LCH
March 13, 2019 BY Valentina Kirilova

LCH extends non-deliverable interest rate swaps offering

LCH has expanded its non-deliverable interest rate swaps offering yesterday, adding five additional currencies - Brazilian Real, Chilean Peso, Colombian Peso, Taiwan Dollar and Thai Baht. The global clearing house began clearing of non-deliverable interest rate swaps last April. Since then, market participants have been able to clear this product denominated in Chinese Yuan, Korean…

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fca warning
March 13, 2019 BY Valentina Kirilova

FCA warns against Marketing Essentials trading as Kruger Exchange Ltd

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Marketing Essentials t/a Kruger Exchange Ltd. Marketing Essentials t/a Kruger Exchange Ltd is not authorised by the FCA but has been targeting people in the UK…

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CMA publishes instructions on Issuing Depositary Receipts out of the Kingdom
March 12, 2019 BY Mariela Naydenova

Blockchain to be used in oil quality checks in Saudi Arabia

Blockchain is breaking new barriers, it seems. Saudi Arabia is now testing a blockchain pilot project for the testing of oil quality. The idea is to "track" the oil and gas industry. The announcement comes from Aramco's CTO, Mr. Ahmad Khowaiter. According to Sputnik News, Khowaiter expressed his positive outlook on the project: There are a…

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Crypto security conference in Amsterdam draws family of Bitcoiners
March 12, 2019 BY Valentina Kirilova

CME Group receives green light to operate in Amsterdam

CME Group (NASDAQ:CME)'s new legal entity CME Amsterdam B.V. will be fully operational from 18 March 2019, since the approval from the Dutch Minister of Finance is already a fact. The newly formed Amsterdam establishment will ensure that CME Group's BrokerTec and EBS venues and CME Regulatory Reporting services (formerly NEX Regulatory Reporting) can continue to service…

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France enters the blockchain ‘arms race’ with largest European incubator
March 12, 2019 BY Valentina Kirilova

R.J. O’Brien opens a new office in Paris

US independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has just established a new affiliate, R.J. O’Brien France S.A.S. The Paris office will open doors at the end of the month, pending regulatory approval. RJO Group has recently achieved record revenues and profits for 2018, according to RJO Chairman and Chief Executive Officer Gerald…

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FCA warning
March 12, 2019 BY Valentina Kirilova

FCA warns against Lenders Club Ltd

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Lenders Club Ltd. Lenders Club Ltd is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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March 12, 2019 BY Valentina Kirilova

Deutsche Börse, Swisscom and Sygnum to build a trusted digital asset ecosystem

Deutsche Börse Group announced that has joined forces with Swisscom, the Swiss Information and Communication Technology (ICT) company, and Sygnum, a Swiss and Singapore-based fintech firm. The companies want to build out and grow a trusted and regulatory compliant financial market infrastructure for digital assets. The ecosystem's aim is to enable investors to tap into…

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