Solutions
CREAM Finance, a decentralised lending protocol, will be the first protocol in the decentralised finance (DeFi) space to offer a euro-backed stablecoin with the addition of tether tokens pegged to the euro (EURt).
Read the full story at Institutional Asset Manager…
Glue42 has released new functionality to help firms bring an optimal trading experience and efficient operation in days versus weeks. The new release, Glue42 Enterprise 3.12, focuses less on individual applications and extends the workspace concept with an enterprise store that allows users to search for business solutions with best outcomes.
Read the full story at Institutional Asset Manager…
The European Energy Exchange (EEX) is set to expand its product range with the launch of new long-term power futures expiries. From 27 September onwards, EEX will extend the number of tradable yearly maturities for German, Italian and Spanish Power Futures from the current six to ten calendar years.
This enhancement will enable customers to hedge their price exposure up to 10 years in advance which will further promote the integration of renewable energy into the power market.
Renewables are widely recognised as the most cost-efficient way to add new capacity for power production. However, financing can prove difficult when
Symbridge, a digital asset exchange purpose-built to meet the needs of institutional and accredited investors, has appointed risk and compliance veteran Joshua Oliver as Chief Compliance Officer.
Read the full story at Institutional Asset Manager…
Macrobond, a provider of global economic, aggregate financial and sector data for finance professionals, has onboarded an additional 32 customers globally in Q2 2021, including economic consultancies, corporates, asset managers and large pension funds – the most significant growth for any quarter since the company was founded in 2008.
BSO, an infrastructure and connectivity provider, has upgraded its main routes between Shanghai and key financial hubs in London, Hong Kong and Tokyo. The upgrade delivers the fastest connectivity to Shanghai equities and futures markets of any provider and bolsters BSO’s position as the reputed market leader in low-latency connectivity.
Read the full story at Institutional Asset Manager…
This Hedgeweek special report, produced in conjunction with Enfusion, examines why asset managers are making the switch to cloud-based technology solutions – and what the key considerations are they need to think about before, during and after they move to the cloud.
Cryptocurrency exchange Bitstamp is to launch trading of tether tokens pegged to the euro (EURt), the first euro-pegged stablecoin, providing a liquid and stable means of obtaining exposure to the single European currency.
EURt will enable Bitstamp customers to deposit euro (EUR) and swap, transfer or trade it to a stablecoin, while retaining the same value and without losing funds on Forex volatility.
Users will be able to trade in their own fiat currency and no longer be required to use another stablecoin as an intermediary before making a deposit, saving them both time and money in the process. Bitstamp
A new quantitative trading client, Dark Forest Technologies, is now live on FlexTrade Systems’ OEMS platform – FlexONE.
Dark Forest, a systematic hedge fund, will utilise FlexONE’s scalable, high-performance capabilities to seamlessly consolidate all quantitative and systematic trading capabilities onto one platform and leverage FlexTrade’s related suite of fully integrated real-time trading API’s to automate the intake and throughput of orders in their pursuit of alpha-driven best execution strategies.
Michael DeAddio, Chief Operating Officer at Dark Forest Technologies, says: “FlexONE simplifies the coding and back-end efforts needed to support our high volume, international, multi prime broker business. We can now
Exberry, a marketplace and exchange technology pioneer, has partnered with Arcadier, a marketplace builder company, to provide technology for the next generation of marketplaces.
Many marketplace clients today are looking for a turnkey solution that is quick and easy to deploy, while still having all of the robust features of an established exchange. The growing trend of alternative marketplaces stem from the fact that businesses and consumers today are looking for a more transparent way to make purchases and smarter buying decisions. They want control and choice, to pay a fair price by placing a bid or reserve on a
