Latest Trade execution News: Finextra Research

Nomura exploring Chi-X sale - Bloomberg

Stock market operator Chi-X is exploring a sale that could value the Nomura-controlled unit at $400 million, according to Bloomberg.

07 May 2015

News/Trade execution

Overstock looks to issue Bitcoin-style stocks

Overstock, the online retailer building a crypto-securities exchange, has revealed that it may issue up to $500 million in stock through blockchain-style technology.

29 April 2015

News/Trade execution

Nasdaq snafu leads to Twitter earnings leak

Nasdaq says that it is to blame for the early publication of Twitter's first quarter earnings report yesterday, the details of which were quickly posted on the victim's own site causing its stock price to plummet.

29 April 2015

News/Trade execution

Nasdaq agrees $26.5m settlement over botched Facebook IPO

Nasdaq has agreed to pay $26.5 million to settle a class action lawsuit over the technical glitches that marred the IPO of Facebook in 2012.

24 April 2015

News/Trade execution

Esma issues call for evidence on virtual currencies

The European Securities and Markets Authority (Esma) is to undertake an investigation into the use of virtual currency or distributed ledger technology in the capital markets.

22 April 2015

News/Trade execution

UK trader arrested over 2010 'flash crash'

A British futures trader has been arrested after US authorities accused him of contributing to the 2010 "flash crash," which saw the S&P 500 index plummet 600 points in minutes, sending shockwaves through the global financial system.

21 April 2015

News/Trade execution

Goldman Sachs buys $20.5m stake in HFT tech firm Perseus

Goldman Sachs has bought a $20.5 million minority stake in Perseus, a firm that provides super-fast connectivity for high-frequency trading firms.

21 April 2015

News/Trade execution

Commerzbank venture fund invests in eToro

Germany's Commerzbank has made its first fintech investment through a new venture fund, pumping $12 million into social trading network eToro.

21 April 2015

News/Trade execution

Chaos in the City as Bloomberg terminals go down

Trading across Europe has ground to a halt following an unexplained outage in Bloomberg terminals across the continent and Asia.

17 April 2015

News/Trade execution

Bats to close its doors to thinly-traded stocks

Bats Global Trading is to close its doors to illiquid stocks, in an initiative intended to address fragmentation of pricing for issuers of thinly-traded securities.

10 April 2015

News/Trade execution

UBS to investigate blockchain technology in new London innovation lab

The Swiss bank is planning to open an innovation lab in Level39's high growth space, HighGrowth:42, to explore the role of blockchain technology in financial services.

02 April 2015

News/Trade execution

Future Money Focus: Jon Matonis

A former foreign exchange dealer for Visa, CEO of HushMail, director of financial services at VeriSign and one of the founding board directors of the Bitcoin Foundation, Jon Matonis' career has blended the world of security, financial services and crypto technology - now Matonis is a public speaker and non-executive director for several startups in the space.

02 April 2015

News/Trade execution

Former Goldman programmer faces second trial over HFT code theft

Sergey Aleynikov, the former Goldman Sachs programmer who had a conviction for stealing the bank's propriety HFT code overturned is back on trial on charges related to the same incident.

01 April 2015

News/Trade execution

Snapchat posts sees RBS investment bank head ousted

Rory Cullinan has resigned as head of RBS' investment bank after a series of messages he posted on social media app Snapchat were published in the Sun newspaper in the UK, according to the FT.

31 March 2015

News/Trade execution

RateSetter gets £20m investment

Peer-to-peer lender RateSetter has secured a £20 million investment from veteran banker Ken Costa, along with Woodford Investment Management and Artemis.

30 March 2015

News/Trade execution

Swift London Business Forum to continue discussions on FinTech innovation

Challenger banks will feature heavily in the upcoming Swift Business Forum in London. Craig Donaldson, CEO at Metro Bank UK, is joined by keynote speaker Sir David Clementi, ex-deputy governor of the Bank of England and chairman of Virgin Money.

27 March 2015

News/Trade execution

European government bond trading goes electronic

Some 57% of trading volume in European government bonds was executed electronically in 2014, up 14 percentage points since the onset of the global financial crisis according to a new report from Greenwich Associates.

26 March 2015

News/Trade execution

Nasdaq makes trading platform sale to bitcoin startup

Nasdaq has made its first trading technology platform sale to a bitcoin-based digital currency startup.

24 March 2015

News/Trade execution

Six undertakes hackathon talent challenge for new fintech incubator

Swiss financial infrastructure provider SIX Group is running a weekend hackathon with a view to acquiring new talent ahead of the launch of a fintech incubator in May.

20 March 2015

News/Trade execution

Future Money Focus: Robert Sams, Clearmatics

An ex-hedge fund manager who spent a decade trading interest rate derivatives is now jumping headfirst into the world of the blockchain with his newest venture, Clearmatics, a clearing and settlement technology for financial OTC markets based on a distributed ledger.

19 March 2015