Swiss financial data expert SIX has partnered with Sustainalytics to provide ESG data to its broad customer base of SIX for them to comply with new EU sustainability regulations. Sustainalytics is the first third-party specialist ESG data provider that SIX has onboarded to its distribution channels. Sustainalytics is a Morningstar company and a global provider of ESG research, ratings and data. On the basis of its data, SIX is now providing extensive ESG data sets for EU Taxonomy and the Sustainable Finance Disclosure Regulation (SFDR), which support its clients, such as banks and asset managers, with their disclosure obligations and

SmartStream Technologies, a financial Transaction Lifecycle Management (TLM) solutions provider, has launched a new regulatory solution – Trading Venue Quantitative Reporting Outlier Reconciliation – which helps firms to further meet MiFID II obligations, including assisting trading venues (non-OTC) to fulfil MiFID II RTS 2 transparency requirements. Post-Brexit, ESMA has increased the data continuity checks that trading venues must perform when reporting instrument reference and quantitative data. Any irregularities must be accounted for and mistakes re-reported, so that ESMA can meet its timelines in publishing instrument liquidity, size-specific-to-the-instrument, and large-in-scale calculations. At present, trading venues typically check their records retrospectively, on a

The trading unit of Galaxy Digital Holdings (Galaxy Digital), a global provider of blockchain and cryptocurrency financial services for institutions, has facilitated and executed the first OTC crypto transaction with Goldman Sachs Group in the form of a Bitcoin non-deliverable option (NDO). This marks the first OTC crypto transaction by a major bank in the US, as Goldman Sachs continues expanding its cryptocurrency offerings, demonstrating the continued maturation and adoption of digital assets by banking institutions.  It also represents a continuation of the Bank’s partnership with Galaxy Digital to deepen its crypto capabilities, which included facilitating the Bank’s first CME

CAIA, a global professional body dedicated to alternative investments, and the SBAI, an active alliance of alternative investment managers and institutional investors and custodian of the Alternative Investment Standards, have formed a global partnership to drive better standards and professionalism in the alternative investment industry. CAIA and the SBAI will share knowledge and collaborate on education, industry resources and transparency tools on topics including due diligence, ESG and Culture & Diversity. CAIA and the SBAI are both recognised leaders in their respective fields, with CAIA’s professional education focus complementing the SBAI’s focus on standards and industry guidance for alternative investment

B2C2, a crypto-native liquidity provider across market conditions, has joined FIA, a global trade organisation for the futures, options and centrally cleared derivatives markets, as an Associate Member, alongside global institutions supporting open, transparent and competitive markets. Established in 2015, B2C2 provides liquidity to diverse institutions globally, with 450-plus active clients in 50-plus countries. Agency OTC desks, aggregators, banks, exchanges, FX brokers and hedge funds rely on B2C2 for liquidity 24/7, especially during periods of market volatility.  B2C2 provides a full-service offering spanning spot, funding and derivatives.  From the outset, B2C2’s trading technology has delivered transparency, efficiency and best practice

Score Priority Corp (Score Priority), a financial technology and brokerage firm founded by former hedge fund traders, has launched a new corporate brand – Lime Financial. Lime Financial offers a full suite of trading, advisory and fintech solutions to a broad base of traders, investors and developers. Lime clients can trade equities, futures and options, including multi-leg options. Enhanced access is provided through Lime Trader, a proprietary web-based platform, as well as a mobile app, third-party front ends and application programming interfaces. Since 2000, Lime Financial’s low latency, Direct Market Access (DMA) gateway and client-centric service have supported hedge funds,

Atlendis, a DeFi lending protocol that enables crypto loans without collateral, is partnering with X-Margin, the credit oracle risk engine for trading firms and institutions, to enable capital-efficient crypto borrowing and lending. The partnership will accelerate the adoption of uncollateralised loans on the blockchain, by using proven methodologies to reduce the inherent risk of DeFi lending. The Atlendis protocol will create a more capital-efficient environment. X-Margin’s privacy preserving technology will be integrated with the Atlendis protocol. X-Margin will enable the measurement of institutional borrower creditworthiness by computing a credit risk evaluation without revealing the sensitive underlying data.  X-Margin straddles CeFi

SIX and LMAX Group, an operator of institutional exchanges for FX and crypto currency trading, have partnered to launch cash-settled, centrally cleared crypto-asset futures (crypto futures). The launch, expected in Q3 2022 pending regulatory approval, will initially include centrally cleared USD settled bitcoin and ether futures, trading 23 hours, five days a week, with the full product roll out to be extended to 24/7 trading.