Europe
Calastone Tests Blockchain System for Mutual Funds Industry
Network provider successfully completed the first phase of a distributed ledger proof-of-concept test.
LiquidityBook Installs Thompson to Drive Euro Growth
New York-based LiquidityBook has appointed Nicholas Thompson as manager of its Client Services operations for EMEA, as the firm sees increased demand for its POEMS offering in the region.
Liquidnet Unveils Tool to Help Capture Post-Block Event Opportunities
The offering adds an additional 19% of volume to the original block execution and will absorb 9 out of every 10 blocks that appear in the minute following the initial block, according to Liquidnet.
Nasdaq Rolls Out Auction on Demand Service to Nordic Equities Markets Ahead of Mifid II
Nasdaq Auction on Demand is designed to address specific execution and transparency requirements for equities market under Mifid II.
Europe's Asset Segregation Dilemma Stifles Harmonization of Post-Trade Infrastructure
The operational implications and the heated debate around the Central Securities Depository Regulation's most controversial provision is impinging on the industry's move toward harmonizing post-trade processes.
Waters Wavelength Podcast Episode 73: The UK Election, Brexit & Fintechs; The Bloomberg Point-Port Integration
An examination of what the UK election and eventual Brexit negotiations could mean for London's fintech space followed by a discussion of Bloomberg's Point-Port integration.
Bats Europe Expands Index Business
Bats Europe launches 18 benchmarks spanning European regional, single country and sector indexes.
Brexit Offers London Banks Opportunities for a New Start with Cloud & API
John says investment banks relocating as a result of Brexit have a chance to rethink technology infrastructures.
GoldenSource Automates ISIN Code Generation Process for Mifid II Reporting
The solution will gather all the required data for allocating ISIN codes to OTC products in a simplified and automated way.
Infront Preps for Oslo IPO
Vendor says IPO will help support its growth plans by providing financing for acquisitions.
SimCorp Partners with OTCX for Derivatives Best Execution
Australian investment firm Merlon Capital Partners was the first SimCorp user to test the OTCX platform.
Praying for Another Day: As FRTB Looms, Banks Prepare
Industry testing for FRTB will begin in 2019 with implementation coming in 2020, though there is hope that personnel changes at the Basel Committee will lead to some extra leeway.
Colt Adds Equiduct Connectivity
Officials say that connectivity to Equiduct─alongside the other venues to which Colt already provides connectivity─will support firms' best execution requirements while expanding Colt's regulatory services.
ESMA Preps Financial Instruments Reference Data System Launch
The Financial Instrument Reference Data System (FIRDS) will go live on July 17, 2017.
ESMA Fines Moody’s €1.24M for Credit Ratings Breaches
ESMA says that between June 2011 and December 2013 Moody’s failed to explain decisions for 19 ratings.
ESMA Grants Approval to Bloomberg European Trade Repository
Bloomberg set to open trade repository for Europe for OTC and exchange-traded derivatives reporting.
Red Deer, Westminster Ally for MiFID II Research Solution
The end-to-end solution will remove potential conflicts in research valuation and payment.
London Stock Exchange Bolsters Fixed-Income Presence with Citi Yield Book, Indices Acquisitions
$685 million deal for analytics platform and indices business first acquisition by LSEG since collapse of Deutsche Börse merger.
LSE Bolsters Fixed Income Arsenal with Citi Deal
Acquisition aims to boost FTSE Russell’s appeal to fixed income clients and “enhance and complement” LSE’s Information Services data and analytics offering.
Euronext Continues Diversification Drive into Foreign Exchange with FastMatch Acquisition
Euronext to acquire 90 percent stake in spot FX trading network FastMatch as exchanges continue their move into investment bank domain
Legacy Systems, 'Army of No' Top Hurdles for Buy Side
C-Level panel identifies legacy technology and culture, deep-rooted in many firms, as the biggest hurdle to business transformation.
Silverfinch Adds Module to Address MiFID II
The new module will make it easier for firms to collect and aggregate the datasets required for MiFID II compliance.
Indata Adds API Layer to iPM Epic Solution
Using big data technology, the Epic Data API toolkit is available to Indata users to connect systems and data sources.
UPDATE: Liquidnet Acquires OTAS Technologies
The trading network adds OTAS' analytics system to its buy-side trading platform.