SteelEye, a compliance technology and data analytics firm, has launched a new Order Book Replay service, which is designed to facilitate more precise and rigorous market abuse surveillance. The tool enables organisations to playback a trading session and more thoroughly analyse market movements, allowing compliance teams to play, pause, rewind, fast forward, slow down and speed up order book activity to gain a full understanding of what has taken place – visually showcasing the overall balance of the book against market price levels and spreads.  The solution also highlights where trading activity might be indicative of market abuse behaviours like

The European Digital Assets Exchange – EDSX – has completed the compliance procedure to provide a secondary market for security tokens for institutional and retail investors and plans to open it in Q3 2022. EDSX, founded back in 2019 and based in Zug, has gone through a long compliance procedure, almost two years and a half, to be able to provide today one of the first platform in Europe to trade and exchange security tokens. EDSX has created a demo of secondary market and made it available on its platform. The launch could help the security token issuing and asset

Lighthouse Platform Services, a division of Lighthouse Investment Partners, has restructured as Luniane Partners. The Luminae team has longstanding experience as a managed account investor, primarily in hedge funds, servicing Lighthouse.  This experience has enabled the team to methodically build a platform to structure investment vehicles, onboard managers, manage daily operations, safeguard assets and oversee risk as a fiduciary for the past 22 years. Within the evolving platform services landscape and as a tailored solutions boutique, Luminae is focused on strategic growth aligned with client needs.  Luminae, managed by Co-Heads Rob Swan and Joe Aurilio, currently has a team of

big xyt, an independent provider of smart data and execution analytics solutions to the global trading and investment community, has been selected by Cowen Execution Services Limited (CESL), a wholly owned subsidiary of Cowen Inc, to further strengthen Cowen’s European equities trading platform and help identify unique liquidity opportunities for its clients. By providing granular metrics alongside bespoke dashboards, big xyt will give CESL an edge in navigating Europe’s complex equities markets.

Bybit, one of the world’s fastest growing cryptocurrency exchanges, has completed its integration of MetaTrader 4 (MT4) for forex (FX) and contract for differences (CFD) trading. MT4 offers advanced technical analysis, a flexible trading system, and algorithmic trading tools. Developed by MetaQuotes, MT4’s functionalities on Bybit will be available to all Bybit users. Upon launch, Bybit users can trade USDT perpetual contracts 24/7, with low spreads, while leveraging on our deep liquidity. They can also integrate Expert Advisors for an automated trading experience, allowing them to integrate their trading scripts from other providers offering MT4.

Trading activity in blocks and exchange for related positions (EFRPs) across CME Group’s listed FX products is up more than 280 per cent for the year-to-date versus the same period in 2021. The activity has contributed significantly to the total average daily trading volume of USD110.9 billion during March, with FX options volumes in contract terms increasing to 21.7 per cent in 2022 compared with March 2021. Over 20 liquidity providers are able to facilitate blocks, large privately negotiated trade orders, and EFRPs, whereby cleared, listed futures positions are exchanged for related OTC positions or vice versa. Blocks and EFRPs

Based on Nasdaq technology, SIX successfully launched its new clearing IT infrastructure for the Nordic markets on 28 March 2022. The platform has been integrated into the SIX Post Trade Architecture (PTA) and has been in stable operation since Monday 28 March. The improved IT infrastructure will enable the clearing of 10 million trade legs per day, with SIX expecting an increase in the number of cleared trades going forward. SIX intends to extend the markets and trading venue coverage for Swiss clearing onto this new platform as the next step of its evolution.   The upgrade will provide numerous

Hazeltree, a provider of integrated treasury and liquidity management solutions for investment managers, and LGT Capital Partners have completed the initial phase of implementation of Hazeltree’s cash and liquidity management solution. This phase is focused primarily on aggregating and automating LGT Capital Partners’ cash wires activity, replacing a legacy application. It establishes the platform for further enhancing LGT Capital Partners’ fund financial management operations by aggregating, optimising and improving execution of its cash, debt and liquidity management processes.

Luxembourg fund administrator, EFA, has selected NeoXam for a core Trade Settlement service based on NeoXam Tracker3, with a strong focus on the CSDR (Central Securities Depositories Regulation) requirement, alongside a bespoke digital reporting project. NeoXam Tracker3 allows EFA Middle Office service to track the entire settlement process of all active trades in near real-time. A dedicated online dashboard application has been designed to enable EFA’s clients to have digital access to the settlement status of their trades. NeoXam’s software is designed to meet CSDR’s objectives of improving the efficiency and transparency of settlements in Europe. EFA is an independent

BlockFills, a global digital asset trading and financial technology company, has integrated with Sudrania Fund Services Corp (Sudrania), a specialist in digital assets fund administration. The integration pairs two forces in the digital asset trading industry to provide improved customer service and access to traders around the world.   Using BlockFills’ industry-leading API, Sudrania’s global network of clients, who are seeking deep spot liquidity, derivatives, and lending services, will now be able to pull transaction data, balances, and history automatically and significantly ease reporting and administrative tasks. BlockFills’ market-leading end-to-end API features near instantaneous execution through the company’s liquidity network,