News Centre

Edgewater Hires Senior APAC FX Trading Veteran Chan Chong San To Run Expanded Asia Headquarters in Singapore

Date 08/02/2023

Edgewater Markets, a leading provider of technology, trade execution and liquidity aggregation across foreign exchange (FX) and precious metals, today announced the addition of Chan Chong San as Managing Director of APAC. He will lead the firm’s Singapore office, supporting continued investment and growth in the region.

TMX Group Equity Financing Statistics – January 2023

Date 08/02/2023

TMX Group today announced its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for January 2023.

Digital Banking User Growth Continued At Strong Pace In 2022 - Financial Institutions Saw 9% Increase In Online And Mobile Banking Users - Digital Banking Use Is Associated With Higher Net Profit, Product Holdings, Balance Growth And Transaction Activity

Date 08/02/2023

As consumers continue to seek day-to-day convenience, the number of digital banking users continues to grow, delivering significant benefits to financial institutions that offer these services. In 2022, the approximately 2,500 banks and credit unions that leverage online and mobile banking solutions from Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, saw average year-over-year organic user growth of 9%, demonstrating the strong ongoing demand for these services.

UK Financial Conduct Authority: How To Organise A COO, Speech By Emily Shepperd, Chief Operating Officer And Executive Director Of Authorisations, Delivered At The Armstrong Wolfe COO Summit 2023: Non-Financial Risk

Date 08/02/2023

Highlights

• Chief Operating Officers should use the levers of ‘soft’ power such as open communication as much as ‘hard’ power such as data and rules to mitigate non-financial risk
• Diversity and Inclusion is about far more than targets - true inclusion means that people feel free to speak out
• The FCA is an innovator as much as a regulator, embracing change and helping new industries flourish while protecting consumers from harm

Corporate Bond Issuers Drive Surge In New CUSIP Issuance - Municipal Volumes Continue To Trend Lower

Date 08/02/2023

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for January 2023. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a significant increase in request volume for new corporate identifiers and a slowdown in request volume for new municipal identifiers.

Tradeweb Launches iNAV Calculation Service - BlackRock Adopts Tradeweb iNAV Prices Across Its iShares ETF Suite In Europe

Date 08/02/2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for exchange-traded funds (ETFs). BlackRock became the first ETF issuer to use Tradeweb iNAVs for its iShares ETF suite in Europe, which are publicly available via Bloomberg and Refinitiv as of February 6th, 2023.

CryptoCompare Exchange Review - January 2023: Highest Spot & Derivatives Volume Growth Since January 2021

Date 08/02/2023

In January, crypto markets reversed their downward trend with Bitcoin and Ethereum rising 39.9% and 32.7% to $23,130 and $1,585, respectively. Market participants have begun to take on more risk as the macroeconomic environment improves with lower inflation and a slowdown of interest rate hikes.

Capital.com Announces Agreement To Onboard Clients Of OvalX - Strategic Agreement Will Enable OvalX Clients To Benefit From Capital.Com’s Products And Services; Accelerate Capital.com’s Growth In The UK And EU

Date 08/02/2023

High-growth trading platform Capital.com, today announced it has entered an agreement with Monecor (London) Limited and Oval Money (Europe) Ltd (OvalX). Under the terms of the agreement, OvalX will offer some of its existing retail and professional clients the opportunity to transfer their accounts to Capital.com. This will ensure continuity of service for OvalX clients and allow them to continue trading, without disruption.  

CFTC Commissioner Goldsmith Romero To Give A Keynote Address At The Asset Management Derivatives Forum 2023

Date 08/02/2023

New US Treasury Report Assesses Opportunities, Challenges Facing Financial Sector Cloud-Based Technology Adoption - Treasury Launches Interagency Cloud Services Steering Committee To Bolster Regulatory And Private Sector Cooperation

Date 08/02/2023

The U.S. Department of the Treasury today released a report on the potential benefits and challenges associated with the increasing trend of financial sector firms adopting cloud services technology. While cloud services can increase access and reliability for local communities as well as empower community banks to compete with financial technology firms, the report found that financial service firms ramping up their reliance on cloud-based technologies need more visibility, staff support, and cybersecurity incident response engagement from Cloud Service Providers (CSPs). The report also recommends further evaluation from Treasury and the broader financial regulatory community to continue to determine the financial risks associated with a limited number of providers offering cloud services.