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Cryptocurrency Exchange EQONEX has launched BTC Dated Futures with physical settlement. This marks an important milestone in the company’s expanding product suite for experienced traders, enabling them to use commonly deployed derivatives trading strategies in cryptocurrency markets.
The Digital Pound Foundation (DPF) has formed a new strategic partnership with CryptoUK as part of its plans to foster a stronger ecosystem for new forms of digital money in the UK.
Incorporated in June 2021 and formally launched in October 2021, the DPF is an independent, non-profit organisation which works with a variety of stakeholders and participants towards the implementation of a well-designed digital Pound. As policy developments surrounding digital currencies are accelerating, the DPF is building partnerships with a number of key organisations to help strengthen the dialogue with policymakers and collaborate on developing best practices.
Launched
Two managers responsible for a suite of Allianz SE hedge funds that allegedly lost billions in the early days of the global pandemic, were sacked by the company, according to a report by Bloomberg.
Regulatory filings show that both Greg Tournant and Stephen Bond-Nelson were removed from their positions as managers of Allianz Global Investors Structured Alpha hedge funds in December for ‘violation of firm policies designed to ensure compliance with industry regulations and standards relating to the preparation and provision of client communications’, and ‘violation of firm compliance policies’, respectively. A third manager, Trevor Taylor, who was also involved
GCEX, an FCA regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity in digital assets and FX, has opened an office in Kuala Lumpur.
Graffiti Bears – the metaverse’s first entrepreneur-driven NFT community – has announced its much-anticipated pre-sale date, with 9,999 spectacular artworks going live on 2 March at 10pm GMT.
The Hoshi Labs project has amassed a 24,000-plus following across Discord and Twitter since its original launch in late December 2021 – turning heads for its unique business-focused concept and refreshing approach to NFT ownership.
Founded by two business partners who have enjoyed seven-figure success in the real world, Graffiti Bears is a self-sustaining community that enables members to pitch business ideas, make connections, and invest in companies created by other NFT holders.
Profits generated
Bitfrost has appointed Eva Lorenzo as Head of Compliance. In her role, Lorenzo will lead a team of staff responsible for ensuring regulatory compliance and organising licensing expansion in Gibraltar, Switzerland, Cyprus, Hong Kong and the UK.
Lorenzo is compliance and MLRO professional with more than 10 years of experience in expertly implementing appropriate local and international regulations.
Before joining Bitfrost, Lorenzo has served for INX Limited and Intertrader Limited where she focused on implementing a robust compliance and financial crime programme, compliance risk management, quantitative analytics and staff training.
Lorenzo´s first priority in terms of Bitfrost’s development is to
Short bets on the Australian dollar by leveraged hedge funds have hit their highest level since November according to a report by Bloomberg.
Bloomberg says the latest data from the Commodity Futures Trading Commission (CFTC), which covers up to 8 February, shows that futures and options investors have significantly upped their positions aimed at benefitting from a weakening of the currency.
The move came after Royal Bank of Australia Governor Philip Lowe pledged to remain patient in assessing inflation despite US and European central banks moving to tackle recent price growth.
Ocorian, a provider of private client, fund, corporate, capital markets, and regulatory and compliance services, has developed and launched Optics, a reporting and interactive dashboard tool to improve the efficiency of capital markets transactions globally.
Capital markets transactions are traditionally very complex and include many different parties, with access to transactional data often very restricted. With Ocorian Optics, clients can now break down transactions and loans per user and present the data in visual, completely customisable reports and dashboards. This gives full oversight of the transaction and the user’s individuals commitments, assets, loan and debt types in a user-friendly form.
Talos, an institutional digital asset technology provider, has added the global OSL Exchange to its partner network.
As a result, Talos users can now seamlessly access liquidity found on OSL’s global exchange, which aggregates order books across Asia, the Americas, and OSL’s white-label platforms, including its soon-to-launch European joint venture with Standard Chartered.
OSL is a subsidiary of the HKSE-listed, “Big-Four” audited BC Technology Group (stock code: 863) and is license-exempt under the Payment Services Act by the MAS in Singapore, OSL is also registered as a Money Services Business with FINCEN in the United States.
Developed in 2018,
Value Partners Group Limited has appointed Ellen Tsang as Managing Director, Head of Marketing and Communications, effective 21 February 2022.
Tsang is responsible for the overall marketing and communications function of the Group. She will take charge of the Group’s branding, marketing, corporate communications and investor relations. Tsang based in Hong Kong, and she reports to the Group’s President, June Wong.
Tsang was formerly Head of Marketing for Asia ex-Japan at State Street Global Advisors and has over 20 years of marketing experience.
