Abu Dhabi based financial services firm ADS Securities (ADSS) has announced the appointment of Emmanuel Coulon as its new Head of IT, reporting into CTO Philippe Velay. Mr. Coulon will work out of the ADSS head office in Abu Dhabi with a remit to continue the development of the firms market leading trading applications. Emmanuel…
Read moreGlobal exchange revenues totaled a record $30.7 billion in 2017, increasing by 8.1% as resurgent trading, clearing and settlement revenue supported industry growth according to Burton-Taylor International Consulting (a division of TP ICAP’s Data & Analytics group) in a report published today. London Stock Exchange Group (LSE) and Hong Kong Exchanges and Clearing (HKEX) drive…
Read moreGECKO Governance, the RegTech regulatory solution for financial compliance, has just announced the launch of a new compliance solution, GECKO Crypto1, following approval by the Isle of Man Financial Services Authority. Managing ICO governance and compliance for every jurisdiction, GECKO Crypto1 will offer enhanced levels of transparency and accountability to platform-users within the blockchain industry.…
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The name GTX has been associated for years with parent GAIN Capital Holdings Inc (NYSE:GCAP). And so the news late last month of GTX being sold for $100 million to Deutsche Boerse AG's 360T unit came of something of a surprise to many in the FX world - especially as GTX just announced its best-ever month for…
Read moreE-commerce giant Gambio has just announced that it is launching GAMB, the Global Alliance of Merchants on the Blockchain. Employing distributed ledger technology to decentralize online retail, GAMB is a digital marketplace, powered by the merchants. The platform will benefit from Gambio’s more than 25,000 active stores in more than 75 countries, totaling billions in…
Read moreThe Hong Kong Securities and Futures Commission (SFC) announced that it has reprimanded Mr Lau Ki Fung, a former account executive of KGI Asia Limited (KGI), and fined him $80,000 for failing to keep proper records of order instructions from clients. The SFC found that between 29 July 2015 and 10 August 2015, Lau received…
Read moreMinium Financial Technology and Exactpro Systems Limited (Exactpro) today announced that they have entered into a partnership under which Exactpro will provide independent software testing of Minium’s Risk Management and Post-Trade processing systems. Exactpro specialises in quality assurance and software testing for market infrastructures and systems that process wholesale financial products across asset classes. This…
Read moreThe Canadian Securities Administrators (CSA) has published CSA Staff Notice 46-308 Securities Law Implications for Offerings of Tokens, which provides additional guidance on the applicability of securities laws to offerings of coins or tokens, including ones that are commonly referred to as “utility tokens.”. Since publishing initial guidance, we have engaged with numerous businesses considering…
Read moreThe board of directors of the Tel-Aviv Stock Exchange (TASE) announced that they have approved (June 7th, 2018) the launch of a new corporate bonds index – the “Tel Bond-Dollar Index”. The index will consist of dollar-linked corporate bonds listed on TASE. Following the launch of the new index, TASE will be calculating 29 Tel…
Read moreCappitech, a leading provider of automated regulatory reporting technology for the financial services industry, has announced that it has secured $4 million in series A financing. The financing round was led by venture capital firm 83North (formerly Greylock Israel) with participation from Rony Grushka (pictured above) and Kevin Gould, co-founders of Markit. As part of…
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