News Centre

Marex Spectron Appoints JPMorgan’s Ram Vittal As Head Of North America

Date 06/07/2020

Marex Spectron, the global commodities specialist, today announced the appointment of Ram Vittal as Chief Executive Officer, Marex Spectron North America, reporting to Ian Lowitt, Group Chief Executive.  Ram will be based in New York.

FTSE Russell Publishes Indicative Term SONIA Reference Rates

Date 06/07/2020

• Daily indicative Term SONIA reference rates based on overnight indexed swaps (OIS) now publicly available
• Forward looking term interest rates based on committed quotes available for 1 month, 3 month, 6 month and 12 month tenors
• Developed in partnership with leading inter-dealer brokers in support of industry-wide efforts to transition from LIBOR

Dubai Financial Services Authority’s 2020 Summer Innovation Testing Licence Programme Accepts Largest Number Of Innovative Firms To Date

Date 06/07/2020

The Dubai Financial Services Authority (DFSA) is pleased to announce that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort. The ITL Programme provides a unique environment that helps firms to test innovative solutions in and from the Dubai International Financial Centre (DIFC). The ITL provides these firms with temporary flexibility to test and develop concepts within a restricted regulatory environment. The 16 firms can now begin the process to apply for an ITL, with the first batch of licences expected to be issued in October. A total of 34 firms applied for the Summer Cohort, the largest applicant pool to date. This is a clear indication that the DIFC is strengthening its already strong position as the financial centre of choice for financial services innovation.

Hong Kong Securities And Futures Commissionwelcomes Appointment Of Non-Executive Directors

Date 06/07/2020

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Mr Victor Dawes, SC and the re-appointment of Dr James C Lin as Non-Executive Directors for a term of two years with effect from 1 August 2020.

Bitfinex Launches ‘Paper Trading’ Of Live Cryptocurrency Markets

Date 06/07/2020

Bitfinex, a state-of-the-art digital asset trading platform, has launched paper trading, a demo account service that enables users to practice strategies without putting funds at risk in a live account.

Dubai Financial Services Authority’s 2020 Summer Innovation Testing Licence Programme Accepts Largest Number Of Innovative Firms To Date

Date 06/07/2020

The Dubai Financial Services Authority (DFSA) is pleased to announce that it has accepted 16 firms into its 2020 Summer Innovation Testing Licence (ITL) Cohort. The ITL Programme provides a unique environment that helps firms to test innovative solutions in and from the Dubai International Financial Centre (DIFC). The ITL provides these firms with temporary flexibility to test and develop concepts within a restricted regulatory environment. The 16 firms can now begin the process to apply for an ITL, with the first batch of licences expected to be issued in October. A total of 34 firms applied for the Summer Cohort, the largest applicant pool to date. This is a clear indication that the DIFC is strengthening its already strong position as the financial centre of choice for financial services innovation.

BNP Paribas Asset Management Appoints Global Head Of Client Experience

Date 06/07/2020

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Christopher Dunn as Global Head of Client Experience.  Based in Paris, he reports to Roger Miners, Global Chief Marketing Officer.

Oslo Børs: Aker Biomarine Admitted To Trading

Date 06/07/2020

The biotech company Aker BioMarine has today been admitted to trading on Merkur Market. Aker BioMarine is the ninth company to be admitted to trading or listing at Oslo Børs so far this year.

Euronext Announces Volumes For June 2020

Date 06/07/2020

Euronext, the leading pan-European exchange, announced trading volumes for June 2020.

Elly Hardwick Appointed To The Board Of Directors For Itiviti

Date 06/07/2020

Itiviti, a leading technology and service provider to financial institutions worldwide, today announced that Elly Hardwick had been appointed to its board of directors to further growth and technology-driven innovation plans for the company.