Solutions
INX Limited (INX), the owner of blockchain-based platforms for trading digital securities and cryptocurrencies, is to list the INX Token, which was previously offered in the world’s first public offering of a digital security registered with the US Securities and Exchange Commission (SEC), on the INX Securities trading platform at securities.inx.co on 28 July at 9:00am EDT.
Read the full story at Institutional Asset Manager…
Baton Systems (Baton), a market solution transforming asset movements and settlements, has became a signatory to the updated FX Global Code, underscoring its commitment and support to firms keen to eliminate settlement risk by enabling real time, payment-versus-payment (PvP) settlement for all market participants.
Read the full story at Institutional Asset Manager…
Digital asset investment products saw outflows for the third consecutive week with outflows totalling USD28 million according to the latest Digital Assets Fund Flows Weekly report from CoinShares.
Bitcoin saw the majority of the outflows which totalled USD24 million, the largest outflows since mid-June.
Multi-asset investment products continue to buck the trend with another week of inflows totaling USD3.1 million.
Investment products trading turnover remains low at USD1.7 billion for last week, this represents just 22 per cent of the high in volumes seen in May.
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.
