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Mobile Wallet Transactions In India To Exceed INR100 Trillion In 2024, Says GlobalData

Date 21/10/2020

Mobile wallet adoption is gradually displacing traditional payments such as cash and cards in India. This has become even more prevalent during the current COVID-19 crisis and as a result mobile wallet transaction is expected to surpass INR100 trillion (US$1.40 trillion) in 2024, according to GlobalData, a leading data and analytics company.

Nasdaq Reports Third Quarter 2020 Results - Delivers Broad-Based 13% Revenue Growth vs. Prior Year Period

Date 21/10/2020

• Third quarter 2020 net revenues1 were $715 million, an increase of 13% over the third quarter of 2019. Compared to the prior year period, revenues in the non-trading segments2 increased 12% primarily due to organic growth while Market Services revenues increased 15%, due to elevated trading volumes in U.S. equities and options.
• The GAAP operating margin was 46% in the third quarter of 2020, up from 36% in the prior year period, while the non-GAAP3 operating margin of 52% increased from 50% in the prior year period.
• Third quarter 2020 GAAP diluted earnings per share, or EPS, was $1.58, up 76% from $0.90 in the third quarter of 2019. Third quarter 2020 non-GAAP diluted EPS was $1.53, up 20% from $1.27 in the third quarter of 2019.
• During the third quarter of 2020, the company returned $115 million to shareholders through share repurchases and dividends, and in the first nine months of 2020, returned $425 million through $239 million in dividends and $186 million in share repurchases.
• Nasdaq's senior management will hold an Investor Day on November 10, 2020 to discuss its operations and strategy, the first since detailing the "strategic pivot" and related performance objectives in early 2018.

Panxora Digital Ventures Takes The Lead On Seed Funding Initiative To Bring The Needs Of Founders And Investors Back Into Alignment - Token Project Founders Get The Capital Needed To Finance The Token Sale And Early Stage Investors Get A Clearer Path To Profitability

Date 21/10/2020

Panxora Digital Ventures, part of the Panxora Group today launched its hybrid seed funding solution to stimulate the stagnant capital market for new blockchain token projects. Panxora’s hybrid model creates a two-stage fundraising process that bridges the gap between seed investors’ interests and token founders’ needs to produce win-win results.

Compleo Charging Solutions AG New In Prime Standard On The Frankfurt Stock Exchange

Date 21/10/2020

Compleo Charging Solutions AG (ISIN: DE000A2QDNX9) has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since today. The shares had an initial listing price of €44.00. The issue price was €49.00.

Avelacom Is Launching New Connectivity Options Between North American And Asian Financial Markets - To Prepare For Expected Bursts Of Volatility -The New Link Is Designed To Improve Back-Up System Performance And Meets Two Key Criteria – Geographic Diversity And Reduced Latency

Date 21/10/2020

Avelacom, the high-performance global connectivity and IT infrastructure provider for the financial services industry, is announcing the launch of a new Chicago <> Tokyo back-up route, supporting efforts to ensure robust trading systems among banks, exchanges and trading firms as they prepare for expected volatility in light of the upcoming US election. The new back-up route is geographically diverse from the PC-1 submarine cable system used for most primary routes and has only a 5 millisecond difference in latency compared to the primary connection. This back-up route is therefore the fastest non PC-1 route and best placed to support clients experiencing problems with their primary route.

LuxSE And AIIB Celebrate landmark Sterling issuance

Date 21/10/2020

The Luxembourg Stock Exchange (LuxSE) today marked the listing of the Asian Infrastructure Investment Bank’s (AIIB) latest bond issuance, in the physical presence of Luxembourg Minister of Finance Pierre Gramegna. AIIB’s President Mr. Jin Liquin also attended the event virtually from Beijing. The Ring the Bell ceremony was organised to celebrate the multilateral development bank’s landmark GBP 800 million bond issuance; which is the first Sterling denominated issuance by AIIB to date.

Hong Kong FinTech Week 2020 To Humanise FinTech And Drive Growth

Date 21/10/2020

EPA Publishes Response To HM Treasury’s Payments Landscape Review - The EPA Challenges The Government’s Changes To The Payments Landscape, Alongside Its Recommendations

Date 21/10/2020

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today published a paper containing the community’s responses to HM Treasury's Payments Landscape Review: Call for Evidence, detailing recommendations on how to ensure the UK’s payments industry becomes progressive, world-leading and secure, and effective at serving the needs of everyone who pays and gets paid.

SGX Welcomes GSUM-Titanland As Accredited Issue Manager

Date 21/10/2020

Singapore Exchange (SGX) is pleased to welcome GSUM-Titanland Capital Pte Ltd (GSUM-Titanland) as a newly accredited Issue Manager for SGX Mainboard listings.

Circular Of Shanghai International Energy Exchange On The Price Limit Update For SC2011

Date 21/10/2020

Shanghai International Energy Exchange has released its Circular on the Price Limit Update for SC2011 as follows:

• The price limit for SC2011 will be updated from ±8% to ±10% since October 28, 2020.