Institutional Spot FX ADV in October 2023 See Mixed Results

The institutional spot FX average daily volume of major platforms declined overall in October2023. Among the six major institutions, only Cboe FX and FxSpotStream reported an increasein their spot FX average daily volume (ADV), while CLS, Euronext FX, 360

Crypto Exchange Bitvavo Gets Nod to Operate in France

Netherlands-based crypto firm Bitvavo has got registered with the French Autorite des marchesfinanciers (AMF) as a Digital Asset Service Provider (DASP), permitting to the firm to delivercrypto products and services in the French market

Interactive Brokers and Victory Securities Licensed to OfferRetail Crypto Trading in Hong Kong

"nteractive Brokers Hong Kong is now licensed in Hong Kong to allow trading of virtual assetscurrently Bitcoin and Ethereum) by retail clients," said David Friedland, Manager Director forAsia Pacific at Interactive Brokers, in his Linkedln post

Zipmex Crypto Exchange Halts Trading Operations inThailand

The decision, which took effect on Nov. 25, at 1:00 PM, was made in accordance with localregulations set by the Securities and Exchange Commission (SEC) of Thailand.

UK FCA Issues Warning Against 40 nauthorized Companies

The United Kingdom\'s Financial Conduct Authority (FCA) last week issued warnings against 64new companies that are soliciting customers in the UK jurisdiction without any licenses or areclones of authorized platforms.

DUBAI FINANCIAL MARKET TO LAUNCH CARBON CREDITS TRADING PILOT DURING COP28

“The launch of carbon credit trading represents a logical progression for DFM as a platform for ESG-focused themes and building on our existing track record.”

TRADEWEB AGREES TO ACQUIRE R8FIN TO ADD ALGORITHMIC TOOLS FOR US TREASURIES

r8fin’s existing client base includes 65 relative value hedge funds, systematic hedge funds, professional trading firms, and primary dealers. Its technology is a pivotal tool in the market, facilitating algorithmic-based execution for an impressive daily

SEC TIGHTENS GOVERNANCE AT CLEARING AGENCIES TO CURB CONFLICTS OF INTEREST

The Securities and Exchange Commission (SEC) has implemented new rules to bolster governance at all registered clearing agencies, a move designed to mitigate conflicts of interest within their boards of directors or equivalent governing bodies.

U.S., SINGAPORE, AND SWITZERLAND EXECS ARE THE MOST BULLISH FOR 2024

“While many of the economic factors troubling financial executives a year ago – from rising interest rates to elevated geopolitical unrest – persist today, the rate of technological progress witnessed over the last 12 months poses a tremendous growth oppo

LIGHTYEAR ADDS SPANISH STOCKS TO ITS TRADING OFFERING

“We’re seeing more and more Spanish investors fighting inflation by moving idle cash from banks and investing in financial instruments such as stocks and funds to diversify their portfolios. However, still too few Spaniards invest, not least because of th

NEW ZEALAND’S BATTLE AGAINST RISING INVESTMENT SCAMS: A NATIONAL ALARM

As Fraud Awareness Week 2023 unfolds, the New Zealand Financial Markets Authority (FMA) intensifies its campaign to educate the public about the escalating threat of investment scams. This initiative gains urgency against the backdrop of nearly $200 milli

ASIC SURVEY REVEALS SIGNIFICANT CYBERSECURITY GAPS IN AUSTRALIA

“For all organizations, cybersecurity and cyber resilience must be a top priority. ASIC expects this to include oversight of cybersecurity risk throughout the organization’s supply chain – it was alarming that 44% of participants are not managing third-pa

CQG SENIOR EXECUTIVES TO ACQUIRE COMPANY IN TRANSITION PLAN

CQG, a renowned provider of high-performance technology solutions in the trading sector, announced a significant shift in its ownership structure with a group of its senior executives set to acquire the company.

EVENTUS FORTIFIES TRADE SURVEILLANCE WITH SUCCESSFUL SOC 2 TYPE 2 EXAMINATION

Eventus, a global leader in advanced trade surveillance software, has announced the successful completion of the SOC 2® Type 2 examination, affirming the robustness of its security, availability, and confidentiality controls.

VOLANTE SECURES $66 MILLION INVESTMENT TO ADVANCE INSTANT PAYMENTS IN THE US AND EUROPE

Vaibhav Nalwaya, Managing Partner, Wavecrest Growth Partners, added, “We led Volante’s first-ever growth capital funding round in 2020. Since then, the company has steadily built on its early momentum, as evidenced by taking the top spot in IBS Intelligen