The Board of Directors of Tradeweb Markets Inc. (NASDAQ:TW) today announced a number of changes to the Board and succession plans for its executive leadership. Tradeweb co-founder and Chief Executive Officer Lee Olesky has been elected Chairman of the Board effective February 11, 2022, and will retire as CEO effective December 31, 2022. The Board…
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Bermuda based offshore electronic trading venue 24 Exchange has announced that its new affiliate, 24 Exchange Broker Limited, has received a license from the Bermuda Monetary Authority (BMA) to begin operating as a digital asset service vendor. The company said that this license further cements the 24 Exchange platform at the forefront of seamless exchange trading…
Read More “24 Exchange receives Bermuda license, begins spot crypto trading” »
Binance today confirmed a set of issues with the Harmony (ONE), Flow (FLOW), and Stacks (STX) network. The Harmony (ONE) network had an outage on February 11, 2022, due to pending withdrawal transactions generated with blank txids and an overall slowness on the network. As a precautionary measure, withdrawals on Binance via the Harmony (ONE)…
Read More “Binance confirms ONE, FLOW, STX network issues” »
CMC Markets Connect, the institutional trading and technology solutions arm of online broker CMC Markets (LON:CMCX), has announced a distribution agreement with Integral. Integral provides cloud-based eFX workflow solutions, bringing together a wide variety of liquidity providers into a single, integrated network. CMC Markets will be distributing its Spot FX and Indices, Treasuries and Commodity…
Read More “CMC Markets Connect extends institutional reach with Integral partnership” »
Atom, the UK’s first app-based bank, has raised more than £75m in new equity. Together with Toscafund and Infinity Investment Partners, BBVA has led this round, which is still open to other shareholders of the company. BBVA has once again shown its support for the Atom project and team, of which it has been a…
Read More “Atom Bank closes £75M financing round led by BBVA, Toscafund and Infinity” »
Hong Kong’s Court of First Instance has ordered that illicit profits of insider dealing in shares of TeleEye Holdings Limited of $12,949,875 made by Ms Wei Juan and Mr Huang Yi, associates of Ms Yik Fong Fong, be paid to 63 investors. The funds will be paid out to court appointed administrators, Mr Tsui Chi…
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International multi-asset broker Vantage has announced a new multi-year partnership with McLaren Racing, as an Official Partner of the McLaren (MX) Extreme E team. This announcement comes ahead of the launch of the 2022 season, with the first race, the Desert X Prix in Saudi Arabia, scheduled for February 19th and 20th. Extreme E is…
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In a circular released on Monday, the main regulatory body of the financial market of Cyprus, the Cyprus Securities and Exchange Commission (CySEC), exposed additional unregistered forex and other investment platforms. The agency, therefore, blacklisted the following websites:log-bit.com, Rynattrading.org, robofxmarkets.com, and spursmarkets.com.CySEC stated that these firms claimed to be regulated by the agency, but that…
Read More “CySEC Blacklists Four More Forex and Investment Websites” »
What Is Olymp Trade?Since its inception, the broker has become one of the most reputed online brokers owned by Saledo Global LLC First Floor, First St. Vincent Bank Ltd Building. The broker has its headquarters in St. Vincent and the Grenadines. Olymp is a broker that caters to several millions of users around the world….
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International derivatives marketplace CME Group today announced it plans to launch two new reference rates for bitcoin and ether on February 28 – the CME CF Bitcoin Reference Rate New York (BRRNY) and CME CF Ether-Dollar Reference Rate New York (ETHUSD_NY) – which will provide a once-a-day reference rate of the U.S. dollar price of…
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