n the Internet Age when cross-border e-commerce is changing the landscape of world trade and economy, the international community has a historic mission to update global trade rules so that the trade regime can benefit more.

Jack Ma, founder of Alibaba, on Wednesday proposed to build a fresh global e-commerce platform which could break down existing trade barriers and enable small traders to buy and sell across borders.

SS&C Technologies Holdings appoints Ron Tannenbaum as Managing Director of Business Development for Europe, Middle East, and Africa (EMEA) in its Alternative Fund Services business, SS&C GlobeOp. He will be based in SS&C’s European headquarters in London and will report to Punit Satsangi, Managing Director, Head of Alternatives EMEA Business Development.

Mindtree joined Apigee’s Digital Partner Program. This collaboration with Apigee, a leading provider of application program interface (API) management software, enables Mindtree clients to transform their digital user experience quickly and seamlessly.

Markit is launching Markit │CTI Tax Solutions for the Common Reporting Standard (CRS) which identifies tax residency and performs due diligence on customer accounts. Barclays, Brown Brothers Harriman and other major industry participants supported the design and testing of the solution and have signed on for the service in order to meet their CRS requirements.

A  study, conducted by Apple subsidiary FileMaker, found 81 per cent of businesses are using custom apps to reduce the impact of inefficient tasks, with a further 74 per cent using the apps to increase team productivity.

The European Securities and Markets Authority (ESMA) has 

Euronext announces that the Supervisory Board has approved unanimously the appointment of Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon, CEO of Interbolsa and member of the Managing Board of Euronext N.V., pending all relevant shareholder and regulatory approvals.

A seemingly innocuous news item from my good friend John Detrixhe at Bloomberg got us all chatting here at Fidessa Towers this morning. The story was about how Eurex Clearing was going to allow large buy-sides direct membership of its derivatives clearing house. The rationale for this is entirely logical as today’s regulations treat client capital as a risk asset and therefore subject to capital ratios. In a capital constrained world then, surely Deutsche Börse is doing the FCM community a favour?

 TIM Group, operator of the market-leading global trade ideas network and alpha capture platform, has today announced that its TIM Ideas service is a compliant solution for sell-side firms needing to meet capture and disclosure requirements under new Market Abuse Regulations (MAR) due to be implemented on 3 July 2016.