Solutions
By Jude Scott, Cayman Finance – In August 1864, 900 miles almost due North of the Cayman Islands, US Navy Rear Admiral David Farragut faced a pivotal moment. Leading a squadron charged with attacking Confederate forces in Mobile Bay, Alabama, Farragut’s flotilla encountered tethered mines known then as “torpedoes” which ultimately threatened his mission and his men. Acting decisively to navigate around the threat and pursue his objective, Farragut uttered the phrase that has now passed into military lore: “Damn the torpedoes! Full steam ahead!”
Leaders in every walk of life will meet challenges that could distract their focus, diminish
Moonstake has entered into a strategic partnership with Stake Technologies, which develops the Plasma Network, the world’s first successful connection to Polkadot’s testnet parachain.
Read the full story at Institutional Asset Management…
GCGC Investments Ltd has launched a global mining initiative which utilises blockchain technology and DeFi (decentralised finance) architecture.
This combines the centuries-old mining industry with emerging technology to form a decentralised financial ecosystem geared towards disrupting financial intermediaries.
“The global system of commodities and mineral resources is the foundation for production around the world,” states Jonathan Shek, CEO of GCGC. “Advances in technology have now created an urgent need to transform the very fabric of the trading and financial services systems linked to our systems of production. At GCGC, we combine the best in economic fundamentals with the latest technology
The Crypto Finance Group’s brokerage subsidiary, Crypto Broker AG, has been granted a licence as a securities house with a bilateral trading facility by FINMA, the Swiss Financial Market Supervisory Authority.
The licence will allow the Crypto Finance Group to begin offering new products, services, and trading platform features, which will all meet the standards warranted by prudential regulatory oversight.
This significant milestone caps a successful previous year for the group, with the brokerage trading over USD1 billion in assets in 2020 and poised for further growth.
This licence establishes further trust in the Crypto Finance Group: Crypto Broker AG
Bridge Mutual, a decentralised, peer-to-peer discretionary coverage platform for digital assets, has launched BMI token on Polkastarter, the Polkadot DEX for cross-chain token pools and auctions.
The BMI token was available on Polkastarter via an Initial DEX Offering (IDO) from 30 January, 2021.
Last year alone, an estimated USD200 million in digital assets were lost in attacks on major services including KuCoin, Harvest Finance, and Origin Protocol. Bridge Mutual mitigates the risk of loss of funds resulting from unaudited smart contracts, exchange hacks, and other digital asset vulnerabilities with a marketplace for investors to provide and purchase coverage. Built on
Accessing bitcoin investments through a product which is listed on a recognised stock exchange and is liquid can ease many institutional investor concerns around allocation to this asset class.
LiquidityBook, a software-as-a-service (SaaS)-based provider of buy- and sell-side trading solutions, has reported record. revenues in 2020, despite the coronavirus pandemic.
Read the full story at Institutional Asset Manager…
Broadridge Financial Solutions, in partnership with The Depository Trust & Clearing Corporation (DTCC), has begun development to support its role as an Approved SFT Submitter as it prepares for the launch of the new Securities Financing Transaction (SFT) Clearing service.
Read the full story at Institutional Asset Manager…
The European Power Exchange EPEX SPOT and its clearing house European Commodity Clearing (ECC) have successfully launched new After-Market contracts in Belgium and in the Netherlands.
These new offerings enable market participants to trade local hourly and 15 minute contracts even after delivery, until 12:30 pm CET for the Belgian market, and until 8:30 am on the day after delivery CET on the Dutch market. 21 members have registered for trading on the After-Market.
“After-Market contracts enable the adjustment of physical positions of our customers in the ex-post timeframe. By balancing their positions even after delivery, when all the final
Digital Vega, an FX Options e-trading platform and provider of FX Options trading solutions, and Spark Systems, a Singapore based builder of low latency FX trading platforms, have formed strategic partnership to offer clients a technology platform for trading the full suite of FX products: Options, Spot, Forwards, Swaps and NDF’s.
The partnership between Digital Vega and Spark Systems is in response to demand from a broad group of buy- and sell-side users who are looking to access the market using complementary FX trading technology solutions. The combination of Digital Vega’s experience in developing FX Options technology with Spark Systems’
