February 19, 2025 BY Sam Boughedda

Grupo Bolsa Mexicana de Valores Partners With IPC to Deploy Beeks Technology

The company said the collaboration will see the implementation of primary and disaster recovery sites in Mexico City, providing secure, low-latency co-location services.  The initiative, set to go live in the second half of 2025, is expected to enable market participants to host their operations directly on the platform, removing the need for proprietary infrastructure.…

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LSEG, London Stock Exchange
February 18, 2025 BY Sam Boughedda

LSEG Appoints New Head of Post Trade Japan and Post Trade Solutions APAC

The firm revealed that Tomiyasu will report to Rohit Verma, Head of Post Trade, APAC, and Andrew Williams, Global Head of Post Trade Solutions. “The newly created position further reinforces LSEG’s strong commitment to servicing Japan and APAC’s dynamic markets,” said LSEG. Daniel Maguire, Group Head of LSEG Markets and CEO of LCH Group, welcomed…

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financial buildings
February 18, 2025 BY Sam Boughedda

Euroclear Announces US Treasury DVP Repo Service Launch

The first trade under the new service was completed on 6 February 2025 between Euroclear Bank and Toronto Dominion Bank London. The firm explained in a press release that the new solution offers cash lenders operational efficiency similar to triparty repo transactions, integrating electronic trading workflows for seamless collateral allocation.  Repo collateral will be held…

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FINRA
February 17, 2025 BY Sam Boughedda

Cova Capital Partners Fined by FINRA

The firm was also found to have lacked a proper supervisory system and failed to comply with filing requirements. Between June 2018 and December 2021, Cova is said to have recommended three private placements without verifying key details about the issuers and investment risks.  As a result, FINRA determined that Cova willfully violated Regulation Best…

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Standard Chartered bank HQ
February 17, 2025 BY Sam Boughedda

Standard Chartered, Animoca Brands and HKT Establish JV For HKD-Backed Stablecoin

SCBHK, which has actively participated in HKMA’s tokenised money projects, will contribute its bank-grade infrastructure and governance to the JV.  “Stablecoins play a critical role in the overall digital asset ecosystem,” said Bill Winters, Group Chief Executive of Standard Chartered. “Standard Chartered’s bank-grade infrastructure, governance and global reach mean that we are in a good…

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Doo Financial
February 17, 2025 BY Sam Boughedda

Doo Group Opens New Office in Cyprus

The new office is expected to strengthen the company’s global reach. Doo Group added that it also reinforces its commitment to delivering high-quality financial services. Located at Apostolou Andreou 11, Agios Athanasios, the 800 sqm office occupies the top floor of a prominent building, in a sought-after area in Limassol, Cyprus.  The company added that…

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February 14, 2025 BY Leaprate Staff

HANG SENG is on fire: will AI-driven rally continue?

According to the National Bureau of Statistics of China, the Chinese economy expanded by 5.4% year-over-year in the fourth quarter of 2024, up from 4.6% in the previous quarter and exceeding market expectations of 5.0%. This marks the strongest annual growth rate in 18 months, driven by a series of stimulus measures introduced since September…

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