2045 articles tagged with this keyword
News/Trade execution
In a move that could aid MiFID II compliance, the Toronto Stock Exchange (TMX) and the UK's National Physical Laboratory have carried out an experiment which saw atomic clocks used to timestamp trades which were then recorded directly on a distributed ledger.
24 August 2017
Investment bank Goldman Sachs has expanded the use of algorithmic trading in its fixed income division in a move that will treble the number of bonds included in the programme to 7,000.
18 August 2017
The Securities and Exchange Commission has charged seven individuals with insider trading based on tips allegedly received from an IT consultant who worked on an M&A database at a large un-named New York bank.
17 August 2017
UK capital markets technology outfit Options has scored a significant $100 million investment from New York-based private equity house Bregal Sagemount.
16 August 2017
The Hong Kong Stock Exchange is planning to launch a new private market to provide early stage companies with a blockchain-based share registration and transfer platform for the conduct of pre-IPO financing off-exchange and clear of the regulatory remit of the Securities and Futures Ordinance.
01 August 2017
London Stock Exchange-owned Borsa Italiana and IBM are using blockchain technology to digitise the issuance of securities for SMEs in Europe.
19 July 2017
Deutsche Börse has made a $10 million minority investment in electronic bond trading network Trumid.
10 July 2017
The UK's Competition and Markets Authority (CMA) has told Intercontinental Exchange that it must not only sell Trayport but also rip a commercial agreement with the energy trading technology shop it acquired for $650 million less than two years ago. ICE says it will comply.
07 July 2017
BNP Paribas Securities Services and crowdfunding outfit SmartAngels have loaded the share registers of five of their clients onto a new platform designed to allow private companies to issue securities on the primary market and give investors access to the secondary market using blockchain technology.
05 July 2017
Erroneous test data provided by third party vendors caused wild swings on prominent Nasdaq stocks in after hours trading on the eve of the 4 July US holiday celebrations.
04 July 2017
Alternative trading system (ATS) operator OTC Markets Group has argued that the Securities and Exchange Commission should revise the proposed fee schedule for the Consolidated Audit Trail (CAT) system the SEC is creating to monitor trading in all exchange-listed equities and options following the 2010 "flash crash".
20 June 2017
Finextra and the Euro Banking Association have selected 15 of Europe's most promising startups to present their ideas to banking delegates attending EBAday 2017, the continent's leading payments and transaction banking event.
02 June 2017
In the largest funding round in the history of distributed ledger technology, the R3 consortium has raised $107 million from around half of its members as well as Intel and Temasek Holdings.
23 May 2017
A Ukrainian hacker has pleaded guilty to his part in an international scheme to hack into three business newswires, steal yet-to-be published press releases and make trades that allegedly generated approximately $30 million in illegal profits.
Euronext is to acquire a 90% stake in spot FX trading network FastMatch for an initial cash consideration of $153 million.
Citi is providing financial resolution for secondary market transactions conducted over Nasdaq's Linq Platform, using distributed ledger technology from Chain to address the challenges of liquidity in private securities by streamlining payment transactions between multiple parties.
22 May 2017
Japan's financial services watchdog is to introduce new rules that will require high frequency trading firms to register with the regulator and demonstrate that they have proper risk management processes in place.
19 May 2017
The US Commodity Futures Trading Commission (CFTC) is setting up a fintech Lab that will work with startups to drag the agency into the digital age.
18 May 2017
Chile's Santiago Exchange has enlisted IBM to help it build what is being billed as the world's first securities lending blockchain platform.
Three Chinese citizens who traded on insider information by hacking into the systems of two New York-based law firms have been fined $8.8 million by the Securities and Exchange Commission.
12 May 2017
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