{"id":625126,"date":"2023-04-03T14:49:27","date_gmt":"2023-04-03T19:49:27","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/03\/news-nuggets-3-april-gmos-new-investment-komainu-enhances-custody\/"},"modified":"2023-04-03T14:49:27","modified_gmt":"2023-04-03T19:49:27","slug":"news-nuggets-3-april-gmos-new-investment-komainu-enhances-custody","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/03\/news-nuggets-3-april-gmos-new-investment-komainu-enhances-custody\/","title":{"rendered":"News Nuggets | 3 April: GMO&#8217;s New Investment; Komainu Enhances Custody"},"content":{"rendered":"<div data-v-1702825e>\n<h2 data-v-1702825e>\n<p>Nomura Appoints New Head<br \/>\nof Wealth Management<\/h2>\n<figure data-media-id=\"76f4c949-f503-4c34-9dc8-f86227a6d205\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Rudolf Hitsch\" src=\"https:\/\/images.financemagnates.com\/images\/Rudolf%20Hitsch_id_76f4c949-f503-4c34-9dc8-f86227a6d205_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Rudolf Hitsch<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>Today, <a href=\"https:\/\/www.financemagnates.com\/tag\/nomura\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Nomura<\/a>, a leading Asian investment bank, announced the appointment of Dr<br \/>\nRudolf Hitsch as the Head of North Asia for its International Wealth Management<br \/>\ndivision. In this new position, Dr Hitsch will operate from Hong Kong and<br \/>\noversee client relationship management teams for North Asia within<br \/>\nInternational Wealth Management. He will report directly to Ravi Raju, Nomura&#8217;s<br \/>\nHead of International Wealth Management.<\/p>\n<p data-v-1702825e>&#8220;As we<br \/>\nbuild out our International Wealth Management business and grow our<br \/>\ncapabilities to serve our clients, we are excited to have Rudolf join us to<br \/>\nstrengthen our presence in North Asia. We continue to attract top talent from<br \/>\nthe industry as we make significant investments in people and platforms and<br \/>\nenhance our product and services capabilities while integrating our Global<br \/>\nMarkets and Investment Banking solutions for high-net-worth clients,&#8221; Rajdu<br \/>\nsaid.<\/p>\n<h2 data-v-1702825e>JPX Releases J-Quants API<br \/>\nfor Retail Traders<\/h2>\n<p data-v-1702825e>JPX Market<br \/>\n&#038; Innovation, Inc. (JPXI) fosters a space for data science enthusiasts to<br \/>\nencourage trading through IT and data analysis with the &#8216;J-Quants&#8217;<br \/>\nproject, the Japan Stock Exchange informed on Monday.<\/p>\n<p data-v-1702825e>After<br \/>\ntrialing the J-Quants API (beta) since July 2022, which offered historical<br \/>\nstock prices and financial data, JPXI received favorable responses from<br \/>\nnumerous users. Consequently, the official J-Quants API (paid version) <a href=\"https:\/\/www.jpx.co.jp\/english\/corporate\/news\/news-releases\/6020\/20230403-01.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>was<br \/>\nlaunched<\/a> on 3 April 2023.<\/p>\n<h2 data-v-1702825e>Nicole Carroll Becomes<br \/>\nPaysafe&#8217;s CSO<\/h2>\n<figure data-media-id=\"e18c43de-5aea-479d-a523-fe0855add38a\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Nicole Carroll joins Paysafe\" src=\"https:\/\/images.financemagnates.com\/images\/Nicole%20Carroll%20joins%20Paysafe_id_e18c43de-5aea-479d-a523-fe0855add38a_size260.jpg\" aspect-ratio=\"1.14\" width=\"260\" height=\"227\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Nicole Carroll joins Paysafe<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>Paysafe named<br \/>\nNicole Carroll as its inaugural Chief Strategy and Innovation Officer.<br \/>\nReporting to Paysafe&#8217;s CEO, Bruce Lowthers, Carroll assumes her position today. Carroll<br \/>\nhas a long history of fostering growth and innovation in prominent global<br \/>\ncompanies in the technology, fintech, and payments sectors. <\/p>\n<p data-v-1702825e>Her main<br \/>\nduties at Paysafe will include refining the company&#8217;s corporate vision and<br \/>\nlong-term growth strategy and spearheading product innovation and<br \/>\ncapital expenditure initiatives. Carroll comes to Paysafe from Experian, where<br \/>\nshe served as the Chief Product Officer for the Decision Analytics division. Before Experian, she held a position as a director at Visa, leading the development<br \/>\nof their next-generation global software acceptance.<\/p>\n<h2 data-v-1702825e>Clearstream Enables<br \/>\nConversion, Repatriation for Non-Residents<\/h2>\n<p data-v-1702825e><a href=\"https:\/\/www.financemagnates.com\/tag\/clearstream\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Clearstream<\/a>,<br \/>\nDeutsche B\u00f6rse Group&#8217;s ICSD, <a href=\"https:\/\/www.clearstream.com\/clearstream-en\/newsroom\/230403-3492532\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>expands<\/a><br \/>\nits services for the Ukrainian capital market, offering foreign exchange<br \/>\nentitlement on UAH-denominated sovereign bonds&#8217; interest payments as of 1 April.<br \/>\nHolders now have the option to receive UAH or USD credits, following the<br \/>\nNational Bank of Ukraine&#8217;s updated regulation, encouraging non-resident<br \/>\ninvestors to participate in the local government bond market.<\/p>\n<p data-v-1702825e>Committed<br \/>\nto supporting the Ukrainian capital market and the country&#8217;s infrastructure and<br \/>\neconomy, Clearstream plans to expand its existing link with additional asset<br \/>\nclasses for cross-border investments and improved domestic capital market<br \/>\nliquidity. Clearstream created its connection to Ukraine&#8217;s capital market for<br \/>\ndebt securities in 2019 and remains the sole ICSD and global custodian granting<br \/>\nentry to the local UAH-denominated government bond market.<\/p>\n<h2 data-v-1702825e>TISE Appoinst Non-Executive<br \/>\nDirector, Julia Chapman<\/h2>\n<figure data-media-id=\"67fa7995-432f-4613-b97a-c5409340c2c8\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Julia Chapman Joins TISE\" src=\"https:\/\/images.financemagnates.com\/images\/Julia%20Chapman%20Joins%20TISE_id_67fa7995-432f-4613-b97a-c5409340c2c8_size260.jpg\" aspect-ratio=\"1.6\" width=\"260\" height=\"162\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Julia Chapman Joins TISE<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>The<br \/>\nInternational Stock Exchange (TISE) <a href=\"https:\/\/tisegroup.com\/news\/2023\/tise-appoints-new-non-executive-director-to-group-board\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>has<br \/>\nrevealed<\/a> the appointment of Julia Chapman as a Non-Executive Director for<br \/>\nits parent organization. Based in Jersey, Chapman has accumulated over 30 years<br \/>\nof expertise in the investment fund and capital markets industry. She is a<br \/>\nqualified solicitor in England &#038; Wales and Jersey.<\/p>\n<p data-v-1702825e>Julia<br \/>\nChapman joined The International Stock Exchange Group Limited Board as of<br \/>\nFriday, 31 March. The Group Chair, Anderson Whamond, expressed his enthusiasm for<br \/>\nJulia&#8217;s appointment, stating her extensive experience in the corporate services<br \/>\nsector and as a Non-Executive Director will bolster the board&#8217;s skills and<br \/>\nknowledge.<\/p>\n<p data-v-1702825e>&#8220;I<br \/>\nlook forward to Julia working with myself, our fellow Directors, including our<br \/>\nCEO, Cees Vermaas, to develop and deliver the Group&#8217;s strategy to diversify and<br \/>\nscale up the business to sustain future growth,&#8221; Whamond added.<\/p>\n<h2 data-v-1702825e>Charges against Octaviar<br \/>\nInvestment Holdings Director Dropped<br \/>\n<\/h2>\n<p data-v-1702825e>ASIC announced<br \/>\ntoday that the Commonwealth Director of Public Prosecutions (CDPP) dropped 27<br \/>\nfraud charges against David Mark Anderson, who had been accused of dishonestly<br \/>\nutilising $4.6 million of Octaviar Investment Holdings No 3 Pty Ltd (OIH3) funds<br \/>\nfor personal use between 2012 and 2015.\n<\/p>\n<p data-v-1702825e>\nThe CDPP<br \/>\ndecided to withdraw charges due to compelling medical evidence regarding Anderson&#8217;s<br \/>\npoor health, deeming it no longer in the public interest to continue the prosecution. The judge discharged him, concluding the case initiated by ASIC&#8217;s<br \/>\ninvestigation and evidence referral.<\/p>\n<h2 data-v-1702825e>GMO Financial Holdings Invests in AWR Capital<br \/>\n<\/h2>\n<p data-v-1702825e>Japan&#8217;s GMO Financial Holdings has taken a 10 percent stake in AWR Capital, an algorithmic trading firm. The deal is strategic as AWR will act as a dedicated crypto market-maker for <a href=\"https:\/\/www.financemagnates.com\/cryptocurrency\/news\/gmo-internet-cryptocurrency-offering-z-com-coin-rebrands-gmo-coin\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>GMO Coin<\/a>, GMO&#8217;s FX and crypto exchange. However, none of the companies has revealed the financials of the deal.\n<\/p>\n<p data-v-1702825e>&#8220;Our investment will allow AWR to build out its services and solutions to span multiple asset classes and strategies,&#8221; said Tomitaka Ishimura, the COO at GMO Financial Holdings.\n<\/p>\n<h2 data-v-1702825e>Aquis Launches Aquis Equeinox<br \/>\n<\/h2>\n<p data-v-1702825e>Aquis Technologies, a division of <a href=\"https:\/\/www.financemagnates.com\/forex\/aquis-exchange-ends-fy22-with-24-revenue-rise\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Aquis Exchange<\/a>, announced the launch of Aquis Equinox, a regulated market-grade matching engine with a round-the-clock uptime. It guarantees continuous operation, with no need for shutdown for software upgrades, infrastructure changes, capacity increases, reference data management or member onboarding.\n<\/p>\n<figure data-media-id=\"cb4150b9-364a-4b2e-b938-24e4d0598ca4\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Adrian Ip, Managing Director at Aquis Technologies\" src=\"https:\/\/images.financemagnates.com\/images\/Adrian%20Ip%2C%20Managing%20Director%20at%20Aquis%20Technologies_id_cb4150b9-364a-4b2e-b938-24e4d0598ca4_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Adrian Ip, Managing Director at Aquis Technologies<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>&#8220;With the ability to run an exchange system without the need for shut-down, our ambition to offer &#8216;exchanges as a service&#8217; has now become a reality,&#8221; said Adrian Ip, the Managing Director at Aquis Technologies. &#8220;Through a shared ecosystem in which downtime is not a requirement, Aquis&#8217; matching engine enables the economies of scale to be shared across exchange platforms, delivering significant benefits to customers.&#8221;<\/p>\n<h2 data-v-1702825e>BMLL Adds 3 Asian Exchanges to Expand Data Coverage<\/h2>\n<p data-v-1702825e>BMLL, a provider of historical Level 3 data and analytics for global equity and futures markets, has expanded its coverage by adding CBOE Japan, Japannext, and Singapore Exchange. It came as part of the company&#8217;s expansion drive following <a href=\"https:\/\/www.financemagnates.com\/fintech\/bmll-secures-26-million-in-series-b-funding-round\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>$26 million raised in a Series B funding round<\/a>.<\/p>\n<figure data-media-id=\"ad9a7d56-7d26-4cac-a414-7d4210e70124\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Paul Humphrey, the CEO of BMLL.\" src=\"https:\/\/images.financemagnates.com\/images\/Paul%20Humphrey%2C%20the%20CEO%20of%20BMLL._id_ad9a7d56-7d26-4cac-a414-7d4210e70124_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Paul Humphrey, CEO of BMLL.<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>&#8220;The demand for high-quality historic market data has grown exponentially as participants need to understand market or venue behaviour across the US, EMEA, and APAC,&#8221; said Paul Humphrey, the CEO of BMLL.<\/p>\n<p data-v-1702825e>Read the full story <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/bmll-adds-3-asian-exchanges-to-expand-data-coverage\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>here<\/a>.<\/p>\n<h2 data-v-1702825e>Komainu Adds Institutional Collateral Management Solution<br \/>\n<\/h2>\n<p data-v-1702825e>Komainu, an institutional <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/komainu-helps-gcex-to-expand-crypto-custody-services\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>digital asset custody provider<\/a>, announced the launch of a collateral management service, Komainu Connect. The new service is now available only to a selection of Komainu clients, allowing them to leverage digital assets keeping them in custody.\n<\/p>\n<p data-v-1702825e>&#8220;Komainu Connect cements our vision of introducing true trade connectivity to ramp up the utility and velocity of digital assets, while under our secure, institutional grade custody,&#8221; said Sebastian Widmann, the Head of Strategy at Komainu. &#8220;As this industry matures, we will continue to pioneer the development of time-tested traditional finance products to match digital asset requirements.&#8221;<\/p>\n<h2 data-v-1702825e>Swiss Prosecutors Probe UBS and Credit Suisse Merger<\/h2>\n<p data-v-1702825e>Switzerland\u2019s federal prosecutors have opened an investigation against the rushed <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/ubsagreed-to-buy-troubled-rival-credit-suisse\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>takeover of Credit Suisse by rival UBS<\/a> for possible violations of the country\u2019s criminal laws.<\/p>\n<p data-v-1702825e>The prosecutors have identified \u201cnumerous aspects of events around Credit Suisse\u201d that warranted a probe and are now assessing for any \u201ccriminal offenses that could fall within [their] competence.\u201d<\/p>\n<p data-v-1702825e>The merged entity of UBS and Credit Suisse is looking to reduce the workforce by 20 to 30 percent, according to the Swiss daily Tages-Anzeiger. However, the banking giant did not confirm anything officially.<\/p>\n<p data-v-1702825e>Read the full story <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/swiss-prosecutors-probe-ubs-and-credit-suisse-merger\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>here<\/a>.<\/p>\n<\/div>\n<div data-v-1702825e>\n<h2 data-v-1702825e>\n<p>Nomura Appoints New Head<br \/>\nof Wealth Management<\/h2>\n<figure data-media-id=\"76f4c949-f503-4c34-9dc8-f86227a6d205\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Rudolf Hitsch\" src=\"https:\/\/images.financemagnates.com\/images\/Rudolf%20Hitsch_id_76f4c949-f503-4c34-9dc8-f86227a6d205_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Rudolf Hitsch<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>Today, <a href=\"https:\/\/www.financemagnates.com\/tag\/nomura\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Nomura<\/a>, a leading Asian investment bank, announced the appointment of Dr<br \/>\nRudolf Hitsch as the Head of North Asia for its International Wealth Management<br \/>\ndivision. In this new position, Dr Hitsch will operate from Hong Kong and<br \/>\noversee client relationship management teams for North Asia within<br \/>\nInternational Wealth Management. He will report directly to Ravi Raju, Nomura&#8217;s<br \/>\nHead of International Wealth Management.<\/p>\n<p data-v-1702825e>&#8220;As we<br \/>\nbuild out our International Wealth Management business and grow our<br \/>\ncapabilities to serve our clients, we are excited to have Rudolf join us to<br \/>\nstrengthen our presence in North Asia. We continue to attract top talent from<br \/>\nthe industry as we make significant investments in people and platforms and<br \/>\nenhance our product and services capabilities while integrating our Global<br \/>\nMarkets and Investment Banking solutions for high-net-worth clients,&#8221; Rajdu<br \/>\nsaid.<\/p>\n<h2 data-v-1702825e>JPX Releases J-Quants API<br \/>\nfor Retail Traders<\/h2>\n<p data-v-1702825e>JPX Market<br \/>\n&#038; Innovation, Inc. (JPXI) fosters a space for data science enthusiasts to<br \/>\nencourage trading through IT and data analysis with the &#8216;J-Quants&#8217;<br \/>\nproject, the Japan Stock Exchange informed on Monday.<\/p>\n<p data-v-1702825e>After<br \/>\ntrialing the J-Quants API (beta) since July 2022, which offered historical<br \/>\nstock prices and financial data, JPXI received favorable responses from<br \/>\nnumerous users. Consequently, the official J-Quants API (paid version) <a href=\"https:\/\/www.jpx.co.jp\/english\/corporate\/news\/news-releases\/6020\/20230403-01.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>was<br \/>\nlaunched<\/a> on 3 April 2023.<\/p>\n<h2 data-v-1702825e>Nicole Carroll Becomes<br \/>\nPaysafe&#8217;s CSO<\/h2>\n<figure data-media-id=\"e18c43de-5aea-479d-a523-fe0855add38a\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Nicole Carroll joins Paysafe\" src=\"https:\/\/images.financemagnates.com\/images\/Nicole%20Carroll%20joins%20Paysafe_id_e18c43de-5aea-479d-a523-fe0855add38a_size260.jpg\" aspect-ratio=\"1.14\" width=\"260\" height=\"227\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Nicole Carroll joins Paysafe<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>Paysafe named<br \/>\nNicole Carroll as its inaugural Chief Strategy and Innovation Officer.<br \/>\nReporting to Paysafe&#8217;s CEO, Bruce Lowthers, Carroll assumes her position today. Carroll<br \/>\nhas a long history of fostering growth and innovation in prominent global<br \/>\ncompanies in the technology, fintech, and payments sectors. <\/p>\n<p data-v-1702825e>Her main<br \/>\nduties at Paysafe will include refining the company&#8217;s corporate vision and<br \/>\nlong-term growth strategy and spearheading product innovation and<br \/>\ncapital expenditure initiatives. Carroll comes to Paysafe from Experian, where<br \/>\nshe served as the Chief Product Officer for the Decision Analytics division. Before Experian, she held a position as a director at Visa, leading the development<br \/>\nof their next-generation global software acceptance.<\/p>\n<h2 data-v-1702825e>Clearstream Enables<br \/>\nConversion, Repatriation for Non-Residents<\/h2>\n<p data-v-1702825e><a href=\"https:\/\/www.financemagnates.com\/tag\/clearstream\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Clearstream<\/a>,<br \/>\nDeutsche B\u00f6rse Group&#8217;s ICSD, <a href=\"https:\/\/www.clearstream.com\/clearstream-en\/newsroom\/230403-3492532\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>expands<\/a><br \/>\nits services for the Ukrainian capital market, offering foreign exchange<br \/>\nentitlement on UAH-denominated sovereign bonds&#8217; interest payments as of 1 April.<br \/>\nHolders now have the option to receive UAH or USD credits, following the<br \/>\nNational Bank of Ukraine&#8217;s updated regulation, encouraging non-resident<br \/>\ninvestors to participate in the local government bond market.<\/p>\n<p data-v-1702825e>Committed<br \/>\nto supporting the Ukrainian capital market and the country&#8217;s infrastructure and<br \/>\neconomy, Clearstream plans to expand its existing link with additional asset<br \/>\nclasses for cross-border investments and improved domestic capital market<br \/>\nliquidity. Clearstream created its connection to Ukraine&#8217;s capital market for<br \/>\ndebt securities in 2019 and remains the sole ICSD and global custodian granting<br \/>\nentry to the local UAH-denominated government bond market.<\/p>\n<h2 data-v-1702825e>TISE Appoinst Non-Executive<br \/>\nDirector, Julia Chapman<\/h2>\n<figure data-media-id=\"67fa7995-432f-4613-b97a-c5409340c2c8\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Julia Chapman Joins TISE\" src=\"https:\/\/images.financemagnates.com\/images\/Julia%20Chapman%20Joins%20TISE_id_67fa7995-432f-4613-b97a-c5409340c2c8_size260.jpg\" aspect-ratio=\"1.6\" width=\"260\" height=\"162\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Julia Chapman Joins TISE<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>The<br \/>\nInternational Stock Exchange (TISE) <a href=\"https:\/\/tisegroup.com\/news\/2023\/tise-appoints-new-non-executive-director-to-group-board\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\" data-v-1702825e>has<br \/>\nrevealed<\/a> the appointment of Julia Chapman as a Non-Executive Director for<br \/>\nits parent organization. Based in Jersey, Chapman has accumulated over 30 years<br \/>\nof expertise in the investment fund and capital markets industry. She is a<br \/>\nqualified solicitor in England &#038; Wales and Jersey.<\/p>\n<p data-v-1702825e>Julia<br \/>\nChapman joined The International Stock Exchange Group Limited Board as of<br \/>\nFriday, 31 March. The Group Chair, Anderson Whamond, expressed his enthusiasm for<br \/>\nJulia&#8217;s appointment, stating her extensive experience in the corporate services<br \/>\nsector and as a Non-Executive Director will bolster the board&#8217;s skills and<br \/>\nknowledge.<\/p>\n<p data-v-1702825e>&#8220;I<br \/>\nlook forward to Julia working with myself, our fellow Directors, including our<br \/>\nCEO, Cees Vermaas, to develop and deliver the Group&#8217;s strategy to diversify and<br \/>\nscale up the business to sustain future growth,&#8221; Whamond added.<\/p>\n<h2 data-v-1702825e>Charges against Octaviar<br \/>\nInvestment Holdings Director Dropped<br \/>\n<\/h2>\n<p data-v-1702825e>ASIC announced<br \/>\ntoday that the Commonwealth Director of Public Prosecutions (CDPP) dropped 27<br \/>\nfraud charges against David Mark Anderson, who had been accused of dishonestly<br \/>\nutilising $4.6 million of Octaviar Investment Holdings No 3 Pty Ltd (OIH3) funds<br \/>\nfor personal use between 2012 and 2015.\n<\/p>\n<p data-v-1702825e>\nThe CDPP<br \/>\ndecided to withdraw charges due to compelling medical evidence regarding Anderson&#8217;s<br \/>\npoor health, deeming it no longer in the public interest to continue the prosecution. The judge discharged him, concluding the case initiated by ASIC&#8217;s<br \/>\ninvestigation and evidence referral.<\/p>\n<h2 data-v-1702825e>GMO Financial Holdings Invests in AWR Capital<br \/>\n<\/h2>\n<p data-v-1702825e>Japan&#8217;s GMO Financial Holdings has taken a 10 percent stake in AWR Capital, an algorithmic trading firm. The deal is strategic as AWR will act as a dedicated crypto market-maker for <a href=\"https:\/\/www.financemagnates.com\/cryptocurrency\/news\/gmo-internet-cryptocurrency-offering-z-com-coin-rebrands-gmo-coin\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>GMO Coin<\/a>, GMO&#8217;s FX and crypto exchange. However, none of the companies has revealed the financials of the deal.\n<\/p>\n<p data-v-1702825e>&#8220;Our investment will allow AWR to build out its services and solutions to span multiple asset classes and strategies,&#8221; said Tomitaka Ishimura, the COO at GMO Financial Holdings.\n<\/p>\n<h2 data-v-1702825e>Aquis Launches Aquis Equeinox<br \/>\n<\/h2>\n<p data-v-1702825e>Aquis Technologies, a division of <a href=\"https:\/\/www.financemagnates.com\/forex\/aquis-exchange-ends-fy22-with-24-revenue-rise\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>Aquis Exchange<\/a>, announced the launch of Aquis Equinox, a regulated market-grade matching engine with a round-the-clock uptime. It guarantees continuous operation, with no need for shutdown for software upgrades, infrastructure changes, capacity increases, reference data management or member onboarding.\n<\/p>\n<figure data-media-id=\"cb4150b9-364a-4b2e-b938-24e4d0598ca4\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Adrian Ip, Managing Director at Aquis Technologies\" src=\"https:\/\/images.financemagnates.com\/images\/Adrian%20Ip%2C%20Managing%20Director%20at%20Aquis%20Technologies_id_cb4150b9-364a-4b2e-b938-24e4d0598ca4_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Adrian Ip, Managing Director at Aquis Technologies<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>&#8220;With the ability to run an exchange system without the need for shut-down, our ambition to offer &#8216;exchanges as a service&#8217; has now become a reality,&#8221; said Adrian Ip, the Managing Director at Aquis Technologies. &#8220;Through a shared ecosystem in which downtime is not a requirement, Aquis&#8217; matching engine enables the economies of scale to be shared across exchange platforms, delivering significant benefits to customers.&#8221;<\/p>\n<h2 data-v-1702825e>BMLL Adds 3 Asian Exchanges to Expand Data Coverage<\/h2>\n<p data-v-1702825e>BMLL, a provider of historical Level 3 data and analytics for global equity and futures markets, has expanded its coverage by adding CBOE Japan, Japannext, and Singapore Exchange. It came as part of the company&#8217;s expansion drive following <a href=\"https:\/\/www.financemagnates.com\/fintech\/bmll-secures-26-million-in-series-b-funding-round\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>$26 million raised in a Series B funding round<\/a>.<\/p>\n<figure data-media-id=\"ad9a7d56-7d26-4cac-a414-7d4210e70124\" data-v-1702825e>\n<p><img decoding=\"async\" alt=\"Paul Humphrey, the CEO of BMLL.\" src=\"https:\/\/images.financemagnates.com\/images\/Paul%20Humphrey%2C%20the%20CEO%20of%20BMLL._id_ad9a7d56-7d26-4cac-a414-7d4210e70124_size260.jpg\" aspect-ratio=\"1\" width=\"260\" height=\"260\" loading=\"lazy\"><\/p><figcaption data-v-1702825e>\n<p>Paul Humphrey, CEO of BMLL.<\/p>\n<\/figcaption><\/figure>\n<p data-v-1702825e>&#8220;The demand for high-quality historic market data has grown exponentially as participants need to understand market or venue behaviour across the US, EMEA, and APAC,&#8221; said Paul Humphrey, the CEO of BMLL.<\/p>\n<p data-v-1702825e>Read the full story <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/bmll-adds-3-asian-exchanges-to-expand-data-coverage\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>here<\/a>.<\/p>\n<h2 data-v-1702825e>Komainu Adds Institutional Collateral Management Solution<br \/>\n<\/h2>\n<p data-v-1702825e>Komainu, an institutional <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/komainu-helps-gcex-to-expand-crypto-custody-services\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>digital asset custody provider<\/a>, announced the launch of a collateral management service, Komainu Connect. The new service is now available only to a selection of Komainu clients, allowing them to leverage digital assets keeping them in custody.\n<\/p>\n<p data-v-1702825e>&#8220;Komainu Connect cements our vision of introducing true trade connectivity to ramp up the utility and velocity of digital assets, while under our secure, institutional grade custody,&#8221; said Sebastian Widmann, the Head of Strategy at Komainu. &#8220;As this industry matures, we will continue to pioneer the development of time-tested traditional finance products to match digital asset requirements.&#8221;<\/p>\n<h2 data-v-1702825e>Swiss Prosecutors Probe UBS and Credit Suisse Merger<\/h2>\n<p data-v-1702825e>Switzerland\u2019s federal prosecutors have opened an investigation against the rushed <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/ubsagreed-to-buy-troubled-rival-credit-suisse\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>takeover of Credit Suisse by rival UBS<\/a> for possible violations of the country\u2019s criminal laws.<\/p>\n<p data-v-1702825e>The prosecutors have identified \u201cnumerous aspects of events around Credit Suisse\u201d that warranted a probe and are now assessing for any \u201ccriminal offenses that could fall within [their] competence.\u201d<\/p>\n<p data-v-1702825e>The merged entity of UBS and Credit Suisse is looking to reduce the workforce by 20 to 30 percent, according to the Swiss daily Tages-Anzeiger. However, the banking giant did not confirm anything officially.<\/p>\n<p data-v-1702825e>Read the full story <a href=\"https:\/\/www.financemagnates.com\/institutional-forex\/swiss-prosecutors-probe-ubs-and-credit-suisse-merger\/\" target=\"_blank\" rel=\"follow noopener\" data-v-1702825e>here<\/a>.<\/p>\n<\/div>\n<p><a href=\"https:\/\/www.financemagnates.com\/\/forex\/news-nuggets-3-april-gmos-new-investment-komainu-enhances-custody\/\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Finance Magnates Staff<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nomura Appoints New Head of Wealth ManagementRudolf HitschToday, Nomura, a leading Asian investment bank, announced the appointment of Dr Rudolf Hitsch as the Head of North Asia for its International Wealth Management division. In this new position, Dr Hitsch will operate from Hong Kong and oversee client relationship management teams for North Asia within International<\/p>\n","protected":false},"author":1,"featured_media":625127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33248,25794],"tags":[],"class_list":{"0":"post-625126","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-april","8":"category-nuggets"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/625126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=625126"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/625126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/625127"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=625126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=625126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=625126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}