Saint Petersburg International Mercantile Exchange (SPIMEX) and S&P Global Platts, a division of S&P Global, have announced that they have signed a memorandum of understanding (MoU) at the Russian Energy Week 2018, held in Moscow. Under its terms, the parties agree to work on the development of pricing mechanisms for exported Russian crude oil including…
Read more
Air France-KLM (EPA:AF) and Winding Tree have just announced a new partnership to develop Blockchain technology in the travel industry. The aim of this new agreement is to provide, via Blockchain technology, a more advantageous travel offer for customers which is more profitable for suppliers, in particular by reducing the number of intermediaries. Thanks to…
Read more
The Shanghai Stock Exchange (SSE) and New Zealand’s Exchange (NZX) have announced that they have signed a Memorandum of Understanding (MOU). The memorandum was drafted in recognition of the friendship and close economic relationship between New Zealand and the People’s Republic of China, and it is NZX’s desire to align with the ‘One Belt One…
Read more
Continuing a months-long hiring spree, FCA regulated Prime of Prime brokerage Stater Global Markets has announced that Michael Davies has joined the company and has been appointed Global Head of Sales. Michael Davies joins Stater after over 14 years at Sucden Financial, where he was Head of eFX Sales EMEA and was instrumental in establishing and growing…
Read more
TMX Group Limited (TSX:X) has just announced September 2018 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha) and Montréal Exchange (MX). All TMX Equities Marketplaces' Daily Average volume was up with 41% MoM to 726.6 million in September. Toronto Stock Exchange ADV also rose to 410.8 million.…
Read more
The Disciplinary Committee of Nasdaq Stockholm has informed that it has found that Leading Edge Materials Corp. (“LEM” or “the Company”) has breached the Nasdaq First North Nordic Rulebook (the “Rulebook”) and therefore ordered LEM to pay a fine of two annual fees, corresponding to an amount of SEK 146,652. The Disciplinary Committee has concluded…
Read more
Multi-asset electronic trading solutions provider smartTrade Technologies has announced that it has been chosen by SEBA Crypto AG (SEBA), to deliver SEBA’s state-of-the-art crypto and traditional assets trading platform. SEBA has the ambition to build a regulated bank to bridge the gap between the crypto and traditional financial economies. Headquartered in Zug, Switzerland, SEBA wants…
Read more
London based global commodities broker Marex Spectron has announced the appointment of Carter Evans to head its North American grains desk. He starts on 3 October and is based at Marex Spectron’s New York office. Evans has previously worked at Macquarie Bank, where he covered global commodities sales and institutional clients. Marex Spectron has one…
Read more
After seeing UK hedge fund Odey Asset Management acquire a 5% stake in the company a month ago, online gaming and financial trading company Playtech PLC (LON:PTEC) has had Dublin, Ireland based value investor Setanta Asset Management jump in and buy a slightly smaller but still significant 3% interest in Playtech. The Setanta stake in…
Read more
The Wall Street Journal has reportedly launched its own digital coin, called WSJCoin and killed it almost immediately, says a report from Finance Magnates. Interested investors did not even have time to access the coin. The WSJ reporter, who was given the task to explore the option of launching the coin, Steven Russolillo, did not manage…
Read more