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6/26/2019

The Commodity Futures Trading Commission has issued a consultation on possible amendments to its process for terminating exemptive relief to foreign firms looking to sell derivatives products in the US, and has asked other jurisdictions to follow suit.

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CFTC
6/26/2019

Regulators must approach initiatives like Facebook's planned cryptocurrency libra with caution, taking into account both the sponsor's responsibilities and potential implications for the financial system, writes Martin Wolf.

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Facebook, Martin Wolf
6/26/2019

European Securities and Markets Authority Chairman Steven Maijoor discusses the EU's approach to regulating cryptoassets, fintech, clearinghouses and dealing with Brexit in an interview with Georgetown Law professor Chris Brummer.

6/26/2019

Capitalab says its new compression service for Nikkei 225 options traded on the Singapore Exchange could offer market makers capital savings and efficiencies as high as 50%.

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Singapore Exchange, Capitalab
6/26/2019

Speed bumps will be harder to manipulate if they are designed to adapt to market conditions, according to research from Simudyne. "Speed bumps that adapt to market conditions would be harder to game, while improving overall market quality," says Simudyne head of research Amir Sani.

6/26/2019

Intercontinental Exchange will launch a heating oil futures contract for delivery into the New York harbor on July 29 to challenge contracts offered by CME's New York Mercantile Exchange.

6/26/2019

The venture capital industry is starting to make some progress in its effort to improve gender and racial diversity, according to a report from Deloitte and the National Venture Capital Association. Since 2016 the number of venture capital firms running inclusion or diversity efforts has almost doubled, the report says.

6/26/2019

Carbon, a startup digital manufacturing platform, raised $360 million in a funding round that gave it a $2.4 billion valuation. With the new money it plans to grow in Europe and Asia and pick up the pace of research and development.

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VentureBeat
6/26/2019

MX, a startup that develops software used by financial institutions, raised $100 million in its most recent funding round. Battery Ventures, H.I.G. Capital and Industry Ventures participated in the round, among others.

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VentureBeat
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Battery Ventures
6/26/2019

Budderly, a startup that helps corporate clients cut their energy costs, raised $55 million in equity and debt in its most recent round of financing. The company aims to manage about $3 billion in clients' energy spending in the next decade.

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VentureBeat