Cryptocurrency exchange Bybit has launched a new structured product Bybit Shark Fin for all users on 1 August, 2022. Bybit Shark Fin is a low-risk, principal protected structured product that affords better capital protection to users as they reap profit. Users deposit their funds into the product and receive a yield based on the performance of the strategy. The underlying strategy utilises up-and-out call options to generate the yield.   This means users of Bybit’s ultra-fast trading platform — processing up to 100K transactions per second — can deposit stablecoins, such as USDT or USDC, to earn attractive yields with

Broadridge Financial Solutions has partnered with Blue Ocean Technologies (BOT), a capital markets fintech focused on global after-hours trading. The deal sees Blue Ocean ATS (BOATS) integrate with Broadridge’s NYFIX order-routing network to offer clients untapped, after-market access to US equities. Blue Ocean ATS operates an alternative trading system that replicates a daytime trading experience with electronic access, transparent price discovery, regulatory requirements, and clearing and settlement processes while overlapping significantly with Asia Pacific business hours.    Blue Ocean Technologies will benefit from Broadridge’s VeriFIX solution, allowing Blue Ocean to simulate FIX order flow in a non-production environment, and Broadridge’s

Bitfinex, a digital token trading platform is to provide free access to Santiment, a cryptocurrency analytics platform for researching on-chain data. Santiment’s analytics tools are used by more than 2,000 hedge fund managers, retail customers, crypto project owners and Non-Fungible Token (NFT) creators. The service provides insights into cryptocurrency networks, blockchain-based projects, crowd sentiment and market behaviour. Now, building and executing data-driven trading strategies using on-chain data will become a native part of Bitfinex’s trading experience.  Starting from today, Bitfinex customers can obtain access to premium on-chain and social charts for more than 1,900 tokens without paying for a subscription.

Apifiny, a global cross-exchange digital asset trading network, has released Apifiny Algo V1.1, a crypto trading library in C++ for high frequency frading (HFT) and latency sensitive traders. This solution fully supports futures trading, paper trading through Binance testnet, and has added Coinbase as an additional exchange, along with the launch of its Quant Library that allows investors to implement trading strategies with its ready-to-use components in the library. With the release of QuantLib, Apifiny Algo V1.1 allows users to create trading strategies flexibly, while backtesting and live trading these strategies using a high-performance C++ trading engine. Traders can also

Options Technology, a Capital Markets services provider, has achieved VMware Cloud Verified status in its Park Royal Data Center. The accomplishment follows the VMware Cloud Provider Principal Partner Status awarded to the firm last year, along with Cloud Verified status at LHC, LD4 and NY5 sites. Cloud Verification assures that a partner is validated to expertly deliver cloud Infrastructure-as-a-Service across VMware’s best-in-class network, storage, and compute solutions to meet individual client needs specifically. VMware Cloud Verified partner services enable customers to achieve unmatched levels of consistency, performance, and interoperability for traditional and containerised enterprise applications with the confidence the service

Accelex, a SaaS platform for alternative investment data management, has expanded its relationship with LGT Capital Partners (LGT CP) to support the processing of a new document category: fund financial statements.

BestEx Research Group, has added a no-code algorithmic trading tool, Strategy Studio, to its offering of algorithmic execution and measurement solutions for equities, futures, and FX trading. Strategy Studio can be used to build and customise execution algorithms and smart order routing strategies for its multi-asset, cloud-based Algorithm Management System (AMS).   The BestEx Research AMS is an execution management system (EMS) built specifically for algorithmic trading that provides an algorithmic trading ecosystem including not only execution algorithms but also live order monitoring and management, pre-trade strategy customisation, and post-trade Transaction Cost Analysis (TCA). Asset managers can use it to

Service-led digital asset broker GlobalBlock Europe (GBE) has launched a new mobile trading app. GBE digital asset services offering includes a dedicated and personalised telephone service. The firm also ensures client assets have no inappropriate exposure to leverage, stablecoins or yield products and takes no proprietary positions against them. GlobalBlock Europe serves the digital asset needs of individuals, corporations, institutional financial firms and intermediaries.  The new enhanced features of the app includes: major assets tradable in-App, with multiple tradable pairings denominated against USD, GBP, EUR and USDT; Circa 100 other assets available for trading over the telephone and via our

Enfusion has expanded its offering of cloud-native software-as-a-service (SaaS) solutions for investment managers, with the launch of Enfusion Express, an order and execution management system (OEMS) tailored specifically to the needs of smaller fund managers typically with less than $100 million in AUM. Enfusion Express enables smaller managers who have limited resources but comprehensive requirements to access sophisticated pre-trade, execution, and post-trade solutions, reduce manual processes, improve real-time, portfolio-level visibility, and streamline connectivity to their execution, fund administration, prime brokerage, and other partners. As these small funds continue to grow in both size and complexity, they can easily upgrade to