CME puts safeguards on its bitcoin futures

November 29, 2017 01:40 PM
Exchange Shorts

LSE CEO, Xavier Rolet, has agreed to step down with immediate effect. The BoD asked David Warren, CFO, to assume the additional role of Interim CEO until a successor is appointed. Donald Brydon will not stand for re-election at the annual general meeting of LSE in 2019, as he and the Board believe that at that point it would be in shareholders' interests to have a new team at the helm to steer the future progress of the Company.

CME put safeguards such as higher margin levels and limits on positions and prices in place to curb risks on the bitcoin futures it plans to offer.

LSE: ELITE, IMMC and FIEMG sign collaboration agreement to launch business support and capital raising program in Brazil.

HKEX opened office in Singapore, its first overseas office.

SGX plans to make changes in the clearing and settlement of securities in the Singapore stock market, aiming to reduce systemic risks and align the clearing and settlement processes of the Singapore market with global practices.

Bucharest SE (BVB) appointed Adrian Tanase as its new ceo. Tanase administered the pensions funds of NN and ING in the last nine years.

NSE: IDBI Bank plans to sell 1.5% stake in NSE.

Nigerian SE urged newly inducted stockbrokers to contribute to the development of the Nigerian capital market by operating in line with extant rules and international best practices.

Amman Stock Exchange (ASE) and Sustainability Excellence signed an MoU to promote sustainability in the Jordanian capital market and among the listed companies.

EuroCCP CEO Diana Chan, will step down in July 2018 to become a senior advisor for the clearing house. The search for its new CEO has already begun.
 

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at mariano@erdesk.com.