Solutions
TMX Group has launched the new TSX Market on Close (MOC), a facility designed to enable investors to source liquidity and participate in trades at the closing price.
The new features of the enhanced MOC facility are aimed at providing clients with an improved trading experience, and delivering benefits to the broader Canadian capital markets ecosystem with increased efficiency in determining end-of-day valuations for eligible Toronto Stock Exchange (TSX) and select TSX Venture Exchange (TSXV) listed issues.
“We are proud to introduce the new and improved TSX MOC, an adaptive response to industry needs and a significant step forward
Options Technology, a provider of Capital Markets services, backed by Abry Partners, is to acquire ACTIV Financial. The financial terms of the agreement have not been disclosed.
As a long-term provider of global capital markets services including cloud-enabled managed solutions, global trading infrastructure and telemetry analytics services, this deal reinforces Options’ commitment to continually add value and optimise their offering to capital markets firms.
ACTIV Financial is a global provider of real-time, delayed, historical and enriched multi-asset financial market data and offer a wide range of industry-leading solutions in a true Enterprise data platform. The combination of Options’ core services
Digital asset investment products saw inflows totalling USD80 million last week, according to the latest Digital Asset Fund Flows Weekly report from CoinShares.
Total assets under management are now USD72.3 billion, their highest level on record.
Bitcoin saw the largest inflows, totalling USD70 million, marking the 5th consecutive week of inflows.
Polkadot and cardano saw continued inflows totalling USD3.6m and USD2.7 million respectively, while ether saw minor outflows totalling USD1 million.
MarketFactory, part of ION Markets, a global provider of trading, analytics, and risk management solutions for capital markets, has partnered with Tradefeedr, an independent FX data and analytics provider.
The Tradefeedr data and analytics platform is now fully integrated within MarketFactory, enabling clients to review their trading markouts, impacts, and spreads directly with liquidity providers, using a common platform and shared data sets. Tradefeedr’s data analytics solution will be available as an add-on to new and existing customers using the award-winning MarketFactory service.
Tradefeedr has created a common, truly independent FX trading database allowing market participants across the sell-side, buy-side,
Digital Asset Research (DAR), a provider of crypto asset data and research, has released its October 2021 Crypto Exchange Vetting and Asset Vetting results.
In an environment where cryptocurrencies trade across hundreds of lightly regulated or unregulated exchanges, DAR’s vetting processes meet an industry-wide need for reliable crypto data by applying institutional-level diligence to digital asset markets.
Over 450 exchanges were evaluated to identify 21 Vetted Exchanges: Binance.US; bitbank; Bitfinex; bitFlyer; BITFRONT; Bitso; Bitstamp; Bittrex; CEX.IO, Coinbase; Coincheck; CoinField; Gemini; GMO Coin Co.; itBit; Kraken; Liquid; LMAX; Luno; Okcoin; and Zaif. B2BX and VCC Exchange were removed from the list
Gadze Finance has launched a DeFi focused crypto fund with an initial USD25 million under management, growing to USD100 million over the coming six months.
The new fintech startup launched by Mike Silagadze and Andrew McGrath aims to democratize access to safe crypto investing strategies. Gadze Finance is based and operated in Cayman Islands.
Crypto is a USD2 trillion asset class, and DeFi (decentralised finance) is a rapidly growing USD100 billion segment where quick and efficient smart contracts, rather than central financial intermediaries, power financial transactions. Productive assets that are being built on DeFi that span finance, gaming, and art.
Alternative investment platform CAIS is working with the Milken Institute to provide expanded access by wealth managers to educational content from the 24th annual Milken Institute Global Conference, taking place October 17-20 in Beverly Hills, California.
This year’s Milken Institute Global Conference is centred on the theme “Charting a New Course,” and will examine the disruptions and innovations precipitated by the global pandemic, as well as ensuing social crises and economic hardships, can be reframed for a thriving future.
CAIS Founder and CEO Matt Brown will moderate a private session on “The Future of Wealth Management” at the conference discussing
Bitfinex, a digital token trading platform for institutional investors in the bitcoin space, has doubled its server capacity.
Bitfinex has increased the volume of heavy duty servers at its Zug-based data centre amid surging demand to trade digital tokens among hedge funds, institutional investors and family offices. The expansive server capacity provides participants from incumbent markets with a level of service on a par with that provided by major stock exchanges.
The heavy duty computational power available on Bitfinex is enabling funds to translate trading strategies from conventional markets into the digital token space. Funds on Bitfinex are deploying
Piper Sandler Companies is to acquire Cornerstone Macro, an independent research firm that offers macro research and equity derivatives trading to institutional investors.
Upon closing, Cornerstone Macro will continue providing its research as Piper Sandler & Co’s macro research team.
Founded in 2013, Cornerstone Macro brings 50-plus professionals, including 21 research analysts, to Piper Sandler. Cornerstone Macro produces high quality, thought-leading macro, thematic and quantitative research on global economics, fiscal and tax policy, monetary policy and global asset allocation, portfolio strategy, energy and renewables, and technology. In addition, Cornerstone Macro’s options strategy team provides industry-leading derivative strategy and trading. Cornerstone
Optiver, a global market maker, has launched its corporate strategic investment initiative, Optiver Principal Strategic Investments (PSI).
For more than 35 years, Optiver has been committed to improving global financial markets at every stage, for all parties involved. Through Optiver PSI, the firm seeks to build upon this mission by partnering with entrepreneurs shaping the financial markets of the future.
Historically, Optiver has been focused on its core activity of making markets in listed derivatives and equities. Through pricing, execution and risk management, the firm’s 1300+ employees have remained steadfast in their shared commitment to improving the market. In
