Why Institutional P2P FX May Finally Take Off
The FX market has seen a number of peer-to-peer initiatives fall by the wayside over the years. For example, in October 2019 Bloomberg reported that Vanguard was testing peer-to-peer FX via blockchain in an effort to enable asset managers to trade currencies more easily. However, the latest update on this project (when State Street, Vanguard […]
Binance Introduces Off-Exchange Settlement to Institutional Investors
Binance Custody, the institutional digital asset custody arm of leading cryptocurrency exchange, Binance, officially launched Binance Mirror, its off-exchange crypto settlement solution, on Monday. The new service provides Binance’s institutional investors with access to the crypto exchange’s trading and investment products while their collaterals are kept in the company’s cold storage. Binance Custody also noted […]
FXCM Pro Elevates Jemal Shenolov to Institutional Sales VP
FXCM Pro, the institutional division of the broader FXCM Group, has promoted Jemal Shenolov as the Vice President of Institutional Sales, which became effective earlier this month. According to his Linkedin profile, Shenolov has been a part of FXCM Pro for more than four years. He joined the Bulgaria-based offices of the company in October […]