News Centre

UK Financial Conduct Authority Responds To Independent Reviews Into Its Regulation Of London Capital & Finance And Connaught

Date 17/12/2020

The FCA has today responded to the independent reviews of its regulation of London Capital & Finance plc (LCF) and Connaught Income Fund Series 1 and connected companies (Connaught).

ICE Appointed To Host UK Emissions Auctions For The UK Emissions Trading Scheme

Date 17/12/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announces that ICE has been appointed to host emissions auctions on behalf of the UK Government’s Department for Business, Energy and Industrial Strategy (BEIS).

SEC Charges Robinhood Financial With Misleading Customers About Revenue Sources And Failing To Satisfy Duty Of Best Execution

Date 17/12/2020

The Securities and Exchange Commission today charged Robinhood Financial LLC for repeated misstatements that failed to disclose the firm’s receipt of payments from trading firms for routing customer orders to them, and with failing to satisfy its duty to seek the best reasonably available terms to execute customer orders.  Robinhood agreed to pay $65 million to settle the charges.

Kinesis Pilots Physical Visa Card And Banking Program In US

Date 17/12/2020

Kinesis, the monetary system, based 1:1 on allocated physical gold and silver, today announces the launch of its physical Visa card to expand the real-world utility of the Kinesis platform.

Fetch.ai Launches Mobility Framework: A Decentralized Multi-Agent AI Mobility Solution To Revolutionize The Mobility-as-a-Service Ecosystem - Decentralizing The Gig Economy With The Use Of AI-Based Autonomous Agents Is Predicted To Reduce Participation Transaction Fees By Over 20%, And Increase Input Productivity By 55%

Date 17/12/2020

Fetch.ai (https://fetch.ai/), a Cambridge-based artificial intelligence lab building an open-access decentralized machine learning network for smart infrastructure, announced today the launch of its Mobility Framework and the results of initial field trials in Cambridge, UK. The Mobility Framework is a platform powered by Fetch.ai, a decentralized protocol, where anyone can create autonomous economic agents for tailored participation in the delivery-gig economy. 

Nasdaq To Hold Fourth Quarter 2020 Investor Conference Call

Date 17/12/2020

 Nasdaq (Nasdaq: NDAQ) has scheduled its Fourth Quarter 2020 financial results announcement.

Introducing Bitcoin Zero [BTC0]: Real Bitcoin, Net Zero Emissions

Date 17/12/2020

• Bitcoin Zero is an ERC-20 token delivering Bitcoin with net zero emissions (carbon neutral).
• This is accomplished via a wrapper that combines a single Bitcoin with the retiring of 10 tonnes of CO2 from REDD+ rainforest projects certified by Verra and other international standard agencies each time a Bitcoin Zero is minted.
• This breakthrough is possible now that Universal Carbon (UPCO2) is available to anyone who wants to build upon the world’s first tradable carbon token.

Fenergo Research Finds That Just One Third Of Global Asset Managers Have Completed Their Digital Transformation Projects - Half Expect To Introduce RPA And Blockchain Technologies Within Next Two Years

Date 17/12/2020

Fenergo, the leading provider of digital transformation, customer journey and client lifecycle management (CLM) solutions for financial institutions, today announced findings from its global asset management research, which uncovered that while most firms feel that it’s important to have a digital transformation strategy, just over one third have reported completion (37%). Presently 44% are implementing artificial intelligence (AI) into their customer experience and over the next two years, half (53%) of asset managers expect to introduce robotics processing automation (RPA) and blockchain (47%).

Bank Of England: Asset Purchase Facility: Gilt Purchases - Market Notice 17 December 2020

Date 17/12/2020

On 4 November 2020, the MPC voted to increase the target stock of purchased UK government bonds by an additional £150 billion, financed by the issuance of central bank reserves, to take the total stock of government bond purchases to £875 billion.

ESMA Recommends More Time To Implement A Mix Of Solutions For PSAs To Clear

Date 17/12/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published today a second report on the clearing solutions for Pension Scheme Arrangements (PSAs) under the European Market Infrastructure Regulation (EMIR).