Mainland China and Hong Kong to Boost Stock Connect with Block Trades
Securities regulators in Mainland China and Hong Kong have approved the inclusion of block trades and manual trades in the Stock Connect, enhancing the cross-border investment platform, improving transaction efficiency, and fostering the development of capital markets in both regions. This move will allow investors to engage in block trades of stocks listed on the Shanghai and Shenzhen Stock Exchanges, further encouraging participation in the A-share market.
Binance Shuts Down Its On-Ramp and Payment Services Features, Including Binance Connect
Regulated trade blockchain branch of the Binance exchange, Binance Connect, is reported to shut down today (August 16). Biswajp tweeted that due to its supplier ceasing credit card payment services, Binance decided to discontinue @Binance_Connect on August 15.
New Zealand Digital Asset Exchange Dasset Announces Bankruptcy Liquidation
Dasset, denying customers access to their funds, has marked the beginning of its bankruptcy liquidation, revealed by a company representative.
Cboe Global Markets Appoints Mandy Xu as Vice President and Head of Derivatives Market Intelligence
Before joining Cboe Global Markets, Mandy Xu served as the Managing Director and Head of Equity Derivative Strategy at Credit Suisse, specializing in index and ETF volatility research. Prior to joining the Swiss-based bank, Xu worked as an adjunct professor at Mercy College, teaching "Introduction to Quantitative Analysis" for the Mercy MBA program. She also worked as a cross-border M&A analyst at the boutique investment bank E.J. McKay in Shanghai.
Trading Technologies Appoints Gavin Miller as EMEA Sales Director for Fixed Income Products
TT, a global provider of trading software, infrastructure, and data solutions, announces the appointment of Gavin Miller as the EMEA Sales Director for Fixed Income Products.
With over 25 years of industry experience in the field of electronic trading on financial markets, Gavin joined the fintech company after serving as Institutional Sales Director at BGC Group (formerly BGC Partners). Gavin also held the position of European Sales Manager at Algomi from January 2019 to January 2021.
Prior to that, Gavin spent more than 20 years at Bloomberg, joining the company in February 1998 as Fixed Income Sales and Account Manager and concluding his tenure in May 2018 as the Global Head of Electronic Trading Sales and Account Management for Global Markets.
Reserve Bank of New Zealand Meeting Minutes: Official Cash Rate (OCR) Needs to Remain at a Loose Level in the Short Term
The August policy meeting minutes of the Reserve Bank of New Zealand (RBNZ) show unanimous agreement among committee members to maintain the Official Cash Rate (OCR) at a tightening level for the foreseeable future.
UK July Consumer Price Index (CPI) Inflation Rate Falls to 6.8%, Meeting Expectations
The Consumer Price Index (CPI) in the UK for the month of July rose by 6.8% year-over-year, meeting the expectations of 6.8%. Compared to the expected -0.5%, the monthly CPI inflation rate in July fell to 0.4%. As a result of the mixed performance in UK CPI inflation data, the GBP/USD currency pair rose back above the 0.2700 level.
FMLS 2023 to be Held in London, Old Billingsgate, from November 20th to 22nd, 2023
Finance Magnates Events provides global B2B multi-asset trading news, research, and high-level conferences and expos for the financial services industry, having hosted FMAS23, FMLS2022, FMLS2021, FMVS2020, and FMLS2019.
