SGX has agreed to acquire MaxxTrader, the FX order management system from FlexTrade Systems, for $125 million. MaxxTrader is an FX platform designed to allow sell-side institutions to privately manage and issue price information to clients and the market. ...
Rohit Verma was appointed head of Asia Pacific at LCH, the global clearing house, effective 26 July 2021. Based in Singapore, he will report to Isabelle Girolami, CEO, LCH Ltd.
The cryptocurrency derivatives platform FTX raised $900 million, one of the largest rounds of financing for a digital assets start-up, from more than 60 investors, valuing the business at $18bn.
Nasdaq Private Market will be spun off from Nasdaq into an independent company in a joint venture among Nasdaq, SVB Financial Group, Citi, Goldman Sachs, and Morgan Stanley, Nasdaq announced Tuesday.
Charles Li, the former CEO of HKEX, joined the board of directors of MarketAxess on July 13 as the fixed income trading platform provider grows its business in Asia Pacific.
Square CEO Jack Dorsey on Thursday announced that his mobile payments company Square would launch a DeFi (decentralized finance) platform built on bitcoin.
The fixed income platform provider Tradeweb has appointed Dan Cleaves, former chief of BrokerTec Americas, as a managing director in its Dealerweb wholesale unit.
Tensions are rising in the EU over ESMA's failure to name a replacement for its former chair, Steven Maijoor, whose mandate ended in March because of a political standoff, Bloomberg reported.
Terry Gilhooly has been promoted to Global Chief Operating Officer (COO) from COO, North America at R.J. O'Brien & Associates.
Tom Farley will take over as the new CEO of Bullish, the cryptocurrency exchange backed by Block.one, which just revealed plans to go public via a SPAC deal by merging with Farley's company, Far Peak Acquisition Corp.
Circle, the company behind USD Coin, has announced plans to do an IPO on Wall Street through a deal with a blank-check company chaired by former Barclays head Bob Diamond.
Hong Kong Exchanges and Clearing Limited (HKEX) announced Thursday the establishment of a Mainland China Advisory Group comprising senior industry experts who will act as advisors to the Board of HKEX.
FTSE Russell has launched a suite of eight equity indices aligned with the Paris Agreement on climate change, covering developed and emerging markets.
Non-fungible token (NFT) sales rose to $2.47 billion in the first half of 2021, dwarfing those of first-half 2020 when sales totaled $13.7 million, Reuters reported.
Editor-in-Chief
SarahRudolph@JohnLothian.com MarketsWiki Profile
Sarah Rudolph is Editor-in-Chief at John Lothian News. She is a Chicago-based journalist who has concentrated on financial services. She joined John Lothian News in 2008.