The new stringent MiFID II regulatory technical standards (RTS) is top of mind for Banks, venues, and participants. One of the areas of major concern and confusion are the new regulatory technical standards (RTS) for trade transaction record management and reporting for trades made to venues that support high speed trading i.e., almost all electronic trades. The new MiFID II RTS standards require all parties involved in a trade to capture, record, maintain and report all information related to the transaction life-cycle with precise time-stamps accurately synchronised to the world time standard - UTC (Coordinated Universal Time). Existing systems cannot do this.
The reason the regulator wants to do this is to be able to retrospectively recreate the sequence of market actions that led to a particular market condition (possibly abusive behaviour) and forensically verify who did what, how markets reacted, and who is to blame.
It is very difficult to meet these new MiFID II regulatory technical standards (RTS) and may cost many millions of dollars to replace or retrofit the existing trading systems with this new capability. In addition, they will incur the ongoing costs of remaining compliant amid changes in their technology and amid future regulatory requirements. The banks and venues are concerned that even if they spend this money, their implementations may not meet the requirements and intention of (MiFID II) the new regulations, and failure to be compliant may result in significant fines.
Corvil is introducing a novel new solution that addresses this problem - it is able to meet these new MIFID II requirements for UTC-synchronised trade transaction record management without requiring a retrofit or re-architecture of trading platform components.
Bovill Briefing Introducing MiFID II September 2014Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the September briefing - the first of a series on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
MiFID brought major regulatory change to investment firms back in 2007. But technological strides and market developments since the financial crisis are now exposing weaknesses in the directive.
MiFID II is a complete rebuild – aiming to close the gaps in the regulatory framework and introduce a ‘Mark 2’. Strong enough to protect the investment industry whatever the future holds, Mark 2 will also help achieve all of MiFID’s original aims by bolstering investor confidence.
At over 200 pages, MiFID II is longer, broader and more granular than MiFID I. It increases regulatory requirements, may well bring new firms into its scope, and will require changes to the way some investment firms currently work.
The first in a series of Bovill briefings on different elements of MiFID II, this introductory session provides:
• a general overview of the directive
• detailed timelines
• the steps you need to start taking now.
This briefing is relevant for all compliance officers of firms that undertake investment business in UK and Europe including those firms that are currently exempted from MiFID I.
The new stringent MiFID II regulatory technical standards (RTS) is top of mind for Banks, venues, and participants. One of the areas of major concern and confusion are the new regulatory technical standards (RTS) for trade transaction record management and reporting for trades made to venues that support high speed trading i.e., almost all electronic trades. The new MiFID II RTS standards require all parties involved in a trade to capture, record, maintain and report all information related to the transaction life-cycle with precise time-stamps accurately synchronised to the world time standard - UTC (Coordinated Universal Time). Existing systems cannot do this.
The reason the regulator wants to do this is to be able to retrospectively recreate the sequence of market actions that led to a particular market condition (possibly abusive behaviour) and forensically verify who did what, how markets reacted, and who is to blame.
It is very difficult to meet these new MiFID II regulatory technical standards (RTS) and may cost many millions of dollars to replace or retrofit the existing trading systems with this new capability. In addition, they will incur the ongoing costs of remaining compliant amid changes in their technology and amid future regulatory requirements. The banks and venues are concerned that even if they spend this money, their implementations may not meet the requirements and intention of (MiFID II) the new regulations, and failure to be compliant may result in significant fines.
Corvil is introducing a novel new solution that addresses this problem - it is able to meet these new MIFID II requirements for UTC-synchronised trade transaction record management without requiring a retrofit or re-architecture of trading platform components.
Bovill Briefing Introducing MiFID II September 2014Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the September briefing - the first of a series on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
MiFID brought major regulatory change to investment firms back in 2007. But technological strides and market developments since the financial crisis are now exposing weaknesses in the directive.
MiFID II is a complete rebuild – aiming to close the gaps in the regulatory framework and introduce a ‘Mark 2’. Strong enough to protect the investment industry whatever the future holds, Mark 2 will also help achieve all of MiFID’s original aims by bolstering investor confidence.
At over 200 pages, MiFID II is longer, broader and more granular than MiFID I. It increases regulatory requirements, may well bring new firms into its scope, and will require changes to the way some investment firms currently work.
The first in a series of Bovill briefings on different elements of MiFID II, this introductory session provides:
• a general overview of the directive
• detailed timelines
• the steps you need to start taking now.
This briefing is relevant for all compliance officers of firms that undertake investment business in UK and Europe including those firms that are currently exempted from MiFID I.
MiFID II - investor protection - Bovill briefing feb 15Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the February 2015 briefing on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
With the ‘Level Two’ advice published just before Christmas, this is the first of our 2015 series of MiFID II briefings.
This session focuses on the investor protection elements of ESMA's advice including topics such as:
• product governance to product intervention
• client assets
• remuneration
• conflicts and inducements (dealing commission)
• best execution and client order handling
• information to clients.
The briefing gives more details of our MiFID II toolkit and how this could help your project.
MiFID II - Data Governance - Closing the Chasmexpertechnix
At the ‘Practical Data Governance – Preparing now for the future‘ event held on 8th June 2016 run jointly by the BCS Data Management Specialist Group and DAMA UK, Ian Chapman presented on ‘MiFID II – Data Governance – closing the chasm’.
MiFID II: Data for transaction reportingLeigh Hill
Markets in Financial Instruments Directive II (MiFID II) is complemented by Markets in Financial Instruments Regulation (MiFIR), which builds out transaction reporting requirements with a number of new reporting obligations. The data and data management challenges of reporting include an increase in instruments that must be reported and the addition of several new fields to transaction reports. The Legal Entity Identifier (LEI) is also mandated for use in reporting.
Join the webinar to find out about:
-Transaction reporting
-Data requirements
-Data management
-Inclusion of the LEI
-Best practice approaches
EXTENT-2015: MiFID II Projected Impact on Trading TechnologyIosif Itkin
MiFID II / MiFIR: Projected Impact on Trading Technology and QA Challenges
Pavel Sigov, Exactpro, Moldova
11 Nov 2015
EXTENT Trading Technology Trends & Quality Assurance Conference in St.Petersburg, Russia
Bovill briefing: Making AIFMD business as usual - Annex IV reporting - Octobe...Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the October 2014 briefing On AIFMD. For more information visit www.bovill.com.
Further information on the event is below:
Making AIFMD business as usual
When AIFMD came fully into force in July it felt like the end of a long journey. The end of the transitional period, however, was just the beginning. Firms now need to make sure their AIFMD policies and procedures are properly embedded and working effectively.
The Annex IV reporting regime presents a particular challenge for affected firms in remaining compliant with the Directive.
Relevant for anyone involved in meeting AIFMD requirements, Bovill’s briefing covers:
• a recap of what AIFMD is all about
• how to effectively monitor compliance under the Directive
• the practicalities of Annex IV reporting and how Bovill can help.
EXTENT-2016: MiFID 2 Compliant Fixed Income SOR SystemIosif Itkin
EXTENT-2016: Software Testing & Trading Technology Trends
22 June, 2016, 10 Paternoster Square, London
MiFID 2 Compliant Fixed Income SOR System
Ferdinando La Posta, Co-founder and CEO, GATElab
Would like to know more?
Visit our website: extentconf.com
Follow us:
https://www.linkedin.com/company/exactpro-systems-llc?trk=biz-companies-cym
https://twitter.com/exactpro
#extent2016
#exactpro
MiFID II comes into effect from 1 January 2018 and there is much work to be done to be ready. Read the corfinancial guide to find out how MiFID II will impact not only a very large number of Financial Services firms who operate in the European Union but is likely to have a significant impact on their business and operating models, processes and IT systems.
EXTENT-2015: Efficient Risk Control - Challenges & TechniquesIosif Itkin
Efficient Risk Control - Challenges and Techniques
Vladimir Kurlyandchik, ARQA Technologies
11 November 2015
Trading Technology Trends & Quality Assurance Conference in St. Petersburg
WikiTree Group brings together competence centers and expertise in order to offer new solutions adapted to the changing needs operating in the financial world today
CSDR Technical Standards and Technical AdviceLászló Árvai
Presentation to explain ESMA’s on-going involvement in the drafting of
the CSDR Level 2 requirements
Outline of ESMA’s role in the Level 2 process
Reference to main stakeholder feedback to the ESMA consultation
papers and the related ESMA responses
Questions
EXTENT-2015: Quality Assurance in Russian NSDIosif Itkin
Quality Assurance in Russia's National Settlement Depository (NSD)
Pavel Andrianov, National Settlement Depository
11 November 2015
Trading Technology Trends & Quality Assurance Conference in St. Petersburg
Join senior members from the OECD's Centre for Tax Policy and Administration (CTPA) for a webcast as they give the latest update on the OECD/G20 BEPS Project.
View the webcast: www.oecd.org/ctp/beps-webcasts.htm
MiFID II - investor protection - Bovill briefing feb 15Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the February 2015 briefing on MiFID II. For more information visit www.bovill.com.
Further information on the event is below:
With the ‘Level Two’ advice published just before Christmas, this is the first of our 2015 series of MiFID II briefings.
This session focuses on the investor protection elements of ESMA's advice including topics such as:
• product governance to product intervention
• client assets
• remuneration
• conflicts and inducements (dealing commission)
• best execution and client order handling
• information to clients.
The briefing gives more details of our MiFID II toolkit and how this could help your project.
MiFID II - Data Governance - Closing the Chasmexpertechnix
At the ‘Practical Data Governance – Preparing now for the future‘ event held on 8th June 2016 run jointly by the BCS Data Management Specialist Group and DAMA UK, Ian Chapman presented on ‘MiFID II – Data Governance – closing the chasm’.
MiFID II: Data for transaction reportingLeigh Hill
Markets in Financial Instruments Directive II (MiFID II) is complemented by Markets in Financial Instruments Regulation (MiFIR), which builds out transaction reporting requirements with a number of new reporting obligations. The data and data management challenges of reporting include an increase in instruments that must be reported and the addition of several new fields to transaction reports. The Legal Entity Identifier (LEI) is also mandated for use in reporting.
Join the webinar to find out about:
-Transaction reporting
-Data requirements
-Data management
-Inclusion of the LEI
-Best practice approaches
EXTENT-2015: MiFID II Projected Impact on Trading TechnologyIosif Itkin
MiFID II / MiFIR: Projected Impact on Trading Technology and QA Challenges
Pavel Sigov, Exactpro, Moldova
11 Nov 2015
EXTENT Trading Technology Trends & Quality Assurance Conference in St.Petersburg, Russia
Bovill briefing: Making AIFMD business as usual - Annex IV reporting - Octobe...Bovill
Bovill - the UK financial services regulatory consultancy - runs regular briefings. These are the slides from the October 2014 briefing On AIFMD. For more information visit www.bovill.com.
Further information on the event is below:
Making AIFMD business as usual
When AIFMD came fully into force in July it felt like the end of a long journey. The end of the transitional period, however, was just the beginning. Firms now need to make sure their AIFMD policies and procedures are properly embedded and working effectively.
The Annex IV reporting regime presents a particular challenge for affected firms in remaining compliant with the Directive.
Relevant for anyone involved in meeting AIFMD requirements, Bovill’s briefing covers:
• a recap of what AIFMD is all about
• how to effectively monitor compliance under the Directive
• the practicalities of Annex IV reporting and how Bovill can help.
EXTENT-2016: MiFID 2 Compliant Fixed Income SOR SystemIosif Itkin
EXTENT-2016: Software Testing & Trading Technology Trends
22 June, 2016, 10 Paternoster Square, London
MiFID 2 Compliant Fixed Income SOR System
Ferdinando La Posta, Co-founder and CEO, GATElab
Would like to know more?
Visit our website: extentconf.com
Follow us:
https://www.linkedin.com/company/exactpro-systems-llc?trk=biz-companies-cym
https://twitter.com/exactpro
#extent2016
#exactpro
MiFID II comes into effect from 1 January 2018 and there is much work to be done to be ready. Read the corfinancial guide to find out how MiFID II will impact not only a very large number of Financial Services firms who operate in the European Union but is likely to have a significant impact on their business and operating models, processes and IT systems.
EXTENT-2015: Efficient Risk Control - Challenges & TechniquesIosif Itkin
Efficient Risk Control - Challenges and Techniques
Vladimir Kurlyandchik, ARQA Technologies
11 November 2015
Trading Technology Trends & Quality Assurance Conference in St. Petersburg
WikiTree Group brings together competence centers and expertise in order to offer new solutions adapted to the changing needs operating in the financial world today
CSDR Technical Standards and Technical AdviceLászló Árvai
Presentation to explain ESMA’s on-going involvement in the drafting of
the CSDR Level 2 requirements
Outline of ESMA’s role in the Level 2 process
Reference to main stakeholder feedback to the ESMA consultation
papers and the related ESMA responses
Questions
EXTENT-2015: Quality Assurance in Russian NSDIosif Itkin
Quality Assurance in Russia's National Settlement Depository (NSD)
Pavel Andrianov, National Settlement Depository
11 November 2015
Trading Technology Trends & Quality Assurance Conference in St. Petersburg
Join senior members from the OECD's Centre for Tax Policy and Administration (CTPA) for a webcast as they give the latest update on the OECD/G20 BEPS Project.
View the webcast: www.oecd.org/ctp/beps-webcasts.htm
Fisconti Tax Consulting Netherlands - New Transfer Pricing Documentation requ...Guido Van Asperen
In the Netherlands new transfer pricing documentation rules are introduced. They will have an impact on companies with a global consolidated turnover of € 50 million
Fisconti tax consulting Netherlands - New Transfer Pricing Documentation Req...Guido Van Asperen
New Transfer Pricing Documentation Requirements have been introduced in the Netherlands in 2016. If you are part of a multinational with a turnover of at least € 50 million, these rules will generally be relevant to you. We provide a pratical approach avoiding duplication of work, considering similar requirements in other countries.
Join senior members of the OECD's Centre for Tax Policy and Administration (CTPA) comment on the recent publication of the first steps toward implementation of OECD/G20 efforts against tax avoidance by multinationals. OECD and G20 countries have agreed three key elements that will enable implementation of the BEPS Project:
- a mandate to launch negotiations on a multilateral instrument to streamline implementation of tax treaty-related BEPS measures;
- an implementation package for country-by-country reporting in 2016 and a related government-to-government exchange mechanism to start in 2017;
- criteria to assess whether preferential treatment regimes for intellectual property (patent boxes) are harmful or not.
In addition, they will discuss upcoming discussion drafts and public consultations, and provide a progress report of the 2015 Deliverables to date.
Meet the dynamic requirements of your business and gain competitive advantage with FactsHCM integrated Human Capital Management solution. With FactsHCM , you can go beyond operational efficiency and achieve strategic excellence with a high performance HR.
Impact 2013: How Technology is used for real-time monitoring of Dodd-Frank Tr...jKool
Presentation delivered at IBM IMPACT 2013
Dodd-Frank Trade Reporting regulations were enacted to ensure improved transparency and accountability for trade execution and reporting. However, there are key challenges such as: how do swap dealers ensure compliance and how can this be done in real-time as the windows for course correction are small.
-Real-time trade surveillance across the lifecycle of a reportable trade
- NACK Management
- How to provide visibility in real-time to actual or potential breaches in responsibility with the flexibility to change as the regulation evolves
- See the video at: http://www.nastel.com/dodd-frank-webinar.html
Medicines Verification Systems in Europe – a perspective from wholesale distr...László Árvai
The Falsified Medicines Directive and its Delegated Regulation on Safety Features
European Medicines Verification Organisation (EMVO) and the roll-out of National Medicines Verification Systems
GIRP and wholesale distributors perspectives on medicines verification systems
Impact on the actors in the supply chain
Best Practices in the Field of Serialization and Safe Supply Chain László Árvai
GS1 – and global standards • ABC – Argentina, Brasil, China and other countries – what is the world doing beyond Europe? • Serialisation – how and when? • Visibility in the supply chain – reality or myth • Patient Safety and the “Level below the Each”
The transparency of securities financing transactions in the EULászló Árvai
Capital Markets Union (CMU)
•EU capital markets are global
•Considerable progress has been made
•But inefficiencies, legal barriers, insufficient competition remain.
•Markets need to work better for the economy, delivering growth and jobs.
Potential career path between profilesLászló Árvai
Architects
Business
Development
Governance
Group IT - job profiles
Infrastructure
IT Development
IT Operations (development)
IT Service
Management
Management
Project Management
Security
Staff
Test Management
Agenda
Danske Bank IT – A Global Workforce
Career Path project vision and overview
Job profile example
Presentation of speaker
Paradigm shifts of IT Competencies
What affects interview
• Overconfidence!
• Biases
- First impressions
- Stereotypes
- Like me/I like you
- Halo/horns
• Poor planning for interview (lack of knowledge of role and/or criteria)
• Poor decision making
• Lack of interviewing skills (questioning, listening, note taking, evaluating)
Why could this presentation be relevant for you?
IF you have: - duplications in your organisation
-unclear processes
-unclear responsibilities Or: - It is not clearly defined, who your internal consumers are - What are the real added value activies? - You do not exactly know how measure the effectiveness?
CHALLENGES FOR A CRO IN A NEARLY GONE CONCERN OPERATING ENVIRONMENTLászló Árvai
Banca Marche is a very typical commercial retail bank, offering a wide range of products and services… … at the end of 2012 (last official figures available)… was among the first 20 Italian banks in terms of total assets (23 bln) had a very high market share in Marche Region (25%, 23% deposits and 20% branches) and about 1% of whole Italian market share (1,0% loans, 0,8% deposits and 1,0% branches)
Are CCPs here to manage risk or instead to cause it?
•Changing environment: security vs capital efficiency
•Diversity killed by regulation?
•CCP default scenario: recovery vs resolution
2
Credit Risk Losses | Real Losses Are they inconsistent?László Árvai
Focusing on:
• Contracting a new deal
• Good and properous customer relationship
• To have nice conversation
• Learn all the needs of his client
• Write a loan application
• Fill in the forms of the system
• Cope with all the compliance „handicaps“
• Analyse the business plan, the forecast, …
The post trade challenges of implementing CSDR settlement discipline: Mandato...László Árvai
What is a buy-in, and how do they work?
What is cash compensation?
The challenges of buy-ins and cash compensation
CSDR Level 1 and mandatory buy-ins
The Level 2 ESMA Consultation Paper: the 3 options for a buy-in mechanism
The challenges with the options
Conclusion (the need to amend the Level 1 text)
CSDR Mandatory Buy-ins
1 . How did we get into this mess
•Ukraine is one of only two countries of the FSU yet to recover to its 1991 level of GDP
–Total reform failure
–Got democracy but Yanukovych was a bad choice
•In the last decade Russia has been transformed into a “normal” country
(albeit with a lot of problems)
100 mln clients 6 countries 70,000 employees
TOP-3 best employers
85% vacancies are closed by internal candidates
TOP-10 best companies for leaders in Russia (2014)
G20 (2009): Strengthen loan loss accounting using broader
range of information aiming at greater stability
IFRS 9: 3S-approach replaces Incurred Loss (IL)-approach
Basel Committee Guidelines: Are claims justified?
higher model quality and backtesting
Macroeconomic projections
Denouncing shortcuts (e.g. 30d past due)
For lack of empirical evidence: Let’s use simulations
Revolving 10Y-loan portfolio, infinitely granular follows Moody’s
US-Corp. migration statistics, transfer S1/2: 3notch downgrade
(papers.ssrn.com/sol3/papers.cfm?abstract_id=2187515
A new European framework for resolution cases: the BRRDLászló Árvai
1.The control of State aid during the financial crisis
2.A new comprehensive framework: the BRRD
3.Implementation of the BRRD and upcoming challenges
This presentation reflects the view of the author and does not express the view of the European Commission.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...
The experience of Monte Titoli for wave 1 of T2S
1. The experience of Monte
Titoli for wave 1 of T2S
GLC - Post Trade Forum & Trade Show
Wien, 10-11 September
15 September 2015London Stock Exchange Group Page 1
2. Agenda
• The road-map to T2S
• The first 2 weeks
• The next steps
• The strategic view of a CSD in T2S
Page 2
3. The roadmap to T2S
• Shared with clients the strategic decision to be in wave 1 since 2011
• Joint planning of the activities: agreed the major milestones, remove market
specificities, define market practises and market harmonizations
• Set-up of a DCP working group to address specific needs of major clients
• Open and transparent communication also in critical situation
• Focus on core functionalities and de-scope others: portfolio transfer, corporate actions
on flows, cash forecasting,
London Stock Exchange Group Page 3
4. Training and Education
• Training on the T2S platform, new features and impact: seminars, webinars,
workshops.
• Static data configuration (via a dedicate tool)
• Community testing: 3 months period had to be extended
• Training on testing activity
• 5 MWDR executed with the participation of all major clients
London Stock Exchange Group Page 4
5. The first 2 weeks in T2S
• The migration week end was performed very succesfully by Monte Titoli and all its
clients (the point of no return was reached 6 hours ahead of schedule)
• No major or critical issues were detected in the first two weeks but the main points to be
addressed:
- need to better understand the behaviour of the new settlement system and the
functionalities (similarities with the old settlement system but different behaviour)
- how liquidity is formed and used during RTGS
- cross border settlement
- SSI and Party2 for matching
- Reporting after NTS
- Auto collateral functionalities
- GUI performance still to be improved
• Settlement rate is approx. 95% (first estimate by Monte Titoli)
London Stock Exchange Group Page 5
6. The next steps
• Stabilise the whole process and help clients to understand the functioning and behaviour
of the new settlement system
• Planning for the descoped functionalities
• Complete the harmonization process (OTC corporate actions on flow)
• Fixing of the open defects (hot fix release to be deployed by end of sep)
• Support the migration of the other waves
• Recover Settlement rate
London Stock Exchange Group Page 6
7. How a CSD is facing the change?
Approach:
from institutional
to commercial
Services:
from basic to
value-added
View:
from domestic
to international
Global post-trade
service provider
Efficient market
infrastructure
Page 7London Stock Exchange Group
• New regulatory enviroment is pushing all players to review their strategy.
• 24 CSDs in T2S with different sizes, products and clients
8. Monte Titoli at a glance
Issuer
Services
Collateral
Management
Custody
Asset
Servicing
Settlement
42,000 financial instruments
3.4 trillion assets under custody
More than 2,200 issuers for instruments issued in multiple countries
Over 400 banks and brokers participants
Investor CSD on 19 markets, will become 30 major markets with T2S
Awarded a CSD AA rating by Thomas Murray since 2007. €52bio/ EU
Page 8
• Monte Titoli wants to become a leading CSD in Europe, able to serve domestic and
international client with a full set of products and services
• Joining T2S is key to pass the benefit to its clients
9. T2S offering
• LSEG’s vision is for Monte Titoli to become a global player, and T2S is
instrumental to support this internationalization process. Single point of
entry for T2S markets
• Development of core and value added services:
- Established reciprocal links with major issue CSDs
- Tax services for Italian and European instruments
- Developed Collateral Management Platform X-com
- Launched Triparty repo contract OTC and on-exchange
- Full suite of Swift messages
London Stock Exchange Group Page 9
Connectivity
Settlement
Custody
Asset
servicing
Liquidity
Reporting
T2S
markets