Twelve Major Investors Fund BAKKT’s Future Crypto-currency platform startup Bakkt has completed its first round of funding of $182.5 million “from 12 partners and investors who, like us, believe in the future of digital assets,” says Kelly Loeffler, Bakkt CEO, in a recent blog posting on the company’s website. “The partners and investors in… Read More >>
FCM Opts for Cloud-Based Trade Surveillance
Futures commission merchant (FCM) Rosenthal Collins Group (RCG) has deployed a new trade surveillance system that officials at the independent brokerage and clearing firm say is bringing them the benefits of cloud computing. On Feb.1, 2018, the firm deployed the Validus platform from Eventus Systems, Inc., a regulatory technology software vendor targeting capital markets, officials… Read More >>
RCG Picks a President for Structured Products
Rosenthal Collins Group Hires from RJO Rosenthal Collins Group (RCG), a futures clearing firm, reports the appointment of Hilton T. Sheng to the new position of president, structured products division. Sheng, a futures industry veteran, will operate out of the New York office and will “build on the company’s newly established expertise in structured products,”… Read More >>