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Better read on secondaries would help syndicates price bonds
The untested youth of the blockchain market, as well as the lack of a regulatory framework, could put off widespread adoption
Supporters claim smart derivative contracts remove need for central counterparties
◆ Premium paid ◆ More market-makers required ◆ Buy-and-hold investors prevent scalability
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Trading in Bakkt bitcoin futures reached a new record high this week, pointing to firming institutional demand for the physically-settled contracts.
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Bart Schmeetz is to become ING’s global head of financial markets, replacing Percy Rueber, who is leading efforts to build a trading platform at the Dutch bank.
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The European Commission has selected a group of 28 financiers and other specialists for a high-level forum on the capital markets union, among them a handful of senior bankers. It will have three sub-groups, focusing in particular on SMEs, fintech and retail investors.
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Deutsche Börse-owned financial intelligence provider Qontigo has appointed Stephan Flägel as global head of its indices and benchmarks.
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Fabianna Del Canto, who recently left Barclays, has joined agora, the capital markets fintech founded by fellow Barclays veteran Charlie Berman.
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CME Group on Tuesday announced that it will launch options on its bitcoin futures contracts from January 13.