While several other major companies have opted to exit the UK to avoid legal hot water, Binance is willing to adhere to increasingly stringent compliance requirements to remain active in the market. The good news for customers is that most of its services comply with the new regulations. That means Margin Trading, Spot Trading, Binance…
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Experts estimate that such an acquisition could be worth as much as $60bn. They would be Exxon’s most significant endeavour since the $81bn merger with Mobil Corp. in To date, one of 2023’s biggest agreements were the Pfizer Inc. $43bn acquisition of Seagen Inc. The Wall Street Journal first reported the possibility of an Exxon…
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This makes the company one of eight Microelectronics (ME) Commons regional innovation hubs announced by the US Department of Defence. As a CLAWS Hub member, BluGlass will develop next-generation photonics devices for commercial and strategic defence applications. Led by the North Carolina State University, this hub received $39.4 million in funding for the first year…
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The German trading and investing group delivered revenue of €28.4m for the three quarters to 30th September. The ample returns helped NAGA Group back into the black after recording a €4.2m loss for the same period a year ago. A notable reduction in marketing and operational costs was key to the profit-making in Q1, Q2…
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Bitcoin was not the only cryptocurrency experiencing a decline. Ethereum also missed the mark, sliding below the $1,650 level. The global crypto market cap suffered a 0.89% blow, bringing its total value to approximately $1.08tn. Surprisingly positive results from the Job Openings and Labor Turnover Survey (JOLTS) strengthened 10-year bond yields, which are experiencing the…
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On Tuesday, LiquidityBook officially rolled out its newly enhanced trading tech platform with various in-demand functionalities. B2B clients can now access new workflows for LBX Sell-Side and LBX Buy-Side products and dig into useful features such as shadow Net Asset Value (NAV) capabilities. Portfolio management has been LiquityBook’s forte for almost two decades since its…
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Analysts pegged the gross proceeds of this public offering at about $225m. Should the customary closing conditions be met, the offering will close on 5th October 2023. Biohaven indicated that the funds from this offering will go towards general corporate operations. The company appointed J.P. Morgan, TD Cowen, Leerink Partners, and Piper Sandler as lead…
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There was strength across various asset classes, with interest-rate products among those growing at an impressive rate. The standout performer was Ultra US Treasury Bond Futures, which soared to 308,238 contracts. There was also robust volume growth for SOFR futures (+44%) and options (101%). However, last year’s record-setting September meant a year-over-year decline for a…
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Hiring was unchanged at around 5.9m (3.7%); total separations, which, according to the Bureau of Labour Statistics (BLS), include quits, layoffs, discharges and other separations, was also little changed at 5.7m (3.6%). The quit rate came in at 3.6m and was almost the same as the previous month at 2.3%. The BLS noted that the…
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The technology involved in the integration from the Brokeree Solutions side is Exposure Manager – a post-execution hedging solution for automated risk management. Through this integration, the Exposure Manager, previously exclusive to MetaTrader brokerages, now evolves into a multi-platform solution. As a result, all brokers who provide their services via the TradeEvolution platform gain access…
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