Latest Trade execution News: Finextra Research

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

News/Trade execution

Saxo Bank targets Chinese market through tech joint venture

Saxo Bank has formed a 50/50 joint venture with Chinese automotive group Geely Holdings to provide a suite of financial technology services to banks and fintechs in China.

17 December 2019

Company update/regulation

Esma calls for strengthened supervision on suspicious transaction reporting

The European Securities and Markets Authority (ESMA) has today published a peer review report on how national competent authorities (NCAs) handle suspicious transactions and order reports (STOR) under the Market Abuse Regulation (MAR).

12 December 2019

News/Trade execution

Nordic challenger Lunar targets entry-level investors

Lunar has set its stock trading feature live, after having joined forces with investment specialist Saxo Bank.

11 December 2019

Company update/markets

GemTrade and TTC ship software only screen based voice trading turret

GemaTrade and TTC Solutions today announces the launch of MiTurret, the first software only screen based voice trading turret.

10 December 2019

Company update/Trade execution

Instinet launches electronic trading platform for spot FX

Instinet, LLC (“Instinet”) today announced the launch of Newport FX, an agency-modeli electronic trading platform for spot FX. Newport FX is a web-based desktop application that can be accessed through the firm’s Newport EMS, direct FIX API, or on a stand-alone basis.

09 December 2019

News/Trade execution

Is Michael Bloomberg using trading terminals to boost his race for the presidency?

The independence of the Bloomberg news service and terminal estate is being called into question following the decision of the company's eponymous founder to enter the presidential race.

06 December 2019

Company update/Trade execution

Euronext agrees to acquire control of Nord Pool

Euronext today announced it has entered into binding agreements to acquire 66% of the share capital and voting rights of the Nord Pool group[1], which runs a leading physical power market in Europe, operating from its headquarters in Oslo and offices in Helsinki, Stockholm, Tallinn, Berlin and London.

05 December 2019

Company update/Trade execution

DriveWealth to deliver fractional trading in US stocks to Thailand

DriveWealth, LLC, a U.S. based leader in global digital trading technology, announced today its first partnership in Thailand.

05 December 2019

News/crypto

Cryptocurrency firm Gemini hires Starling co-founder Sawyer to lead European expansion

Gemini, the cryptocurrency exchange set up by the Winklevoss twins, has hired Starling Bank co-founder Julian Sawyer to spearhead a move into the European market.

04 December 2019

Company update/Trade execution

LiquidityBook signs FNY Investment Advisers

LiquidityBook today announced that FNY Investment Advisers, LLC (“First New York”), a multi-strategy investment firm, has implemented the SaaS-based LBX Buy Side as its POEMS (portfolio, order and execution management system).

04 December 2019

Company update/Trade execution

DriveWealth, Stockal and HDFC Securities team on US sock market access for Indian investors

DriveWealth, LLC, a U.S. based leader in global digital trading technology, today announced it has partnered with SV Capital in India to enable fintech firm Stockal and HDFC Securities – one of the largest stock brokerage firms in India – to increase accessibility to the U.S. stock market for Indian investors.

04 December 2019

Company update/Trade execution

Nomura selects Pico to boost FX and rates businesses

Nomura, Asia’s global investment bank, has selected Pico, a leading provider of technology services for the financial markets community globally, to build, host and manage a new platform supporting its latest innovation programs in foreign exchange (FX) and rates trading businesses.

04 December 2019

News/Trade execution

LuxSE acquires stake in bond issuance startup Origin

The Luxembourg Stock Exchange has acquired a ten percent stake in London-based bond workflow outfit Origin.

04 December 2019

Company update/Trade execution

Plato Partnership and BMLL Technologies release Platometrics

Plato Partnership, the not-for-profit company working to improve the European equities marketplace, and BMLL Technologies, the data engineering and analytics firm, today announced the launch of Platometrics, a new market quality metrics tool.

03 December 2019

Company update/regulation

VoxSmart acquires Fonetic trading business

VoxSmart, the global leader in mobile surveillance technology, has announced its acquisition of the Fonetic Trading business to deliver a comprehensive communications surveillance offering for Capital Markets participants.

28 November 2019

Company update/Trade execution

AAX joins London Stock Exchange partner platform

AAX, the next-generation cryptocurrency exchange that offers over-the-counter, spot, and futures trading across a variety of digital assets, announced today that it has joined London Stock Exchange Group’s (LSEG) Partner Platform.

28 November 2019