Bankman-Fried ‘100%’ supports knowledge tests for retail derivatives traders – Cointelegraph
The founder and CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, has backed the idea of knowledge tests and disclosures to protect retail investors but said it shouldn’t just be crypto-specific. Bankman-Fried tweeted his thoughts in response to an idea floated by the United States Commodities Future Trading Commission (CFTC) commissioner Christy Goldsmith Romero on Oct. […]
Mark-to-market losses from LDI derivatives could total $167 bln- JPMorgan analysts – Reuters.com
LONDON, Oct 13 (Reuters) – Mark-to-market losses on derivative positions linked to liability-driven investment (LDI) – the strategy at the heart of Britain’s pension fund crisis – could total between 125 and 150 billion pounds ($167.40 billion) since early August, JPMorgan analysts said on Thursday. Pension funds have been scrambling to sell assets to raise […]
Open finance startup Ayoconnect’s APIs enable financial inclusion in Southeast Asia – TechCrunch
Focused on Southeast Asia, Ayoconnect’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. It is also licensed by Indonesia’s central bank, enabling it to offer more services. The open finance startup announced today it has closed a $13 million Series B extension round […]
Bob From Accounting Saves The Day – The Finance Office And ESG – Forbes
A typical accountant or a superhero? Dreamstime Finance and accounting professionals may not be the most exciting people. Indeed, the clichéd Bob from Accounting is known to be a dry, bland character who crunches numbers all day and has no life. He has no cape and does not appear to have a superpower, other than […]
The risks from derivatives have morphed – Financial Times
The writer is a former banker and author of “Traders, Guns and Money” and “A Banquet of Consequences Reloaded” In recent financial crises, derivatives have amplified and propagated losses in markets. They are now posing risks again but there has been a shift in the underlying nature of them. Vulnerabilities in the financial system have […]
The Most Powerful Women in Finance 2022 – American Banker
While this year marks the 20th anniversary of the Most Powerful Women in Banking, a separate finance list didn’t appear until 2008. At the time, the list was called “The Top 24 Nonbank Women in Finance.” At the top of the list that year was Nicole Arnaboldi, vice chair of alternative investments at Credit Suisse. […]
ICE appoints Caterina Caramaschi to oversee interest rates and equity derivatives – FinanceFeeds
“As the head of a product set covering some of the biggest interest rate and equity derivative benchmarks, at a time when investor’s priorities are firmly focused on interest rate changes and the outlook for global economies, Caterina’s two decades of financial market experience, and the relationships cultivated during that, will be invaluable in developing […]
Nonprofit aims to disrupt traditional finance – MSR News Online – MSR News Online
CFTC Charges Digitex Founder Adam Todd With Running Illegal Crypto Derivatives Trading Platform – CoinDesk
According to a complaint filed in the Southern District of Florida on Friday, Todd is accused of using various corporate entities – including Digitex LLC, Digitex Ltd., Digitex Software Ltd. and Blockster Holdings Ltd. Corp., – to run an illegal crypto derivatives trading platform.
What Is Derivatives Trading? – The Southern Maryland Chronicle
If you’re like most people, the word “derivatives” probably doesn’t mean much to you. But if you’re interested in investing or want to be a more informed citizen, it’s important to understand this term. Derivatives trading is a way of making money by betting on the future value of assets. It can be very risky, […]
