Spectrum Markets, a pan-European trading venue for securitised derivatives, has released its first Quarterly Business Update of the year, revealing that trading volume grew by 44% year-on-year. Some 300 million securitised derivatives were traded on the exchange from January to March, compared to 207 million during the same period the previous year, underlining the firm’s continued strong growth.    Spectrum Markets also reported on the total value of turnover, which hit €771 million for the first quarter, an increase of 188% on Q1 2021. Daily trading volumes have continued to increase steadily during the period, hitting a new daily high

Intercontinental Exchange, a global provider of data, technology and market infrastructure, has launched a data solution for the European Union Sustainable Finance Disclosure Regulation (EU SFDR). By requiring more transparency and standardisation in the products offered by asset managers, the EU SFDR is designed to help investors compare among the growing number of investments with sustainable objectives. To achieve this goal, the EU SFDR requires financial market participants and financial advisors, at the firm-level and product-level, to identify and disclose sustainable impacts and whether and how each financial product considers enumerated Principal Adverse Impacts (PAIs), as defined in the Technical

FIS and Fireblocks are teaming to provide enterprise-grade digital asset investing and wallet technology, lending and decentralised finance (DeFi) to FIS capital market clients. Leveraging the Fireblocks platform, FIS capital markets clients can move, store and issue digital assets, and gain access to self-custody digital asset wallet technology, an asset transfer network and tools to access staking, DeFi and other more advanced forms of digital asset exposure. FIS continues to expand its portfolio of crypto and digital asset offerings for clients across multiple markets, including card-to-crypto and other money movement services for four of the top five cryptocurrency exchanges. The

FalconX, a digital assets and cryptocurrency platform for institutional investors, says it has become the first and only cryptocurrency swap dealer registered with the National Futures Association (NFA) and one of the first crypto-focused Primary Level Members of the International Swaps & Derivatives Association (ISDA). The registration solidifies FalconX as the most comprehensive prime broker for digital assets, offering the only platform that gives institutional investors access to the fast-growing OTC crypto derivatives market to conduct safe and regulated trading.    With this new registration, FalconX clients can now enter into forwards, options and swap transactions with the industry’s most

As the US government advances its analysis into the risks and benefits of a Central Bank Digital Currency (CBDC), The Depository Trust & Clearing Corporation (DTCC), has developed a first prototype to explore how a CBDC might operate in the US clearing and settlement infrastructure leveraging distributed ledger technology (DLT). The prototype, known as Project Lithium, will measure the benefits of a CBDC and inform the future design of the firm’s clearing and settlement offerings. It will also explore how a CBDC could enable atomic settlement, a conditional settlement that occurs if delivery and payment are both received at the

Stifel Financial Corp, Eaton Partners – a Stifel Company – and RCP Advisors (RCP), a subsidiary of P10, Inc. (NYSE: PX), today announced the launch of Twelve Degrees, a strategic partnership focused on investing in and providing capital solutions to leading emerging and first-time alternative investment fund managers. Twelve Degrees will combine Eaton’s capabilities as one of the largest global placement agents and financial advisory firms with RCP’s access to lower-middle-market private equity fund managers. Twelve Degrees will provide flexible capital solutions, strategic advice, back-office infrastructure, access to broader Stifel banking services, and global distribution, capital formation, and marketing capabilities

QPQ, a deep tech enterprise focused on realising the programmable economy, has unveiled a new network protocol with a suite of security, scalability and interoperability tools. When launched, it will provide a single means to access all major Distributed Ledger Technology (DLT) networks, services and trading venues.

insightsoftware, a global provider of reporting, analytics, and performance management solutions that drive greater financial intelligence, has expanded its Angles product line, with the launch of new solutions for no-code operational reporting for NetSuite and Deltek.  The original Angles product family, including Angles for SAP and Angles for Oracle, came to insightsoftware via its acquisition of Magnitude Software. Recognising a need for better operational analytics, insightsoftware leveraged award-winning technology from Logi Analytics to provide NetSuite, Deltek Vision, and Deltek Vantagepoint users the ability to customize, create, and share interactive dashboards and reports across all departments of a business. Angles products

Derivatives marketplace CME Group and CF Benchmarks, a provider of cryptocurrency benchmark indices, are to launch 11 new cryptocurrency reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning 25 April. These reference rates and indices are not tradable futures products. They are: algorand (ALGO); bitcoin cash (BCH); cardano (ADA); chainlink (LINK); cosmos (ATOM); litecoin (LTC); polkadot (DOT); polygon (MATIC); solana (SOL); stellar lumens (XLM); and uniswap (UNI) CME CF Reference Rates and Real-Time Indices are based on robust methodologies that have regular expert oversight and are designed to meet the growing need for

Appital has integrated with FactSet’s Enterprise Execution Management System (EMS), giving clients access to Appital’s bookbuilding platform. The integration of Appital’s bookbuilding platform in FactSet’s Portware Enterprise EMS automates what has traditionally been a highly manual process, while at the same time giving buyside traders the ability to place very large orders or participate in unique liquidity opportunities. FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, has a strong history of innovation, and its multi-asset class Portware Enterprise EMS helps the world’s largest asset managers and hedge funds navigate the challenges of complexity and scale