Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Traders optimistic about arrival of digital assets and AI

Traders operating on the Swiss Stock Exchange believe that the maturing of AI and digital assets is set to reshape the capital markets, with demand from clients for crypto investing growing.

15 January 2020

Company update/markets

BMLL names industry heavyweight Paul Humphrey as CEO

BMLL Technologies, the data engineering and analytics firm, today announced the appointment of Paul Humphrey as Chief Executive Officer.

15 January 2020

Company update/crypto

Blockchain.com releases API for crypto traders

Blockchain.com, the leading provider of cryptocurrency products including the world’s most popular crypto wallet, has launched a trading API for cryptocurrency traders to access the deep liquidity and fastest matching engine in crypto on the Blockchain.com Exchange using automated trading algorithms.

14 January 2020

News/markets

Digital asset startup iStox raises $5 million ahead of live launch

Singapore-based digital asset trading and custody startup iStox has raised $5 million from South Korea's Hanwha Asset Management.

14 January 2020

Company update/markets

GAM signs long-term licence deal with SimCorp

GAM Investments today announced that it has signed a new long term licence agreement* with investment management solutions provider SimCorp.

14 January 2020

Company update/Trade execution

European trading platform Spectrum hires Unicredit exec

Spectrum, the new pan-European trading platform for retail investors in structured products, today announced the appointment of Christophe Grosset as Sales Executive. Based in Milan, Grosset will be responsible for the development of the business with brokers primarily in Italy and France. He will report directly to the CEO of Spectrum, Nicky Maan.

13 January 2020

Company update/regulation

SEC proposes changes to governance of market data

The Securities and Exchange Commission is seeking public comment on a proposed order to modernize the governance of National Market System (NMS) plans that produce public consolidated equity market data and disseminate trade and quote data from trading venues.

09 January 2020

Company update/markets

Capital and crypto markets tech provider AlgoTrader raises EUR3 million

AlgoTrader AG, a leading Swiss platform services provider for fully-integrated and automated quantitative trading and trade execution, for both traditional and digital assets, has completed a new round of financing from institutional growth investors.

09 January 2020

Company update/Trade execution

Beeks Financial Cloud scoops £2 million R&D grant from Scottish Enterprise

Beeks Financial Cloud Group Plc (AIM: BKS), the Glasgow-based leading cloud computing and connectivity provider for financial markets, is pleased to announce it has received a Scottish Enterprise R&D grant to invest in its Network Automation project.

08 January 2020

Company update/regulation

Esma assesses impact of circuit breakers on price volatility

The European Securities and Markets Regulator (ESMA), the EU’s securities markets regulator, today publishes a study on the market impacts of circuit breakers.

07 January 2020

News/Trade execution

ING spins out bond analytics fintech Katana

ING is to spin out bond analytics platform Katana, the latest graduate from the Dutch bank's fintech incubation labs.

07 January 2020

News/devops

Citi's investment bank to hire 2500 coders

Citi is the latest Wall Street giant looking to hoover up programming talent, embarking on a recruitment drive that will see it hire 2500 coders and data scientists for its investment bank this year.

06 January 2020

News/Trade execution

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2019

Company update/markets

RBC Direct Investing introduces no cost, real-time streaming quotes

RBC Direct Investing today announced that real-time streaming quotes on Canadian and U.S. stocks and exchange-traded funds (ETFs) are being provided to all clients at no charge, effective immediately.

19 December 2019

Company update/markets

Shenzhen Stock Exchange begins construction of third high-speed data centre

On December 17, the high-level data center of SZSE – the China Southern Information Technology Center for Securities and Futures Industry (the “Southern Center”) (phase II) had been officially launched.

19 December 2019

Finextra TV/sustainable

More and more banks joining the ESG agenda

Jonathan Hughes, Co-Founder, Pollinate International, speaks at Sustainable Finance. Live about how Pollinate are working with banks to inform them and their customers about better buying decisions to help the environment, changing consumer views about their carbon footprint, the supply chain & impact of purchasing data and whether enough banks have enough of an appetite for Sustainable Finance.

18 December 2019

Company update/markets

Capital markets software house genesis raises $1.8 million

genesis, the international capital markets software firm today announced the closing of its second capital raise, securing $1.8m of investment in a round that was led by Illuminate Financial Management, a U.K. based capital markets venture capital firm and Tribeca Early Stage Partners, a New York venture group.

18 December 2019

News/Trade execution

SIX acquires stake in securities token issuer daura

SIX has acquired a stake in token securities issuer daura as it prepares for the live launch next year of its digital asset exchange SDX.

18 December 2019

News/Trade execution

HSBC tops up OpenFin Series C with $5 million investment

HSBC has joined a Series C financing round in OpenFin, bringing the total amount raised by the desktop OS operator to $22 million and total funding to date to $45 million.

18 December 2019

Company update/markets

Horizon integrates algo trading platform with Wolverine Execution Services

Horizon Software (Horizon), a leading provider of electronic trading solutions and algorithmic technology, announces the integration of its algo-trading platform to Wolverine Execution Services, LLC, a leading provider of premier technology and execution services.

17 December 2019