March 22, 2023 BY Steffy Bogdanova

Apex Group taps Crypto Finance for crypto investment solutions

Bruce Jackson, Chief of Digital Asset Funds and Business at Apex Group,said: Today’s announcement is an important next step in our global strategy of institutionalising digital markets, enabling institutional capital to access this digital asset class within the same secure and regulated framework they are familiar with from the traditional financial markets. Apex Group and…

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Acquisition
March 22, 2023 BY Steffy Bogdanova

State Street acquires CF Global and expands outsourced trading

State Street’s Global Head of Portfolio, Dan Morgan, said: Market volatility , margin compression, increased regulation, and cost pressures have presented multiple challenges for investment managers. Survival and growth depend on the ability to streamline processes, reduce costs and integrate infrastructure to allow more focus on core competencies of investment selection and alpha generation. With…

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OneCoin
March 22, 2023 BY Steffy Bogdanova

Crypto scam OneCoin’s head of compliance extradited and facing charges in the US

U.S. Attorney Damian Williams said: Irina Dilkinska, the supposed Head of Legal and Compliance for the OneCoin cryptocurrency pyramid scheme, accomplished the exact opposite of her job title and allegedly enabled OneCoin to launder millions of dollars of illegal proceeds through shell companies.  Dilkinska helped perpetuate a wide-ranging scheme with millions of victims and billions…

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March 22, 2023 BY Steffy Bogdanova

Crossover Markets kicks off, TMGM provides crypto liquidity

A spokesperson for TMGM said: We are thrilled to be part of this exciting new venture. As a broker that has always been committed to innovation and providing our clients with the best possible trading experience, we see Crossover Markets as a natural extension of our services. We believe we can help our clients achieve…

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March 21, 2023 BY Steffy Bogdanova

The Sandbox and GCEX team up to create education and client engagement platform within the DubaiVerse

The Sandbox and GCEX will help gamers, as well as companies who want to access the open metaverse. The two companies will educate them on decentralised finance (DeFi) and on GCEX’s digital prime brokerage offering for institutional and professional clients. GCEX’s clients will also gain access to exclusive content and educational assets. Sebastien Borget, COO…

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Cboe
March 21, 2023 BY Steffy Bogdanova

Cboe BIDS Australia to launch on 27 March

Cboe's acquisition of BIDS Trading, the largest block-trading alternative trading system (ATS) by volume in the US, in 2021, gave the operator of one of the largest derivatives exchanges in the US, Cboe, further access to the expanding world of off-exchange trading. Cboe BIDS has already established subsidiaries in Europe and Canada, with Cboe BIDS…

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FlexTrade hires Rajiv Shah as EMEA Sales Head
March 21, 2023 BY Steffy Bogdanova

Rajiv Shah joins FlexTrade as EMEA Sales Head

Shah's career began in 1993 at Whitehall Systems, and he later moved to Xuber. His most notable experience was his tenure of 19 years at Fidessa, where he started as a Project Manager and advanced through the ranks to become the Managing Director and Head of Sales for EMEA, as indicated on his LinkedIn profile.…

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March 21, 2023 BY Steffy Bogdanova

iS Prime sees £16.2 million pre-tax profit in FY22

In contrast to a comparable 12-month period, iS Prime's end-of-year 2022 results indicate a rise in revenue by £3.5 million, which represents an 11% increase year on year. The company's financial statement remains robust, boasting cash reserves of nearly £37 million. Alex Lowe, Managing Director, iSAM commented: iS Prime’s financials reveal another very successful year,…

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