Solutions
OneChronos is to launch a new AI-powered dark pool/alternative trading system designed to provide fully customisable solutions for traders who want to minimise information leakage and maximise opportunities for price improvement. The OneChronos team is gearing up to launch what will be the first “smart market” ATS solution for equities trading, powered by combinatorial auctions, which allow participants to input a number of parameters around their orders, seeking truer outcomes while mitigating many of the issues that have long frustrated traders using more traditional approaches.
For example, unlike a traditional venue, which uses limit order books and forces participants to
Transaction Network Services (TNS) has signed a new agreement with Cboe Europe, one of the largest pan-European equities stock exchange operators by value-traded, to become a registered vendor for its European equities market data.TNS is offering its connectivity and market data service at the Equinix LD4/LD5 campus, where Cboe Europe’s data centre is located, to provide traders with low-latency access for both market data and order routing services.
“Cboe Europe has been a valuable order routing endpoint within our 2,800 strong financial community of interest for many years,” says Jeff Mezger, TNS’ Director of Product Management. “We are delighted
Canoe Intelligence (Canoe), a fintech focused on improving alternative investment operations, has partnered with SS&C Technologies to enable enables SS&C’s Black Diamond Wealth Platform clients to simplify and accelerate their alternative investment operational processes.
Trading Technologies International (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, and the Institutional Services division (IS) of inter dealer broker TP ICAP, have signed a multi-year agreement whereby TP ICAP will utilise TT’s new Order Management System (OMS) solution. Through this agreement, TP ICAP IS will replace 85 trading screens in London, Paris and New York with TT’s award-winning TT Pro trading screen.
TP ICAP’s IS brokers will use all of the TT OMS advanced order handling and post-trade allocation features to optimise their order executions and reporting. They also will deploy TT’s Advanced Options
Apex Group (Apex), a global financial services provider, has launched a new Compliance Solutions service which will be run by Mel Scotland.
Arca, a digital asset investment firm that blends traditional finance with cutting edge blockchain technology, has launched the Arca US Treasury Fund, an SEC-registered closed-end fund, is available for investment. The Fund is the first product registered under the Investment Company Act of 1940 (’40 Act) to offer its shares as digital securities, called ‘ArCoin.’ Shareholders can directly transfer ArCoin using blockchain technology, broadening the use cases within the digital ecosystem.
The Arca US Treasury Fund invests 80 per cent of its portfolio assets in interest-bearing, short-duration, US Treasury securities and seeks to combine the regulatory standards applicable to
Trad-X, a platform for interest rate derivatives, has added UniСredit as a dealer and ACTIAM as a non-dealer to its dealer-to-client (D2C) electronic central limit order book (CLOB). UniCredit will join existing dealers JP Morgan, BNP Paribas and Commerzbank in providing liquidity to non-dealers. It will stream two-way pricing to a range of smaller banks and buy-side clients trading Eurex-cleared instruments.
Utrecht-based ACTIAM successfully joined the platform as a non-dealer, diversifying the type of non-dealers supporting CLOB execution methodology.
Since completing its first live transactions at the beginning of the year, Trad-X D2C has seen continuous engagement from existing
Bitfinex, a state-of-the-art digital asset trading platform, has launched paper trading, a demo account service that enables users to practice strategies without putting funds at risk in a live account.Paper trading, which will be available on newly-created sub accounts, will enable users to trade Bitcoin in a simulated market environment without the need to deposit real funds. As an exchange built to serve professional trading strategies, the addition of paper trading will enable users to explore the rich features of the platform without putting funds at risk.
Trading pairs available for paper trading include: TESTBTC:TESTUSD, TESTBTC:TESTUSDT, TESTAAA:TESTBBB. In addition, paper
Cryptocurrency spot and derivatives exchange OKEx has partnered with Settle Network, a global fiat-crypto solution provider to allow OKEx users, via Settle Networks’ Latamex product, to buy bitcoin (BTC) and ethereum (ETH) on the exchange with Argentine peso (ARS), Brazilian real (BRL), and Mexican peso (MXN) using direct bank transfer.Settle Network is the largest digital assets settlement network across Latin America for exchange and cross-border payments, providing programmatic interoperability between traditional and digital assets by leveraging financial infrastructures of LATMA countries.
“One of the important goals of OKEx is to enable everyone to enjoy intermediary-free financial services by promoting blockchain-driven
Jack Inglis, the CEO of the Alternative Investment Management Association, discusses hedge funds’ response to the assortment of operational obstacles arising from the coronavirus-imposed lockdown, how virtual conferencing has reshaped manager-investor relationships, and what the future holds for the industry’s traditional Mayfair nerve-centre following months of remote working.
