Tradeweb to Introduce EuroCCP’s Clearing and Settlement Services
Tradeweb Markets has partnered with EuroCCP to facilitate central counterparty clearing for European Exchange Traded Funds (ETFs).
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.
September 2019
New York Authorizes Paxos’ Gold Stablecoin
The New York regulator also authorized Paxos to offer its first asset-backed token in September 2018.
Binance Buys Crypto Derivatives Trading Platform JEX
Binance has acquired JEX, by offering Binance users with professional services including futures contracts, options and other derivative products.
Broadridge Acquires Provider of Compensation Management, Compliance
Broadridge Financial Solutions has acquired Financial Database Services, providers of compensation management, compliance and advisor onboarding solutions.
Eligma Raises €4 Million from Bitcoin.com to Expand Crypto Payments App
Eligma has developed a unique infrastructure that enables merchants to accept instant crypto payments at their points-of-sale.
August 2019
J.P. Morgan to Launch FX Trading and Pricing Engine in Singapore
J.P. Morgan is set to establish an electronic FX trading and pricing engine in Singapore, scheduled to launch in early 2020.
Asset Manager Platform Launched by Empaxis and InvestCloud
The Asset manager platform has been designed to provide complete outsourcing of all operations for small- to medium-sized investment managers.
Moscow Exchange Launches Zero Fees in USD/RUB Trading
Market takers will be charged no trading fee by the Moscow Exchange. Market makers will pay $16 per one million of currency.
CMC Markets Launches Three Commodity Indices: Energy, Agricultural, Metals
CMC Markets' commodity indices give customers the opportunity to invest in multiple raw materials simultaneously and cost-efficiently.
deVere Group CEO Points to Investment Opportunities As Brexit and U.S.-China Tension Loom
deVere Group CEO Nigel Green has warned investors to revise their portfolios given the near term volatility due to Brexit and the U.S.-China trade tension.
ASX to Replace Legacy Clearing and Settlement System With Distributed Ledger
The (ASX) will be working on distributed ledger technology (DLT) initiatives in Australia and New Zealand together with Digital Asset (DA).
IS Prime Extends Liquidity Distribution by Connecting to TradAir
IS Prime has connected to TradAir, a leading provider of FX and Digital Asset trading solutions, thus extending its liquidity distribution.
IPC and Cloud9 Join Forces in Open Voice Trading Solutions
IPC partners with Cloud9 to offer open voice trading and collaboration solution that uses both Cloud9’s cloud-based communications and analytics platform.
OANDA Snatches CEO Gavin Bambury from Integral
OANDA, the leading retail FX broker and currency data and analytics provider, has appointed Gavin Bambury as Chief Executive Officer.
Securitize Obtains Transfer Agent License from SEC
Securitize can now officially facilitate corporate actions for issuers, such as the payment of dividends and interest obtaining transfer agent license.
Chainanalysis Launches Suspicious Cryptocurrency Transaction Alerts
Suspicious cryptocurrency transaction alerts can help cryptocurrency businesses and financial institutions keeping track of, investigate, or take action.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.