05 Feb 2025
Fidelity hit with Finra claim over US$11.1m ETN loss
The exchange-traded note (ETN) issued by Credit Suisse has caused a loss of US$11.1m after being ‘inappropriately’ recommended by an advisor on the Fidelity brokerage platform.
28 Jan 2025
Digital assets: Fineqia, FTSE Russell partner in DeFi ETN launch
Also: Maple aims at institutional market with call options BTC play; Nasdaq files for in-kind redemptions for BlackRock spot Bitcoin ETF; SignalPlus closes US$11m in series B round funding.
23 Jan 2025
Virtune goes first as Nasdaq launches crypto ETN segment in Finland
Nasdaq has welcomed the first batch of exchange-traded notes on cryptocurrency in Helsinki issued by Virtune AB, a decade after their debut in Sweden.
08 Jan 2025
Latest: HK’s Goldhorse adds educational function, French fintech launches Luxembourg hub
Also: Samsung Securities rolls out three Dow Jones ETNs; BBVA’s Garanti launches warrants suite on Borsa Istanbul; Citi invests in OTC FX options trading platform.
21 Nov 2024
Digital assets: Kaiko buys index provider for ETP issuers
In this week’s roundup, we also look at BlackRock's Bitcoin ETF options on Nasdaq and Bitwise’s latest ETP listing.
24 Oct 2024
Digital assets: DBS rolls out blockchain-based banking for institutions
In this week’s roundup, we also look at the Prague Stock Exchange pioneering DLT technology to implement securities settlement, MarketVector’s index deployment into 21Shares crypto ETP, and the launch of the SDX-Rulematch partnership aimed at transforming the institutional crypto trading and custody market.
18 Sep 2024
US advisor to pay over US$1.5m for unsuitable sales involving ETNs
The US regulator has charged the RIA and its owner for investing clients’ funds in unsuitable equity-linked structured notes
16 Jul 2024
Exclusive: UBS rebrands several covered call ETNs in CS transfer
The Swiss bank is seeking to expand its presence and proactively push its offering in the US ETN space.
31 May 2024
Digital assets: DB enters MAS' Project Guardian, crypto ETPs debut in the UK
In this week’s roundup, we look at Deutsche Bank's move towards asset tokenisation, the launch of physically backed crypto exchange-traded products (ETPs) by 21Shares and WisdomTree in the UK, Singapore’s Marketnode new funding round led by HSBC, the upcoming Volatility Shares' leveraged Ether ETF, and more.
13 May 2024
European regulators review Ucits-eligible assets, crypto standards
European regulators are seeking industry feedback to assess rules around crypto and commodity exposures.
27 Feb 2024
Barclays’ structured notes over-issuance reverberates
The UK bank must face a lawsuit brought by US shareholders over the US$17.7 billion structured note blunder.
15 Feb 2024
Credit Suisse dodges ETN lawsuit
The Second Circuit Court of Appeals of the US has dismissed a class action lawsuit brought by retail investors over the delisting of a Credit Suisse exchange-traded note (ETN).