April 27, 2018 BY Valentina Kirilova

Oleg Vyugin elected Chairman of Moscow Exchange Supervisory Board

The Supervisory Board of the Moscow Exchange (MOEX) has announced that it has elected at the Annual General Meeting of Shareholders, Oleg Vyugin, independent director, as its Chairman. The Supervisory Board named members and chairpersons to its Strategic Planning, Budget, Nomination and Remuneration, Audit, Risk Management and Technical Policy Committees. It also approved new versions…

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April 27, 2018 BY Valentina Kirilova

AAT cancels registration of NSW liquidator

The Administrative Appeals Tribunal (AAT) has affirmed a decision to cancel the registration of Sydney liquidator, Mr Randall Clinton Joubert, ASIC has announced earlier today. The AAT found that Mr Joubert's actions as a registered liquidator of several companies were deliberate and dishonest and that he was not a fit and proper person to be…

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April 26, 2018 BY LeapRate Staff

GAIN Capital has its best quarter in more than a year: Q1 Revenue $107M, Profits $16M

Retail and Institutional FX brokerage group Gain Capital Holdings Inc (NYSE:GCAP) has announced Q1-2018 results indicating an across-the-board improvement in both top and bottom line results. Quarterly revenues and profits at GAIN Capital were both at multi-year high levels. GAIN Capital operates the retail Forex.com and City Index online trading brands and the institutional GTX business.…

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April 26, 2018 BY Mariela Naydenova

The Shivom Project - when genetic data unites governments

Governments around the world have not been fully mesmerized by blockchain and altcoins. While there are some countries that embrace the technology behind Bitcoin, such as Estonia and Japan, most are afraid or rather “not understanding” what blockchain actually is and how it benefits society. While blockchain has disrupted multiple industries such as real estate…

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April 26, 2018 BY Valentina Kirilova

Gil Mandelzis' new FX credit switching venture Capitolis goes live with Citi, Jefferies and FXCM

Capitolis, the pioneering technology provider for the capital markets, has just announced it is live with its foreign exchange credit switching service, Capitolis Switch. Capitolis raised $29 million of venture capital funding earlier this year from Silicon Valley VCs Index Ventures and Sequoia Capital ($20 million led by Index Ventures, and a prior $9 million…

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April 26, 2018 BY Valentina Kirilova

Fusion LenderComm launches as R3’s Corda platform app

Finastra has announced that its blockchain-based solution, Fusion LenderComm, is now commercially available, as an app on R3’s Corda platform, for financial institutions operating in the syndicated lending market. The solution is proven to streamline information exchange between agent banks and lenders, driving transparency and efficiency in the syndicated loan market. The successful completion of…

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April 26, 2018 BY Valentina Kirilova

Singapore and Vietnam enhance fintech cooperation

The Monetary Authority of Singapore (MAS) and the State Bank of Viet Nam (SBV) have announced that they have agreed to establish a new partnership to encourage FinTech innovation and to strengthen cooperation in banking supervision. The new Memorandum of Understanding (MOU) between MAS and SBV on financial innovation will facilitate joint innovation projects between…

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April 26, 2018 BY Valentina Kirilova

Russia's NSD receives status of authorized depository of Belarus

National Settlement Depository (NSD), Russia’s central securities depository, has announced that it has just received the status of authorized depository of Belarus which allows NSD to record the rights to government securities issued by the Ministry of Finance (on behalf of the Republic of Belarus). Prior to now, NSD clients could accept for custody and…

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