Latest Trade execution News: Finextra Research

Freetrade closes on $15 million funding in 2019

Commission-free stockbroking app Freetrade has closed a $15m fundraising round, comprising a $7.5m Series A investment from Draper Esprit and an equity crowdfunding rise of $7.5 million completed earlier this year.

01 November 2019

Company update/Trade execution

Trayport to provide trading platform connectivity for Nodal Exchange

Trayport Limited (Trayport), a wholly owned subsidiary of TMX Group, and Nodal Exchange, a Washington D.C.-based derivatives exchange serving North American commodities markets, today announced an agreement to offer Trayport’s core trading screen, Joule, to trading participants of Nodal Exchange.

31 October 2019

Company update/Trade execution

R.J. O'Brien chooses ION Global Trading Platform

ION, the largest global provider of trading, analytics, and risk management solutions for capital markets, commodities, and treasury management, today announced that R.J. O’Brien & Associates (RJO) has chosen the ION Global Trading Platform (GTP) to continue the strategic growth of its cleared derivatives business.

31 October 2019

Company update/Trade execution

GoldenSource creates data connection for Isin/LEI link

GoldenSource has announced a new data connection to support the Association of National Numbering Agencies (ANNA) and Global Legal Entity Identifier Foundation (GLEIF) initiative to link International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs).

31 October 2019

News/Trade execution

JPMorgan coders get trading licenses

A pair of JPMorgan Chase coders have been given the green light to bring their data skills to the trading floor.

30 October 2019

News/Trade execution

Confluence buys StatPro for £161.1 million

US investment data management outfit Confluence has sealed a deal to buy UK portfolio analytics company StatPro for £161.1 million.

29 October 2019

Company update/wholesale

Trading Technologies hires COO and chief growth officer

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, infrastructure and data solutions, today announced the hiring of two new executives: Russ Cotton as chief operating officer and Craig Mohan as chief growth officer. Both hires will start work next month.

29 October 2019

Company update/Trade execution

Wider use of LEIs could save banking industry up to $4 billion per annum

Research conducted by McKinsey on behalf of the Global Legal Entity Identifier Foundation (GLEIF) has concluded that wider use of Legal Entity Identifiers (LEIs) across the global banking sector could save the industry U.S.$2-4 billion annually in client onboarding costs alone.

29 October 2019

Company update/Trade execution

ICE launches ETF Hub

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of ICE ETF Hub, a new platform that is designed to enable the next phase of growth in the ETF market.

28 October 2019

Company update/Trade execution

TP Icap signs multi-year data and technology agreement with Refinitiv

Refinitiv announced today that it has signed a multi-year strategic agreement with TP ICAP to support its data needs for both its brokers and technology platforms.

28 October 2019

Company update/startups

Itarle creates special purpose fintech investment vehicle

Itarle AG (“Itarle”), a leading provider of high-performance best execution services to banks, has created Itarle Ventures GmbH, a new Special Purpose Vehicle (SPV).

28 October 2019

Company update/Trade execution

Nasdaq eases access to options market data

Nasdaq (Nasdaq: NDAQ) today announced the launch of Nasdaq Smart Options, a service that allows for easier access to essential options market data.

25 October 2019

Finextra TV/Trade execution

Outlook for Treasury Ecosystems in 2022

Thomas Zink, Research Director, IDC & Tim Tyler, Global Industry Principle, Corporate, Finastra, speak about Finastra's on treasury trends, the shift in treasurers priorities, what banks need to do to stay relevant and future proof, and what technology banks can look to to support them going forward.

24 October 2019

Company update/Trade execution

Consortium formed to push machine-readable trade language

A new consortium with a focus on General-purpose Legal Mark-up Language (GLML) has been created to facilitate automation in financial markets.

23 October 2019

Company update/Trade execution

Coleman Research releases Expert Relationship Management Platform

Coleman Research, a leading global provider of primary research, today announced the launch of its Expert Relationship Management (ERM) platform, a SaaS offering that helps research providers and buyside firms manage their interactions with industry experts.

23 October 2019

News/Trade execution

Securities numbering agency Anna sets up digital asset taskforce

Anna, the global body behind the assignment of International Securities Identification Numbers (Isins), has set up a technology taskforce to explore ways of extending its standards to digital asset trading.

23 October 2019

Company update/Trade execution

IHS Markit enters joint venture with Hundsun to bring electronic bookbuilding to Chinese bond market

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced the formation of a joint venture with Hundsun Technologies (Hundsun) to deliver a new, end-to-end electronic bookbuilding solution for bond syndication in mainland China.

22 October 2019

Company update/ai

IHS Markit to double the number of companies covered by its Dividend Forecasting service

IHS Markit (NYSE: INFO), a world leader in critical information, analytics and solutions, today announced that it is using advanced analytics to more than double the number of companies covered by its Dividend Forecasting service.

21 October 2019

News/Trade execution

Citi partners with WorldLink to enhance supply chain offering

Citi’s Treasury and Trade Solutions (TTS) has strengthened supplier finance offerings in partnership with the bank's internal platform WorldLink, allowing clients to transact and settle across multiple major currencies in the US with plans to expand globally.

21 October 2019

Company update/Trade execution

London Stock Exchange commences post-trade shake up

LSEG Q3 2019 trading statement: Strong Q3 performance across all parts of the Group – LCH continues to grow strongly in OTC products; FTSE Russell performing well with growth in subscription revenues.

18 October 2019