In a significant move to advance investor inclusion in company fundraisings and fixed income investment products, capital markets technology firm PrimaryBid announces the appointment of Stacey Parsons as Managing Director and Head of Fixed Income.
Standard Chartered's venture arm SC Ventures has joined forces with Japan's SBI Holdings to set up a digital asset joint venture investment company in the UAE.
DTCC, the premier market infrastructure for the global financial services industry, today announced the launch of DTCC's OTC Direct Connect, a service providing seamless access to OTC derivatives transactions data that are reportable in the U.S. and Canada.
HSBC is moving deeper into the digital assets market with the launch of an institutional grade custody service for tokenized securities using technology from Ripple-owned Swiss crypto safekeeping firm Metaco.
A Single Point of Failure (“SPoF”) in FX post-trade messaging, created by decades of market consolidation, poses a significant threat to the entire global financial ecosystem says industry veteran Andy Coyne of CobaltFX, voicing his concerns as the British fintech launches its alternative post-trade messaging service in efforts to de-risk FX and deal with lack of competition in the world's effectively largest market.
