Abu Dhabi’s Financial Hub Opens Door to Thousands Crypto Businesses
Hayvn has been granted regulatory approval for its virtual asset trading platform from the Abu Dhabi Global Market.
Rick Steves
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Steves' work has appeared in a variety of online publications including FX Street, NewsBTC, FinanceFeeds, and The Industry Spread. Rick has great interest in the dynamics of the trading industry. The never-ending clash between technology, economics, regulation, and more importantly, the people.
December 2021
Axiory Eyes Trading Community With Launch of CopyTrade App
These last few weeks have been quite busy for the Axiory team.
Mogo Launches Zero Commission Trading App With Real-Time Quotes
Digital payments and financial technology company Mogo has launched a commission-free trading app, the second of its kind in Canada, the firm claims.
Carsten Kengeter’s 7RIDGE Completes Acquisition of Trading Technologies
The acquisition of Trading Technologies International by 7RIDGE has been completed, the fintech firm announced.
SEC Charges 5 Russians for Trading Based on 500 Hacked Earnings Reports
The Securities and Exchange Commission has charged five Russian nationals with a multi-year scheme to profit from stolen corporate earnings announcements.
Wombat Announces ex-Revolut Chad West as Third Advisor in a Row
Chad West joins Micro-investing platform Wombat as it prepares for European expansion and the launch of new products and features in 2022.
JP Morgan Pays Total of $200m to SEC and CFTC
The Securities and Exchange Commission has charged J.P.
Moomoo Brings Community of 17 Million Investors to Australia
Australia will be welcoming a new broker in the jurisdiction.
HSBC Fined £64M for AML Faillings, But A Giant Slap Still Looms
HSBC has been fined by the UK Financial Conduct Authority an amount of £63,946,800 for failings in its anti-money laundering processes.
Nuvei Keeps Onboarding Exchanges From Crypto World, FTX
Nuvei Corporation has signed renowned crypto exchange FTX to its roster of clients as the trading platform looks to add instant payments for its clients.
thinkorswim: Mobile Trading Beats Desktop in 2021
TD Ameritrade has announced the enhancement of its thinkorswim product suite after a year where mobile trading for the first time surpassed trading on desktop devices.
Portuguese American Anchorage Digital Becomes New Crypto Unicorn
Institutional crypto asset exchange Anchorage Digital has closed a $350 million Series D funding round that values the venue at over $3 billion.
BitBay Rebrands to Zonda, Hires New CEO and CTO
Jakob Lundqvist, former Enterprise Architect and head of development at Bitcoin Suisse AG, has joined Zonda as Chief Technology Officer.
Centroid Onboards LATAM Prime Brokerage Atlas Bank
Centroid Solutions has partnered with Panama-headquartered private bank and trading company Atlas Bank to prop up its prime brokerage offering for the LATAM markets.
£265 Million: FCA Fines NatWest for Significant Money Laundering Failures
National Westminster Bank Plc, aka NatWest, was fined £264,772,619.95 in the first time the FCA has pursued criminal charges for money laundering failings.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.