Q-Wixx to Offer Multi-Dealer Support

Originally developed by the internal IT team at electronic credit derivatives trading platform provider Creditex, Q-Wixx was spun off into an independently managed unit in April.

Q-Wixx-which is designed to trade lists of clients' offers wanted in competition (OWIC) and bids offers wanted in competition (BWIC) for derivatives-trading desks-already supports automatic prime broker give-up. In an upcoming release, the platform is going to support the ability to give up trades to multiple brokers

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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