Sell-Side Technology/News
t0 Offers Non-US Hours Trading Platform for US Securities
The firm also forms a new firm after acquiring Singapore-based Blue Ocean Technology.
Decision to be Made on CAT Plan Processor Soon, Sources Say
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
Deloitte Opens Second Blockchain Lab
The lab in New York will focus on creating blockchain prototypes ready for integration into clients' production systems.
Sell-Side Technology Awards 2017 Open for Entries
WatersTechnology's 5th annual Sell-Side Technology Awards, focusing on the technology provided to sell-side institutions by third-party technology vendors and brokers, are open for entries.
NYSE to Offer Floor Trading for All US Equity Securities
The exchange will allow Nasdaq-listed symbols and ETFs to be traded on its floor.
Saudi Stock Exchange Makes Move Toward T+2
The switch is being made in an effort to attract foreign investors, according to a Reuters report.
Goldman Sachs Shakes Up Technology Division
The firm’s head of technology announces his retirement on the same day the firm names a new chief information officer.
Tradeweb Signs Deutsche Bank, JPMorgan, Goldman Sachs for Mifid II Reporting Service
Investment banks sign up for Approved Publication Arrangement (APA) service for post-trade reporting transparency.
Ipreo’s Electronic Order Submission Solution Premieres with a Deal for Commonwealth Bank of Australia
Backed by major banks, Ipreo’s solution allows investors to electronically submit orders directly to sell-side syndicate banks on fixed-income issues.
DTCC Picks IBM, Axoni, R3 to Develop Distributed-Ledger Solution for Derivatives Processing
IBM and Axoni to develop DLT-based replacement for existing Trade Information Warehouse; R3 to act in advisory role.
Dash, LiquidPoint Merge to Form Dash Financial Technologies
Peter Maragos, current CEO of Dash, will serve as CEO of new entity.
CFTC Chairman Timothy Massad Resigns
Massad will leave the regulator Jan. 20, Inauguration Day.
Anshu Jain Joins Cantor Fitzgerald as President
Jain previously spent time at Deutsche Bank and Merrill Lynch.
Euronext Makes €510 Million Swoop for LSE’s French LCH.Clearnet Division
Euronext makes offer to acquire French clearing house from London Stock Exchange, subject to completion of LSE’s merger with Deutsche Börse.
Wells Fargo Leads $18 Million Series A for Axoni
Distributed-ledger technology fintech now has over $20 million in funding.
J.P. Jolly Named Global Head of Payments, Receivables at Citi
Jolly will remain a member of the firm's Treasury and Trade Solutions global executive committee.
IHS Markit Completes POC for FRTB Aggregation
Proof of concept is to test out its FRTB Studio software in a real-time setting.
SCB Securities Deploys Horizon's Trading Platform
The Thai securities firm will use the platform for advanced warrant market making as well as Delta One trading activities.
Fintechs Firms May Soon Get Bank Charters
But for the moment, fintechs in the capital markets space will not be covered.
CME Clearing Joins IHS Markit's Netting Synchronization Service
Service will initially support cleared interest rate swaps, basis swaps, forward rate agreements, overnight index swaps and swaptions.
OpenBondX Acquires Direct Match
Alistair Brown will stay on as CEO; Jim Greco will serve as CTO, head of rates.
The Beast Apps Releases Mifid II Solution
Minotaur integrates disparate systems across an asset class.
Deutsche Bank Strengthens Innovation with Two New Hires
Philip Milne appointed as chief technology officer for innovation, Elly Hardwick also joins as head of innovation.
Saxo Bank Forms White Label Partnership with Phoenix Finance
Under a MoU, the Chinese fintech firm will integrate Saxo’s investment and trading capabilities.