News Centre

Bank of England: Results Of The Semi-Annual FX Turnover Surveys In October 2022

Date 07/02/2023

In October 2022, 27 financial institutions active in the UK foreign exchange market participated in the semi-annual turnover survey for the Foreign Exchange Joint Standing Committee (FXJSC). The survey results are summarised below. More detailed tables, including a market share report, for the October 2022 reporting period are available separately.

LME: Disciplinary Action Against Marex Financial

Date 07/02/2023

This Notice records a settlement between the London Metal Exchange (the “LME”) and Category 1 Member, Marex Financial (“MFL”), which includes a financial penalty of £2,000.

HM Treasury And Bank Of England Consider Plans For A Digital Pound

Date 07/02/2023

• The Treasury and the Bank of England consulting on a potential digital pound, or central bank digital currency (CBDC)
• A digital pound would be issued by the Bank of England and could be used by households and businesses for everyday payments in-store and online
• If introduced a digital pound would be interchangeable with cash and bank deposits, complementing cash
• No decision has been taken at this stage to introduce one

Amman Stock Exchange: Delaying The Start Time Of Working Hours And Trading Session For Tomorrow Wednesday 8 February 2023

Date 07/02/2023

In light of the decision of Prime Minister to delay the official office hours of the government departments and official institutions due to the weather conditions, the Amman Stock Exchange will start its business for tomorrow Wednesday, February 08, 2023 at 10:00 a.m., and the trading hours will be as the following:

Borsa Istanbul: Announcement About Timely And Error-Free Dispatch Of ELTAS Instructions

Date 07/02/2023

Please click for the announcement.

UK Financial Conduct Authority Starts Court Process To Recover Money For Investors

Date 07/02/2023

The FCA has commenced High Court proceedings against an unauthorised investment firm and its sole director, Mr Daniel Willis, in order to recover money for victims of the firm’s unlawful activity.

Spectrum Markets: European Retail Investors Bearish On EUR Vs GBP Ahead Of Central Bank Announcements

Date 07/02/2023

Spectrum Markets (“Spectrum”), the pan-European trading venue for securitised derivatives, saw a sharp increase in bearish sentiment among retail investors towards the Euro compared to the British Pound, ahead of last week’s interest rate announcements from the Bank of England and European Central Bank.

SEBA Bank Appoints Amy Yu As APAC CEO To Drive Regional Growth Yu Brings Critical Industry And Local Expertise To Lead Expansion Across Key Markets

Date 07/02/2023

SEBA Bank, a leading crypto bank simplifying access to the crypto markets through a suite of fully regulated banking services in Switzerland, has appointed Amy Yu as Chief Executive Officer (CEO) of its APAC division. The appointment demonstrates SEBA group’s commitment to expand across the region and Yu will initially be located in Singapore. To cater for the group’s expansion plans in Asia Pacific, SEBA Bank also recently opened a Hong Kong office for its Hong Kong subsidiary 

ING And vc trade Join Forces To Digitise Lending Business

Date 07/02/2023

• ING spins out its tech solution Loan Optics successfully to vc trade
• Loan Optics is a pre-closing platform for the creation and management of digital loans and data with groundbreaking technology for negotiation the loan documentation 
• vc trade is strengthening its technology base and expands its value chain by integrating Loan Optics core functionalities

WeTransfer Partners With Blockchain Company Minima In A World First For Digital Content Creators

Date 07/02/2023

Minima, a revolutionary blockchain platform, today announced a unique collaboration with WeTransfer, the world's most trusted platform for sharing digital content.