News Centre

New York State Department Of Financial Services Grants Virtual Currency License To Coinsource, Inc.

Date 01/11/2018

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinsource, Inc. for a virtual currency license. Coinsource owns and operates touchscreen kiosks, which allow customers to buy Bitcoin with, or sell Bitcoin for, fiat currency in the form of cash. Coinsource is the first DFS virtual currency licensee to operate Bitcoin Teller Machines (BTM).

Refinitiv Launches Quantitative Analytics Platform QA Direct In The Cloud With Microsoft Azure - The Cloud-Based Service Means Asset Managers And Hedge Funds Can Get Faster Access To Data For New Quant Initiatives And Spend More Time Testing Strategies, Optimizing Portfolios And Managing Risk

Date 01/11/2018

Building on its commitment towards consumption of its financial data in the Cloud, Refinitiv, formerly the Financial and Risk business of Thomson Reuters, has launched its quantitative analytics platform QA Direct in the Cloud through Microsoft Azure.

Remarks Of CFTC Commissioner Rostin Behnam At The ASIFMA 2018 Annual Conference: Developing Asia’s Capital Markets, Singapore - FinTech, Friction, And Formula 1: A Learning Journey

Date 01/11/2018

Introduction

Thank you for the kind introduction.  It is a pleasure and honor to join you today.  I want to thank Mark Austen and the Asia Securities Industry and Financial Markets Association (ASIFMA) for inviting me to both deliver remarks and provide some perspectives on the global regulatory agenda.  Before I begin, please allow me to remind you that the views I express today are my own and do not represent the views of the Commodity Futures Trading Commission (CFTC or Commission) or my fellow Commissioners.

Today marks my last day of a 10-day trip through Asia during which I participated in ISDA’s Annual Japan Conference and visited with fellow regulators and market authorities and participants in Tokyo, Shanghai, Hong Kong, and Singapore.  Since I will be sharing my views on more defined global issues facing our markets in Panel 1, and I will be leaving Singapore this evening before tomorrow’s sessions covering the FinTech issues pulsing at the forefront of our markets, I would like to share some thoughts on bringing FinTech more conclusively into the regulatory fold.  This would help to ensure that structures are in place to limit—and not amplify—any shocks to the overall financial system in the event of a technology failure.

US Department Of Justice: Malaysian Financier Low Taek Jho, Also Known As “Jho Low,” And Former Banker Ng Chong Hwa, Also Known As “Roger Ng,” Indicted For Conspiring To Launder Billions Of Dollars In Illegal Proceeds And To Pay Hundreds Of Millions Of Dollars In Bribes - Former Banker Tim Leissner Pleaded Guilty To Conspiring To Launder Money And To Violate The Foreign Corrupt Practices Act Related To 1MDB

Date 01/11/2018

A three-count criminal indictment was unsealed today in federal court in the Eastern District of New York charging Low Taek Jho, 36, also known as “Jho Low,” and Ng Chong Hwa, 51, also known as “Roger Ng,” with conspiring to launder billions of dollars embezzled from 1Malaysia Development Berhad (1MDB), Malaysia’s investment development fund, and conspiring to violate the Foreign Corrupt Practices Act (FCPA) by paying bribes to various Malaysian and Abu Dhabi officials.  As part of the three-count indictment, Ng is also charged with conspiring to violate the FCPA by circumventing the internal accounting controls of a major New York-headquartered financial institution (Financial Institution), which underwrote more than $6 billion in bonds issued by 1MDB in three separate bond offerings in 2012 and 2013, while Ng was employed at the Financial Institution as a managing director.  Ng was arrested earlier today in Malaysia, pursuant to a provisional arrest warrant issued at the request of the United States.  Low remains at large.

Statistics From Nasdaq Nordic Exchange October 2018

Date 01/11/2018

Monthly statistics including stock and derivative statistics:

• Volumes and Market cap
• Most traded companies
• Most active members
• Listings and members

EEX Trading Results For October 2018 - EEX Significantly Increases Trading Volumes In Power, Emissions And Freight

Date 01/11/2018

In October 2018, the European Energy Exchange (EEX) increased volumes on its power derivatives markets by 30% to 339.3 TWh (October 2017: 261,3 TWh). In particular, the 4-fold increase in Phelix-DE Futures to 204.4 TWh as well as power futures for Italy (60.9 TWh, +42%) and Spain (9.1 TWh, +32%) contributed to this development.

Nasdaq Nordic And Baltic Market Trading Statistics October 2018

Date 01/11/2018

Nasdaq (Nasdaq:NDAQ) today publishes monthly trade statistics for the Nordic and Baltic markets.

Al Mawared Brokerage: Al Eqbal Investment - Company Highlights

Date 01/11/2018

Click here to download Al Mawared Brokerage's company highlights on Al Eqbal Investment.

Avenir-Technology Launches Post Trade Infrastructure For Astana International Exchange - Provides Software To Operate Securities Registry And Central Securities Depository

Date 01/11/2018

Avenir Technology Limited (avenir-technology.com), a global developer of post-trade Financial Market Infrastructure solutions, has today announced that it is the provider of post-trade market services to the Astana International Exchange (AIX) in Kazakhstan. Avenir developed both a securities registry and a Central Securities Depository (CSD), along with related FIX trading and post-trade SWIFT messaging, to support this new exchange in the Astana International Financial Centre (AIFC).

Deutsche Börse: Cash Markets Achieve Turnover Of €171.6 Billion In October, Trading Volume 48 Percent Higher Year-On-Year

Date 01/11/2018

Deutsche Börse cash markets achieved a turnover of €171.6 billion in October (2017: €115.9 billion). This corresponds to a year-on-year increase of 48 percent.