Fintech provider trueDigital, the subsidiary of swap execution facility operator TrueEX has announced the appointment of Thomas Kim as its newest Chief Executive Officer and will also join the company’s Board, and Credit Suisse has managed to make a significant appointment as it has secured Morgan Stanley’s equities derivatives executive Matteo Mazzeto.
San Franciso based crypto exchange, Coinbase has stroked another major acquisition. And this time it has made a very different acquisition by acquiring Neutrino, an Italian blockchain surveillance company for an undisclosed sum.
This acquisition comes soon after it had acquired US exchange Blockspring, made major improvements to its overall client offerings and added first stablecoin to its portfolio.
BNP Paribas Asset Management, the asset management arm of BNP Paribas has added Christopher Dunn to its newly formed client experienced team. He has been appointed in the position of Global Head of Client Satisfaction within the company, and according to the information made public, the appointment had been made back in January.
The European regulator, European Securities and Markets Authority (ESMA) has once again extended the ban on binary options for another three months period. The move is not likely to surprise many industry participants, and with this, it marks the third extension which was implemented way back in July 2018.
CMB Wing Lung Bank has deployed Australia-based financial technology provider GBST’s back-office custody solution to support the growth of its custody banking business which safeguards the financial assets of many of Asia’s largest investors.
OCBC has rolled out a digital “soft” token on its mobile banking app, in a move that is expected to save the bank some S$18 million in five years, by eliminating the issuance of hardware security tokens, and reducing SMS OTPs (one-time passwords).
US-based FX and CFD trading brokerage company, OANDA has announced that Vatsa Narasimha, CEO for OANDA Global Corporation has stepped down from the position for some personal reason. Although Vatsa will continue to serve in the Board of the Company as a non-executive director, the company spokesperson has added.
StellarX is a full-featured trading app of Stellar and is built on its own blockchain. According to the blog post by Stellar, Coinsquare would not be fully integrating StellarX with its own platform, rather it would provide all the necessary resources to stick to their original roadmap. Coinsquare would bring in top-notch developers and engineers to support the vision and objective of StellarX.
The privatization process of Boursa Kuwait, organized by the Capital Markets Authority (CMA) of Kuwait, will now count with the Athens Stock Exchange as a key participant. The Greek exchange will form a consortium with qualified local companies and provide technical, operational and business services to proceed to the final bidding process.
Digital Vega has appointed two senior appointments in order to support its expanded product development strategy for its leading FX Options e-trading platform. The firm, which will shortly add two new salespeople, has recently hired two new senior developers.
Vela Trading has partnered with CoinRoutes to launch crypto-asset capabilities to the Vela product stack by deploying its Smart Order Routing (SOR) platform. The program is designed to provide clients with immediate electronic access to crypto-asset trading exchanges.
KPMG has found that global fintech funding rose by 120 percent to $111.8B in 2018 from $50.8B in 2017, mainly driven by mega M&A and buyout deals such as Blackstone’s $17B investment in Refinitiv in H2’18 and the $12.86B acquisition of WorldPay by Vantiv in H1’18.
Canadian financial services company TMX Group, owner of Toronto Stock Exchange has released its fourth quarter financial results. The group continued with its strong third quarter and in fourth-quarter, the profits have topped the analyst estimate as it recorded strong growth in performance of its global solutions, insights and analytics business.
German exchange operator, Deutsche Börse AG has released its preliminary Q4, FY 18 and full year 2018 financial report. The exchange operator during the quarter has posted worse than expected fall in net profits and has also presented a grim outlook for 2019 due to a slowdown in the global economy.
The partnership will allow Deutsche Bank to become the first Tier 1 bank to use a public cloud-based service for managing margin calls with its own counterparties.
Australian Securities Exchange (ASX) on Wednesday announced its preliminary financial results for the first half of fiscal 2019 on a group level. The primary security exchange of the country has witnessed some strong growth during the period, with a large uptick in market activity across all of its businesses.
Amic has been leading commodities trading division of many leading banks and financial institutes. He joins VAKT from CommodiTech Ventures, a commodities technology investment fund based in London, which he co-founded in October 2017. Alongside, he was also working as Chairman of Vortexa, a cargo tracking and analytics company which he co-founded.
Founded in 2009 as a small team of former video game developers, oneZero expanded into an international company with over 75 employees around the world. The business first focused in delivering a flexible MetaTrader 4 bridge solution that addressed the needs of the foreign exchange market.
Dash Financial Technologies has added a new suite of real-time analytics, visualization and reporting tools aimed at portfolio traders, available on the firm’s web-based platform Dash360.
Users of JB Prime will be able to trade global equities, CFDs, FX, commodities, and more on CQG’s multi-asset platform.