LUCERNE, Switzerland, Jul. 10 (Korea Bizwire) — Recently, TokenPay Swiss AG announced its partnership with WEG Bank in Germany. Under the terms of the previously announced deal, TokenPay acquired 9.9% of the bank along with options to purchase approximately 90% overall of the bank pending the customary regulatory approval. Today, this 9.9% stake in WEGBank [...]
NEW YORK, Jul. 2 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) today announced it will launch U.S. DV01 Treasury Futures, a new interest rate risk product trading on the Nasdaq Futures Exchange (NFX). U.S. DV01 Treasury Futures, or “the dollar value of one basis point,” will allow clients to hedge against the price sensitivity of a portfolio [...]
NEW YORK, Jul. 2 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) announced today that it welcomed a total of 151 new listings in the first six months of 2018 – including 93 initial public offerings (IPOs), raising a total of approximately $15 billion in the U.S. market. With a 69 percent win rate, Nasdaq has extended its [...]
MUMBAI, India and STOCKHOLM, Sweden, Jul. 2 (Korea Bizwire) — The National Stock Exchange of India (NSE) and Nasdaq have officially signed an agreement for Nasdaq to deliver a customized real-time clearing, risk management and settlement technology to one of the world’s largest stock exchanges. In addition to the post-trade agreement, Nasdaq has also signed an agreement [...]
BEIJING, CHINA, Jun. 26 (Korea Bizwire) – COO Danna Li announced today that Mixin will cooperate with City Express Money Transfer Co. Ltd. (City), a global payment service provider, which belongs to the City Express Group, a large integrated financial group in Nepal. The co-operation is between Mixin Network and Mixin Messenger, the instant messaging [...]
BEIJING, CHINA, Jun. 26 (Korea Bizwire) – In an interview released in China last night, Jian Zhang, Founder of FCoin answered 10 challenging questions regarding his controversial business. Zhang is former CTO of Huobi and later in May this year launched FCoin Crypto Currency Trading Platform. Its innovative business model of “trans-fee mining” has made [...]
STOCKHOLM, Sweden, Jun. 26 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) Commodities today announced a plan to offer Day Ahead Auction Markets for Electricity in Germany, France and the Nordics alongside the existing Power Futures contracts. The implementation of Capacity Allocation & Congestion Management (CACM) aims at promoting effective competition in the generation, trading and supply of [...]
NEW YORK and STOCKHOLM, Sweden, Jun. 26 (Korea Bizwire) — During its biennial Technology of the Future conference in Stockholm, Nasdaq Inc. (Nasdaq:NDAQ), in collaboration with Celent, today revealed the results of a new study of market infrastructure (MI) senior technology and strategy officers that uncovered three important trends: the factors that are driving changes [...]
NEW YORK, Jun. 22 (Korea Bizwire) — Nasdaq (Nasdaq:NDAQ) today announced the Nasdaq Closing Cross had a record day as it was used for the 15th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell U.S. Indexes, part of leading global index provider FTSE Russell, during their annual reconstitution. A record 1.188 billion [...]
At an event held on Wednesday June 20th at the Silicon Valley Bank in London, UK, Mash was selected from over 1800 companies to the FinTech50 2018 list, joining FinTech giants like N26, Monzo, Raisin and Revolut on the list of Europe’s hottest FinTech companies. James Hickson, Group CEO of Mash commented, “This has been a [...]