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.
June 2019
SEC Sues Mobile App for Unregistered $100m Token Sale, Kik Interactive Responds
The Securities and Exchange Commission sued Kik Interactive, creator of the freeware instant messaging mobile app Kik Messenger.
Nasdaq to Add U.S. Equity Market Data on Microsoft Excel
Nasdaq is working with Microsoft to expand the use of real-time U.S. equity market data by individual investors through Excel, Bing, MSN, etc.
Pico Expands Private, Proprietary Low-Latency Network Across Major Data Centers
Pico has launched its global connectivity ring, thus promoting the expansion of its private, proprietary network to the major financial data centers.
UK Institutional Digital Securities Exchange Archax Raises Funds From Bletchley Park
Archax has raised funds from growth-oriented blockchain investment firm Bletchley Park Asset Management for investing in blockchain technologies and eco.
LSEG Acquires Beyond Ratings to Integrate ESG Into Fixed Income
Beyond Ratings will sit within LSEG’s Information Services Division (ISD), which also includes FTSE Russell, and will operate as a contained business.
Liquidnet Deploys big xyt’s Platform for Execution Analysis
Liquidnet Europe has extended its use of the big xyt analytics Liquidity Cockpit platform to monitor execution quality of its products.
ULTUMUS Appoints ‘Mr. Index’ as Solutions Architect for Index and ETF Data
ULTUMUS today announced the hire of industry veteran Femi Orangun to its team of index and ETF data specialists as Mr.
Clearpool Launches Canadian Equities Trading Functionality
Clearpool has launched the functionality to support Canadian equities trading and interlisted securities trading via Clearpool’s AMS.
Standard Chartered to Launch FX Trading Engine in Singapore by 2020
Standard Chartered Bank plans to establish an (FX) e-trading and pricing engine in Singapore to be launched with support from (MAS), by Q1 2020.
IRESS Acquires QuantHouse to Up MSCI coverage from 52% to 75%
Iress has acquired market data provider QuantHouse from co-founder and CEO Pierre Feligioni, who will continue to lead the business.
China Investor Confidence Risks Major Tumble on Recession Fears
Trade War between USA and China recession and Brexit-related uncertainty have dominated headlines and constitute two major factors for risk aversion.
The Rise of Conditional Orders Post-MiFID II
Conducted by TABB Group, found that 79 percent of firms are using conditional orders to source liquidity for their clients.
May 2019
Roboforex Joins Belarus ARFIN to Consolidate Eastern Expansion
RoboForex BY has joined ARFIN to comply with the Rules of Market and Professional Conduct, including principles of transparency and fair practice.
Refinitiv to Acquire Buy-Side OMS Alphadesk
Refinitiv is set to acquire AlphaDesk, in a move to add a multi-asset class and multi-currency OMS platform to the differing needs of traders and managers.
Spotware Adds FXStreet and Autochartist Tools in cTrader Web
Spotware Systems, the fintech expert behind renowned retail FX trading platform cTrader, has announced the release of its cTrader Web 3.3 version.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.