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Tag Archives: Daniel Berkovitz

Temenos and Fidessa forge banking software tie-up; Ex-CFTC Counsel Is Likely Pick for Dem Slot John Lothian Newsletter,Newsletter

First Read Hits & Takes JLN Staff Correction/Clarification: A clarification on an item in Monday’s JLN: DRW Cumberland’s Bobby Cho said Cumberland’s proportion of crypto-to-crypto trades now represents about 25 percent of its trades, versus crypto-to-fiat trades, meaning that counterparties now increasingly want to trade bitcoin to ethereum (or some other crypto combination), whereas in the past it was predominantly bitcoin to dollar (or other fiat currency). The item could have been interpreted as crypto trades account for 25 percent of all DRW trading, which is inaccurate.~JK The CFTC collected $413 million in fines last year, which means an investment…