, is being acquired by S&P Global Inc for $44 billion in stock, subject to approval as well.
Visa has announced the acquisition of Currencycloud, which provides APIs which help institutions with remittance and currency exchange capabilities in a deal that is valued at $963 million.
SGX, one of the largest multi-asset and FX derivatives marketplaces in Asia, has announced that it has acquired MaxxTrader to expand its reach into the FX Over The Counter (OTC) markets.
Yapily, the UK Open Banking company, has announced that it has raised $51 million in its Series B funding round that was led by Sapphire Ventures and had other investors including Lakestar, HV Capital, and others.
Exness has become the latest approved Member of the Financial Commission highlighting the increased interest and demand for independent external dispute resolution (EDR) services among FX industry participants.
Revolut, the currency exchange and payments provider, has done a big leap of faith by a launch into the travel industry with its platform called ‘Stays’.
LedgerEdge, a company that helps with discovering liquidity and executing trades without harmful data leakage in the bond market, has announced the appointment of Michelle Neal as CEO of its US Operations.
The bombshell comes in good timing for the Ripple counsel, who will have ex-SEC Director William Hinman depose on July 27 in order to further strengthen its fair notice defense.
“Although the commission has provided some guidance, the large number of factors cut against the clarity the guidance was intended to offer.”
Robinhod Markets, the company that runs the stock trading app that has been making waves among the younger generation, has revealed that it is targeting to be valued at $35 billion in its initial public offering.
On Friday, both parties announced they made progress in regard to the privilege issues and planned to further narrow and resolve those issues relating to Mr. Hinman’s deposition.
Industry leaders have been increasingly calling for a global framework for ESG investing as the sector faces a massive uptick of inflows and, at the same time, faces accusations of inconsistency in their approach to sustainable impactful investments.
The company has processed over $400 trillion in transaction volume and has acted as the core technology provider to some of the largest financial institutions in the world.
The issuer of the product had warned the bank that it was not appropriate to hold the product for extended periods
The order execution management system provides advanced tools for clients trading equities, futures, options, bonds and FX in a unified system.
Facebook has planned to enter into the online payments race with the launch of its Facebook Pay for online retailers outside its platform starting in August.
“I would go to the Judge and ask the Judge to appoint a Special Master (ie the Judge herself or a retired Judge) to preside over the deposition and rule on objections live on the spot.”
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