Tom Farley, the former top gun at the NYSE, has long advocated the benefits of raising capital via the construct of Special Purpose Acquisition Company aka "SPAC", aka "Blank Check company." Now he's become the CEO poster boy for SPACs with the formal IPO and NYSE listing of Fintech SPAC…Read More
Securities Token Offering to Displace Initial Token Offering Fad; BOX in JV with digital broker-dealer tZero to Create Securities Token Exchange platform (Redistributed with permission; story from Traders Magazine)-Well, Matilda, the Boston Options Exchange (BOX) is plotting to create the first regulated exchange to list and traffic in securities tokens…Read More
What's Next? CryptoCurrency Bank License; Crypto Cool Kids New Goal: Stay Inside Regulatory Goal Posts Coinbase Inc. and another cryptocurrency firm talked to U.S. regulators about the possibility of obtaining banking licenses, a move that would allow the startups to broaden the types of products they offer. Coinbase, which operates…Read More
Goldman Sachs, the venerable investment bank and trading house, has been called lots of things, including "Squid." But nobody on Wall Street can dispute the fact that $GS is uniquely innovative and perhaps, a firm that can smell the trail of money better than its peers and explains why Goldman is…Read More
Alpha Trading Labs, the Chicagoland fintech "crowd sourcing startup" has thrown the gauntlet down and threatens to democratize the sacred world of HFT wonks, those hoodie-wearing quant jocks who occupy $1mil per yr cubicles at high-frequency trading firms like Virtu, Citadel, Jones Trading, Hudson Trading, and Two Sigma (among others).…Read More
An SEC subpoena is not exactly what any Issuer (or stock promoter) puts on the top of their birthday wish list. And, for crypto cool kids who are either already a member of the ICO Issuers Club, or who have applied to become part of the dapper dapp crowd that…Read More
Asset Management Industry is Notorious for Waste: Its About Blockchain, You Blockheads. NOT Bitcoin, Blockchain Dapps Can Mitigate Risk of “Death By Drop Copy” Any asset manager in today's world who has more than $500 of AUM does not need to be fluent in the language of fintech, blocktech or…Read More
(MarketsMuse fintech and blocktech curators extend our thanks to Prospectus.com LLC for the following contribution)-Bloomberg Intelligence reporter Jonathan Tyce wins the Valentine's Day Award for Very Good Framing courtesy of his latest piece "Blockchain is Coming Everywhere, Ready or Not" --one of a series of articles by Tyce that puts…Read More
JERSEY CITY, N.J., Jan. 17, 2018 /PRNewswire/ -- ETF broker WallachBeth Capital, a leading institutional brokerage firm, has announced the Phase I roll out of its internal proprietary Quote Capture platform. The platform further enhances WallachBeth's commitment to providing institutional clients the highest degree of transparency throughout the ETF execution…Read More
What's Next for exchange-traded-fund land? Blockchain ETFs! Duh?! Aside from the efforts by the Winklevoss Boys and a cadre of others to introduce a Bitcoin ETF, Blockchain companies (now known as 'blocktech' firms) fall into the sweet spot for fintech investors and public companies that are pivoting, re-purposing or adding…Read More
Corporate Bond Market Transparency 4.0 MarketsMuse fixed income fintech curators, who have been on the beat for better than 8 years, were keen to cover this week's inaugrual meeting of FIMSAC. e-Bond trading system founders, fixed income fund managers and fintech aficionados who have long lamented the limited degree of US…Read More
When it comes to corporate monikers, MarketsMuse fintech curators are big fans of catchy names and have made it a New Year's resolution to compile and share a weekly list of firms that earn special recognition within the burgeoning world of blockchain, bitcoin and crypto handles. And, the winner for…Read More
Crypto Hedge Funds Get Their Greenwich On. If the MarketsMuse curators have avoided bidding on and publishing tick-by-tick coverage of "crypto mania" and bitcoin bubblelicious bytes akin to our media industry brethren, its only because we were arguably a pioneer when, starting in 2014, we first started framing the bitcoin and distributed…Read More
Initial Coin Offerings [Finally] Get SEC Attention; The Duck Test 3.0. For those who believe the US SEC is slow to react when reining in and/or reigning over new-fangled investment products, the evidence indicates you are accurate. After all, recent history regarding sub-prime debt sold to unwary investors, Madoff-style investment…Read More
CME Aims to Legitimize Bitcoin Marketplace via..What Else? A Bitcoin Futures Mart!! Any and every credible financial market veteran will argue that any credible financial instrument can only be credible when there is a legitimate marketplace in which buyers and sellers can express their view as to the value of…Read More
If you've been a professional trader for 'more than 15 minutes' (i.e. years, if not decades), you know the equities markets will move lower when (a) complacency prevails, a sense of calm is seemingly endless and equity market indices quietly creep higher and higher or (b), business news front page…Read More
What's Next for Option Markets? A CFTC regulated platform for bitcoin options; NY-based firm gets approval to trade puts and calls on cryptocurrency. For bitcoin aficionados, the road to legitimacy has been pockmarked with obstacles and detractors, including those who have insisted that bitcoins are the currency of money launders,…Read More
In a July 18 NYT op-ed piece "Wall Street Profits by Putting Investors in the Slow Lane" submitted by Jonathan Macey, a professor at Yale Law School and David Swensen, the chief investment officer of Yale University, the spirit debate topic of payment-for-order-flow schemes, aka rebates paid by the various stock exchanges to…Read More
