Certain post-trade processing costs for cash securities at large broker-dealer firms could be reduced by 20-25% through automation, according to a recent survey of nine of the world’s leading broker-dealer firms by The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry.
All content with RSS
Luminex Trading & Analytics LLC, a buy side-owned trading venue delivering efficient, low-cost block executions, announced the launch and rollout of a dramatic speed upgrade to the matching engine behind its unique buy side-only dark pool.
Cypherium, the enterprise-focused blockchain platform facilitating interoperability between blockchains and Central Bank Digital Currencies (CBDCs), has today announced the company has concluded its public sale round and has now raised $28m through the sale of its native token, CPH.
HSBC announced two new senior technology roles to drive forward the bank’s digitalisation, including to improve customer experience and to create innovative growth opportunities.
Kate Platonova has been promoted internally to Chief Data and Architecture Officer. Catherine Zhou joins the bank as Global Head of Venture, Digital Innovation and Partnerships. Both roles will report to Group COO, John Hinshaw.














