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CySEC revokes the AIFM license of Drayton Park Advisors.

TraderKnows
TraderKnows
05-10

CySEC has revoked the AIFM authorization of Drayton Park Advisors; Citadel Securities appoints Ioana Scripcaru as Head of Sterling Trading.

CySEC Revokes AIFM Authorization of Drayton Park Advisors

The Cyprus Securities and Exchange Commission (CySEC) announced on November 6th that it has revoked the Alternative Investment Fund Manager (AIFM) authorization of Drayton Park Advisors Ltd (license number AIFM55/56/22013), marking the second license revocation by the regulatory body this month.

Citadel Securities Appoints Ioana Scripcaru as Head of Sterling Trading

Citadel Securities has appointed Ioana Scripcaru as the Head of Sterling Trading. Scripcaru previously served at BNP Paribas as a Sterling Swaps Trader for seven years, before being promoted to the position of Head of Sterling Trading in July 2021.

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Swap Transaction

A swap transaction, also known as a mutual exchange transaction, refers to an agreement between two parties to exchange a specific asset's cash flows at a future date.

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