Glue42, a provider of integrated desktop solutions to financial institutions globally, and LodeStar Ecosystems, a fintech startup behind LodeBot, an AI-powered, personal digital assistant for brokers, traders and asset managers, have established a formal partnership to further improve the productivity and workflow for buy and sell side teams.
Trading & Execution
TriOptima, an infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, has extended data connectivity between The Depository Trust & Clearing Corporation (DTCC) Global Trade Repository (GTR) service and TriOptima's triResolve platform.
OneChronos is to launch a new AI-powered dark pool/alternative trading system designed to provide fully customisable solutions for traders who want to minimise information leakage and maximise opportunities for price improvement.
Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and the Institutional Services division (IS) of inter dealer broker TP ICAP, have signed a multi-year agreement whereby TP ICAP will utilise TT’s new Order Management System (OMS) solution.
Trad-X, a platform for interest rate derivatives, has added UniСredit as a dealer and ACTIAM as a non-dealer to its dealer-to-client (D2C) electronic central limit order book (CLOB).
Bitfinex, a state-of-the-art digital asset trading platform, has launched paper trading, a demo account service that enables users to practice strategies without putting funds at risk in a live account.
OKEx's latest improvement to the matching engine called Trading System 3.0 has resulted in a notable 90 per cent-plus improvement on latency, according to Lennix Lai, Director of Financial Markets of OKEx.
European traders are backing a 90-minute reduction in trading hours in a bid to concentrate liquidity creating more efficient markets.
The latest data from FXLIQUIDITY, provided by Mosaic Smart Data, CLS and MUFG, reveals that FX volumes dropped by between 10 and 25 per cent across all currency groups between 22 and 26 June.
AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives community, has partnered with derivatives analytics firm OpenGamma to simplify the workflow for compliance of Phases 5 and 6 of the Uncleared Margin Rules (UMR).