What Is Fintech? Uses and Examples in 2019

https://www.thestreet.com/technology/what-is-fintech-14885154

What Is Fintech?

– Fintech is a term used to describe financial technology, an industry encompassing any kind of technology in financial services – from businesses to consumers. Fintech describes any company that provides financial services through software or other technology, and includes anything from mobile payment apps to cryptocurrency.

Top 10 Fintech Companies to watch in 2019

https://www.thestreet.com/technology/fintech-companies-14891479

As of 2019, there are 39 VC-backed fintech companies worth $1 billion – with a combined valuation of $147.4 billion, according to CB Insights.

The 11 Biggest Fintech Companies In America 2019

https://www.forbes.com/sites/jeffkauflin/2019/02/04/the-10-biggest-fintech-companies-in-america-2019/

SEC Rule 606 Endgame: The Guidance Is Out

https://tabbforum.com/opinions/sec-rule-606-endgame-the-guidance-is-out/

Chris Montagnino, Jordan & Jordan – The SEC staff released the long awaited and heavily anticipated guidance on Rule 606 to assist broker-dealers and the industry with implementation of the new disclosure requirements that were issued back in November 2018 and are scheduled to go into effect on Oct. 1, 2019. There are 32 detailed questions and responses available for your reading pleasure on the SEC website, and if the thought of slogging through the minutiae of the requirements appeals to you, have at it (and please get yourself some help). If you prefer a five-minute read with a consolidated synopsis of the most salient aspects of the guidance and potential impact, you’ve clicked on the correct link.

Eze partners with Tokyo Metropolitan Government in Japan’s resurgent hedge fund market

https://www.marketscreener.com/SS-C-TECHNOLOGIES-HOLDING-6098270/news/SS-C-Technologies-Eze-partners-with-Tokyo-Metropolitan-Government-in-Japan-s-resurgent-hedge-fund-29094191/?utm_content=20190821&utm_medium=RSS

The Tokyo Metropolitan Government (TMG) has introduced the Emerging Manager Program, which includes initiatives such as operational cost subsidies for startups, real-estate accessibility following the hedge fund hotel mantra we saw in the U.S. in the past couple of decades, and more flexibility in terms of licensing for early-stage hedge fund managers-all with the idea of making it easier for a manager to seriously consider staying onshore instead of leaving to take their talents elsewhere. Additionally, to ensure hedge funds start off their operations on the right foot, TMG has launched a ‘Qualified Outsourcing Provider ‘ program to steer managers to the most reputable and knowledgeable providers around the industry while still maintaining cost control through the government subsidies.

FlexTrade Integrates ACA Technology Decryptex Surveillance

https://theindustryspread.com/flextrade-integrates-aca-technology/

By  – … Shoshana Wainer, Head of Compliance at Albar Capital, commented: “FlexNOW and Decryptex are stand-out products supported by highly-responsive and knowledgeable teams. Integrating Decryptex with FlexNOW allows us to review our trading from a compliance perspective quickly, reliably and with the granularity we need. …”

ACA Technology Decryptex Surveillance

https://www.acacompliancegroup.com/regulatory-technology/decryptex-trade-surveillance-technology

MiFID II Equities: Dark Pools Hit High During Summer Slowdown

https://tabbforum.com/opinions/mifid-ii-equities-dark-pools-hit-high-during-summer-slowdown/

Tim Cave, TABB Group- Dark trading reached its highest level under MiFID II in July, accounting for 9.6% of all on-exchange activity. It is dark pools’ largest market share since April 2019, when they accounted for 9.1% of activity. Block specialist Liquidnet enjoyed a particularly strong month, with total daily notional volumes of €454 million, its third-highest total since January 2017.

The biggest factor affecting dark volumes in Europe is MiFID II’s dark pool caps, which limit the amount of dark trading in a stock to 4% of total on-exchange volumes on any one dark pool and 8% across all dark venues. Volumes are monitored on a retrospective 12-month basis every month, and those stocks breaching the caps are banned from trading in the dark for the next six months.