Post-trade technology company Kynetix is working with a consortium of industry stakeholders to explore the use of distributed ledgers in handling title ownership and transfer in the commodities market.
The FIX Trading Community is opening its technical standards process to software developers throughout the financial industry using GitHub, with several high performance projects already published to the repository.
Ben Milne, who founded Dwolla in 2008 after growing frustrated with high credit card fees, talks to Finextra about America's slow move towards faster payments, his firm's foray into the exchange world, the blockchain, and the idea of being bought by Apple.
The rise of bitcoin could leave central banks struggling to implement monetary policy and unable to act as lenders of last resort, the Bank of Canada's senior deputy governor has warned.
Online retailer Overstock is preparing to split off its blockchain trading subsidiary Medici, after revealing that it spent $8 million on the business this year, pushing the company into the red for the first time in nine successive quarters.
Tullett Prebon is to acquire Icap's hybrid voice broking and information businesses for about £1.1 billion in a reverse takeover deal.
Pressure is mounting on the European Commission to postpone the implementation of securities market reforms under MiFID II by a year, as banks and brokers struggle to adapt their IT systems to meet the 2017 timetable.
Illuminate Financial, a fintech venture fund for the capital markets industry, has closed its first round of capital raising with the support of Deutsche Börse and Markit.
Thomson Reuters has put all of its foreign exchange transaction venues onto one platform in a move it says creates a single point of access to the largest collective independent pool of FX liquidity.
Dwolla is expanding its scope through a deal with CME Group to provide on-demand payment capabilities for clearing and settlement at the exchange operator.
The Australian Securities Exchange (ASX) could replace its clearing and settlement system with a blockchain-based alternative.
© Finextra Research 2015