Tag: New York

New York

Genesis Gets BitLicense Approval

Genesis Global Trading has received approval from the New York Department of Financial Services (DFS) for a BitLicense.

The license enables Genesis to facilitate the trading of several digital currencies, including bitcoin, with its institutional trading partners.

Genesis is the first New York-based trading firm to receive the license, having prior to now operated under a “safe harbour” provision with DFS that enabled digital currency trading.

“Regardless of the fact that cryptocurrencies trade worldwide, New York is still a major financial centre and so to have a firm here approved under this regime is a milestone moment for all of us,” Michael Moro, CEO of Genesis, tells Profit & Loss.

Rocktoberfest in New York and Chicago Nears

Two Hedge Fund Rocktoberfest events, the annual fundraisers for children’s charity A Leg To Stand On (ALTSO), will take place on 5 and 26 October in Chicago and New York
The two events events will unite over 2,000 leaders from the alternative investments and finance industry for rock & roll and acoustic music, featuring over a dozen bands whose talented performers are industry leaders. New York anticipates a total of more than 15 acoustic and main stage acts for its event on 26 October, while Chicago has nearly 10 performances scheduled to headline on October 5.