Alternative trading system

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Former Anglo American CEO Mark Cutifani Joins Diamond Standard Advisory Board

Retrieved on: 
Tuesday, February 27, 2024

NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co., developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.

Key Points: 
  • Anglo American is parent of De Beers, the leading diamond miner
    NEW YORK, Feb. 27, 2024 /PRNewswire/ -- Diamond Standard Co. , developer of the world's only regulated and market traded natural diamond commodities, today announced that Mark Cutifani CBE, an influential mining executive, has joined the company's board of advisors.
  • As CEO from 2013 to 2022, Cutifani is credited with transforming Anglo American , one of the world's largest mining companies, where he delivered a fivefold increase in stock price.
  • Mr. Cutifani was formerly CEO of AngloGold Ashanti , a $7 billion market cap mining company producing gold, silver and uranium.
  • Diamond Standard has agreed to develop futures on MGEX via CME Globex and options on MIAX , and previously filed an ETF .

Tassets Transforms into Zoniqx: Pioneering the Future of Asset Tokenization with a Bold New Identity

Retrieved on: 
Thursday, February 22, 2024

This rebranding signifies a pivotal moment in the company's journey and underscores its dedication to transforming the asset tokenization landscape.

Key Points: 
  • This rebranding signifies a pivotal moment in the company's journey and underscores its dedication to transforming the asset tokenization landscape.
  • The conceptual groundwork for Zoniqx was laid in 2017, marking the beginning of a journey toward significant growth and innovation in the real-world asset tokenization sector.
  • The company has successfully built a platform with real use case validation, distinguishing itself in the market by tokenizing a diverse array of assets.
  • In this rapidly expanding market, Zoniqx will remain committed to making tokenization accessible through low code/no code technology and lead the way in enterprise-level asset tokenization.

BestEx Research Launches IS Zero, Reinventing VWAP Algorithms for Low-Urgency Trading

Retrieved on: 
Wednesday, January 24, 2024

STAMFORD, Conn., Jan. 24, 2024 /PRNewswire/ -- BestEx Research Group LLC, a pioneer in high-performance algorithmic trading solutions, proudly announces the launch of IS Zero.

Key Points: 
  • STAMFORD, Conn., Jan. 24, 2024 /PRNewswire/ -- BestEx Research Group LLC, a pioneer in high-performance algorithmic trading solutions, proudly announces the launch of IS Zero.
  • For decades, low-urgency orders have predominantly relied on VWAP algorithms for execution, which are tailored to track the market's average price rather than minimize IS.
  • This announcement follows the launch of the Adaptive Optimal framework last year, which empowers BestEx Research and its customers to build tailored liquidity-seeking algorithms.
  • BestEx Research customers are empowered to run A/B tests comparing IS Zero to VWAP with Strategy Studio, part of its award-winning Algorithm Management System (AMS).

Avrio Announces its Digital Financial Market Infrastructure for business is now available in the Abu Dhabi Global Markets Financial Services Regulatory Authority Digital Lab

Retrieved on: 
Tuesday, December 5, 2023

NEW YORK and LONDON and ABU DHABI, United Arab Emirates, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Avrio has announced that its Digital Financial Market Infrastructure (DFMI) is now available in the Abu Dhabi Global Markets Financial Services Regulatory Authority Digital Lab (Lab), delivering a suite of technology for banks, fintech companies, and businesses to access, build, and pilot their fintech solutions across public, private, and digital markets.

Key Points: 
  • NEW YORK and LONDON and ABU DHABI, United Arab Emirates, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Avrio has announced that its Digital Financial Market Infrastructure (DFMI) is now available in the Abu Dhabi Global Markets Financial Services Regulatory Authority Digital Lab (Lab), delivering a suite of technology for banks, fintech companies, and businesses to access, build, and pilot their fintech solutions across public, private, and digital markets.
  • Avrio is the parent company of Arkonis, the operator of a broker dealer and Alternative Trading System (ATS) in the United States.
  • The Lab will also use the Avrio technology to operate a digital market for non- fungible tokens (NFTs), securities, and collectibles outside the United States.
  • Avrio’s ATS technology is designed to be used by the operators of private markets that facilitate the issuance and secondary trading of securities.

dxFeed and Blue Ocean Technologies Forge Partnership to Pave the Way for 24/5 Data Feed for US Stocks

Retrieved on: 
Thursday, September 28, 2023

This partnership offers dxFeed clients licensed and indicative license-free access to after-hours market data, unveiling the round-the-clock trading capability for US equities.

Key Points: 
  • This partnership offers dxFeed clients licensed and indicative license-free access to after-hours market data, unveiling the round-the-clock trading capability for US equities.
  • Commenting on the partnership, Dmitrii Parilov, Managing Director at dxFeed, said, "We are thrilled to partner with Blue Ocean to create this innovative 24/5 data feed for US Stocks.
  • John Willock, Head of Strategy of Blue Ocean Technologies added, "Blue Ocean is proud to be at the forefront of this transformative initiative, extending trading hours and increasing transparency.
  • We believe this partnership with dxFeed will have a far-reaching impact on how market participants access and utilize US equities data."

Realized® Partners with Founders Financial to Leverage Commercial Real Estate Investment to Transform Retirement

Retrieved on: 
Tuesday, September 19, 2023

Realized®, a leading provider of Investment Property Wealth Management®, announced a strategic partnership today with Founders Financial, a privately-owned RIA and independent broker-dealer built by and for independent financial advisors.

Key Points: 
  • Realized®, a leading provider of Investment Property Wealth Management®, announced a strategic partnership today with Founders Financial, a privately-owned RIA and independent broker-dealer built by and for independent financial advisors.
  • This new collaborative relationship will empower Founders’ Member Partners to leverage the Realized wealthtech platform to bring tax-deferred, diversified, passive portfolios of professionally managed commercial real estate to their clients.
  • “As a relationship-driven organization, we seek partners that align with our cultural values and enhance our ability to positively impact our community and the relationships they serve,” said Brad Shepherd, Chief Executive Officer of Founders Financial.
  • With Realized, Founders seeks to empower Member Partners by helping them diversify their portfolios with commercial real estate investments.

Dynacor Receives TSX Approval to Renew Normal Course Issuer Bid

Retrieved on: 
Wednesday, May 3, 2023

Group Dynacor Inc. (TSX: DNG) (“Dynacor” or the “Corporation”) is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Corporation's request to renew a normal course issuer bid (NCIB) program, through which Dynacor may purchase, for cancellation, up to 3,490,716 common shares or approximately 10% of the public float (34,907,163 common shares as of April 26,2023).

Key Points: 
  • Group Dynacor Inc. (TSX: DNG) (“Dynacor” or the “Corporation”) is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Corporation's request to renew a normal course issuer bid (NCIB) program, through which Dynacor may purchase, for cancellation, up to 3,490,716 common shares or approximately 10% of the public float (34,907,163 common shares as of April 26,2023).
  • Dynacor is in a financially strong position to continue to return a portion of its cash to its shareholders through the NCIB.
  • The average daily volume for this period was calculated in accordance with the rules of the TSX and is equal to 22,878 common shares.
  • Under the previously approved NCIB, which commenced on May 5, 2022, and terminates on May 4, 2023, Dynacor could repurchase up to 3,082,382 common shares.

Greenbriar Through INX Will Be the First Public Company to Digitize Certain Existing Registered Common Shares into Equivalent Digital Tokens

Retrieved on: 
Monday, April 3, 2023

Ground-Breaking Collaboration with The INX Digital Company, Inc., Enables Certain Existing Greenbriar Common Shareholders the Option to Digitize Shares and List for Trading on the INX.One Platform for Digital Assets

Key Points: 
  • Digitization or Tokenization is not available to Canadian residents because INX is not a registered broker-dealer in Canada.
  • "We are thrilled to be taking these essential steps to be the first public company in North America to have certain registered common shares alternatively listed as digital shares on the INX.One security token platform," said Jeff Ciachurski, CEO of Greenbriar Capital.
  • All security tokens digitized from registered common shares will have full voting and dividend rights."
  • The INX transfer agent ("INXT") will mint security tokens one to one based on the number of "registered common shares" that a Greenbriar shareholder deposits in the escrow account.

Netcapital Announces Alternative Trading System (ATS) Partnership with Templum Markets LLC

Retrieved on: 
Friday, January 6, 2023

Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced a new partnership between Netcapital Systems LLC, a Utah limited liability company and wholly owned subsidiary of the Company, and Templum Markets LLC, operator of an Alternative Trading Systems (ATS) with approval in 53 U.S. States and Territories for the trading of unregistered or private securities.

Key Points: 
  • Netcapital Inc. (Nasdaq: NCPL, NCPLW) (the “Company”), a digital private capital markets ecosystem, today announced a new partnership between Netcapital Systems LLC, a Utah limited liability company and wholly owned subsidiary of the Company, and Templum Markets LLC, operator of an Alternative Trading Systems (ATS) with approval in 53 U.S. States and Territories for the trading of unregistered or private securities.
  • Martin Kay, CEO of Netcapital Inc., commented, “We are excited to announce this partnership which we believe will bring numerous extended benefits to our funding portal investors and issuers.
  • With direct access to Templum Markets’ ATS, Netcapital plans to offer investors who purchase stock through the Netcapital funding portal the ability to unlock liquidity through a structured, regulated alternative trading venue.
  • “Our ATS enables investors to trade private securities through our integrated patent pending market technologies and robust regulatory approval set for secondary trading.”