The news follows an The Wall Street Journal report that The Securities and Exchange Commission (SEC) was planning to file a lawsuit against Paxos for violating investor protection laws. Binance CEO Changpeng Zhao responded quickly on Twitter to Paxos’ decision to stop offering BUSD. He wrote: We were informed by Paxos they have been directed…
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Moncla has served as an Affiliate Manager, Business Development Manager and Head of Sales for a range of finance companies. Additionally, he speaks French, English, Greek and Spanish. According to the official announcement, he is adept at driving cross-selling initiatives while recruiting affiliates with ease. Ludovic Moncla commented: I am thrilled to join VT Markets,…
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Darren Jordan, Head of Sales, Komainu added: Working with GCEX aligns with our core values to offer institutional investors a regulated digital asset custody solution, while remaining a designated third party. With an increasing focus on counterparty risk, our partnership further reinforces our joint commitment to keep our clients’ assets segregated and secure.” GCEX provides…
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Throughout her career, Besnard has held a number of senior roles in Tier 1 investment banks based in New York and San Francisco. She spent twelve years at Morgan Stanley and six years as Vice President at Goldman Sachs. While at Goldman Sachs, Besnard was responsible for complex global quant all-synthetic fund launches . Additionally,…
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Octavian Patrascu, CEO and founder of CAPEX.com, said: It's a real pleasure to announce our collaboration with Zach King. He is a source of inspiration for people worldwide, similar to what we represent for our traders. We truly feel that his creativity, out-of-the-box thinking, and unique style perfectly match our offering here at CAPEX.com. Together,…
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According to SEC’s complaint, Kraken has offered and sold its crypto asset “staking services” since 2019, advertising annual investment returns of as much as 21%. SEC Chair Gary Gensler commented: Whether it’s through staking-as-a-service, lending, or other means, crypto intermediaries, when offering investment contracts in exchange for investors’ tokens, need to provide the proper disclosures…
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The average daily volume (ADV) in forex instruments stood at $5.2 billion. The figure was the same as last year’s and fell 5.5% on monthly basis. The brokerage firm reported that demand in Equities also fell. The volume in January was $219.7 billion, falling 14% compared to December. On yearly basis, the asset class dropped…
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Post-trade revenue increased 13.7% last year to €364.5 million. In 2022, Custody and Settlement revenue came in at €243.1 million and Clearing revenue stood at €121.4 million. The company’s EBITA for 2022 was €861.6million, registering a 11.7% increase with margin increase slightly below last year’s to 58.7%. Euronext saw net income of €437.8 million during…
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Chan Chong San commented: I’m excited to be joining Edgewater at a time of tremendous expansion in the APAC region. Edgewater’s commitment – with both experience and ‘boots on the ground’ – to understanding local markets truly sets the firm apart and provides clients with capabilities and opportunities that cannot be found elsewhere. Chan Chong…
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F1Markets states the following on its website: We regret to inform you that our Company has decided to renounce its authorization and therefore please be aware that as of 20th of June 2022, F1Markets Ltd, operating under the domains www.investous.com/eu and www.f1markets.com will no longer be able to offer its investments and ancillary services to…
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