September 28, 2016 BY Valentina Kirilova

Digital currency DASH partners with compliance provider Coinfirm

The digital currency Dash has announced the direct cooperation with a blockchain compliance platform provider Coinfirm. The partnership creates an interwoven solution for AML/KYC compliance in cryptocurrency, the fastest-growing sector in finance. London-based Coinfirm will provide Dash with the capacity for safe adoption by commercial or financial institutions that require full-fledged compliance without affecting Dash’s optional…

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September 28, 2016 BY Valentina Kirilova

HKEX publishes further information on Shenzhen-Hong Kong Stock Connect to facilitate business and technical preparation

As part of the market communication plan for Shenzhen-Hong Kong Stock Connect, the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited (HKEX), has published the revised Information Book, Frequently Asked Questions and the proposed amendments to the Rules of the…

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September 28, 2016 BY Valentina Kirilova

ASIC updates regulatory framework for charitable investment fundraisers

ASIC has issued a revised policy and regulatory framework for charities that raise investment funds. The framework removes regulatory barriers to the issue of financial products while strengthening protection for public investors. The changes follow an ASIC review of the operation of exemptions available to charities from certain managed investment, debenture, fundraising and licensing provisions…

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September 28, 2016 BY Mike Fox

Bloomberg Professional subscribers can now post to Twitter

Bloomberg Professional service subscribers can now use Twitter Inc (NYSE: TWTR) to post directly from Bloomberg's chat service, Instant Bloomberg (IB), executives announced today. Bloomberg has partnered with Twitter to provide subscribers with a more secure way to enhance their workflow while assisting regulatory compliance requirements. Information on access is available via SOCIAL <GO>. Since…

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September 28, 2016 BY Valentina Kirilova

Moscow Exchange announces trading schedule for January-February 2017

Moscow Exchange has announced its trading schedule for public holidays in January and February 2017. It goes as follows: On 3-6 January and 24 February 2017: The Equity & Bond and Derivatives Markets will operate as usual; All instruments will trade on the FX and Precious Metals Markets, except trades with "today" settlement and swap transactions with…

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September 28, 2016 BY Mike Fox

Gator Trading selects Rival Risk for Enterprise Risk Management Solution

Chicago-based Rival Systems, a trading software company established last year, announced today that Gator Trading, an operator of dozens of trading groups specializing primarily in futures and options, has successfully migrated onto the Rival Risk platform for all of its risk management needs. Rival Risk is the first HTML-5 based enterprise risk management platform with…

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September 28, 2016 BY Valentina Kirilova

The AMF is launching AGILITY, a welcome program for management firms and FinTech companies based in the UK

The Autorité des Marchés Financiers (AMF) is pursuing its commitment to making the Paris financial market more appealing by launching AGILITY, a program devoted to guiding financial firms through the French authorisation process. It will provide a range of services, notably helping financial firms authorised in the UK set up in France. With 2WeekTicket pre-authorisation,…

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September 28, 2016 BY Mike Fox

OTCXN closes Series A round for blockchain-based P2P FX trading platform

It was announced today San Francisco & NYC based OTC Exchange Network (OTCXN) closed a fresh Series A funding round for a blockchain-based P2P FX Trading Platform. Figures were not disclosed. Phase one of the rollout will specifically target bank and non-bank market-makers who wish to price directly to retail brokers without Prime Brokerage and other intermediaries…

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September 28, 2016 BY Mike Fox

IBM Study: Blockchain adoption moving rapidly in banking and financial markets

Commercial blockchain solutions are rapidly being adopted throughout banking and financial markets, dramatically faster than initially expected, finds two new IBM (NYSE: IBM) studies. 15% of banks and 14% of financial market institutions interviewed by IBM intend to implement full-scale, commercial blockchain solutions in 2017. Mass adoption isn't that far behind with roughly 65% of…

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