Day: August 2, 2019

Gorfine to Exit CFTC

Daniel Gorfine is leaving his position as chief innovation office at the US Commodity Futures Trading Commission (CFTC) and director of LabCFTC. Gorfine, who also served as designated federal officer of the CFTC’s Technology Advisory Committee, will depart in mid-August to return to the private sector. He had been with the commission since 2017. “We […]

Lloyd Joins Edgewater in Singapore

Edgewater Markets has hired Rick Lloyd as director of e-FX Sales out of its Singapore office. “I am very excited about joining the Singapore team at Edgewater Markets and look forward to the opportunity to contribute to the continued expansion of the company’s footprint in the Asia–Pacific region. The proprietary product offering, rapidly expanding global […]

Grayscale Picks Coinbase for Custody Solution

Grayscale, a digital currency asset manager, has picked Coinbase Custody to serve as custodian for the underlying assets for each of its products, effective July 29, 2019. Coinbase Custody is a New York Department of Financial Services-regulated company that offers access to an audited, and insured custody solution. As a qualified custodian, Coinbase Custody is […]

FX Platform Volumes Drop in July

The first group of FX platforms to report average daily turnover (ADV) for July indicate that volume in the market dropped sharply from June, however year-on-year data was slightly better. FXSpotStream reports ADV of $36.3 billion in all FX products, a 14.2% drop from June but a very healthy 31% increase from July 2018, while […]