Hedge funds and asset manager now have a new source of cryptocurrency liquidity thanks to a new partnership between B2C2 and SFOX.
Trading & Execution
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has expanded its global Product and Account Management teams with new hires in London and New York.
FX markets are unique not only in their scale but also in their complexity. There are multiple trading paradigms, and also multiple venues where trades may be executed. The FX ecosystem is highly fragmented and the case for more automation – more automated FX trade-lifecycle processes and procedures – has been clear for some time. And yet, automation hasn’t happened yet. Why not, and when will it happen? Steve French, Head of Product for Traiana, writes about the challenges to automation, its benefits, and the key steps that firms should take on their journey towards implementing automation.
European software investor Hg is to acquire stakes from Keensight Capital and Pléiade Venture in smartTrade Technologies (“smartTrade”), a specialist in multi-asset electronic trading solutions, headquartered in Aix-en-Provence, France.
THETA, a specialist provider of buy-side trading technology as a service, has appointed Peter Meddemmen as its Chief Technology Officer.
Truss Edge, a specialist technology platform for ETF and hedge fund operations, has updated its true STP Safari platform, which grew out of the operational and reporting needs of a large macro hedge fund, and now serves the front, middle and back office automation requirements of both hedge funds and ETFs.
GMEX Group (GMEX), a specialist in digital business and technology solutions for exchange and post-trade operators, and Digital Partners Network (DPN), have launched the Seychelles-based Securities, Commodities and Derivatives Exchange (SECDEX).
Pirum Systems has launched IM Instruct which is designed to help users of OTC Derivatives instruct IM to the various Triparty and Third-Party Custodian collateral venues and replace the multitude of instruction operating models by delivering a single, automated, exception-based solution.
Transaction Network Services’s (TNS) TNSXpress Managed Hosting solution is now live at the Hong Kong Exchanges and Clearing’s (HKEX) hosting data centre.
AcadiaSoft partners with Clarus Financial Technology to provide joint initial margin analytics service
AcadiaSoft, an industry provider of risk and collateral management services for the non-cleared derivatives community, is to launch a joint initial margin analytics service with Clarus Financial Technology (FT).