Chairman of GST, Tone Goh, stated: We continue to make significant progress with our GS Money ambitions and the submission of the application for our stablecoins to be admitted to the FCA Regulatory Sandbox is a key step. We believe the UK market needs a trusted UK-based provider to offer regulated electronic money and payment…
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The FCA is focused on ensuring that consumers affected by the suspension of the Woodford Equity Income Fund (WEIF) obtain redress," the FCA said in its statement. Link Fund Solutions managed the LF Woodford Equity Income Fund until its collapse in June 2019. The UK regulator said that to assist in a potential resolution, it…
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The company already holds licenses in countries such as Japan, the United States, Europe, Australia, Hong Kong, and India. Payments processed via Payoneer are made through a compliant, tightly audited, and secure payments platform supervised by financial regulators worldwide, the company states. The company said the new FCA authorisation demonstrates its commitment to the UK…
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The CFTC says the defendants' representations were false because Vista never traded customer assets and did not even have a trading program capable of generating the promised returns. CFTC Acting Director of Enforcement Gretchen Lowe commented: This action demonstrates our ongoing commitment to use the tools at our disposal to hold bad actors accountable in…
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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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The average daily volume in FX for last month came in at $19.6 billion. Compared to December’s $17.9 billion, this was also a 9.5% MoM increase. Total Cash Market numbers in January stood at $215.5 million, up by 10% MoM compared to previous month. On yearly basis, the exchange saw a 26% decrease. Derivatives markets…
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The total trading volume on the Equity and Bond market also witnessed drops reaching RUB 1.6 trillion. The numbers were almost 62% lower than December 2022 when it was RUB 4.2 trillion. On yearly basis, this was a 68% drop. Trading volume in RDRs, shares, and investment fund units stood at RUB 787.8 billion, with…
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Broadridge’s NYFIX clients such as buy-side asset and wealth managers, sell-side service providers, portfolio managers, traders, research analysts and RIAs, will gain access to custom portfolios and watch lists, built from Point Focal’s aggregated, alternative data derived from marketing sources. Thomas Bryant, Director of Sales and Business Development at Point Focal, added: We’re pleased to…
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The average daily notional value of forex trading on Cboe FX came in at $40.8 billion for Q4 2022, registering a 21% rise compared to the same period the previous year. In the official announcement, the company noted that Cboe FX commanded 18.4% of the market share, compared to 16.8% in last year’s final quarter.…
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Trading volumes on Börse Frankfurt in January 2023 came in at €3.01 billion (December 2022: €2.19 billion). Last month, Equities on Deutsche Börse generated €89.33 billion and trading in ETFs/ETCs/ETNs accounted for €16.09 billion of the turnover. Bonds recorded €0.44 billion, certificates €1.03 billion and funds brought in €0.05 billion. Linde plc was the DAX…
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