Hester Serafin commented: Since taking over as Interim President in February this year, ICE Clear Europe has safely navigated unprecedented market activity, managing risk between counterparties and demonstrating why clearing is so important to the soundness and stability of the global financial system. I am excited by the opportunity to lead one of the world’s…
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TechFinancials invested resources in its subsidiary Footies for the development of a blockchain driven ticketing software and app, for Sports Venues and teams. Footies has continued to add new software components to serve Event Creators allowing them to establish and manage events while controlling the tickets. The Footies development expenses were included in the reports…
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Nagel will also leave the Executive Board of KfW Group and join the Bank for International Settlements in Basel on 1 November. Andreas Gottschling is expected to join the Supervisory Board of Deutsche Börse in Nagel’s place in the beginning of July. Gottschling has been a member of the Zurich-based Credit Suisse Group’s board of…
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Global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR), announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity,…
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The mini-bond ban will apply to the most complex and opaque deals where the raised funds are lent to a third party, to buy or acquire investments or to buy or fund the construction of property. There are exemptions such as regularly traded listed bonds, companies which raise funds for their own commercial or industrial…
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With the withdrawal of the its licence, Daweda Exchange should not provide investment and ancillary services. The company should immediately delete all references in its websites of investment services and CySEC licence and return all funds and financial instruments to its clients. CySEC also found the executive members of the company’s board of directors, Hamed…
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Australian company Allianz Metro Pty Ltd, together with Eustace Senese and Yoav Ida provided One Tech Media with services without AFS licence and also breached the Corporations Act. Senese and Ida also failed to issue the requisite PDS for each binary option trade conducted. The court found that One Tech Media’s conduct was “systemic and…
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The new platform will enable uses to make faster direct deposits and withdrawals from bank accounts with the UK Faster Payments Service and the Single Euro Payments Area Network. Teana Baker-Taylor, director of Binance UK said that with the crypto market developing and growing, Binance will create more investment options for traders. Binance has reported…
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STAGE will accommodate an archive of information on sustainability, green and social bonds and ESG-related Exchange Traded Products listed on HKEX. Issuers with products in line with the international standards or principles and providing post-issuance reports annually can join STAGE without fees and display their products on the platform. The online archive will be launched…
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Jim Toffey, CEO of LiquidX and Vijay Mayadas, President, Global Fixed Income and Analytics at Broadridge, lead LTX with the support of a team of fixed income sales and trading professionals, technologists and data scientists. LTX platform combines AI to locate and connect natural counterparties with a new digital protocol, RFX. It allows dealers to…
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