Latest Trade execution News: Finextra Research

Company update/markets

IHS Markit and Yieldbroker collaborate on AUD/NZD trade cost analysis

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced it is enhancing fixed income analytics in its Trade Cost Analysis (TCA) service in collaboration with Yieldbroker, a leading Tier 1 licensed electronic trading platform for Australian and New Zealand debt securities and derivatives.

29 January 2020

Company update/markets

Broadridge adds forecasting module to revenue and expense management platform

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader and part of the S&P 500® Index, announces the launch of a new forecasting module within its leading revenue and expense management platform.

29 January 2020

Company update/markets

Cloud9 and GreenKey team on voice trading

Cloud9 Technologies (“Cloud9”), a leader in cloud-based communications, and GreenKey Technologies (“GK”), a leader in AI-powered conversational analytics, have teamed up to provide the institutional marketplace with an innovative solution that will enable a more efficient and secure extraction of voice trading data.

28 January 2020

News/Trade execution

Banks and exchanges join document automation consortium

A consortium formed by legal firms to explore the use of a new automated document exchange standard for capital markets firms has held its second meeting with participation from a swathe of banks and stock exchanges.

28 January 2020

Company update/markets

IS Prime adds Pelican copy trading tech

Award winning Prime of Prime and Liquidity Provider, IS Prime has partnered with Pelican Trading, the social copy-trading solutions and white label provider for brokers.

28 January 2020

Company update/wealth

Axel Maier joins welath investment AI startup MDOTM

MDOTM, the fintech startup that uses artificial intelligence to develop investment strategies to support banks, wealth and asset managers, keeps on growing, expanding its team with Axel Maier who joins as Global Business Development Strategist.

27 January 2020

Company update/ai

MarketAxess deploys H20.ai machine learning tech

H2O.ai, the open source leader in artificial intelligence (AI) and machine learning (ML), today announced that its open source platform, H2O, provides critical machine learning capabilities to MarketAxess, the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for the global fixed-income markets.

27 January 2020

News/crypto

Julius Baer launches digital assets service

Swiss wealth an management firm Julius Baer has launched a digital assets trading and storage service through a partnership with Finma-licenced Seba Bank.

27 January 2020

News/markets

SGX buys majority stake in index firm Scientific Beta

Singapore Exchange (SGX) is scaling up its Data, Connectivity and Indices (DCI) business through the acquisition of a 93% stake in Scientific Beta for EUR186 million in cash.

27 January 2020

Company update/Trade execution

OpenDoor introduces continuous order book for illiquid US Treasuries

OpenDoor Securities LLC (“OpenDoor”) has launched the first all-to-all continuous order book for off-the-run Treasuries (OFTRs) and Treasury Inflation-Protected Securities (TIPS), addressing a systemic liquidity issue for the government bond market.

23 January 2020

News/Trade execution

BMO to buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

22 January 2020

Company update/Trade execution

Colt cuts latency between Tokyo and Hong Kong stock exchange

Colt Technology Services, a leading provider of agile, high-bandwidth connectivity solutions, today announced that it has succeeded in reducing latency between Tokyo and Hong Kong stock exchanges substantially, realising the fastest connectivity between these two regions.

22 January 2020

Company update/markets

AxeTrading implements Overbond pricing analytics platform

AxeTrading, the fixed income trading software provider, and Overbond, the fixed income capital markets fintech for AI predictive analytics, today announced the integration of the Overbond COBI pricing analytic platform with the AxeTrader EMS for the buy-side, sell-side and agency brokers.

22 January 2020

Company update/markets

Digital Vega hires JPMorgan's Rob Wemyss as head of business development

Digital Vega, the leading FX Options e-trading platform and provider of FX Options trading solutions, today announced the appointment of Rob Wemyss as a Non Executive Director and Head of Business Development, to support its ongoing product development and global expansion strategy.

22 January 2020

Company update/Trade execution

Kooltra appoints James Green as CEO

Kooltra, a provider of cloud-based, integrated middle and back office technology for foreign exchange markets, has appointed James “Jay” Green as Chief Executive Officer.

21 January 2020

Company update/regulation

Iosco recommends synchronising clocks used for timestamping with UTC

The Board of the International Organization of Securities Commissions today issued a report recommending that trading venues and their participants synchronise the clocks they use for timestamping a reportable event with coordinated universal time (UTC).

21 January 2020

News/markets

Deutsche Bourse and Euronext eyed as potential Currenex suitors

State Street may be looking for a buyer for its multi-bank FX platform Currenex, with Deutsche Bourse and Euronext both in the frame as potential suitors.

20 January 2020

News/markets

US govt changes economic data access rules to slow down algo traders

The US government is tightening up rules that give media outlets early access to economic data over concerns that the current setup is giving high speed algorithmic traders a competitive advantage.

17 January 2020

News/crypto

Turkish banks switch on digital gold transfer network

Turkish banks have begun the transfer of a cryptocurrency representing physical units of gold via a blockchain platform developed by Istanbul Clearing, Settlement and Custody Bank (Takasban).

17 January 2020

Company update/Trade execution

Horizon Software unveils sell-side equity derivatives EOMS

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, has announced the release of a new version of its global EOMS product, adding significant and unique improvements for the automation of client order / execution workflow to its already market-leading solution.

16 January 2020