News

Patrick Flannery, the founder of MayStreet Inc., has reportedly sued London Stock Exchange Group Plc (LSEG) for fraud and breach of contract.
The lawsuit, which was recently unsealed, alleges that LSEG defrauded MayStreet’s corporate leaders into accepting a deferred-payments deal structure when the financial markets giant acquired the analytics…[Read more]

Brooge Energy Limited, a Cayman Islands-based infrastructure provider specializing in clean petroleum products, biofuels, and crude oil storage, has announced its voluntary delisting from the Nasdaq Capital Market.
The company plans to file a Form 25 (Notification of Removal from Listing) with the SEC and Nasdaq on or about June 9, 2025. This…[Read more]

Here’s why culture risk is particularly hidden and critical in private markets:
1. Characteristics of Private Markets that Heighten Culture Risk:
* Long Lock-in Periods and Illiquidity: Capital invested in private markets (e.g., private equity, venture capital, private credit) is often locked up for many years, sometimes a decade or more. This…[Read more]

Qatar is making significant strides in leveraging tokenization, particularly in the real estate sector, with the aim of driving both economic inclusion and increased liquidity. The Qatar Financial Centre (QFC) is at the forefront of this initiative, focusing on building a robust and regulated framework for the digitization of real-world…[Read more]

Fnality Global Payments (Fnality), a company backed by a consortium of major global banks, has officially joined a Distributed Ledger Technology (DLT)-based Payment-versus-Payment (PvP) FX settlement service. This move is a significant step towards enhancing efficiency, liquidity, and risk reduction in foreign exchange (FX) markets.
Here’s a…[Read more]

The Securities and Exchange Commission of Pakistan (SECP) has recently issued a strong warning to the public against investing in unlicensed online trading platforms, websites, and mobile applications. These platforms are luring investors with promises of unrealistic and high returns on investments in stocks and other financial products, both…[Read more]

Video courtesy of KDPW

Video courtesy of KDPW

Euroclear’s current pivotal role and its strategic ambition within the global securities value chain. Let’s break down what this means:
1. “At the centre of the securities value chain”:
* Integrated Infrastructure: Euroclear is not just a single entity but a network. It comprises:
* Euroclear Bank (ICSD – International Central Securities…[Read more]

Let’s break down the implications and significance of each point:
1. Delivering a digital and data-enabled FMI with an open platform:
* Digitalization and Data-Driven Approach: This is fundamental to modernizing financial market infrastructure (FMI). It implies a shift away from traditional, often manual, processes to highly automated, real-time,…[Read more]

Euroclear is actively pursuing a strategy to transform the securities value chain into an open platform. This initiative is driven by the desire to enhance safety, efficiency, and connectivity within financial markets, ultimately supporting sustainable economic growth.
Here’s a breakdown of Euroclear’s approach and the benefits it aims to…[Read more]

Euronext, the leading pan-European market infrastructure, has successfully launched and priced an offering of senior unsecured bonds due 2032. These bonds, which are convertible into new shares and/or exchangeable for existing shares of Euronext (OCEANEs), have a nominal amount of €425 million.
Here are some key details of the offering:
* M…[Read more]

Euroclear Bank’s treasury division becoming a direct clearing member of LCH RepoClear SA represents a deepening of their existing partnership and brings several key benefits:
Context of the Partnership:
* Long-Standing Collaboration: Euroclear and LCH (specifically RepoClear SA) have had a long-standing collaboration, notably in the development…[Read more]

Video courtesy of Eurex

Video courtesy of Eurex

What is All-to-All Trading?
Traditionally, bond markets, especially corporate bonds, have operated on a “dealer-to-client” (D2C) model. This means that buy-side firms (like asset managers, pension funds, and hedge funds) would typically trade with a limited number of chosen dealers or brokers. Dealers act as intermediaries, holding inventory and…[Read more]

Spotware, the developer behind the popular cTrader trading platform, has recently announced the release of cBroker v9.5, an updated version of its comprehensive back-office solution for brokers. This release, made public around May 22, 2025, introduces several new features designed to enhance operational efficiency, flexibility, and risk…[Read more]

IMF officials are strongly advocating for the broader central clearing of sovereign bonds, emphasizing its crucial role in fostering resilience within core government bond markets. This push comes amidst heightened financial market volatility and a re-evaluation of the global macroeconomic environment.
Why Central Clearing for Sovereign…[Read more]

The Securities and Exchange Board of India (SEBI) has recently issued significant directions regarding the expiry of equity derivatives contracts. These changes aim to streamline the settlement process, enhance investor protection, and improve the stability of India’s financial markets.
Here’s a summary of the key directives:
* Standardization of…[Read more]

Video courtesy of IPO-VID In Patrick’s Opinion

Video courtesy of IPO-VID In Patrick’s Opinion

The convergence of Web2, Wall Street, and the world of tokens, stablecoins, and cryptocurrencies is a defining trend of the current decade. We’re moving beyond a purely speculative crypto market into one where digital assets are integrated into traditional financial systems and everyday online experiences. Here’s how this convergence is…[Read more]