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Zero Balance Current Account: A Quick Explainer

Razorpay

Powerful current accounts always come with a caveat; a minimum balance requirement. Whether it is a few ten thousand or a few lakhs, most accounts are not zero balance current accounts. Would a zero balance current account really be so beneficial to businesses?

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Trading Technologies hires in ex-Bloomberg expert as EMEA director

The TRADE

Algomi was acquired by BGC partners in 2020 – integrated with BGC’s electronic trading and software division Fenics – after which Miller became managing director – institutional sales responsible for the Lucera LUME Alfa product. These were just the latest acquisitions by TT in a bid to expand its multi-asset capabilities.

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Portfolio trading is on the up but only some can make it pay

The TRADE

Electronically, it is a relatively new phenomenon to the last four to five years, and the protocol has gained momentum alongside other forms of electronic trading that differ from request for quote (RFQ) protocols on multi-dealer platforms, as participants look to minimise their market impact and avoid information leakage.

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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. New rules have impacted almost every financial firm, ranging from banks to asset managers.

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Fireside Friday with… Standard Chartered’s Dan Burke

The TRADE

For most of my career in credit trading, the majority of traders have been accounting and finance or economics majors. I see the current credit trading environment split into three main protocols: electronic trades, voice trades and portfolio trades. The skillset of traders has evolved over recent years.

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People Moves Monday: A series of senior appointments

The TRADE

He also spent several years at Goldman Sachs in a risk management and product control role. Bloomberg appointed Colin Williams in an electronic trading and analytics solutions role. Previously, Williams served as an investment account manager at Northern Trust.

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Payment Gateway vs Payment Processor: What is the Difference?

Razorpay

It is a platform that connects your bank account to the platform where you need to transfer money. It plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal. Bank Approval: Your bank reviews the request and checks your account. What is a Payment Gateway?

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