Shanny Basar
Senior writer
Latest From Shanny Basar
CoinShares Builds Global Franchise in US ETF Market
Jean-Marie Mognetti, chief executive of CoinShares, said the European digital fund manager aims to have as many assets under management in the US as in Europe within three years after completing its acquisition of the Valkyrie exchange-traded fund...
Read moreBanks Invest in United Fintech as Digital Transformation Gap Widens
BNP Paribas and Citi have become the first institutional investors in digital transformation platform United Fintech, as a study found that a divide is growing between leaders and non-leaders in transforming their technology. United Fintech acqui...
Read moreSpot Bitcoin ETFs Impact CME Crypto Derivatives Trading
Average daily volume of CME Group's suite of cryptocurrency contracts have surged to a record since the launch of spot bitcoin exchange-traded funds in the US, as the new ETFs have also affected derivatives trading patterns. The US Securities and...
Read moreSwiss Digital Bonds Settled with Wholesale CBDC
Two Swiss digital bonds have settled on blockchain-based SIX Digital Exchange (SDX) using a wholesale central bank digital currency from the Swiss National Bank, which is expected to boost institutional interest. The City of Lugano and the City o...
Read moreSEC’s Enhanced Execution Disclosures Welcomed
The industry has broadly welcomed the enhancements that the US Securities and Exchange Commission has made to Rule 605, which covers disclosures around the execution of orders. Asset manager Fidelity said it was pleased that the changes to Rule 6...
Read more‘Era of Impunity’ for Sexual Harassment Must End
The Treasury Committee of the UK House of Commons published a report on Sexism in the City on International Women’s Day, or 8 March 2024. The Committee previously published a report in 2018 highlighting the underrepresentation of women in senior...
Read moreT+1 is Biggest Regulatory Headache for 2024
The implementation of faster settlement times in the US is their biggest regulatory headache this year according to participants at the FIX EMEA conference. The majority, 52%, of attendees who took part in a poll at the conference in London on 7 ...
Read moreUK Proposes Framework for Private Securities Venue
The UK government said in its budget on 6 March that the UK’s capital markets play a key role in the economy, allocating capital and facilitating investment for growth and job creation.: "The government is already implementing reforms to boost th...
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