News Centre

Calastone Announces Appointment Of Three Strategic Hires In CFO, Head Of Product, And Head Of DMI Sales Roles

Date 19/10/2021

• Early fintech champion, Ahsan Raza, formerly Managing Director and Co-head of the Technology Investment Banking Coverage team for Barclays in EMEA, appointed as CFO
• Varun Atre appointed Head of Product from previous role as Associate Partner at McKinsey & Company, bringing his experience in technology and financial services
• Paul Elflain appointed to new Head of DMI Sales role, brings over 25 years of experience in fintech and financial services, including most recently at Linedata

Moscow Exchange: Preliminary Parameters For Start Of Trading In Renaissance Insurance Group Ordinary Shares

Date 19/10/2021

Moscow Exchange announces preliminary Central Order Book T+ (TQBR) parameters to be applied to ordinary shares of Public Joint Stock Company Renaissance Insurance Group (registration number - 1-01-10601-Z dated 06.08.2018), in case the decision to start trading in the security is adopted. From 19 October 2021, the share is included in the Moscow Exchange Level 1 List (https://www.moex.com/n36919/?nt=101).

Archax Completes First Raise For Montis Digital, Using Primary Issuance Platform, Alongside DLA Piper In FCA Sandbox - UK Regulated Venue Tests Its Primary Rails Prior To Full Digital Platform Launch Later This Year

Date 19/10/2021

Archax, the only UK regulated and registered digital securities exchange, broker and custodian, today announced that it has completed the first fundraise on its Primary Issuance Platform working with DLA Piper. The oversubscribed round of $1.5m was conducted for its recently announced Montis Digital subsidiary, which is building blockchain-based market infrastructure for the post-trade ecosystem. The raise was completed in the context of a wider digitalisation and regulatory compliance project within the FCA’s Innovation Sandbox as part of their Cohort 6. This forms a key part of Archax’s drive to build regulated post-trade services that will fully support digital asset processing.

Chargebee And Worldline Partner On Subscription And Payment Management Integration To Help Merchants Improve Customer Engagement And Retention

Date 19/10/2021

• Two industry leaders team up to support growing demand for subscription-based business across Europe

Goldman Sachs Top M&A Financial Adviser In Asia-Pacific For Q1-Q3 2021, Finds GlobalData

Date 19/10/2021

Goldman Sachs has emerged as the top mergers and acquisitions (M&A) financial adviser in the Asia-Pacific (APAC) region during Q1-Q3 2021, in terms of value as well as volume, according to GlobalData, a leading data and analytics company.

Allens, AZB & Partners Top M&A Legal Advisers By Value, Volume In Asia-Pacific For Q1-Q3 2021, Finds GlobalData

Date 19/10/2021

Allens and AZB & Partners have emerged as the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific (APAC) region during Q1-Q3 2021, in terms of value and volume, respectively, according to GlobalData, a leading data and analytics company.

Westerra Credit Union Partners With Backbase To Offer Cutting Edge Technology And Transform Members’ Digital Experience - New Partnership With Backbase Will Allow Westerra Credit Union To Scale Digitally With Increased Flexibility And Speed

Date 19/10/2021

Westerra Credit Union, a leading Colorado financial cooperative, announces today that it has partnered with Engagement Banking technology provider, Backbase, to accelerate its digital transformation journey. The collaboration will see Westerra adopt Backbase’s Digital Sales and Digital Banking solutions to provide omnichannel solutions for retail and business banking members alike.

FTSE Mondo Visione Exchanges Index Down 4.2% in September, Down 3.7 % In Q3 2021, Up 10.8% Over 12 Months

Date 18/10/2021

Exchanges navigated a volatile month with sharp declines in global equities, with only 8 of the constituents of the FTSE Mondo Visione Exchanges Index ending the month in positive territory, as inflationary pressures continued to mount.

SIFMA Statement On SEC Staff Report On Equity And Options Market Structure In Early 2021

Date 18/10/2021

SIFMA today issued the following statement from president and CEO Kenneth E. Bentsen, Jr. on the SEC Staff Report on Equity and Options Market Structure in Early 2021: 

“The U.S. equity markets are the deepest, most liquid and most efficient in the world, with investors, in particular retail investors, benefiting from narrower spreads, lower transaction costs and faster execution speeds.  Efficient and resilient market structure is key to sustaining investor confidence and participation in the equity markets."

Mandatory Weekend Virtual Trading Floor Production Testing For BOX Trading Floor Participants

Date 18/10/2021

This notice is being issued to announce mandatory Virtual Trading Floor (“VTF”) production testing on Saturday, October 30, 2021 or Saturday, November 6, 2021 from 10:00 a.m. to 12:00 p.m. EST for BOX Trading Floor Participants.1 BOX Trading Floor Participants must participate from their off-site locations and not from the BOX Trading Floor. Participation at either production session will satisfy the Exchange’s mandatory testing requirement.