Why FX derivative mis-selling disputes rarely go public – Euromoney magazine

Photo: iStock Photo: iStock The Financial Times and Bloomberg reported at the end of June that Deutsche Bank had made a payment of more than €10 million to J García Carrión for losses sustained over a period of six years. Euromoney understands that the Spanish firm has also made claims of mis-selling against two other […]

Crypto exchange Binance to wind down derivatives in Europe – Reuters

Biance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration/File Photo LONDON, July 30 (Reuters) – Major cryptocurrency exchange Binance said on Friday it would wind down its futures and derivatives products offerings across Europe, a move that comes after unprecedented pressure from regulators. Binance users in Germany, Italy […]

Binance winds down derivatives offerings in three European countries – The Block Crypto

Quick Take Binance will no longer offer crypto derivatives trading to users in three European countries: Germany, Italy, and the Netherlands. Binance has plans to shut its crypto derivatives products offerings across the European region in the future. Crypto exchange Binance announced Friday that it will no longer offer crypto futures and options trading to […]

ASX Launches Compression Service for OTC Derivatives – Regulation Asia

In recent years, demand for compression services has risen as market participants look to lower capital costs associated with balance sheet-intensive derivatives. ASX has adopted TriOptima’s triReduce compression service for cleared OTC derivatives to allow local and regional banks to better manage capital, risk and operational costs. TriOptima, part of CME Group, provides post-trade risk […]