DTCC's SFTR Community Grows to Over 160 Firms as Industry Readies for 2020 Deadlines
- 4 years 10 months ago
- Trading Systems, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that 138 clients have signed up to adopt, and more than 30 vendors have partnered with, DTCC’s multi-award winning Global Trade Repository (GTR) service, in order to meet their regulatory obligations under the forthcoming European Securities Financing Transactions Regulation (SFTR).
EquiLend: Five New Counterparties Join NGT Securities Finance Trading Platform
- 4 years 10 months ago
- Trading Systems, Data
EquiLend, the global technology company for the securities finance, collateral and swaps industries, announced the addition of five new counterparties to its NGT securities finance trading platform: DZ Bank AG, E*Trade, Janney Montgomery Scott, Matsui Securities and TD Ameritrade. NGT is EquiLend’s multi-asset class trading platform for the securities finance marketplace, on which more than 100 firms worldwide are now actively trading.
Bitcoin Trade at Settlement Market Executes First Trade
- 4 years 10 months ago
- Trading Systems, Bitcoins
Tassat, a global provider of financial technologies and products for traditional and digital asset markets and Blockfills, a global leader in digital asset electronic market making, trading and prime brokerage, announce execution of the first trade on the newly launched institutional Trade-at-Settlement (TAS) service for spot Bitcoin (BTC/USD).
Tourmaline Partners Adds Two Senior Staff to Sydney Office
- 4 years 10 months ago
- Trading Systems
Tourmaline Partners, LLC, one of the world's leading outsourced trading solutions firms, today announced the hire of Joe Hodgkins as a senior trader. He will be based at the firm’s Asia-Pacific office in Sydney.
Hg invests in smartTrade to accelerate its growth
- 4 years 10 months ago
- Trading Systems
Hg, Europe’s leading software investor, today announced that it has entered into an agreement to acquire stakes from Keensight Capital and Pléiade Venture in smartTrade Technologies (“smartTrade”), a leader in multi-asset electronic trading solutions, headquartered in Aix-en-Provence, France. David VINCENT, CEO & co-Founder, and the smartTrade management team will remain invested in the business alongside Hg.
THETA Trading Hires Peter Meddemmen as CTO
- 4 years 10 months ago
- Trading Systems
THETA, the specialist provider of buy-side trading technology as a service, has appointed Peter Meddemmen as its Chief Technology Officer. Industry leading technologist, Peter has more than 30 years of experience in Capital Markets managing technology for multi-asset solutions across the full order-execution life cycle, including front to back workflows, risk, security, legal and regulatory framework.
DTCC Launches New API Marketplace to Transform How Clients Access Services
- 4 years 10 months ago
- Trading Systems, Infrastructure
The Depository Trust & Clearing Corporation (DTCC), the premier market infrastructure for the global financial services industry, today announced the launch of its Application Programming Interface (API) Marketplace (‘Marketplace’) to provide its clients, partners and internal developers with a single, central location for APIs developed by DTCC, streamlining access to services and improving the user experience.
CQG Partners with DVeX to Offer Front-End Platforms to New Cryptocurrency Exchange
- 4 years 10 months ago
- Trading Systems, Cryptocurrencies
CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges, today announced the establishment of a partnership with DVeX, a new cryptocurrency exchange built by and for institutional traders. The firms have collaborated to offer CQG front-end platforms to DVeX clients for cutting-edge trading tools and analytics, effective immediately.
Boerse Stuttgart Crypto Trading App Attracts 81,000 Active Users In First Year
- 4 years 10 months ago
- Trading Systems, Cryptocurrencies
Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app.
Guotai Junan International launches trading operations in Hong Kong with Finastra
- 4 years 10 months ago
- Trading Systems, Asset Management
Finastra announced that Guotai Junan International (GTJAI) has gone live with Finastra’s end-to-end equities derivatives trading and cross-asset risk solution, Fusion Sophis. The move has enabled GTJAI to launch trading operations in Hong Kong following a short implementation, helping to fuel the firm’s growth and maximize market share.
Uphold Introduces Commission-Free Cryptocurrency Trading, And The World’s Easiest User Interface
- 4 years 10 months ago
- Trading Systems, Cryptocurrencies
Leading digital money platform Uphold today introduces zero-commission trading on cryptocurrencies in a milestone for the industry designed to open up affordable access to one of the world’s most important new asset classes for millions of retail investors.
Contour launches following success of bank-backed project to digitise the USD 18 trillion trade finance process
- 4 years 10 months ago
- Trading Systems
Today, a new independent global network to digitise and modernise the USD 18 trillion trade finance market has been launched under the new brand – Contour. The launch follows a series of ground-breaking live pilots in 14 countries and a global trial with more than 50 banks and corporates, which reduced processing times for Letters of Credit by over 90%, from 5-10 days to under 24 hours.
Old Mission Secures FINRA Approval to Launch New Institutional Services Business
- 4 years 10 months ago
- Trading Systems
Old Mission Holdings (“Old Mission”), a global, multi-asset class market-making firm, today announced that the Financial Industry Regulatory Authority, Inc. (FINRA) has approved a brokerage license modification for its Old Mission Markets subsidiary. The change will enable Old Mission Markets to begin offering trading services directly to buy-side institutions and ETF issuers later this year, complementing the firm’s existing market-making... more
TradeTech 2020 Unites Europe’s Top Equity Trading Leaders
- 4 years 10 months ago
- Trading Systems
TradeTech 2020 unites Europe’s top equity trading leaders including regulators, sell side, trading platforms, technology partners and over 500 senior buy side. This is your unique opportunity to join the leading buy side in using data and technology to thrive in the post-MiFID II liquidity landscape.
BMO To Buy Clearpool
- 4 years 10 months ago
- Trading Systems
Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed. Founded in 2014, Clearpool has about 60 employees and over 100 clients, primarily US broker dealers who use its trading technology and execution services. Once the deal goes through, BMO says Clearpool clients will maintain access to its technology and open architecture platform. The unit will remain independent post-... more
