Information Nuggets | 20 April: FlowNow Rebrands; Deribit’s Zero-Price Crypto Buying and selling

by Jeremy

Binance Labs Helps GOMBLE

Binance
Labs
, one of many greatest crypto exchanges on the earth, has not too long ago pledged
its help for GOMBLE, a blockchain recreation growth firm affiliated with
the South Korean informal cell recreation writer 111Percent.

GOMBLE goals to offer informal avid gamers worldwide with a possibility to expertise blockchain video games whereas incorporating sustainable reward
programs. The corporate additionally seeks to enhance the interoperability of NFTs by
making a mobile-based blockchain.

GOMBLE’s
management is headed by Jihoon Byun, the previous COO of 111Percent, and a staff
of specialists who carry a wealth of data and expertise from numerous Web2 and
Web3 firms resembling Google, Kakao Mind, SK Telecom, and crypto exchanges.

CME Fines Dealer $200k

The CME’s
Chief Regulatory Officer
not too long ago charged Tajgir Rahman for violating a number of
CBOT guidelines. Allegedly, Rahman entered orders in his employer’s account with out
the intent to commerce in a number of Soybean, Soybean Oil, and Soybean Meal contracts
between July 2019 and September 2022.

He did this
to mislead different market members and profit orders in his private
account. Consequently, he profited $10,821.50. CME discovered Rahman responsible of
committing the admitted expenses and ordered him to pay a $200,000 tremendous and
$10,821.50 in disgorgement. Moreover, he was completely suspended from
direct entry to any buying and selling flooring owned or managed by CME Group.

Plum Presents Value Alerts
and Watchlists

Plum, the
modern cash app providing cash administration providers, has launched two new options designed for inventory traders. These new
options intention to reinforce clients’ understanding of their portfolios whereas offering well timed info to make knowledgeable funding choices.

One in all
these new options is the ‘Watchlist’ software, which permits to watch monetary
devices that curiosity them. Plum has additionally launched ‘Value Alerts’, which
allows clients to set goal costs on shares. The app routinely
notifies when the share value hits the extent they set, enabling merchants to make
knowledgeable choices about investments.

FlexNOW Rebrands to Spark EMS

FlexTrade has rebranded its cloud-based multi-asset EMS platform FlexNOW to Spark. The corporate highlighted that the rebranding wouldn’t have an effect on present clients or product performance.

The rebranding got here with the rising demand for cloud-based providers within the buying and selling trade. Spark will now give attention to cloud-based innovation leveraging FlexTrade’s trade expertise.

“We’ll keep underneath the FlexTrade umbrella the place we’re in a position to proceed creating new options for our Spark group which has been rising considerably since we began this venture in 2019. Our predominant focus is to ship a platform with no compromise to energy and efficiency,” mentioned Adi Prnjavorac, a Common Supervisor at Spark EMS.

M4Markets Faucets Acuity Buying and selling

FX/CFDs dealer M4Markets enhanced its choices by including AI-powered instruments, together with an financial calendar, a sign heart, and a market sentiment hub, offered by Acuity Buying and selling.

“At M4markets, we’re dedicated to empowering our merchants with the most recent and most subtle sources. Our new AI-powered suite, in collaboration with Acuity, is a game-changer that may present our merchants the most recent market insights and data-driven evaluation. We’re excited to supply this highly effective software to our purchasers, affording them the chance to make extra knowledgeable funding choices,” mentioned M4Markets’ Group Chief Enterprise Growth Officer, Nick Jay.

Just lately, Finance Magnates reported on M4Markets’ acquisition of the shopper ebook of closed FX/CFDs dealer, Tixee.

Deribit to Launch Zero-Price Spot Crypto Buying and selling

Crypto alternate Deribit is poised to sweeten its choices with the launch of zero-net-fee spot buying and selling subsequent week. Initially, the zero-fee service can be out there for 3 crypto pairs: BTC/USDC, ETH/USDC, and ETH/BTC.

Zero-fee buying and selling is uncommon within the crypto buying and selling house. Exchanges often low cost trades with their native tokens. Deribit detailed that there won’t be any quantity reductions nor affiliate or associate sharing supplied on the zero-fee buying and selling mannequin. Deribit additionally gives crypto choices and futures devices.

“Our purpose has all the time been to offer our customers with a whole alternate platform that meets all their buying and selling wants,” mentioned Luuk Strijers, the Chief Industrial Officer at Deribit.

“After years of being the main crypto derivatives buying and selling platform and making certain that our alternate has the best stage of safety and transparency, we now have determined to use our experience to identify buying and selling. By including spot buying and selling to our current futures and choices merchandise, we at the moment are in a position to present a fulsome alternate providing that caters to all varieties of merchants.”

Blackbull Markets Modifications Area

Blackbull Markets, an FX and CFDs dealer, introduced the transition of its area handle from blackbullmarkets.com to blackbull.com, efficient from the top of April.

Although it should change the e-mail addresses of the corporate, providers directed in the direction of clients, like accounts, buying and selling actions, and investments, will stay unchanged.

“This area transition is only aimed toward streamlining our on-line presence and enhancing our model identification, and it’ll not have an effect on your capacity to entry and use our platform, merchandise, or buyer help in any approach,” Blackbull said.

“We’re taking all needed measures to make sure a easy transition, and our staff is available to deal with any questions or issues you could have. Please be at liberty to contact our buyer help staff for any help.”

ClearBank Onboards New Chief Product Officer

London-based Clearbank introduced the appointment of Spiros Theodossiou as Chief Product Officer (CPO). He brings over 20 years of expertise to the position.

Spiros Theodossiou, CPO at Clearbank

He joined ClearBank from DEXT, the place he was additionally the CPO. Earlier than that, he was the SVP of Product Administration at WorldPay and likewise labored at PayPal, Skrill, and Vouchercodes.com.

“The expansion alternatives, each within the UK and as ClearBank expands internationally, are phenomenal and I sit up for being part of the financial institution’s journey, working carefully with our purchasers to grasp their wants, drive product innovation and assist take our imaginative and prescient to new markets,” Theodossiou talked about.

CAT Monetary Merchandise Selects Broadridge

CAT Monetary Merchandise, a Swiss supplier of securities and funding providers, has applied Broadridge’s world multi-asset post-trade processing resolution.

“We’re strategically positioned to realize new momentum by way of the event of structured merchandise, AMCs and exchange-traded merchandise, all delivered by way of an enhanced and differentiated shopper service providing,” mentioned Stephan Giselbrecht, the COO at CATFP.

Danny Inexperienced, the Head of Worldwide Submit-Commerce Options at Broadridge said: “They will depend upon our unwavering dedication to drive effectivity by way of the best ranges of straight-through processing and API-enabled providers that scale back danger and supply the pliability and capability for future progress, whereas optimising value/revenue ratios.”

Binance Labs Helps GOMBLE

Binance
Labs
, one of many greatest crypto exchanges on the earth, has not too long ago pledged
its help for GOMBLE, a blockchain recreation growth firm affiliated with
the South Korean informal cell recreation writer 111Percent.

GOMBLE goals to offer informal avid gamers worldwide with a possibility to expertise blockchain video games whereas incorporating sustainable reward
programs. The corporate additionally seeks to enhance the interoperability of NFTs by
making a mobile-based blockchain.

GOMBLE’s
management is headed by Jihoon Byun, the previous COO of 111Percent, and a staff
of specialists who carry a wealth of data and expertise from numerous Web2 and
Web3 firms resembling Google, Kakao Mind, SK Telecom, and crypto exchanges.

CME Fines Dealer $200k

The CME’s
Chief Regulatory Officer
not too long ago charged Tajgir Rahman for violating a number of
CBOT guidelines. Allegedly, Rahman entered orders in his employer’s account with out
the intent to commerce in a number of Soybean, Soybean Oil, and Soybean Meal contracts
between July 2019 and September 2022.

He did this
to mislead different market members and profit orders in his private
account. Consequently, he profited $10,821.50. CME discovered Rahman responsible of
committing the admitted expenses and ordered him to pay a $200,000 tremendous and
$10,821.50 in disgorgement. Moreover, he was completely suspended from
direct entry to any buying and selling flooring owned or managed by CME Group.

Plum Presents Value Alerts
and Watchlists

Plum, the
modern cash app providing cash administration providers, has launched two new options designed for inventory traders. These new
options intention to reinforce clients’ understanding of their portfolios whereas offering well timed info to make knowledgeable funding choices.

One in all
these new options is the ‘Watchlist’ software, which permits to watch monetary
devices that curiosity them. Plum has additionally launched ‘Value Alerts’, which
allows clients to set goal costs on shares. The app routinely
notifies when the share value hits the extent they set, enabling merchants to make
knowledgeable choices about investments.

FlexNOW Rebrands to Spark EMS

FlexTrade has rebranded its cloud-based multi-asset EMS platform FlexNOW to Spark. The corporate highlighted that the rebranding wouldn’t have an effect on present clients or product performance.

The rebranding got here with the rising demand for cloud-based providers within the buying and selling trade. Spark will now give attention to cloud-based innovation leveraging FlexTrade’s trade expertise.

“We’ll keep underneath the FlexTrade umbrella the place we’re in a position to proceed creating new options for our Spark group which has been rising considerably since we began this venture in 2019. Our predominant focus is to ship a platform with no compromise to energy and efficiency,” mentioned Adi Prnjavorac, a Common Supervisor at Spark EMS.

M4Markets Faucets Acuity Buying and selling

FX/CFDs dealer M4Markets enhanced its choices by including AI-powered instruments, together with an financial calendar, a sign heart, and a market sentiment hub, offered by Acuity Buying and selling.

“At M4markets, we’re dedicated to empowering our merchants with the most recent and most subtle sources. Our new AI-powered suite, in collaboration with Acuity, is a game-changer that may present our merchants the most recent market insights and data-driven evaluation. We’re excited to supply this highly effective software to our purchasers, affording them the chance to make extra knowledgeable funding choices,” mentioned M4Markets’ Group Chief Enterprise Growth Officer, Nick Jay.

Just lately, Finance Magnates reported on M4Markets’ acquisition of the shopper ebook of closed FX/CFDs dealer, Tixee.

Deribit to Launch Zero-Price Spot Crypto Buying and selling

Crypto alternate Deribit is poised to sweeten its choices with the launch of zero-net-fee spot buying and selling subsequent week. Initially, the zero-fee service can be out there for 3 crypto pairs: BTC/USDC, ETH/USDC, and ETH/BTC.

Zero-fee buying and selling is uncommon within the crypto buying and selling house. Exchanges often low cost trades with their native tokens. Deribit detailed that there won’t be any quantity reductions nor affiliate or associate sharing supplied on the zero-fee buying and selling mannequin. Deribit additionally gives crypto choices and futures devices.

“Our purpose has all the time been to offer our customers with a whole alternate platform that meets all their buying and selling wants,” mentioned Luuk Strijers, the Chief Industrial Officer at Deribit.

“After years of being the main crypto derivatives buying and selling platform and making certain that our alternate has the best stage of safety and transparency, we now have determined to use our experience to identify buying and selling. By including spot buying and selling to our current futures and choices merchandise, we at the moment are in a position to present a fulsome alternate providing that caters to all varieties of merchants.”

Blackbull Markets Modifications Area

Blackbull Markets, an FX and CFDs dealer, introduced the transition of its area handle from blackbullmarkets.com to blackbull.com, efficient from the top of April.

Although it should change the e-mail addresses of the corporate, providers directed in the direction of clients, like accounts, buying and selling actions, and investments, will stay unchanged.

“This area transition is only aimed toward streamlining our on-line presence and enhancing our model identification, and it’ll not have an effect on your capacity to entry and use our platform, merchandise, or buyer help in any approach,” Blackbull said.

“We’re taking all needed measures to make sure a easy transition, and our staff is available to deal with any questions or issues you could have. Please be at liberty to contact our buyer help staff for any help.”

ClearBank Onboards New Chief Product Officer

London-based Clearbank introduced the appointment of Spiros Theodossiou as Chief Product Officer (CPO). He brings over 20 years of expertise to the position.

Spiros Theodossiou, CPO at Clearbank

He joined ClearBank from DEXT, the place he was additionally the CPO. Earlier than that, he was the SVP of Product Administration at WorldPay and likewise labored at PayPal, Skrill, and Vouchercodes.com.

“The expansion alternatives, each within the UK and as ClearBank expands internationally, are phenomenal and I sit up for being part of the financial institution’s journey, working carefully with our purchasers to grasp their wants, drive product innovation and assist take our imaginative and prescient to new markets,” Theodossiou talked about.

CAT Monetary Merchandise Selects Broadridge

CAT Monetary Merchandise, a Swiss supplier of securities and funding providers, has applied Broadridge’s world multi-asset post-trade processing resolution.

“We’re strategically positioned to realize new momentum by way of the event of structured merchandise, AMCs and exchange-traded merchandise, all delivered by way of an enhanced and differentiated shopper service providing,” mentioned Stephan Giselbrecht, the COO at CATFP.

Danny Inexperienced, the Head of Worldwide Submit-Commerce Options at Broadridge said: “They will depend upon our unwavering dedication to drive effectivity by way of the best ranges of straight-through processing and API-enabled providers that scale back danger and supply the pliability and capability for future progress, whereas optimising value/revenue ratios.”

Supply hyperlink

Related Posts

You have not selected any currency to display