The market capitalisation of global stock markets declined by 20% in 2022 while value of traded stocks fell by 10% according to data from the World Federation of Exchanges (WFE).
The Securities and Exchange Commission today proposed requirements for broker-dealers, clearing agencies, major security-based swap participants, the Municipal Securities Rulemaking Board, national securities associations, national securities exchanges, security-based swap data repositories, security-based swap dealers, and transfer agents (collectively, “Market Entities”) to address their cybersecurity risks.
MyntFund, the parent company of MyntCoin, has recently announced the launch of MyntExchange in Q1 of 2023, which marks the birth of an innovative financial platform for cryptocurrency.
CQG, a leading global provider of high-performance technology solutions for market makers, traders, brokers, commercial hedgers and exchanges, today announced a strategic partnership with global Fintech leader, Broadridge Financial Solutions Inc. (NYSE: BR) that will integrate the two firms' Execution Management System (EMS) and Order Management System (OMS) respectively.
Torstone Technology, a leading SaaS platform for post-trade securities and derivatives processing, today announces that Sam Farrell has joined the firm as Head of North America.
L4 Venture Builder, an independent investment fund with capital for investments in the ecosystems of innovation and entrepreneurship will take a minority stake in Vermiculus Financial Technology, specialized in providing state-of-the-art technology to exchanges, clearinghouses, and CSDs.
MVGX Holdings Pte. Ltd. (“MVGX”), parent of Singapore-based FinTech company and digital green exchange MVGX, providing end-to-end Carbon Software-as-a-Service solutions, announced that it has appointed Meyer “Sandy” Frucher as its Vice Chairman.
