Anyone with a pulse and the money to cover legal fees can issue a cryptocurrency.
Once the cryptocurrency is created, however, brokers are needed to sell and make a market for it. Given cryptocurrencies are an unregulated market, then there are few concerns over how much commission is paid to the broker. The bigger the commission, the greater incentive for the broker to sell and in an unregulated market any type of behaviour goes.
MineHub Technologies, Inc. ("MineHub") and IBM (NYSE: IBM) today announced a collaboration to use blockchain technology to help improve operational efficiencies, logistics and financing and reduce costs in the high-value mineral concentrates supply chain -- from mine to end buyer.
Bloomberg announces today that its affiliate, Bloomberg Trading Facility B.V., has received authorisation from the Netherlands Authority for the Financial Markets (AFM) to operate a Multilateral Trading Facility (MTF).
Banker’s Toolbox, which acquired MainStreet Technologies (MST) and Sageworks in 2018, announced today that it is now Abrigo.
The rebrand marks the next step in the high-growth company’s continued journey of becoming the technology platform partner of choice for America’s community financial institutions.
Gemalto (Euronext NL0000400653 - GTO), the world leader in digital security, and the Société de l'assurance automobile du Québec (SAAQ) have been chosen to produce secure and innovative health insurance cards for the Régie de l'assurance maladie du Québec (RAMQ). RAMQ delivers 2.3 million healthcare cards to citizens, and the SAAQ provides 1.7 million driver's license and identity cards through production with Gemalto.
Optimizing government services across industries
Solactive is pleased to announce the launch of the Solactive Global Gold Giants Index, which will be used as the underlying of Harvest Portfolios Group Inc.’sHarvest Global Gold Giants Index ETF (TSX: HGGG). The Index intends to track the price movements of the 20 largest gold mining companies by company market capitalization listed on a regulated stock exchange in North America, Australia or in certain European countries.
LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced that 2018 was a record year across multiple sales and client growth metrics tracked by the firm. This rapid growth was fueled by a continued rise in demand for its industry-leading POEMS (portfolio, order and execution management system) platform, which provides significant cost, management and functionality benefits versus the legacy platforms many investment managers currently employ.
Three of the key highlights from the year were as follows:
The content, guidelines and recommendations in the government’s recently introduced Code of Practice are excellent. It addresses the most fundamental cyber security practices in order of criticality and importance. But the scheme doesn’t prohibit non-compliance. We should take inspiration from countries such as the US and Thailand in seeking to make these requirements legally enforceable.
Expert estimates vary in total quantity, but agree we’re now seeing sharp, hockey-stick growth in the number of connected devices. A lack of diligence and care now will lead to trouble later.
European stock markets continue facing pressures on the U.S. government shutdown and China’s economic outlook related wariness.
