Solutions
GCEX, an FCA regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity in digital assets and FX, has virtually doubled its crypto offering, with the addition of 18 new tokens.
The new products include The Sandbox (SAND), Decentraland (MANA), Binance USD (BUSD), Dai (DAI) and FTX (FTT). They have all been introduced in response to client demand, bringing the total number of coins and tokens available from GCEX to 41.
Bosonic, a decentralised Financial Market Infrastructure (dFMI) business has launched Bosonic Enterprise Solutions, a best-in-class clearing and settlement capability for digital assets that removes the dependency on bilateral credit or a central counterparty.
Bosonic Enterprise Solutions provides Bosonic’s Layer-2 blockchain solution designed to support payment versus payment (PvP) instantaneous clearing and settlement of digital assets and fiat currencies that already underpins the Bosonic Network.
The capability has been launched to meet the growing demand from a range of clients. These include regulated financial market infrastructure organisations and banks looking to launch digital asset capabilities, as well as newly-formed digital
BitMEX Spot, BitMEX’s new trading platform to buy and sell crypto, reached $24 million 24-hour trade volume on 25 May – the highest after going live 10 days ago.
The total represented a daily increase over the previous day of approximately 100%.
BitMEX’s daily signup and first time deposits have also jumped five times since BitMEX Spot’s official rollout on 17 May, with the Average Daily Value (ADV) reaching over three million traded in the first week. The progress marks a momentous and encouraging step for the company in its aim to continue to offer users an expanding crypto ecosystem that
Investment management platform-as-a-service Quay Partners Investments (Quay) has added Joe Vittoria and Sarah Donnelly to its team to provide a new regulatory hosting service.
The independent, standalone solution for new clients will operate under the trading name of Vittoria and Partners (V&P) and will support the compliance and risk oversight that current clients experience and provide scale to further grow the regulatory hosting business, including clients who solely require regulatory services.
This partnership is structured to ensure long-term client relationships are maintained and strengthened while allowing for strategic evolution as the two parties become more familiar with each other.
Quay
Enfusion, a provider of cloud-native SaaS solutions for investment managers, released more than 100 enhancements and new features for its Order and Execution Management System (OEMS) in Q1 2022.
Asset managers globally are faced with fee compression, market volatility, and the need to diversify their suite of investment product offerings to meet client demand. Many are launching new investment products, often multi-asset, where the focus is outside of their core strategies.
As they make this shift, like their hedge fund counterparts, new technologies including SaaS-based Order and Execution Management (OEMS) Systems have gained traction. As reported in Enfusion’s Q1 2022
Bitfrost, a fintech ecosystem that supports financial institutions in their adoption and management of digital assets, has secured registration as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).
Bitfrost can now provide clients with access to fiat-to-crypto, crypto-to-fiat and crypto-to-crypto OTC transactions worldwide. This registration is the first step of Bitfrost’s phased plan to become a fully regulated Distributed Ledger Technology (DLT) Financial Services Provider in Gibraltar – a region whose DLT regulatory framework is considered one of the most robust in the world.
The move comes as part of a wider licensing
To better help asset managers of European funds be prepared for the upcoming compliance requirements and regulatory disclosure obligations under the Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader.
CAMRADATA has expanded its online database, CAMRADATA Live, to capture data related to the Asset Owner Diversity Charter to help gauge where asset managers are on their diversity and inclusion (D&I) journey.
CAMRADATA believes that it is important to effect change, break down taboos and ask questions that make a real difference in society, which is why this data will be freely available to all asset owners and investment consulting firms.
Asset managers can also now populate their D&I data in CAMRADATA Live free of charge, providing asset owners with the information they need when conducting detailed due diligence
EEX Group is entering the Voluntary Carbon Market (VCM), with a product suite addressing the increasing demand from corporates which seek to offset or neutralise their carbon footprint.
Leveraging on its considerable experience in global carbon markets, EEX Group intends to bring enhanced levels of standardisation, transparency and security to the Voluntary Carbon Market.
The Voluntary Carbon Market allows carbon emitters to offset their emissions by purchasing carbon credits generated by projects targeted at removing, or reducing carbon emissions. The EEX Group VCM contract suite will cover four different products, aimed at striking a balance between standardisation, on the
Transaction Network Services (TNS) has launched its popular Managed Hosting and Colocation offering in Madrid, which is set to benefit financial market participants looking to access Spain’s principal stock exchange, Bolsas y Mercados Españoles (BME).
This is TNS’ first deployment in Spain and joins Frankfurt, Germany and Bergamo, Italy as the organisation’s third Managed Hosting and Colocation venue in mainland Europe. It is the seventh site in Europe for TNS with Basildon, LD4, Interxion and LSE in the UK. The announcement underpins TNS’ commitment to investing in its European infrastructure.
The TNS offering provides lower overall costs compared to a