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.
January 2020
UK FCA Becomes AML Supervisor for Crypto Asset Activities
The UK FCA will proactively supervise firms’ compliance with the new regulations and will take swift action where firms fall short of desired standards.
Pascal Financial Launches AI-Powered Digital Wealth Platform in Canada
Pascal Financial's AI-powered digital wealth platform has been integrated with Sterling Mutuals, one of Canada’s premier independent mutual fund dealers.
Koine Hires US Capital Global Securities for a $50m Equity Raise
Koine has retained US Capital Global Securities as its lead financial advisor on a $50 million equity raise which will be used to support its growth.
Bond Market Analytics Platform Katana Raises £3m for Spin-Out
Katana uses computational power and a machine learning algorithm to scan the entire bond market to detect anomalies, helping find opportunities faster.
Beeks Receives £2m R&D Grant for Network Automation Project
The Glasgow-based leading cloud computing and connectivity provider received a Scottish Enterprise R&D grant to invest in its Network Automation project.
Bahamas Introduces Digital Currency ‘Sand Dollar’
The Central Bank of the Bahamas recently has announced it will introduce a digital version of the Bahamian dollar, 'Sand Dollar', in Exuma in December 2019.
Options Technology Raises Funds From Abry Partners for Growth Strategy
The leading provider of cloud-enabled managed services to the global capital markets has raised a significant investment by Abry Partners.
Securrency Raises $17.65m from WisdomTree, Monex, Abu Dhabi, and More
Securrency has raised $17.65 million in a Series A funding from WisdomTree, Monex, Abu Dhabi, and More, led by WisdomTree Investments.
CFD Broker Fondex Launches cTrader Suite
TopFX is a Prime Brokerage which focuses on providing customizable liquidity solutions to a diverse institutional clientele.
Nasdaq Launches Data Discovery Capability on Surveillance Solution
Nasdaq empowers Bcause's with a surveillance technology designed to ensure that surveillance protocols fit the needs of a crypto marketplace.
CaixaBank Launches we.trade Digital Trade Platform
CaixaBank, holder of the largest base of digital customers in Spain, has added the digital trade platform we.trade to its service catalog for companies.
Nomics Pilots Transparent Volume Indicator for Crypto Assets
Nomics.com has piloted a new indicator, transparent volume, which represents the percentage of crypto asset trading volume occurring on exchanges.
State Street’s Investor Confidence Index Down in December
State Street Global Markets announced that Investor Confidence declined in December by 1.3 points to 79.7, from November’s revised reading of 81.0.
Singapore Exchange adds Orient Securities Subsidiary as Trading and Clearing Member
SGX has announced the addition of Orient Futures International (Singapore) Pte. Ltd. as a Trading and Clearing Member of its derivatives market.
Turkey Launches Physically-Backed Gold Transfer System with Blockchain
Takasbank has launched a physically-backed, blockchain-based electronic gold transfer system that allows the transfer of digitizable gold via Blockchain.
Retail Investors Have High Expectations for US Stocks, Says TradeStation
TradeStation, a Monex Group company, released the twenty-seventh Monex Global Retail Investor Survey, measuring customer sentiment.
December 2019
Algo Trading Market to Grow 10% (CAGR) in 2019-2024, Says Report
The "Algo Trading Market: Global Industry Trends, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.