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'The year has been very tough for market makers given lower volumes, uncertain regulatory frameworks across a number of jurisdictions and enhanced concerns around exchange counterparty risk,' said Richard Galvin.
Auros, the trading firm that lost $20 million in FTX’s implosion, was released from provisional liquidation by a British Virgin Island court after major debt restructuring and the investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
As part of the generational renewal of the Mota-Engil Group, the current President, Antonio Mota, and the Chairman of the Executive Committee, Gonzalo