



Hantec Markets, a leader in Forex trading services, has named Rajan Naik as Global Head of Marketing in Dubai. Rajan will lead global marketing strategies to enhance the Hantec Markets brand. "Excited to join Hantec Markets and take the brand to new heights," Rajan shared on LinkedIn. With 15 years of experience, Rajan previously led global marketing at INFINOX Global and has held roles at MENA INFINOX DMCC, Financial Markets Online, and LEARN TO TRADE IM. "Rajan's experience will be key in expanding our market share," said COO Nader Nurmohamed.



The FDIC has rejected Citigroup's "living will," a plan for orderly winding down in a crisis, due to data control issues. The decision raises concerns about Citigroup’s ability to resolve itself safely. Citigroup stated, "We continue to invest in modernizing our infrastructure." Despite the rejection, Citigroup emphasized its financial health, noting strong capital and liquidity. The bank remains confident it can be resolved without taxpayer funds. This decision follows ongoing regulatory challenges regarding Citigroup's data management, with new directives issued in February.



Euronext unveiled the MyEuronext Portal, a new digital solution for debt listing agents and issuers. This platform streamlines the submission of Final Terms and Pricing Supplements for bond listings. The MyEuronext Portal offers a single entry point for listing procedures, enhancing security and traceability. It also supports scalability and cost reduction for issuers. Mathieu Caron, Head of Primary Markets at Euronext, stated, "The new rules and MyEuronext Portal improve our market’s competitiveness with secure and efficient listing services."



India's markets regulator plans to amend derivative trading rules to mitigate risks from the surge in options trading. Proposed changes include higher margins for options contracts and enhanced disclosures. The regulator aims to curb speculative trading and potential market manipulation. One key proposal links options trading to underlying cash volumes to limit open positions in less liquid stocks. SEBI also suggests flat fees for brokers regardless of turnover and tighter rules for individual stock derivatives. These changes, aimed at preventing market instability, will be open for public consultation in the coming months.

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