Marex has expanded its prime brokerage capabilities with the launch of a proprietary liquidity aggregation platform covering foreign exchange and precious metals, targeting hedge funds, asset managers and other professional investors.

OptionMetrics has made its suite of historical and intraday options data and analytics available through Snowflake’s private cloud marketplace, allowing investors and quant researchers to access and analyse derivatives data without maintaining their own storage infrastructure.

Kalshi is strengthening oversight of its rapidly expanding prediction markets through a multi-year partnership with Nasdaq Market Surveillance, giving the exchange access to institutional-grade tools designed to detect potential market abuse across its trading venues.

Artificial intelligence startup KelAI has secured $5m in seed funding to accelerate development of an autonomous research platform designed for hedge funds and other institutional investors, according to a report by CityBiz.

Bank of New York Mellon is preparing for round-the-clock settlement in US Treasuries as the growth of stablecoins and other tokenised assets begins to put pressure on traditional financial market infrastructure, according to a report by Bloomberg.

Trump Media & Technology Group is seeking to charge hedge funds and proprietary trading firms as much as $100,000 a month for faster access to Donald Trump’s posts on Truth Social, potentially turning the US president’s social media activity into a premium source of market intelligence, according to a report by the Financial Times.

Brokerage infrastructure provider Alpaca has secured $435m in new funding as it accelerates plans to expand into institutional markets, including hedge funds, market makers and potentially prime brokerage services, according to a report by Bloomberg.

Equity-focused investment manager TimesSquare Capital Management has selected Bloomberg’s buy-side technology platform to integrate its portfolio analytics and research management capabilities into a single investment workflow.

FlexTrade Systems has partnered with portfolio analytics specialist Portx to expand the real-time risk management and portfolio construction capabilities available through its FlexONE order and execution management system (OEMS).

CME Group has introduced a new trading tool designed to simplify execution of US Treasury basis trades, a strategy widely used by hedge funds that has attracted increasing scrutiny from financial regulators over its potential impact on market stability, according to a report by the Financial Times.