AcadiaSoft launches sensitivities calculation services
July 19, 2018 BY Valentina Kirilova

AcadiaSoft names Lee McCormack Head of Collateral Product Management

AcadiaSoft Inc. has announced the appointment of Lee McCormack as Head of Collateral Product Management and Professional Services. He will be responsible for extending AcadiaSoft's CollateralManager service to new customers and further expanding its capabilities for buy-side firms. We are thrilled to have Lee on board to lead our collateral product management team," said Scott…

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asic ban
July 19, 2018 BY Valentina Kirilova

ASIC suspends AFS license of SMSF financial adviser

Australian regulator ASIC announced that it has banned Queensland financial adviser James Cribb from providing financial services for four years and suspended his Australian financial services (AFS) license, held by Mode AFSL Pty Ltd (Mode), for 10 weeks. ASIC found that Mr Cribb failed to act in his clients' best interests when providing advice on…

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July 18, 2018 BY Mariela Naydenova

Bitcoin Futures on the rise

Bitcoin is currently rising and many are wondering why. As of this writing, Bitcoin is worth around $7,403 according to major exchanges. Bitcoin futures, on the other hand, seem to be experiencing a steady growth after the product was launched in December 2017, when Bitcoin was hitting $20,000. Both CBOE and CME launched Bitcoin futures.…

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Shenzhen Stock Exchange
July 18, 2018 BY Valentina Kirilova

Shenzhen Stock Exchange launches Bond Pledge-style Tri-Party repo business

Shenzhen Stock Exchange (SZSE) and China Securities Depository and Clearing (CSDC) have officially released the Provisional Measures on Bond Pledge-style Tri-party Repo Transactions and Settlement (Provisional Measures) to further improve the mechanism for repo transactions and relevant services to market participants. Meanwhile, to elaborate on and specify relevant matters in the Provisional Measures, SZSE also…

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ESMA bond liquidity data
July 18, 2018 BY Valentina Kirilova

ESMA clarifies endorsement regime for non-EU credit ratings

The European Securities and Markets Authority (ESMA) has published today supplementary guidance on the application of the endorsement regime for non-EU credit ratings under the Credit Rating Agencies Regulation (CRAR). In order to ensure that third-country credit ratings, which are endorsed for use by EU investors, meet requirements which are at least as stringent as…

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SGX announces trading volumes
July 18, 2018 BY Valentina Kirilova

SGX welcomes Koufu Group Limited to Mainboard

Singapore Exchange (SGX) announced that it has welcomed Koufu Group Limited to its Mainboard under the stock code “VL6”. Started back in 2002, Koufu Group Limited is one of the most established operators and managers of food courts and coffee shops in Singapore, with a presence in Macau. Koufu has diversified revenue streams from its…

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FlexTrade adds Paul Beatty to team
July 18, 2018 BY Valentina Kirilova

Fonetic appoints investment banking stalwarts to new advisory board

Fonetic, a voice processing, compliance and surveillance technology company, announced that it has selected three industry veterans to create a new product advisory board. Nick Child, Sandy Broderick and Oliver Blower will provide Fonetic with expert advice on regulatory compliance, surveillance and technology. The purpose of the advisory board is to ensure each solution that…

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æternity releases a live version of its blockchain platform
July 18, 2018 BY Valentina Kirilova

UK businesses must be flexible in accommodating blockchain

Many UK businesses aren’t making the most of the security and trust advantages brought by blockchain technology according to Applied Blockchain, one of the UK’s developers of distributed ledger technology and smart contract specialists, with over 20 startup and enterprise clients including Shell, who recently invested in the company. A lot of companies are trying…

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