Global Digital Finance (GDF), the industry body advocating and accelerating the adoption of digital assets, has announced a partnership with Washington-based advisory and advocacy firm FS Vector, as well as four new senior appointments to its global policy and regulatory affairs teams. John Beccia of FS Vector will lead US regulatory affairs for GDF, while European public […]
INTL FCStone has entered into a definitive agreement to acquire Gain Capital Holdings for $6 per share or $236 million. The deal has been approved by the board of directors of both companies. As part of the transaction, FC Stone intends to make an offer at closing to repurchase Gain’s $92 million convertible notes due 2022. Gain’s $60 million convertible notes […]
The foreign exchange post-trade infrastructure provider Cobalt, has announced that Standard Chartered is the latest client to sign, adding that as an emerging market bank, this move will allow more market participants to experience the benefits and cost savings that Cobalt’s infrastructure provides. “As a global FX participant we realise the need for market standardisation,” […]
Sometimes it just pays to have the odd rule in your trading ecosystem to protect you from when things – as they inevitably do – go wrong. The latest to discover this is Japanese crypto exchange Quoine, which this week lost an appeal against a ruling in Singapore that it wrongfully reversed seven crypto trades […]
