Latest Trade execution News: Finextra Research

Traders split on success of MiFID II

Traders disagree over whether MiFID II has been successful, according to new research by SIX.

29 May 2018

Bloomberg FX benchmark now available on NEX eFix Matching Service

NEX Markets, a NEX business that provides electronic trading technology services in the fixed income and foreign exchange (FX) markets, today announced that Bloomberg FX (BFIX) rates will be added to the NEX eFix Matching Service, which enables customers to execute fixing interest electronically via the EBS Market platform.

29 May 2018

Company update/Trade execution

XTX to set up FX trading engine in Singapore

As part of its expansion in the Asian FX markets, XTX Markets’ Singapore entity (XTX Markets Pte. Ltd. (XTX)) is building a new electronic foreign exchange (eFX) pricing and trading engine which will go live in Equinix’s Singapore SG1 data centre in June 2018.

24 May 2018

News/Trade execution

Commerzbank FX transaction has big implications for blockchain in post-trade

The deployment of blockchain technology to streamline foreign exchange post-trade confirmation and matching has moved a step closer with the replication of an FX forward trade conducted by Commerzbank on behalf of thyssenkrupp across R3 Corda.

24 May 2018

News/Trade execution

Sberbank to test digital asset investment platform for ICOs

Sberbank and Russia's National Settlement Depository are to run an Initial Coin Offering in the Bank of Russia’s regulatory sandbox. Level One, a company that manages Moscow’s biggest commercial lecture hall, will be the issuer.

24 May 2018

Company update/Trade execution

Mosaic Smart Data adds two industry veterans to leadership team

Mosaic Smart Data (Mosaic), the FICC data analytics company, has added two finance and technology experts to its executive team as it continues to scale to service its growing customer base.

23 May 2018

News/Trade execution

Overstock unit and BOX prep security token exchange

The blockchain subsidiary of online retailer Overstock has teamed up with BOX Digital Markets to build a regulated security token exchange.

22 May 2018

Company update/Trade execution

Nyse names Stacey Cunningham as president

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced today that Stacey Cunningham will become President of NYSE Group, succeeding Thomas Farley, who has served in that role since 2014.

22 May 2018

Company update/Trade execution

CFTC issues new guidance for cryptocurrency listings

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) today issued a joint staff advisory that gives exchanges and clearinghouses registered with the CFTC guidance for listing virtual currency derivative products.

22 May 2018

News/Trade execution

IHS Markit to acquire Ipreo, sell off MarkitServ

IHS Markit is to acquire rival financial data firm Ipreo for $1.855 billion from private equity funds managed by Blackstone and the Goldman Sachs Merchant Banking Division.

21 May 2018

Company update/Trade execution

Viral Tolat joins TradAir as CEO

TradAir the leading front office FX trading solution, today announces that it has appointed Viral Tolat as Chief Executive Officer.

21 May 2018

Company update/Trade execution

LMAX opens institutional cryptocurrency exchange

LMAX Exchange Group (“LMAX Exchange”), which operates a leading FCA regulated trading venue, has launched the first physical crypto currency exchange dedicated to serving only institutional clients.

21 May 2018

Company update/Trade execution

Horizon Software expands its footprint in Indonesia

Horizon Software (Horizon), the world’s leading provider of electronic trading solutions and algorithmic technology, announced today its intention to expand into the growing Indonesian market during 2018.

21 May 2018

News/Trade execution

Cinnober plans cost reductions as diversification saps profits

Swedish capital markets software house Cinnober is planning costs reductions and a stake sale of one of its operating subsidiaries after reporting a slow start to the year and full-year 2017 losses of Skr97.6 million.

18 May 2018

Company update/Trade execution

Avelacom launches new Warsaw PoP at Atman Data Center

Avelacom is expanding its footprint in Warsaw making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe.

18 May 2018

News/Trade execution

Tel Aviv Stock Exchange plans blockchain securities lending platform

The Tel Aviv Stock Exchange (TASE) is working with Accenture to build a distributed ledger technology-based securities lending platform.

18 May 2018

Company update/Trade execution

Plato Partnership and Tradeweb unveil Tradeweb Plato eBlock

Plato Partnership, the not-for-profit company bringing creative solutions and efficiencies to today’s equity marketplace, and Tradeweb Markets, a leading global provider of fixed income, derivatives and ETF marketplaces, announced their intention to enter into a strategic partnership to deliver Tradeweb Plato ‘eBlock’.

17 May 2018

Company update/Trade execution

Kx upgrades database to support rapid analysis of unstructured data

Today First Derivatives announces that its Kx technology, a world leader in time-series analytics for streaming, real-time and historical data, now supports rapid access to unstructured data with the release today of kdb+ 3.6, the latest version of its database and analytics technology.

17 May 2018

Company update/Trade execution

SEB selects Itiviti and Ullink to work on systematic internaliser

Itiviti and ULLINK, the recently merged market-leading global provider of multi-asset trading technology and financial infrastructure, today announced that it was selected by the leading Nordic financial services group SEB to implement its new solution for client quote management and systematic internalisation.

17 May 2018

Company update/Trade execution

SmartTrade adds cryptocurrencies to trading platform

smartTrade Technologies, a multi-asset electronic trading solutions pioneer, announces today the addition of Cryptocurrencies to its award-winning FX Trading Platform, LiquidityFX (LFX).

17 May 2018