Designed as an open platform to encourage broad participation by banks globally Platform will leverage blockchain technology and digitise M11 commercial bank money to reduce current frictions and latency for cross-border payments, trade transactions and foreign exchange settlements
Read More »Woven Planet, a subsidiary of Toyota, to acquire Lyft’s self-driving car division
LYFT announced today that the company has signed an agreement with “Woven Planet” a subsidiary of Toyota Motor Corporation, for the acquisition of Lyft’s self-driving vehicle division, Level 5
Read More »Tesla Motors, Inc. TSLA
Tesla reported earnings after the closing bell. TSLA reported earnings of 93 cents per share beating the consensus of 79 cents per share. Revenue reported at $10.39 billion slightly better
Read More »Netflix NFLX
Netflix (NFLX) trades 9% lower in after-market trading as investors disappointed by the new subscriber's figures. NFLX added 3.98 million new subscribers
Read More »Cboe Options Exchange to Extend Global Trading Hours for VIX and SPX Options to Nearly 24 Hours-a-Day
CBOE announced plans to extend the global trading hours session (GTH) for its S&P 500 Index options (SPX) and Cboe Volatility Index (VIX) options to nearly 24 hours
Read More »Chicago Cubs TV Network to be Available on fuboTV
fuboTV Inc. and Marquee Sports Network announced today a carriage agreement that will bring Chicago Cubs game coverage to the leading sports-first live TV streaming platform in the coming weeks.
Read More »Fitch Upgrades Microsoft to ‘AAA’; Outlook Stable
Fitch Ratings has upgraded the Long-Term Issuer Default Rating (IDR) for Microsoft Corporation to 'AAA' from 'AA+'. The Rating Outlook is Stable. The Short-Term IDR has been affirmed at 'F1+'. The ratings affect $64 billion of debt.
Read More »Federal Reserve System publishes annual financial statements
The Federal Reserve System on Monday released the 2020 combined annual audited financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks
Read More »Data Spotlight – US options volume nearly doubles over the last 12 months
In February 2021, single stock options on US options exchanges reached a total volume of 572.4 million contracts, an increase of 91.3% from February 2020. That growth comes after a significant increase in the prior year, too, with a 51.8% year-over-year increase between February 2020 and February 2019.
Read More »SEC Charges California-Based Fraudster With Selling “Insider Tips” on the Dark Web
SEC charged James Roland Jones of Redondo Beach, California, with perpetrating a fraudulent scheme to sell what he called “insider tips” on the dark web.
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