A federal grand jury in the Southern District of Texas returned an indictment that was unsealed yesterday charging eight men with conspiracy to commit securities fraud for a long-running, social media-based “pump and dump” scheme.
United Fintech, an outfit dedicated to scooping up a stable of capital markets fintechs, has acquired Cobalt, a provider of risk and data services to the FX and digital asset markets. Terms were not disclosed.
Intercontinental Exchange, Inc., a leading global provider of data, technology and market infrastructure, and BNY Mellon | Pershing, a leading provider of clearing and custody solutions, announced today that the web-based version of the ICE Connect wealth management platform has been integrated into BNY Mellon | Pershing's clearing and custody platform NetX360+®.
Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, and Fennel Financials LLC, which just launched an Environmental, Social and Governance (ESG)-focused platform offering retail investors access to tools to better engage with companies, today announced that Fennel has chosen to deploy the Eventus Validus platform for all of its trade surveillance activities.
Spectrum Markets, the pan-European trading venue for securitised derivatives, announced today it is welcoming Societe Generale as a new member, acting as liquidity provider and market maker of newly issued financial instruments.
The Securities and Exchange Commission today announced charges against eight individuals in a $100 million securities fraud scheme in which they used the social media platforms Twitter and Discord to manipulate exchange-traded stocks.
To create a better proxy voting experience and further extend the proxy voting process in South Africa, global Fintech leader, Broadridge Financial Solutions Inc. (NYSE:BR), and Strate, South Africa's principal central securities depository and central collateral platform, have completed the integration of their respective end-to-end vote processing solutions.
Indian digital payments giant Paytm is embarking on a share buyback of up to $103 million as it seeks to steady a stock price that has been in freefall since an IPO last year.
