Deutsche Börse announced the final outcome for its public takeover of SimCorp, saying it now holds around 94 percent of all SimCorp shares (excluding SimCorp treasury shares). The offering is expected to be completed on September 29.
Fredric J. Tomczyk, a Cboe board member, was appointed CEO of Cboe Global Markets on Tuesday, succeeding Ed Tilly, who resigned from the company following the conclusion of an investigation led by the board of directors.
In this JLN video interview from this year’s FIA IDX in London, JLN Correspondent Julie Ros talked to Nick Solinger, the president of FIA Technology Services, Inc. He offers a comprehensive overview of FIA Tech’s role within the industry, recent developments at FIA Tech, its future plans, and the impact of its participation in IDX.
Citigroup CEO Jane Fraser announced a corporate reorganization Wednesday that gives her more control of the company. It is the biggest shake-up for Citigroup management in almost two decades, FT reports.
Bolsas y Mercados Españoles (BME) received approval by the Spanish regulator for a new digital assets derivatives segment. Under the EU regulatory framework, BME Clearing can now clear Bitcoin and Ethereum futures denominated in US dollars.
The FIA, ISDA, and nine other trade associations published a joint statement calling for the EU to scrap its proposal to move clearing deals out of London under the European Market Infrastructure Regulation (EMIR 3.0).