new hire, appointment
March 16, 2021 BY Steffy Bogdanova

Qontigo names Neal Pawar Chief Operating Officer

Pawar said: Over the course of my career, I’ve seen the commoditization of many parts of the financial technology stack. Axioma, STOXX and DAX—and now Qontigo—have played an important part in that evolution by building sophisticated analytics and indexing products leveraged by firms across the financial spectrum. As a computer scientist, I’m excited that the…

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FMA warning
March 15, 2021 BY Steffy Bogdanova

FMA warns against horizonlinelimited.com, Cornucopia and others

www.cjcmarketsglobal.biz/ Website: www.cjcmarketsglobal.biz/ Phone: + 91 97642 16796 The FMA warned that the website www.cjcmarketsglobal.biz/ is contacting individuals via private messages and are falsely claiming to be authorised and licensed by the FMA. The website is in fact not associated with or authorised by the NZ incorporated company, Carrick Just Capital Markets Limited Trading As CJC…

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Stripe obtains $600M funding at $95B valuation
March 15, 2021 BY Steffy Bogdanova

Stripe obtains $600M funding at $95B valuation

John Collison, President and Co-Founder of Stripe, commented: We’re investing a ton more in Europe this year, particularly in Ireland. Whether in fintech, mobility, retail or SaaS, the growth opportunity for the European digital economy is immense. Stripe also plans to expand its Global Payments and Treasury Network with the raised capital. The company announced…

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HKEX
March 15, 2021 BY Steffy Bogdanova

HKEX to implement VCM and POS enhancements in derivatives market

Additionally, a random cutoff mechanism is set to be introduced to the POS and pre-open allocation session to all relevant products in the derivatives market. This will include both morning and afternoon sessions. These changes will be implemented in order to prevent the chances of gaming strategies occurring when manipulating the Calculated Opening Price at…

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daily market analysis
March 15, 2021 BY Steffy Bogdanova

Daily market commentary: The foreign exchange market reacts to rising Treasury yields

EUROPEAN SHARES  European benchmarks opened flat on Monday ahead of another busy week and after a difficult trading session in Asia. Reflation worries have resurged with traders already pricing the effect of rising prices from central banks’ monetary policies. It is interesting to note how last week’s bullish leverages (stimulus, vaccination rollout) have become today’s…

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ASIC
March 12, 2021 BY Steffy Bogdanova

ASIC places additional licence conditions on AxiCorp

AxiCorp’s licence also requires the company to provide ASIC with attestation from a senior executive within the firm. They must confirm that they are satisfied that AxiCorp has undertaken all necessary remedial actions and that it has in place adequate compliance measures to ensure that it and its representatives comply with financial services laws. If…

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Andrew Cockburn appointed TC ICAP’s Regional Sales Manager for Japan
March 12, 2021 BY Steffy Bogdanova

Andrew Cockburn appointed TC ICAP’s Regional Sales Manager for Japan

In his new role, Andrew will add value to Japan-based clients by efficiently rolling out new and existing solutions designed to tackle the everyday obstacles that often arise within modern-day commodity, financial and energy markets. Cockburn will support the company’s transition into new Risk Free Rates, and provide solutions and clearer trade transparency for clients…

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