Day: June 20, 2019
Asian stock markets rallied on Thursday while the dollar dropped and global bond yields plunged, with the 10-year U.S. yield falling below two percent, after the Federal Reserve signaled possible interest rate cuts later this year. Asian Stock Markets MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.92%, led by gains in China. Tokyo’s […]
The UK entity of the Bank of China has joined LCH’s SwapClear as a new member. Bank of China is the first clearing member from a Chinese banking group to join the interest rate clearing house. The Bank now has access to clearing of interest rate derivatives, and will also act as a clearing broker […]
METACO, AlgoTrader and Cysec (formerly ArcaTrust) have entered into a strategic partnership to offer a comprehensive, all Swiss-made crypto asset management ecosystem for financial institutions to manage the entire life-cycle of their crypto assets: from secure storage and management to automated trading and execution. The announcement comes at a time of rapidly increasing institutional interest […]
Ripple partners with MoneyGram International Inc after blochain-technology company Ripple purhased a stake and entered a partnership for international money transfers. Ripple invested $30 million in shares and warrants at $4.10 a share and has an option to buy $20 million in additional shares or warrants at the same minimum price, according to a statement on […]
