Bloomberg is reporting that Blackstone Group LP (NYSE:BX) is considering a sale of institutional Forex ECN FXall. And, that the business could fetch more than $3 billion. That certainly seems like a very big number, given that FXall was acquired in July 2012 for $625 million - roughly a fifth of the current proposed price.…
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The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure provider for the global financial services industry, has announced it has signed an agreement with Symphony that significantly expands communication and collaboration capabilities within the DTCC Exception Manager (DXM) service. Symphony is a messaging and collaboration platform used by many of the world’s…
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The Commodity Futures Trading Commission (CFTC or Commission) has announced that it has filed a civil enforcement action in the U.S. District Court for the Eastern District of New York, charging Yehuda L. Belsky of Brooklyn, New York, and his firm Y Trading, LLC (Y Trading) with solicitation fraud in connection with binary options trading.…
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UK online trading leader IG Group Holdings plc (LON:IGG) has announced that CEO Peter Hetherington is stepping down both from his management role and the Board, effective immediately. The company said it is "well advanced" in its search for a new CEO, with IG Group CFO Paul Mainwaring assuming the Interim CEO title in the…
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Porsche, one of the world's most luxurious car brands, recently announced that it plans to make some "heavy" investments in the blockchain and AI industry. The 5-year investment plan is for $176 million, which will go towards companies whose major focus either blockchain or artificial intelligence. According to the press release, the German automobile maker…
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big xyt, the independent provider of high-volume, smart data and analytics capabilities, has announced the launch of the ETF Liquidity Cockpit introducing liquidity metrics for ETFs with new navigation tools enriched with reference data from Ultumus, the specialist distributor of ETF composition data. The new ETF Liquidity Cockpit maintains the flexible access offered with existing…
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Solactive has announced the launch of the Solactive Asia Ex-Japan Technology & Internet Tigers Index. It is tracking the performance of the 50 largest technology and/or online retail stocks that have the majority of their business risk in Asia (excluding Japan). The constituents are weighted according to free float market capitalization. Online retailers are booming…
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Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi has just announced the signing of a strategic new Memorandum of Understanding (MoU) with Abu Dhabi Smart Solutions & Services Authority (ADSSSA). The new partnership is aimed at exploring innovative initiatives and projects that can greatly contribute towards the development of the financial…
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Nasdaq Dubai has just informed the public that it has welcomed four new debt listings by the global trade enabler DP World, comprising a one billion US dollar Sukuk and three conventional bonds of one billion US dollars, 750 million euros, and 350 million sterling respectively. The four listings together amount to a value of…
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The Autorité des marchés financiers (AMF) has published a list of new unauthorized websites offering atypical investments. Here is the list of new websites recently identified: www.achat-bitcoin.co www.acheterdubitcoin.com www.adg-placement.com www.bitnexx.tech www.buy-bitcoin-pagedemo.co www.cryptofrance.info www.cryptos-maker.com www.eminage.com www.goodcoin.fr www.infoscrypto.com www.investirvin.info www.lesgrandscrus.net www.netcoinplace.com www.patrimoine-vin.com www.prestige-vin.com www.rachatbitcoin.com www.sti-metal.com www.toutsurlebitcoin.com www.versatiscoin.com www.vino-capital.com www.vinsimo.com A list of all unauthorized websites to offer…
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