Davis Polk Welcomes Derivatives Counsel Caitlin Wood in New York – Business Wire

NEW YORK–(BUSINESS WIRE)–Davis Polk today announced that Caitlin Wood has rejoined the firm as counsel in the Derivatives & Structured Products practice in New York. “With significant experience across the spectrum of complex equity derivatives transactions, Caitlin is a terrific addition to our elite derivatives team,” said Neil Barr, Davis Polk’s Managing Partner. “We are […]

Town’s former finance officer reportedly embezzled $11,216 – Laurinburg Exchange

RALEIGH — According to a report from the Office of the State Auditor, a former finance officer for the town of East Laurinburg illegally siphoned more than $11,200 from the town’s bank account during her employment between December 2016 and March 2018. East Laurinburg has found itself in the news over the past year because […]

Cboe Acquires ErisX in Return to Crypto Derivatives Market – CoinDesk

Cboe is creating a digital advisory committee to work with Cboe Digital on continuing development of the different spot and derivatives markets. Fidelity Digital Assets, Galaxy Digital, Interactive Brokers, Paxos, Robinhood, NYDIG, Virtu Financial, DRW and Webull are joining, and some of these companies will take minority stakes in Cboe Digital.

MRAC Subcommittee Recommends LIBOR Switch To SOFR For – Mondaq News Alerts

United States: MRAC Subcommittee Recommends LIBOR Switch To SOFR For “Non-Linear” Derivatives 20 October 2021 Cadwalader, Wickersham & Taft LLP To print this article, all you need is to be registered or login on Mondaq.com. The Interest Rate Benchmark Reform Subcommittee (“Subcommittee”) of the CFTC Market Risk Advisory Committee (“MRAC”) recommended that interdealer brokers switch trading conventions […]

M1 Finance Review: A Hybrid Robo-Advisor Platform – Forbes

M1 Finance offers a cash management account and a lending feature that competes favorably with banking services offered by other robo-advisor and online brokerage platforms. M1 Borrow M1 Borrow is a lending service that uses your existing account balance as collateral for loans. The service is available to users with account balances of $5,000 or […]

Umbrella Network launches arbitrage-free pricing model for crypto derivatives – Invezz

Decentralized Layer-2 oracle solution Umbrella Network has introduced an arbitrage-free pricing model for crypto derivatives, Invezz learned from a press release. The new service aims to provide users with more comprehensive real-time pricing datasets by bringing arbitrage free information for option pricing to the crypto ecosystem. Pricing available for ETH and BSC ecosystems At the […]

FlexNOW Empowers Coronation for Global Equity and Derivatives Trading – Business Wire

LONDON–(BUSINESS WIRE)–FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, today announced Cape Town-based investment firm, Coronation, has adopted FlexNOW EMS as a flexible and cost-efficient platform to support its current and future workflow requirements. FlexNOW, FlexTrade’s one-click install EMS, has been integrated within Coronation’s existing systems architecture remotely, with no […]

Derivatives Advisor Opens Office in Zurich – finews.com

A structured products specialist is expanding in Switzerland. It is hiring an ex-Credit Suisse banker to head its new Zurich office.  Atlantic Financial Group, which advises professional investors on structured products, is opening an office in  Zurich in addition to its Geneva location, according to an emailed statement.  The financial services company is hiring Fabio Sileno to head business […]