News Centre

Mckay Brothers Launches Illinois-Busan And Tokyo-Busan Bandwidth At Lowest Known Latency

Date 13/07/2020

McKay Brothers International (MBI) announced expansion of its lowest known latency private bandwidth services to Busan. The company launched hybrid microwave/fiber private bandwidth services between Illinois and Busan as well as between Tokyo and Busan. Both services are offered at the lowest known latency.

Tadawul, Muqassa, And Edaa Are Publishing Drafts Of The Amended Trading And Membership Rules, The Amended Securities Clearing Center Rules, The Amended Securities Depository Centre Rules, For Public Consultation

Date 13/07/2020

The Saudi Stock Exchange (Tadawul), The Securities Clearing Centre (Muqassa), and The Securities Depository Centre (Edaa) are keen to involve all concerned and interested parties to participate and share their observations on the regulatory frameworks for the market. 

In The Wake Of Wirecard’s Demise Fintech Leader Railsbank Rallies Industry To Improve Safeguarding Regulations For e-Money Institutions And Introduce New Provisions For Outsourcing Platforms In The UK

Date 13/07/2020

Nigel Verdon, co-founder and CEO of the leading global open banking platform Railsbank, has called on the UK industry and regulators to join forces to upgrade existing client money safeguarding regulations in the fintech sector and introduce new provisions for material outsourcers such as card issuing platforms, following the example set by the Monetary Authority of Singapore (MAS).

Matthias Zieschang Elected As New Chairman Of The Exchange Council Of The Frankfurt Stock Exchange

Date 13/07/2020

The members of the Exchange Council of the Frankfurt Stock Exchange have elected Matthias Zieschang as their new Chairman. He succeeds Michael Klaus, who resigned from the Exchange Council at the end of March.

Raphael Polansky Joins Management Board Of Boerse Stuttgart Digital Ventures GmbH

Date 13/07/2020

Raphael Polansky (38) has become a member of the Management Board of Boerse Stuttgart Digital Ventures GmbH on 1 July 2020. Polansky will join Dr Ulli Spankowski in the Management Board of the company, which was founded in 2017 and develops innovative business models for exchange and over-the-counter trading in fungible products. Boerse Stuttgart Digital Ventures GmbH invests in promising startups and enters into partnerships with selected partners to implement its digitisation strategy. Its wholly-owned subsidiaries are Sowa Labs GmbH and blocknox GmbH, where Raphael Polansky is also a member of the Management Board. Polansky joined Boerse Stuttgart in September 2018 and has since held various management positions in the IT department. Prior to that, he had been working for Deutsche Börse AG since 2009, among other things as Head of Trading, Clearing & Data Controlling and as a Project Manager in the IT Executive Office.

Moscow Exchange: Standard Lot Size Changes On The Equity & Bond And Repo Markets Effective September 1, 2020

Date 13/07/2020

Effective September 1, 2020 Moscow Exchange will change the standard lot size for the below securities:

Bitfinex Puts 10,000 Tether (USDt) Up For Grabs In Paper Trading Competition

Date 13/07/2020

Bitfinex, a state-of-the-art digital asset trading platform, has unveiled a paper trading (PT) competition, enabling users to test their trading skills against each other and win prizes of up to 5,000 Tether (USDt).

Promoting Clarity And Compatibility In The Sustainability Landscape - GRI And SASB Announce Collaboration

Date 13/07/2020

Amid rising global demand for clarity in the sustainability reporting ecosystem, the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) are pleased to announce a collaborative workplan.

Invesco Launches GBP-Hedged Version Of US$11 Billion Physical Gold ETC As Demand Continues Rising

Date 13/07/2020

Gold has been the most sought-after asset in Europe over the first six months of the year, with physical gold exchange-traded products gathering US$12.5 billion of net inflows, eclipsing the amount invested in any previous full year. Record demand for what is often perceived as a “safe haven” asset is being driven by several factors but particularly the uncertainty over the pandemic’s impact on the global economy. 

ESMA’S Third EU-Wide CCP Stress Test Finds System Resilient To Shocks

Date 13/07/2020