The first Luxembourg-domiciled fund investing fully in crypto assets is expected to launch in less than six months, with necessary regulatory and compliance work underway. Q Securities, an investment firm acting as the depositary for Luxembourg-domiciled alternative investment funds (AIFs), says it has informed the Grand Duchy’s regulator that is intends to offer depositary services for crypto funds in Luxembourg.    Crypto assets are digital assets covering a broad investment asset class comprising cryptocurrencies and other digital assets, objects whose value has been moved to blockchain. The market is soaring, with Chainalyst reporting a 567 per cent year-on-year transaction volume

Exchange Data International (EDI) Global Market and Public Holidays service has expanded to include provinces, regions and city-based holidays. Holiday data information is delivered via the EDI web platform, SFTP files and API. Subscribers of the online service can easily view holidays for the current month with the calendar view and set up daily email alerts to receive up-to-date information. With holiday observances for the next 30 years and historical data from 2001, the service covers over 2500 institutions, including Exchange & Trading Venues, Exchange Clearing, Banks, Bank Clearing, and Country Currency. In addition, the service includes the USA and

The Depository Trust & Clearing Corporation (DTCC) has launched its enhanced Institutional Trade Processing (ITP) service, ITP Data Analytics. The new service includes powerful analytical tools that enable Broker/Dealers and Investment Managers to measure and compare their operational performance against counterparties, industry standards and peers.    ITP Data Analytics, which replaces DTCC’s legacy Benchmarks service, consumes underlying daily transaction activity from CTM, DTCC’s post-trade central matching service. Firms’ data is aggregated and analysed across multiple metrics and dimensions, providing insights on operational performance across asset classes as well as comparisons to industry averages, counterparty timeliness and efficiency. The data is

MEMX, a market operator founded by a diverse group of participants to benefit all investors, is to launch a US options exchange.

Trading Technologies International, a provider of professional trading software, infrastructure and data solutions, has acquired RCM-X, a technology provider of algorithmic execution strategies and quantitative trading products. TT made the announcement at a session with leaders of many of the largest global financial institutions on the first day of the 2022 International Futures Industry Conference in Boca Raton, Florida. Both firms are based in Chicago. The agreement represents the first acquisition since TT was acquired by 7RIDGE in December 2021, when the technology firm announced plans to grow the organisation organically and through acquisitions. Terms of the transaction have not

Tokenise, a new ownership exchange for security tokens, including fractional ownership and royalties, is partnering with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange. Tokenise is set to be among the world’s first fully regulated global stock exchanges for security tokens. It offers investors and issuers a self-service digital interface that provides 24/7 direct market access. Tokenise’s exchange is used for capital raising, primary issuance, secondary trading, clearing, settlement and registration of security tokens in, for example, buildings, artworks and land. With its digital platform, ScribeStar has transformed

Options Technology, a provider of cloud-enabled managed services to the global capital markets, has secured its fifth Microsoft Gold Partner Status in the “Communication” competency. The accolade of Gold Partner Status is awarded to only the top 1 per cent of Microsoft partners and is a recognised mark of the highest standards of technology and business performance worldwide. Microsoft’s Communication competency proves Options’ technical capabilities in implementing unified communications strategies for customers by designing, planning, deploying, and maintaining Microsoft Business solutions across cloud and hybrid environments. This achievement is the latest addition to Options’ global cloud-agnostic platform. It follows the

Exegy Inc, a specialist in high-performance market data, predictive signals, trading platforms, and execution technology, has unveiled its expanded product portfolio that provides more comprehensive solutions across the capital markets ecosystem. Following its 2021 merger with Vela Trading Systems and backed by Marlin Equity Partners, Exegy’s key focus has been consolidating and enhancing its product suite under the Exegy brand and optimising service delivery.   The Exegy portfolio now includes these key capabilities: Market Data: Exegy’s new consolidated feed, Axiom, adds to the existing and patented hardware and software ticker plant offerings, providing high-quality market data access to firms of

Aquis Exchange (AQXE), the pan-European large and mid-cap equities trading arm of Aquis Exchange PLC, is to assume the business activities of UBS MTF, the non-displayed matching pool of UBS MTF Limited (a subsidiary of UBS AG), subject to regulatory approval and completion. From a Member perspective, the shift in ownership is planned to be seamless with no disruption to the service as there will be no immediate regulatory or technical changes necessary. Clients, including UBS, will continue to benefit from an efficient, cost-effective marketplace with significant liquidity.   Once the transfer is complete, the venue will be known as

Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and KRM22 plc (AIM: KRM), the technology and software investment company that focuses on risk management for capital markets, have revealed the first two KRM22 risk offerings that Trading Technologies is integrating into the TT platform. The companies made the announcement at the start of the 2022 International Futures Industry Conference in Boca Raton, Florida. In the second quarter, TT will launch KRM22 Limits Manager, a limit management system designed by KRM22 to combat time-consuming and potentially error-prone pre-trade risk processes by automating, maintaining