The European Securities and Markets Authority (ESMA) announced that it is launching its Interactive Single Rulebook, which is a new service for market participants and other interested stakeholders across the European Union. The tool is launched today with the Level 1 text of the UCITS Directive, and links to all relevant Level 2 and Level…
Read more
Lindsay Wright has been appointed to the NZX Board of Directors, effective 20 February 2018. Lindsay Wright is currently Head of Distribution and Co-Head of APAC at BNY Mellon Investment Management, the global investment arm of BNY Mellon, one of the world’s largest financial services companies, which manages more than US$1.9 trillion in over 100…
Read more
While IBM is currently discussing the possibility of Blockchain being in use for the US government, the alcohol industry is not far away either. One of the most innovative uses of the technology is going to be introduced by the virtual bar and start-up QYK. The company's project plans to implement the technology in such a…
Read more
eToro, a global trading and investment platform with over nine million users, announced that it has today added Stellar on its platform, bringing the total number of cryptocurrency assets available on the site to eight. The move comes as investors increasingly turn their attention to altcoins, seeking new investment opportunities and diversification for their portfolios.…
Read more
Nasdaq Inc. (Nasdaq:NDAQ) and Operatorul Pietei de Energie Electrica si Gaze Naturale (OPCOM) announced that they have signed a new market technology agreement for Nasdaq to deliver new matching engine and clearing technology via the Nasdaq Financial Framework architecture to Romania’s market operator for gas and electricity. OPCOM will leverage the modular functionality of the…
Read more
The Canadian Securities Exchange (CSE) announced that it is introducing an innovative securities clearing and settlement platform that harnesses the unique features of blockchain technology. The platform will enable companies to issue conventional equity and debt through tokenized securities, which would be offered to investors through Security Token Offerings (STOs). Unlike blockchain-based cryptocurrencies, the STOs…
Read moreThe Securities and Exchange Commission (SEC) announced that Alberto Arevalo, an associate director in the Office of International Affairs, will retire later this month after 28 years of public service. Mr. Arevalo joined the SEC in 2004 and has been an associate director since 2014, with responsibility for international enforcement and supervisory cooperation, and technical…
Read more
UK FCA regulated global provider of FX and CFD brokerage services Tickmill just announced that Portuguese has now joined the growing number of official languages for the company's website. By localising its services to Portuguese, the provider takes an important step towards establishing a strong foothold in the region, whilst ensuring that all of its…
Read more
FTC (Financial Technology Cryptocurrency) has announced that it had reached its 4.5 million coins target for its first Pre-ICO. This raise marked the end of the initial ICO raise and the company stated that it provided an encouraging sign for the company and indeed its contributors. FTC is an established brand specialising in digital currency innovation…
Read more
The Hong Kong Securities and Futures Commission (SFC) informed that it has reprimanded and fined Interactive Brokers Hong Kong Limited (IBHK) $4.5 million after resolving concerns over IBHK’s breaches of the Code of Conduct in its execution of market orders using electronic and algorithmic trading systems. The SFC’s disciplinary action followed two market disruption incidents…
Read more