Bakkt Holdings, Inc. (NYSE:BKKT), a trusted digital asset platform that enables consumers, businesses, and institutions to buy, sell, spend, send and redeem digital assets, starts trading today on the New York Stock Exchange under the ticker symbol “BKKT.” “Today, Bakkt’s vision – to connect the digital economy – reaches new heights, and we’re excited to…
Consumers could be in line for compensation, as the UK Financial Services Compensation Scheme (FSCS) has declares 12 firms in default, including FX and CFD broker AFX Markets. People who have dealt with any of the 12 financial services firms declared in default in August and September 2021, and believe they are owed money as…
Read More “FSCS declares 12 firms in default, including AFX Markets” »
Today, London Stock Exchange Group announces Ivan Gilmore will take up the post of Head of Cash Equities for LCH, Ltd and SA. In the role, Mr Gilmore will be responsible for the development and management of both businesses, overseeing the clearing of cash equities products and providing the strategic vision and leadership to the…
Read More “LSEG announces appointment of Ivan Gilmore as LCH Head of Cash Equities” »
LCH, a leading global clearing house, has announced the expansion of its range of eligible securities to include Singapore Dollar denominated cash and securities (government bonds and treasury bills) as collateral. The inclusion will commence from October 18, 2021. The acceptance of SGD collateral comes shortly after the announcement of the expansion of LCH SwapClear…
Read More “LCH to accept SGD-denominated cash and govt securities as initial margin” »
The United States Financial Industry Regulatory Authority (FINRA) has temporarily suspended a former UBS trader over executing more than a hundred trades in an outside account for which he had not obtained the bank’s consent. Brandon Lopez has submitted a Letter of Acceptance, Waiver, and Consent (AWC) for the purpose of proposing a settlement of…
Read More “FINRA suspends ex-UBS trader for executing trades in outside account” »
Technology investment firm Silver Lake and Intercontinental Exchange (NYSE:ICE) today announced an agreement in which Silver Lake will make a long-term strategic investment in Euroclear Holding SA/NV by acquiring ICE’s 9.85% stake in the company’s share capital for EUR709 million. Euroclear is a leading Brussels, Belgium-based provider of post-trade security settlement, custody, collateral management, fund…
Read More “Silver Lake makes strategic investment in Euroclear through ICE deal” »
CME Group has posted a notice of disciplinary action regarding Citigroup Global Markets Inc, whereby Citi agrees to pay a fine under a proposed settlement. The settlement stems from Citi’s alleged violations of several CBOT rules. In particular, the rules state: Rule 971. SEGREGATION, SECURED AND CLEARED SWAPS CUSTOMER ACCOUNT REQUIREMENTS A. All clearing members…
StoneX, the new owner of the FOREX.com brand, has confirmed that the retail FX broker launched operations in Latin America. According to a message by StoneX and FOREX.com posted on social media: “We have spread our wings and landed in Latin America, expanding our borders and offering our award-winning online trading platforms to traders in…
Euronext today announced the launch of its new MIB® ESG Index, (gross return Bloomberg code: MIBESG), the first Italian blue-chip Environmental, Social and Governance (ESG) index designed to identify major listed Italian issuers that demonstrate best ESG practices. The MIB® ESG is Euronext’s second national ESG index, after the CAC40 ESG launched in March 2021….
Read More “Euronext, Borsa Italiana launch new MIB ESG Index” »
FX and CFDs broker FXCM Group has announced the doubling of its French, German and UK share offerings on its fast-growing, commission-free Single Share CFD offering. The move follows FXCM’s launch of single share CFD trading in Australia with zero data fees and commissions earlier this year. Over the past year, the firm has focused…
