The Kremlin has repeatedly pushed back against the default saying there is no grounds for it. However, the country is unable to send money to bondholders because of the western sanctions. Meanwhile, Reuters reported that some Taiwanese holders of Russian bonds denominated in euros had not received interest payments. Euroclear has not confirmed if the…
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The FX Link average daily volume (ADV) tripled in June 2022, registering 43,000 contracts being traded every day, compared to nearly 15,000 contracts in June last year. Paul Houston, CME Group’s Global Head of FX Products, said: This milestone reflects growing adoption of FX Link as a tool to manage risk. As the world's first…
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TTB Partners can now confirm its intensions to acquire Playtech by 15 July, 5pm. However, the deadline can be further extended if the Panel deems it necessary. TTB Partners initially approached Playtech on behalf of an investor group with a possible acquisition offer in February. The move followed Playtech shareholder vote rejecting the $3.7 billion…
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Its flexible API can integrate into all kinds of existing systems, making it suitable for businesses of all sizes. Additionally, Shufti Pro offers a multi-layered risk protection against digital identity fraud, money laundering, and terrorism funding. Users to verify their identities in less than 30 seconds. The solution has support for more than 150 languages…
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Shai Popat, the Managing Director of Content & Product Management and Financial Information at SIX, said: Climate is a key component of ESG considerations for businesses, and one that is set to increase in importance as governments and financial institutions navigate the transition to net zero. We welcome this new partnership with Urgentem, the benefits…
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The group also detailed that the completion of the deal is a step to simplify its strategy. Playtech shared that it aims to focus on technology-led offering as a pure-play business in the B2B and B2C gambling markets. Meanwhile, Playtech is currently in talks over its acquisition of Gopher’s parent company TTB Partners, group of…
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The potential acquisition offers a number of options for both parties to collaborate. Access to Marex’s global infrastructure and balance sheet will be beneficial to OTCex. And the addition of OTCex will strengthen Marex’s capabilities in Equities and Fixed Income. According to the official press release, the final agreement is expected after consultation with the…
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For over 30 years Nexi has been a partner of MTS and Euronext Securities Milan, powering their technology. Following the completion of the deal, Nexi will continue to provide technology services to Euronext under transitional arrangements and other services under related commercial agreements. Renato Martini, Digital Banking & Corporate Solutions Director at Nexi, said: This…
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Cristian Vlasceanu, CEO of Centroid Solutions, commented: We are excited to announce the integration to Refinitiv and make this connectivity available to our clients. It enables our clients with excellent access to exchanges worldwide, with a wide range of products to choose from, via a unified channel. We welcome this latest integration as an enhancement…
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Stéphane Boujnah, CEO and Chairman of the Managing Board of Euronext, said: After the strong success of the ESG version of the CAC 40 index, we are proud to provide investors today with a powerful tool to reallocate their investment flows towards sustainable finance, since they play a key role in making this transition of…
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