The deal positions Coinbase to offer crypto derivative products to U.S. investors as part of a "robust and holistic trading environment."
U.S. regulators alleged the exchange traded digital assets without verifying customer identities and implementing an anti-money laundering program.
The U.K.'s financial watchdog “is sending a strong signal that it is worried about the dangers of investing in cryptocurrencies."
“This acquisition will see us further diversify into the exciting high growth market of U.S. retail options and futures," IG's CEO says.
The insurer's profit drop reflected a 13% decline in net investment income and $710 million in net derivative losses.
The new finance chief of Penn Mutual has had 10 jobs at the company over 19 years, but it was a chance exchange with the CEO that put him on the right path.
Regulators say Options Clearing Corp. failed to establish and enforce policies and procedures involving financial risk management.
Derivatives and hedge accounting, intercompany loans, valuation models — all will be affected by the shift away from Libor.
A Financial Stability Board report finds post-crisis reforms have reduced the likelihood of future crises.
The CFTC says the bank's traders "openly joked about" their efforts to manipulate the global benchmark for interest rate products.
The new index futures are "expected to provide liquid hedging vehicles for institutional investors with exposure to U.S. corporate debt."
Companies should start preparing soon for the changes slated to take effect in late 2018.
