Trade execution

2045 articles tagged with this keyword

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UK and EU banks plan early warning systems

Both UK and European banks are separately looking at projects to design an early warning system using market data to mitigate the threat of major misconduct or the beginning of the next financial crisis.

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Barclays recruits Goldman computer scientist as head of markets innovation

Barclays has hired Justin Brickwood, formerly head of electronic trading engineering at Goldman Sachs, to fulfill a new role as head of markets innovation, promoting the adoption of advanced AI and machine learning techniques within the bank's trading business.

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BoE exec warns of AI job threat

The chief economist of the Bank of England (BoE) has warned that the rise of artificial intelligence could leave large groups of people "technologically unemployed" unless there was a skills revolution.

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BMO pilots blockchain for fixed income issuance

Bank of Montreal's capital markets unit has piloted the use of a blockchain platform for a pilot fixed income issuance transaction.

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Finextra goes mobile first

Welcome to the new-look Finextra, optimised for mobile and rebuilt to drive deeper engagement with our growing global community.

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"The digitisation of assets has started," says Eurex Asia head

Products of all asset classes, from commodities to securities and debt, will increasingly be reduced to bits and bytes on a blockchain network, believes Eurex Asia head Roland Schwinn.

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ICE, Microsoft and Starbucks form cryptocurrency venture

Intercontinental Exchange (ICE) is teaming up with Microsoft, Starbucks and Boston Consulting Group (BCG) to launch a platform that lets people and firms buy, sell, store and spend digital assets such as Bitcoin on a seamless global network.

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Boerse Stuttgart to develop ICO platform and MTF for cryptocurrency trading

Boerse Stuttgart is doubling down on its investment in the crypto markets with plans to develop a new platform for Initial Coin Offerings, a multilateral trading venue for cryptocurrencies and safe storage of digital assets.

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BofA Merrill Lynch, Morgan Stanley and Navian launch platform for structured notes

Bank of America Merrill Lynch, Morgan Stanley and Navian Capital have joined forces to launch an independent, multi-issuer electronic platform for structured products and annuities.

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Barclays leads $14 million funding round in voice trading tech supplier Cloud9

Cloud9, a New York-based supplier of voice trading software, has raised $14 million in a funding round led by Barclays Bank with participation from JPMorgan and NEX Group.

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SS&C to buy Eze Software for $1.45 billion

Having backed away from a rumoured bid to buy Fidessa, SS&C has turned its attentions to Eze Software, offering private equity owner TPG Capital $1.45 billion in cash for the investment management software house.

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Reuters brand consigned to the history books as business redefined as Refinitiv

Thomson Reuters Financial & Risk business is to operate under a new name, Refinitiv, ending a 160-year association with the Reuters brand following the closure of a majority stake sale to Blackstone.

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Nasdaq's transition to a tech stock comes into focus

Reporting a bump in second quarter net income, exchange operator Nasdaq has reiterated its repositioning as a capital markets technology and analytics provider.

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Capital markets firms to ramp up spending on cloud technologies

Capital markets firms plan to accelerate their investment in public cloud technologies, with spending on off-premise computing set to consume 47% of IT budgets by 2019, up from 30% last year.

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State Street to acquire Charles River Development

State Street is to acquire Charles River Development in an all cash transaction valued at $2.6 billion.

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Bloomberg curates Twitter feed for algo traders; State Street reads the news

Bloomberg is launching a real-time feed of curated Twitter data, sifting through the deluge of social media sentiment to pick out the most useful content for its algorithmic trading clients.

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Euroclear takes stake in Algomi

Euroclear has made an undisclosed investment in fixed income liquidity matching firm Algomi.

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Cinnober and BitGo partner on cryptocurrency exchange tech

Capital markets software house Cinnober is teaming up with virtual currency processor and security specialist BitGo to hawk their technology to cryptocurrency exchanges.

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TP-Icap fires boss Phizackerley as Brexit costs mount

Broker TP-Icap has fired boss John Phizackerley as it braces for a hit to profits from Brexit-related costs.

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SIX to build digital asset trading, settlement and custody service

In a world first, Switzerland's stock exchange plans to build a fully integrated, DLT-based end-to-end trading, settlement and custody service for digital assets.