Tag Archives: nasdaq

Photo: ShutterstockPer a recent announcement, blockchain and cryptography data and research company Brave New Coin (BNC) has said that its cryptocurrency indices will now be applied by crypto trading service INX, as it prepares to launch its first fully approved security token sale. INX is focused on making sure that its offerings and practices are strict and as transparent as possible, a decision that has pointed the digital asset trading service in the BNC direction.According to BNC, INX...

It’s already widely known that the multinational tech company Apple Inc. (AAPL) has again joined the trillion-dollar society hitting the trillion-dollar market cap mark for the fourth time.At the time of writing, Apple stock was trading premarket 1.73% higher to $240.51, the highest in history. Apple’s market cap started the week at $1.09 trillion.There are some analysts who think shares might jump even more – to be precise 20 percent more during this year because of the strong iPhone 11...

Photo: ShutterstockThe role of a digital asset trading platform has advanced well beyond a forum to arrange trades between buyers and sellers.This expanded role carries with it an evolving set of expectations from speculative traders and investors. It becomes imperative for them to understand the multi-faceted role of a trading platform, and different aspects of cooperation between digital asset projects, the platform, and supporting agencies referred to as Liquidity Specialists or...

The future seems brighter for the NASDAQ platform with the listing of Cryptoindex’s CIX100 index. Cryptoindex is one of the performing indexes for investors in the cryptocurrency ecosystem.This news is encouraging for the crypto market at large. Openings with such scale, particularly those of neuro-based projects, confirm that classical exchange networks are more than ready for innovation and reflect a massive acceptance that’s looming. Initially, the CIX100 Index was listed on TradingView,...

Photo: Vanguard / TwitterMutual funds giant Vanguard Group is working with blockchain startup Symbiont, backed by Nasdaq Ventures, to create a blockchain-based trading platform for asset managers to trade currencies in the $6 trillion currency market.This step by Vanguard would be a major disruption in the currency market which is currently dominated by banking giants JPMorgan and Citi Group. By leveraging the blockchain-powered peer-to-peer trading for investors, Vanguard plans to allow...

The World Federation of Exchange (WFE), which is made up of the globe’s giant stock exchanges such as Deutsche Boerse, the London Stock Exchange, Korea Exchange, CME Group, and Nasdaq, has requested the Financial Conduct Authority (FCA) of the United Kingdom not to illegalize crypto derivatives for retail users.The WFE made the official announcement in reply to the financial regulator’s consultation document on potentially restricting crypto derivatives like Bitcoin futures as well as...

The U.S. and China are all set to engage in discussion this Thursday, October 10, over the year-long trade dispute between the economic giants. The world is observing these events closely as they will set the tone for the future global economic scenario.While the Trump administration has set some demands and policy changes, China has shown a strong reluctance to it. According to the latest Bloomberg report, China has narrowed down the scope for the upcoming discussions. Beijing officials have...

Nasdaq has officially begun taking deliberate steps to stifle as much as possible, initial public offerings (IPOs) of small Chinese companies going public in the U.S. The index, according to a Reuters report, is doing this by slapping several restrictions on these firms and frustrating their efforts for approval. Supposedly, the Nasdaq index is doing this because the majority of these firms usually end up raising most of their initial capital from Chinese backers, rather than investors in the...

Photo: Crypto Compliance SummitSolidus Labs‘ one-day event, taking place at Hogan Lovells, Madison Avenue on Thursday, will culminate in a talk by reigning SEC Commissioner Hester M. Peirce.Also speaking at the event, which includes a series of panel discussions, will be Coinbase Chief Compliance Officer Jeff Horowitz and representatives from Circle, CryptoCompare, and David Weild IV, former Vice-Chairman of NASDAQ.Not Your Usual CommissionerCryptocurrency regulators aren’t often spoken of...

Online dentistry company SmileDirectClub shares fell by huge 28% yesterday and it was pretty much the worst market debut for one unicorn start-up so far this year.The company’s shares closed at $16.67 after they have opened at $20.55. SmileDirectClub classifies as the fifth-worst debut of the 109 companies that went public this year. Just for comparison, shares of Uber, another unicorn or start-up valued at $1 billion or more went down by 7.6% on that stock’s first day on the public...