This Week: Tradeweb, Microsoft, JPMorgan, Goldman Sachs, and more

A summary of the latest financial technology news.

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Tradeweb closes acquisition of Yieldbroker

Tradeweb Markets, an operator of electronic marketplaces, has completed its purchase of Australian trading platform Yieldbroker. The acquisition of the platform, which specializes in Australian and New Zealand government bonds and interest rate derivatives, will expand Tradeweb’s offerings in these areas.

Tradeweb announced the AUD $125 million acquisition in May 2023. “The pace of electronification in fixed-income markets is on the rise all over, and

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A tech revolution in an old-school industry: FX

FX is in a state of transition, as asset managers and financial firms explore modernizing their operating processes. But manual processes persist. MillTechFX’s Eric Huttman makes the case for doubling down on new technology and embracing automation to increase operational efficiency in FX.

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