Day: 22 May 2020

The Crypto Market Structure in 2020 and Beyond

To view the video please log in to the site At the recent Profit & Loss Dial-in Day New York, LMAX Group CEO David Mercer spoke to P&L’s managing editor Colin Lambert about the evolution of the crypto industry as LMAX Digital – the firm’s digital assets exchange – turned two years old. Mercer stressed […]

Nolens Named Head of BIS Innovation Lab Hong Kong

The Bank for International Settlements (BIS) has announced the appointment of Bénédicte Noella Nolens as head of the BIS Innovation Hub Centre in Hong Kong SAR for a three-year term from 1 July 2020. The Innovation Hub, established in 2019, aims to identify and develop in-depth insights into critical trends in technology affecting central banking; develop public goods in […]

Genesis to Move into the Prime Business with Vo1t Acquisition

Genesis has announced its acquisition of Vo1t, an insured digital custody service. The firm says the new addition will supplement its existing lending and OTC trading and enable it to launch Genesis Prime Services, a one-stop-shop for trading, lending, and securing digital assets, later this year. “Our acquisition of Vo1t is a giant strategic step […]

BNYM IM Launches Investor Services Business

BNY Mellon Investment Management has launched BNY Mellon Investor Solutions, an SEC-registered investment adviser that offers portfolio management and investment advisory services for investors worldwide seeking outsourced investment management. The new business will offer asset allocation and portfolio construction advice, manager research and selection, investment analytics, customised investment strategies and access to trust and custody […]

Fed’s Clarida: Haven’t Changed Mind vs Negative Rates

Federal Reserve Vice Chair Richard Clarida Thursday said he has not changed his mind, that there’s no upside to purposely move to negative rates. Speaking in a webinar sponsored by the New York Association for Business Economics, Clarida also underlined the points made Wednesday and previously by Fed Chair Jay Powell, that the path forward […]