This Week: MEMX, Bloomberg, Finos, BNY Mellon, IHS Markit & More

Highlights from the past week's financial technology news.


MEMX Gains Regulatory Approval to Operate US Securities Exchange

Members Exchange (MEMX) has been approved by the US Securities Exchange Commission (SEC) to operate a US securities exchange. Its official launch, which was recently pushed back from late July to the third quarter of this year, remains on track.

Platform testing and member certification will begin later this quarter.

Since the exchange was first proposed at the beginning of January 2019, it had been working toward regulatory

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Refinitiv’s PermIDs: Converting needs into opportunity

Refinitiv’s PermID framework was conceived as a proprietary tool to address an internal challenge around identifying objects in the firm’s information model. Once it had proved its worth, it was rolled out to the firm’s clients to significant success.

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