This Week: State Street/MarketAxess, Aquis, Linedata & More

A summary of the latest financial technology news.

news updates

State Street Global Advisors launches MarketAxess Corporate Bond ETF

State Street Global Advisors, the asset management division of State Street Corporation, has announced the launch of a Standard and Poor’s Depositary Receipt (SPDR) MarketAxess Investment Grade 400 Corporate Bond Exchange-Traded Fund (ETF), titled LQIG.

LQIG has been designed to leverage the benefits of an ETF alongside the tradability benefits of investing in US investment grade corporate bonds, the latter of which could

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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