News Centre

SET And Strategic Alliances Enhance “Happy Money” Project To Build Financial Literacy For Thais Nationwide

Date 22/04/2021

The Stock Exchange of Thailand (SET) has strengthened partnership with private and public sectors to enhance the current “Happy Money” financial planning project, with an aim to provide financial planning knowledge and pass on healthy financial habits to Thai people. Finance Minister Arkhom Termpittayapaisith today presided over the launch ceremony and delivered keynote address on the importance of improving financial literacy. The project is expected to provide financial knowledge to over 3 million people across the country. SET also signed a memorandum of understanding (MoU) to promote financial knowledge in collaboration with the Government Pension Fund (GPF), the Student Loan Fund (SLF), and the National Savings Fund (NSF) to recover and build financial immunity for Thai people.

PwC UK Announce Latest FinTech Scale Up Programme: Wealth Tech 2021

Date 22/04/2021

PwC has announced the latest cohort of FinTechs who have joined the Wealth Scale programme. The programme will support nine of the brightest WealthTech businesses with their ambitious growth plans. 

ECB Monetary Policy Decisions

Date 22/04/2021

At today’s meeting, the Governing Council decided to reconfirm its very accommodative monetary policy stance:

The interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.50% respectively. The Governing Council expects the key ECB interest rates to remain at their present or lower levels until it has seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within its projection horizon, and such convergence has been consistently reflected in underlying inflation dynamics.

UK Financial Conduct Authority Commences Criminal Proceedings For Fraud And Unauthorised Business

Date 22/04/2021

Following an investigation, the FCA has commenced criminal proceedings against Larry Barreto and Tassib Hussain.

HKEX: Stock Exchange Participants' Market Share Report

Date 22/04/2021

Stock Exchange Participants' Market Share Report

Majority Of Investors Expect High Yield To Beat High Grade In 2Q, Finds Bloomberg Intelligence Latest HY Survey

Date 22/04/2021

Investors are optimistic about euro high-yield (HY) in 2Q, with more than half of respondents to Bloomberg Intelligence’s latest HY investor survey expecting very low defaults. They are also expecting 15 billion euros of index-eligible supply and positive returns despite a strong 1Q.

X-Margin And Fireblocks Unlock Portfolio Lending For Institutional Trading Of Digital Assets

Date 22/04/2021

• Portfolio Lending tackles major inefficiencies for institutions trading in the fragmented universe of digital assets
• Celsius is the first lender to start using the service combining X-Margin’s privacy preserving risk engine and the Fireblocks’ platform
• Dunamis Trading to access leverage from Celsius for trading on multiple exchanges in the Fireblocks Network

Lollygag Partners LTD/Online Trading Platform finocapital.io: BaFin Prohibits Unauthorised Portfolio Management And Unauthorised Proprietary Trading

Date 22/04/2021

In a notice dated 25 March 2021, BaFin ordered Lollygag Partners LTD, Dominica, to immediately cease its unauthorised portfolio management activities and unauthorised proprietary trading.

BISON Exceeds Trading Volume Of EUR 2 Billion In The Year 2021, Number Of Active Users Grows To 400,000, Active Market Entry Planned In Austria

Date 22/04/2021

Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app. Since the beginning of 2021, BISON has now already exceeded a trading volume of EUR 2 billion. In the same period, the number of active users has grown by 83 percent to around 400,000. “The strong user growth and high trading volume on BISON in 2021 far exceed our expectations. They also reflect the current high momentum in the crypto market and the increasingly broad interest in cryptocurrencies. With the simple and reliable trading at BISON, we make the right offer at the right time,” said Dr Ulli Spankowski, CEO of Sowa Labs GmbH, the subsidiary of Boerse Stuttgart Digital Ventures GmbH which developed the BISON app. On several days in January 2021, BISON set new records for trading volumes exceeding EUR 70 million.

TheCityUK Supports Bank Of England’s Greater Regional Presence

Date 22/04/2021

The Bank of England has announced plans to create a new northern hub in Leeds as part of an ambitious plan to significantly increase its staff presence across the United Kingdom.