Extra! Extra! XLC is the new ETF that ties telecom and media constituents into one exchange-traded fund! For those with a view towards latest and greatest ETF products, eyes and ears are on the Communications Services Select SPDR Fund (NYSEARCA: XLC) — "it tracks the Communication Services Select Sector Index and “seeks…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
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
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
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
Latest Chinese Fintech FOF Completes Raise of 10-billion-yuan (US $1.8b) as Asia fintech funding continues to eclipse North America and EU allocation to financial technology initiatives.. (Econotimes.com) 28 December 2016- In a move to advance China as a financial and technology hub, Asia FinTech FOF, a foundation that aims to…Read More
Identifying the top fintech financiers is no easy task these days. It seems like only yesterday when MarketsMuse curators were among the first to advance the phrase "fintech" in the course of profiling startups seeking to disrupt the financial services sect, many of which have been led by sell-side veterans who…Read More
Nobody can accuse veteran government bond market broker and fintech poster boy David Rutter of being single-minded. The former Prebon Yamane exec, who later migrated to inter-dealer broker ICAP where he became of head of electronic trading, then did a stint as CEO of fixed income and FX platform BrokerTec,…Read More
FinTech Fever is spreading across the globe, as government-sponsored and regional private equity investments in financial technology startups and fast-growing initiatives is becoming the cool kid place-to-be. MarketsMuse fintech curators profile a crisp selection of this week's latest stories out of London, Abu Dhabi, Jakarta, India and Russia.. Abu Dhabi…Read More
The FinTech Sector is red hot now in Japan as Land of Rising Sun Banks now looking to pour hundreds of millions of dollars into fintech start-ups after the abolition of a law that prevented them from owning more than 5 per cent of a technology company. (FT) 25 September…Read More
(Bloomberg)-In what merger-arbitrage experts might call a 'take-under', Nasdaq Inc. is paying less than half the price for what ISE traded for in its last price setting after it agreed to buy Deutsche Boerse AG’s International Securities Exchange for $1.1 billion, catapulting it to the top of the U.S. options…Read More
Institutional Investor Magazine has recently announced the world's top 35 FinTech Bankers, and... As astutely noted by Institutional Investor Magazine’s Senior Editor Jeffrey Kutler, “The origin of the term “fintech” is difficult to pinpoint; only very recently has it become an accepted label for one of the hottest segments of…Read More
MarketsMuse fintech update is a "bid on" to prior Wall Street bitcoin initiative coverage, and following is courtesy of excerpt from 4 Aug story by Bloomberg LP reporter Andrew Leising, " Wall Street, Meet Block 368396, the Future of Finance." [caption id="attachment_3847" align="alignleft" width="180"] Justin Brownhill, SenaHill[/caption] When Justin Brownhill…Read More
Tech Talk: Bitcoin's Distributed Ledgers: A FinTech Innovation.. MarketsMuse Trading Technology/FinTech department profiles Wall Street’s rapid embracement of the tools that power Bitcoin with a look at Symbiont, a company that aspires to disrupt the capital markets process. Distributed ledgers, the technology behind the Bitcoin blockchain, can be used to…Read More
#WhatsNext? wonders the MarketsMuse.com editors and Overstock's Patrick Byrne does not fail to surprise with another announcement that could disrupt the capital markets. As a follow-on to a $500mil stock offering reported here on April 29, now Byrne is pitching an offering that he hopes to be the first issuance…Read More
MarketsMuse Tech Talk update profiling Wall Street’s latest embracing of Bitcoin technology and a look at 11 May announcement from NASDAQ is courtesy of extracts from CNN.com and WSJ. The Nasdaq stock exchange is tapping Bitcoin’s powerful new transaction technology to create a more secure, efficient system to trade stocks.…Read More
MarketsMuse.com Tech Talk update profiles the latest development regarding Overstock.com’s CEO Patrick Byrne plan for a cryptosecurity trading system "for brokerdealers" only and akin to the array of ECNs and ATS platforms that Fintech aficionados and broker-dealers are already accustomed to. The headline: Overstock looks to issue Bitcoin-style stocks via…Read More