The Bond Exchange of South Africa (Besa), through a joint venture with Market Tech, will roll out Africa’s first online binary options exchange, Justrade.com. The platform is the brainchild of co-founders and directors of Market Tech, Rory Mackay and Michael Franze. The concept of binary options exchanges, although new to domestic markets, is well established internationally, particularly in the US and the UK. Mackay said: “In 2007, the Options Clearing Corporation proposed a rule to allow trade in binary options. In 2008, several exchanges began to adopt binary options, including the Chicago Board Options Exchange (CBOT) and American Stock Exchange. So, while binary options are relatively new, their potential has been noticed and embraced by some of the biggest names in the exchange business.”
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more