News Centre

Tether Tokens (USDt) Surpasses US$45 Billion Market Cap

Date 13/04/2021

Tether Operations Limited (Tether), the blockchain-enabled platform that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) have more than doubled this year to a market capitalization of US$45 billion. 

École Polytechnique's Award Winning Quant, Mathieu Rosenbaum Selects BMLL For Market Microstructure Research - BMLL Partners With École Polytechnique For Quantitative Volatility Research Based On Granular Level 3 Data

Date 13/04/2021

BMLL, the leading, independent provider of harmonised, historical data and analytics, today announced a partnership with École Polytechnique to make its Data Lab available to their team of quantitative researchers. 

Sovryn Begins Trading As Anthony Pompliano Leads $9M Investment

Date 13/04/2021

• A consortium led by Anthony Pompliano’s Pomp Investments has agreed to a 150 BTC (around $9M) investment in Bitcoin-based DeFi protocol Sovryn
• Consortium includes Cadenza (BitMEX), AscendEX (BitMAX), Gate.io, Blockware Solutions, 0x_b1i, Consolidated Trading
• Sovryn (SOV) starts trading today exclusively on the Sovryn platform

Bursa Malaysia Honours Top Performing Brokers And Market Intermediaries At The Bursa Excellence Awards 2020 Ceremony

Date 13/04/2021

On Friday 9 April 2021, Malaysia’s broking community and market intermediaries gathered at Bursa Malaysia Berhad’s (“Bursa Malaysia” or the “Exchange”) Eighth Annual Bursa Excellence Awards 2020 ceremony held at the W Kuala Lumpur Hotel. 

BlueShore Financial Expands Relationship With Temenos To Further Its Digital Transformation

Date 13/04/2021

• With Temenos’ end-to-end digital platform, BlueShore will provide personalized and differentiated services to help clients achieve their financial goals
• BlueShore will deliver a ‘HighTech-HighTouch’ digital experience to clients with Temenos’ Explainable AI platform and digital banking
• With Temenos, BlueShore will modernize its payments infrastructure to leverage new Canadian real-time and data rich ISO20022 payments

Securities Commission Malaysia Reprimands Remitano And Seeks To Block Access To Its Website

Date 13/04/2021

The Securities Commission Malaysia (SC) has reprimanded Remitano for operating a digital asset exchange (DAX) in Malaysia without authorisation from the SC. The entity has also being included on the SC’s Investor Alert list. 

Message From JPX Group CEO Regarding Transition To New Market Segments

Date 13/04/2021

On April 4, 2022, the stock market operated by Tokyo Stock Exchange, Inc. will be restructured into three new market segments: Prime Market, Standard Market, and Growth Market. Today we have published a message from the Group CEO to mark the milestone of one year remaining before the market restructure.

HKEX Appoints Head Of Post Trade Change

Date 13/04/2021

Hong Kong Exchanges and Clearing Limited (HKEX) is today (Tuesday) pleased to announce that Lisa O’Connor has joined the company as Managing Director, Head of Post Trade Change, reporting to Head of Post Trade, Glenda So.

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In March 2021

Date 13/04/2021

Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. 

SEC: Staff Statement On Accounting And Reporting Considerations For Warrants Issued By Special Purpose Acquisition Companies (“SPACs”) John Coates, Acting Director, Division Of Corporation Finance, Paul Munter, Acting Chief Accountant, April 12, 2021

Date 12/04/2021

Introduction

In a recent statement, Acting Chief Accountant Paul Munter highlighted a number of important financial reporting considerations for SPACs. Among other things, that statement highlighted challenges associated with the accounting for complex financial instruments that may be common in SPACs. Additionally, CF staff also issued a recent statement highlighting key filing considerations for SPACs.