Polymath and Prime Trust team up to provide custody for ST-20 security tokens
August 29, 2018 BY Valentina Kirilova

Polymath and Prime Trust team up to provide custody for ST-20 security tokens

Polymath, the blockchain industry’s first securities token platform, and Prime Trust, an SEC qualified custodian, have announced a partnership that will see Polymath and Prime Trust working together to develop custody solutions for security tokens utilizing the ST-20 standard. Prime Trust is currently capable of providing custody of POLY, an ERC-20 token, and is looking…

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August 28, 2018 BY Mariela Naydenova

Why is Canada postponing the cryptocurrency regulation?

Canada has decided to put off the cryptocurrency regulations, which were due this autumn. They were supposed to publish the regulations in the Canada Gazette, but that will not happen until some time in 2019. Canada is one of those countries that cannot be categorised as "pro" or "against" cryptocurrencies. Essentially, since the country is…

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fca warning clone firm
August 28, 2018 BY Valentina Kirilova

FCA warns against TVT Partners clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm TVT Partners. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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Crypto “bot” trading hurting market reputation and individual investors
August 28, 2018 BY Valentina Kirilova

CGS-CIMB Securities launches robo-advisory platform eWealth

CGS-CIMB Securities International Pte. Ltd. through its wholly-owned subsidiary, CGS-CIMB Securities (Singapore) Pte. Ltd., has just announced that it has launched its latest offering, CGS-CIMB eWealth. The robo-advisory platform taps on the Company’s strong research capabilities to provide goal-based and thematic portfolios to help investors meet their need for investment diversification through pairing portfolios with…

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Trading Technologies extends TT platform into Brazil via B3 Data Center
August 28, 2018 BY Valentina Kirilova

Trading Technologies extends TT platform into Brazil via B3 Data Center

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, has announced that execution and client connectivity services through the TT platform are now available in Brazil through the B3 Data Center. This move establishes regional access to TT’s worldwide network of data centers while providing colocated connectivity…

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clsnet
August 28, 2018 BY Valentina Kirilova

Deutsche Börse Group expands partnership with HQLAx by acquiring minority stake

Deutsche Börse strengthens commitment to new technologies in the post-trade sector / Significant progress in creating innovative blockchain solution to tackle fragmentation of securities lending market Deutsche Börse Group has announced that it has just made an initial investment of a single-digit euro million amount in HQLAx S.à r.l. in exchange for a minority shareholding.…

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Japanese Yen and Thai Baht crosses added to Thomson Reuters Matching platform
August 28, 2018 BY Valentina Kirilova

Japanese Yen and Thai Baht crosses added to Thomson Reuters Matching platform

Information giant Thomson Reuters (NYSE:TRI) has today announced the launch of real-time electronic trading of spot Japanese Yen and Thai Baht cross currency pairs on Thomson Reuters Matching platform. Cross-currency trading in JPY/THB and THB/JPY will be provided on Thomson Reuters electronic central limit order book platform to clients in Japan, Thailand and globally. By…

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sec charges
August 28, 2018 BY Valentina Kirilova

Transamerica entities to pay $97 Million to investors

The Securities and Exchange Commission (SEC) has announced charges against four Transamerica entities for misconduct involving faulty investment models and ordered the entities to refund $97 million to misled retail investors. According to the SEC’s order, investors put billions of dollars into mutual funds and strategies using the faulty models developed by investment adviser AEGON…

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CLS names PwC’s Duncan Barnard Chief Internal Auditor
August 28, 2018 BY Valentina Kirilova

CLS names PwC’s Duncan Barnard Chief Internal Auditor

CLS, a market infrastructure group delivering settlement, processing and data solutions, has just announced that Duncan Barnard has been appointed Chief Internal Auditor. Based in New York, Duncan Barnard is responsible for leading CLS’s audit activity globally. He reports to the Audit and Finance Committee of the CLS Board and to CEO David Puth. Barnard…

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