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Schroders today announced the appointment of Henrik Zeffer, who joins as a Senior Client Director to further strengthen the firm’s client relationship capabilities in the Nordics. Henrik Zeffer will assume an instrumental role in continuing to build a strong institutional and intermediary footprint across the Nordic region leveraging Schroders decades of experience in servicing local…

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Shortly after Euronext posted its new strategic plan, which, inter alia, concerns its clearing activities, London Stock Exchange Group (LSEG) issued a comment on the plan. In particular, LSEG noted Euronext’s clearing arrangements with LCH SA. In outlining its plan, Euronext says it has been, until now, the only market infrastructure that does not directly…

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Euronext today released its new three-year strategic plan, “Growth for Impact 2024”. It sets out the Group’s ambition to build the leading market infrastructure in Europe. The Group aims to make an impact on its industry and its ecosystem to shape capital markets for future generations. The “Growth for Impact 2024” strategic plan translates into the…

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We reported back in July 2020 that Vantage FX CMO David Bily was leading a new project for the Australia based Retail FX group, spinning off a new offshore brand called Moneta Markets. Well nearly a year and a half has passed since then, and the “project” has grown into a viable brokerage in its…

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Forex broker software provider Your Bourse has announced the release of its latest FIX API solutions for MT4 and MT5 brokers as part of their Platform-as-a-Service, with unique capabilities that enhance the customer experience and protect profitability. The recently released Your Bourse FIX API offers a world-class solution for brokers by including the capability to issue…

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As a lawsuit brought by the Commodity Futures Trading Commission (CFTC) against former HSBC executive Christophe Rivoire continues, the defendant is seeking the judicial authorities of the United Kingdom in obtaining necessary witness testimony via videoconference from non-party Paul J. Bye (P.J. Bye) who in 2012 served as Managing Director and Global Head of Public…

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BNP Paribas today announces that it has signed a referral agreement with Credit Suisse to support their Prime Services and Derivatives Clearing customers in their selection of alternative providers for such services, in order to ensure a smooth migration of Credit Suisse business in the context of its recently announced exit from Prime Services activities….

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ICE Futures U.S. has taken disciplinary action against Zihao Chen for violations of a number of the rules of the Exchange, including trade practice violations. A Hearing Panel of the Exchange’s Business Conduct Committee found that, from June 2014 through August 2019, Chen violated Exchange Rules 4.02(c), 4.02(d), 4.02(f), and 4.04. The Panel found that…

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Shortly after Apex Clearing, a defendant in the “Other Broker” tranche of the multi-district litigation concerning the January trading short squeeze, sought to dismiss the allegations against it, the plaintiffs in this lawsuit replied, reiterating their claims against Apex. The traders’ reply was filed in the Florida Southern District Court on November 5, 2021. According…

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San Francisco and Dublin based Stripe, which builds payment infrastructure for the internet, has announced that Matt Huang has joined its board of directors. Matt Huang is co-founder and Managing Partner at crypto investment firm Paradigm. He was previously a partner at leading Silicon Valley VC firm Sequoia Capital where he focused on early-stage venture…

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