Trade execution

2045 articles tagged with this keyword

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Goldman Sachs trading biz to hire 100 coders

Goldman Sachs is looking to bring in more than 100 coders to help automate swathes of its trading business, according to Bloomberg.

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Blockchain-based securities issuance platform iownit.us greenlighted by Finra

Broker-dealer IOI Capital and Markets (Ioicm) has secured Finra membership, paving the way for the launch of its blockchain-based securities issuance platform.

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ICE unit Bakkt to launch Bitcoin futures contracts next month

Intercontinental Exchange's new Bakkt subsidiary has received the regulatory green light to start offering custody and physically delivered Bitcoin futures contracts.

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Northern Trust applies machine learning to securities lending

Northern Trust has developed a pricing engine for securities lending that utilises machine learning and advanced statistical techniques to forecast lending rates for 34 global markets.

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MarketAxess to buy LiquidityEdge

Fixed income trading platform MarketAxess has agreed a $150 million deal to buy electronic US Treasuries marketplace LiquidityEdge.

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London Stock Exchange negotiating $27 billion takeover of Refinitiv

The London Stock Exchange has confirmed that it is in advanced talks to buy financial data vendor Refinitiv.

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Pico to acquire financial analytics firm Corvil

US-based financial infrastructure company Pico has reached an agreement to acquire Irish data analytics vendor Corvil.

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Euronext steps up digital asset play with stake in Tokeny

Euronext has spent EUR5 million to acquire a 23.5% stake in digital asset startup Tokeny Solutions.

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Icap launches Digital Asset Market

Interdealer broker Icap has launched a Digital Asset Markets venture, which will initially operate in the cryptoasset derivatives space

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IT consultant gets three years in slammer for insider trading hack

An IT consultant who hacked into the WiFi network of Australian financial publisher Port Phillip Publishing (PPP) to engage in insider trading has been sentenced to three-years in prison.

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Italy's banks to use DLT for reconciliations

The Italian Banking Association (ABI) has revealed that the country's banks will be using distributed ledger technology (DLT) to run its reconciliations as of March 2020, making it the first use of the blockchain among Italy's banks.

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SIA and Colt win ECB tender for ESMIG connectivity

The European Central Bank (ECB) has awarded a tender to Italian payment processor SIA and telco Colt for the provision of connectivity services to the Eurosystem market infrastructures.

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Mega M&As fuel record growth in fintech deals

A flurry of large M&A deals and the popularity of contactless payments have helped to create a record volume of fintech deals, according to a recent report, but also raised fears that the market may be overcrowded and reaching peak status.

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Iress acquires QuantHouse

Trading technology suppler Iress has acquired market data provider QuantHouse for a total consideration of EUR38.9 million, subject to a two-year earnout proviso.

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Will you be able to make trades directly from your mind in 2069?

What will trading technology look like in 50 years? Trades powered directly by thoughts, hardware that inhibits the influence of negative emotions, and mobile-phone based 3D trading rooms could all be in our future, predicts a report.

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Euronext sees off Nasdaq in battle for Oslo Børs

Nasdaq has withdrawn its takeover offer for Oslo Børs, clearing the way for Euronext to buy the Norwegian exchange operator.

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Wealthsimple raises C$100m

Toronto-based online investment manager and trading app Wealthsimple has raised C$100 million in a funding round led by German giant Allianz.

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Up to a fifth of capital markets jobs at risk from automation

Four hundred thousand capital markets jobs could disappear over the next decade as advances in artificial intelligence and technology decimate the workforce, according to forecasts by consultancy Opimas.

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OpenFin names former Goldman Sachs MD Tim Dinsdale as European CTO

Fresh from a $17 million fundraising round, capital markets apps platform OpenFin has appointed former Goldman Sachs MD, Tim Dinsdale, as European chief technology officer.

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Barclays and Wells Fargo lead $17 million funding round in OpenFin

OpenFin has won $17 million in funding from a clutch of top banks and VCs as it bids to build a new 'operating system of finance'.