Trading Tech
GTCR Agrees to Sale of Dash Financial
Flexpoint Ford is backing a management buyout of Dash Financial Technologies from private-equity firm GTCR.
NYSE Fined $14 Million by SEC for Reg SCI Violations
The exchange settles after multiple investigations conducted into outages and systems issues over past several years.
Mandelzis-led Fintech Capitolis Raises $29 Million, Targets Trade Finance
The company, chaired by former Thomson Reuters chief Tom Glocer, will serve as a peer-to-peer network for trade financing.
MUFG Investor Services Taps Point Nine's Middle-Office Platform to Help with Reg Reporting
The partnership is exclusive to MUFG and will also help Point Nine add pre-trade analytics to its offering.
Arachnys and Quantexa Partner for KYC
The two firms will integrate their platforms to help automate the identification of gaps in customer information.
Nasdaq Sues IEX for Trading, Data Patent Infringements
Nasdaq's lawsuit alleges infringement of a number of patents covering its trading process and certain data elements by IEX.
SIPs Publish Historical Consolidated Tape Revenue
Officials say that making the new data available is part of continuing efforts to increase transparency around the SIPs.
Thai Stock Exchange Settles in for T+2
The exchange is looking to use technology to innovate its post-trade processes and introducing e-proxy and e-voting to benefit shareholders.
The Curious Case of the Trader–Vendor
Tradeworx, now Thesys Group, is the latest in a series of firms that has decided to pull back from trading activities and focus on fintech. And it’s unlikely to be the last.
Updata Charms Python Developers for Charting Tools
By making its charting tools compatible with Python, Updata will enable users to run proprietary code and third-party Python libraries in Updata's desktop.
BSO Upgrades Singapore-Hong Kong Network
Electronic market makers will be able to trade derivatives on HKEx faster than previously possible.
Extraordinary Re Partners with Nasdaq for Blockchain Insurance Risk Marketplace
Nasdaq will contribute matching engine technology for distributed ledger-powered platform.
OneZero Adds Cboe Top Feed for Co-Lo Clients
The Cboe Top Level 1 feed will now be available to clients of OneZero's co-location environment.
QuasarDB Uses Funding to Open New York Office
The new office follows a recent $2.5 million funding round to expand its US operations.
CMC Markets Is Latest Addition to QuantHouse API Ecosystem
CMC Markets’ trading platform will now be available via QuantHouse’s qh API ecosystem.
ECB Chief Doubles Down on CCP Brexit Debate
Mario Draghi says European authorities must have direct supervision of non-EU CCPs
Former Macrobond Sales Director Eklund Joins Buy-Side Startup Limina
Eklund, who previously spent seven years at Swedish data vendor Macrobond Financial, will play a key role in Limina's global expansion plans.
Thomson Reuters LPC, DealVector Ally for Bond Messaging
The integration will give LPC clients access to liquidity on DealVector's platform, and give DealVector clients access to data adn news from LPC.
Waters Wavelength Podcast Episode 110: An Examination of the Temenos-Fidessa Deal
Victor Anderson, editor-in-chief of Waters, joins the podcast to discuss Temenos’ potential acquisition of Fidessa.
IPC and GreenKey Partner for Speech-to-Text Conversion
IPC will provide audio streams to GreenKey and convert it to useable data.
Isda Seeks to Standardize Derivatives Tech with REGnosys Partnership
Isda is hoping that the CDM will bring increased automation and efficiency to the derivatives market, and has tapped a fintech startup, REGnosys, to lead the project.
Fintech Fever Grips M&A with Fidessa Acquisition Offer
Temenos looks set to snap up the London-based vendor with a billion-pound deal as 2018 becomes white-hot for mergers and acquisitions.
Platts Builds Blockchain Oil Supply Data Collection Network
The Blockchain network will capture and aggregate oil inventory data and distribute it to clients and the local regulator.
Fee Fight: Ye Olde Market Data Battleground
Market data fees charged by exchanges continue to be a bone of contention for banks, electronic trading firms and asset managers. And although recent events playing out in the US are adding fuel to the fee fire, frustration levels are rising in Europe…