Trade execution

2045 articles tagged with this keyword

/crypto

Cboe buys digital asset exchange ErisX

Cboe Global Markets is making a major move into the cryptocurrency arena, agreeing to buy ErisX Digital Holdings, which operates a digital asset spot market, a futures exchange and a clearing house. Financial terms were not disclosed.

/markets

Credit trading platform Trumid raises $208m

Electronic credit trading platform Trumid has raised $208 million in financing led by Point Break Capital Management.

/crypto

Alpaca raises $50m; moves into crypto trading

Alpaca, a stock brokerage platform that offers APIs for fintech apps to connect and trade in US stocks, has raised $50 million and laid out its plan to launch cryptocurrency trading.

/markets

PayPal ponders stock trading platform

PayPal could be set to take on Robinhood and Square by allowing its American users to trade stocks, according to CNBC.

/crypto

Liti Capital to finance ‘landmark’ case against Binance

Proceedings against Binance will be brought in the Hong Kong International Arbitration Centre by a group of disgruntled Binance customers who were unable to trade on the platform during this year’s infamous May 19th crypto crash.

/markets

Appital raises £2.5m for equity capital marketplace

Appital, a London-based marketplace bidding to unlock latent liquidity in equity capital markets, has raised £2.5 million from Frontline Ventures and a host of angels.

/cloud

German banks use digital smart contract to trade OTC interest rate derivative

DZ Bank and BayernLB have traded an over-the-counter interest rate derivative in the form of a digital smart derivative contract, with the resulting payments settled daily via Deutsche Börse.

/cloud

Symphony buys voice trading tech supplier Cloud9

Financial communication platform Symphony has acquired New York-based voice trading software supplier Cloud9 Technologies. Financial terms were not disclosed.

/markets

Exegy and Vela merge

Exegy has merged with Vela Trading Systems, creating a global leader in low latency market data, trading platforms and predictive signals.

/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

/crypto

Cryptocurrency’s complex quest toward building institutional infrastructure

If the normalisation of Bitcoin and crypto-at-large is to be achieved, there are fundamental challenges that this ‘non-analogue’ asset will be faced with. During Citi’s Digital Money Symposium, panellists of the ‘Institutional Infrastructure for Crypto’ session explored the obstacles crypto firms have faced while trying to carve out a footing within the institutional ecosystem.

/wealth

Apex Clearing to go public via Spac

Custody and clearing fintech Apex Clearing is set to go public via a Spac with blank-check company Northern Star Investment Corp II in a transaction valued at $4.7 billion.

/markets

ION to buy Dash

ION Investment Group is set to snap up another fintech, agreeing to buy options technology and execution provider Dash Financial Technologies.

/markets

SGX, Trumid and Hillhouse prep Asian bond trading platform

Singapore Exchange is joining forces with fintech Trumid and investment firm Hillhouse Capital to build an electronic Asian bond trading platform.

/startups

Vested raises $3.6m to bring US stocks to Indian investors

Vested Finance, a Silicon Valley-based online investment platform that enables Indians to buy and sell US stocks, has raised $3.6 million in a seed funding round.

/people

London Stock Exchange names new CEO

A former director at the UK's financial regulator has been appointed as the chief executive of the London Stock Exchange (LSE).

/payments

EBAday 2020: Finding the killer app for Request to Pay

Request to Pay is in danger of being an answer without a question, unless the banking and payments ecosystem can come together with the corporate world to identify a killer use case that would encourage mass adoption.

/markets

Nasdaq tech snafu shuts down Australian Securities Exchange

The Australian Securities Exchange shut down for business all-day Monday after a software glitch in a new trading system provided by Nasdaq disrupted the market opening.

/payments

ECB blames third-party network device for Target2 collapse

The European Central bank has blamed a software defect at a third party technology provider for an outage that downed the Target2 settlement system for almost 11 hours on Friday.

/payments

Target2 experiences total system failure, Sepa payments delayed

A complete failure of all payment transactions within the Target2 system was experienced for several hours on Friday, with backup systems and contingency modules also initially unable to function.