The Depository Trust & Clearing Corporation (DTCC) has selected IBM, in partnership with Axoni and R3, to provide a distributed ledger technology (DLT) framework to drive further improvements in derivatives post-trade lifecycle events. The firms will work to re-platform DTCC’s
Alpha-I, which researches and develops quantitative investment strategies, has launched via the Lawson Conner platform. Alpha-I is currently growing its technical team and validating its trading strategies. The global hedge fund industry holds more than USD3 trillion in assets. Roughly
Ipreo, a provider of market intelligence and productivity solutions to financial services and corporate professionals, has implemented Investor Access, which allows investors to electronically submit orders directly to the sell-side syndicate banks on fixed-income new issues. A five-year GBP-denominated covered
Metamako, a leader in specialist FPGA-enabled high-performance networking platforms, has teamed with Velocimetrics, a provider of intelligent, business flow tracking and performance analytics, to provide MiFID-compliant timestamping. Metamako’s low-latency, FPGA-enabled network devices will deliver lossless data capture and nanosecond-precision timestamping; Velocimetrics’
CME Group is planning to launch bitcoin futures in Q4 2017, pending regulatory approval. The new contract will be cash-settled, based on the CME CF Bitcoin Reference Rate (BRR) which serves as a once-a-day reference rate of the U.S. dollar
Nasdaq’s Nordic Fund Market (NFM) has launched on the Bricknode Marketplace, allowing the Swedish company’s users to become Nasdaq customers and do business with more than 5000 funds in the EU. “Our goal is to be the number one cloud
TMX Group Limited (TMX Group) is to acquire London-based Trayport Holdings Limited, and its US-based affiliate, Trayport Inc – a provider of pre-trade energy solutions for traders, brokers and exchanges – from Intercontinental Exchange (ICE) for GBP550 million (CAD931 million)
ICE Futures Europe expects to launch a new one month, cash-settled futures contract based on the Sterling Overnight Index Average (SONIA) rate on 1 December, 2017. “We are pleased to introduce SONIA futures to our Sterling interest rate portfolio alongside
Huobi Futures, the crypto derivatives market of Huobi Group, is to launch bitcoin (BTC) options for trading on 1 September 1st at 10:00 UTC. The new options product follows the successful roll-out of Huobi Futures’ Perpetual Swaps earlier this year
Eurex Global Securities (EGS) has signed an exclusive agreement with DKG Group for trading on its new advanced and streamlined dark pool trading platform, the European Global Trading Platform (ETGP). Dark pool trading began to emerge in early 2000s, mainly
