News Centre

Ignacio Corral Joins GCEX As UK Operations Continue To Grow

Date 27/02/2024

Ignacio Corral, former Senior Associate at the FCA, has joined GCEX (GCEX Group) as the digital prime brokerage’s dedicated UK Compliance Officer. His appointment reflects the growth of GCEX’s UK-based operations which are regulated by the FCA.

Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

Date 27/02/2024

After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.

Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

Date 27/02/2024

After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.

UK Financial Conduct Authority To Improve Pace And Transparency Around Enforcement Cases

Date 27/02/2024

The Financial Conduct Authority (FCA) has today committed to carrying out enforcement cases more quickly as the organisation seeks to increase the deterrent impact of its enforcement actions.

Noelle Al Jaweini Appointed Acting Head Of Derivatives, Saudi Exchange

Date 27/02/2024

Noelle Al Jaweini has taken on the role of acting Head of derivatives at the Saudi Exchange.

Sit Investment Associates Selects Rimes’ Investment Management Platform Matrix

Date 27/02/2024

Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion AUM in the U.S., Sit Investment Associates is one of the largest independent, family and minority-owned investment firms.

The EU AI Act - Comments From David Mirfield,  VP Of Product Management, Provenir

Date 27/02/2024

The European Parliament has finalised a provisional agreement on groundbreaking artificial intelligence regulations paving the way for the world's first legislation on AI, pending a vote by the legislative assembly in April. Known as the AI Act, these new regulations aim to establish boundaries for a technology widely used across various industries, including banking, automotive, electronics, and aviation, as well as for security and law enforcement purposes.

KB Asset Management Launches ETF Tracking Solactive Berkshire Portfolio Top10 Index

Date 27/02/2024

Solactive is pleased to announce another launch with the recent partnership with KB Asset Management. The KB KBSTAR Berkshire Portfolio TOP10 ETF aims to replicate the performance of the Solactive Berkshire Portfolio Top10 Index. This launch follows the successful debut of the cooperation between the two companies last week with the KBSTAR Global Realty Income ETF.

OKX Officially Launches In Türkiye In Latest Global Expansion

Date 27/02/2024

• Turkish Lira fiat on-ramp capabilities, direct bank deposits and withdrawals available to Turkish users
• OKX TR offers 24/7 local customer support in Turkish

DiffusionData Offers Free Trial Of Diffusion Cloud

Date 27/02/2024

DiffusionData, the pioneer and leader in real-time data streaming, today announced that Diffusion Cloud is now available free on a no obligation one month’s trial, with no deployment costs. Diffusion Cloud is used by companies worldwide and simplifies and speeds data-driven, real-time application development, reduces operational costs, and economically delivers hyper-personalised data.