Kraken, one of the largest cryptocurrency exchanges by euro trading volume, has more than doubled the number of trading pairs available to clients using both the British pound sterling (GBP) and the Australian dollar (AUD).
Trading & Execution
Citi has launched a new suite of intelligent execution algorithms for global listed derivatives. These algorithms have been specifically engineered for the futures markets and are available across all major exchanges in the North America, Europe and Asia Pacific regions.
IHS Markit is developing a USD credit spread adjustment for SOFR which utilises transaction data on commercial paper, certificates of deposit and corporate bonds issued by banking institutions.
Genesis, a global financial markets software firm, has launched FX Prime, a trade capture application developed for FX & rates trading desks with Prime Broker integration.
Digital token trading platform Bitfinex is to launch trading for ETH 2.0, allowing its users to exit or enter an ethereum (ETH) 2.0 staking position.
Pragma, an independent algorithmic trading technology provider, has launched a new generation of deep-learning enabled execution algorithms.
New data released by Trading Platforms indicates that it costs USDF25.2 million per day in electricity to process bitcoin transactions. The consumption cost is based on bitcoin’s 30-day average transaction of 328,418 as of 17 January, 2021, and the energy footprint per 1 BTC transaction confirmation of 612 kWh equivalent to USD76.74.
Tourmaline Partners, an independent outsourced trading solutions firm, has marked the 10th anniversary of its business.
Cobalt, a foreign-exchange (FX) and digital asset infrastructure provider, has partnered with Baton Systems, a provider of post-trade solutions for capital markets.
CME Group's BrokerTec, a provider of electronic trading platforms and technology services in fixed income markets, has successfully migrated its European government bonds and repo trading platform to CME Globex.