Cobalt, the foreign exchange (FX) post-trade processing network based on shared infrastructure and high performance technology, has informed that it has appointed FX industry veteran Darren Coote as managing director. Darren Coote has been working with Cobalt since the end of 2017 as a strategic advisor and will now take on responsibility for the day…
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Integral, the technology partner trusted by banks, brokers, and asset managers to help them outperform their competition in the foreign exchange market, has just announced the appointment of ex-ION Trading CEO Gavin Bambury as its Chief Technology Officer (CTO). He brings more than two decades of trading and technology experience to his role at Integral.…
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London based online FX, CFDs and spreadbetting broker CMC Markets Plc (LON:CMCX) has issued a Trading Update ahead of the close of the company's Fiscal 2019 second quarter at the end of September, indicating that it is forecasting a greater-than-expected drop in Revenues for the full year (which ends for CMC on March 31, 2019). CMC…
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BlackRock has announced that it has collaborated with information giant Thomson Reuters (NYSE:TRI) to launch an exchange traded fund (ETF) to provide investors with a way to invest in companies across developed and emerging markets that promote diversity and inclusion practices, which have been shown to benefit companies’ long-term performance. The iShares Thomson Reuters Inclusion…
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Point72 Asset Management is undoubtedly one of the world's most successful hedge funds, founded by Steven Cohen. With assets under management at around $12.4 billion (2018), working at the prestigious hedge fund is a rare privilege. Now, one of its former portfolio managers, Travis Kling, is running his own cryptocurrency hedge fund called Ikigai Asset…
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Walmart is implementing IBM's blockchain as part of their new food traceability program that has to do with food safety on all levels in the supply chain. The ultimate goal is to track the path of the food from the farm to the shelves in the store. In this way, Walmart will be able to…
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Kochava Labs SEZC, a research and development subsidiary of Kochava Inc., has announced new strategic partners to OnXCHNG, the partnership program for the industry's open source blockchain framework for the digital advertising ecosystem, XCHNG. In addition, XCHNG has added two advisors to its blockchain team - Stefan Rust, Founder & CEO of Exicon, and Nick…
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Dash, the digital currency for payments, has announced a strategic partnership with Bitbns, one of the leading cryptocurrency exchanges in India, to launch Dash/INR fiat pairing. Through the partnership, customers of Bitbns will now be able to buy and sell Dash instantly using InstantSend on the exchange platform, making Dash accessible to the growing Indian…
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Organisations and individuals regulated by ASIC must act by this Thursday 27 September to meet their legal obligations under new industry funding laws. ASIC sent a letter in July to each organisation and individual’s company's registered office address. This letter advised how to provide industry funding contact details and submit business activity metrics in the…
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Payments provider Klarna has just announced a partnership with Manchester-based fashion brand, In The Style. In The Style customers will now benefit from Klarna’s Pay later service, which allows shoppers to order their favourite clothes online, then have the flexibility to pay for them up to 30 days later — with no interest or fees.…
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