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Latest Results from /markets

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RTGS.global CEO Sissens steps down

Cross-border settlement service RTGS.global has appointed Jarrad Hubble interim CEO after Dave Sissens stepped down for personal reasons.

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Iress says committed to UK market

Australian trading technology vendor Iress insists it is "committed" to its presence in the UK after admitting that results there have been "disappointing".

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Crypto trade group criticises SEC insider trading case

A US-based trade association representing crypto firms has called for the dismissal of an insider trading case brought by the Securities and Exchanges Commission (SEC) arguing that the regulator has unfairly labelled crypto assets as securities.

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Euronext makes €5.5bn indicative offer for Allfunds

Exchange operator Euronext has made an indicative offer to buy B2B wealthtech platform Allfunds for about €5.5 billion in cash and stock.

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FSB says many current stablecoins will not meet future regulatory standards

The Financial Stability Board has warned that many existing stablecoins would fail to pass muster under new risk management rules currently being formulated.

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US jury convicts Russian in $90m hack-to-trade conspiracy

A Russian businessman has been convicted in the US for his part in a scheme that netted $90 million through securities trades based on non-public information stolen from computer networks.

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FSB steps up investigation into DeFi risks

The Financial Stability Board is stepping up its investigation into the opaque world of decentralised Finance (DeFi), fearful of the potential for spill over risks to traditional finance.

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European exchanges form consolidated tape joint venture

Fourteen European exchanges have formed a joint venture company to participate in the future selection process for the provision of a consolidated tape (CT) for equities in the European Union.

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SEC finalises rules for move to T+1

The Securities and Exchange Commission has finalised rule changes to cut the settlement cycle to one business day in order to reduce risks in the clearance and settlement of securities.

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UK provides legal clarity on issuance of digital securities via blockchain

LawtechUK, a government-backed and industry-led group tasked with promoting the use of English law and the UK’s jurisdictions in the context of novel technologies, has determined that the UK legal framework is fit for purpose in relation to the issue of digital securities.

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Nomura invests in 'Hybrid Finance' startup Infinity

Nomura's digital assets subsidiary, Laser Digital, has invested in Infinity, a decentralized finance (DeFi) protocol for institutional lending and borrowing.

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DBS benefits from flight to safety by institutional crypto investors

The downturn in crypto values and multiple scandals has led to a boom in bitcoin trading at Singapore's DBS Bank, which saw volumes grow by 80% on its Digital Exchange (DDEx).