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Illuminate Financial and Commerzbank's Main Incubator pump EUR1 million into TransFicc

TransFicc, a UK-based startup founded by former LMAX executives to address fragmentation in fixed income markets, has secured €1 million in early stage investment from Illuminate Financial and Commerzbank fintech fund Main Incubator.

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CoinShares trades Ethereum ETN on Nasdaq Stockholm

Investors seeking exposure to the price movement of ether, the native token of the Ethereum platform, just got a new, but familiar option: two Exchange Traded Notes (ETNs) which track the price of Ether - Ether Tracker One (COINETH:SS) and Ether Tracker Euro (COINETHE:SS).

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Fake news: Dow Jones blames technical error for headlines claiming Google is buying Apple

Dow Jones has blamed a "technical error" for a series of fake news headlines on Tuesday morning which claimed that Google was acquiring Apple for the bargain price of $9 billion.

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Adjoint joins Isda blockchain working groups

Adjoint, developer of a smart contracts platform and distributed ledger technology for the financial services industry, announced today that it has joined International Swaps and Derivatives Association (ISDA). Adjoint will contribute to the working groups on Distributed Ledger Technology and Smart Contracts.

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BME provides online securities platform for Bankia

BME, through its new technology subsidiary BME Inntech, has developed Bankia's new online securities operation as part of the digital transformation process being carried out by the financial institution.

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Revista messaging repository launches in UK

Today sees the official UK launch of Revista Systems; a new firm created to support the specialised communications needs of the financial services community.

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ADX showcases blockchain voting at AGMs

Abu Dhabi Securities Exchange (ADX), the region’s leading financial market, has unveiled its latest digital services as part of its participation in the Abu Dhabi Digital Government stand, during GITEX Technology Week 2017.

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Deutsche Bank open sources Autobahn code

Deutsche Bank aims to create a common industry standard for trading technology by making its own computer code publicly available for the first time.

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New South African stock exchange A2X opens for trading

A2X Markets (A2X), South Africa’s newest stock exchange, made its debut this morning with three listings and four of the industry’s leading brokers on board.

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Thomson Reuters launches trading application for African bond markets

Thomson Reuters has launched Fixed Income Callouts, a flexible and transparent App on the Eikon platform that facilitates the negotiations and agreements of fixed income bond trading terms within banks in country and across African markets, improving price discovery, market monitoring, execution and market transparency.

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Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

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CFTC commissioner: plans to seize algo trading source code are 'D-E-A-D'

The Commodity Futures Trading Commission (CFTC) is killing off controversial plans to seize algorithmic traders' source code.

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Research reveals new payments drivers

Wim Raymaekers , Head of Banking Market and SWIFT gpi, SWIFT, introduces SWIFT’s new research with BCG, and talks about the changes payment platforms and processes are currently undergoing, the main drivers behind this and how the industry will evolve in the future.

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A closer look at TIPs

Jerry Norton, Vice President, Financial Services, CGI, talks about the ECB’s planned new settlement service TIPS, what this is designed to offer, why it is controversial, and the market’s reaction so far.

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Bloomberg unbundles chat to take on Symphony

Bloomberg is reportedly unbundling chat services from its desktop terminal subscriptions, instead charging clients a flat $10 a month per user in an effort to combat the threat posed by messaging rival Symphony.

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Cinnober rebrands Boat as Simplitium

Moving forward, Cinnober will market its subsidiaries using a new Group profile. This will more clearly position the offering toward the respective market segments and showcase the synergies within the Group.

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New DLT consortium forms for syndicated lending market

A consortium of fintechs and banks has developed a distributed ledger technology (DLT) platform for the syndicated lending market.

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Startup Finbourne launches Lusid cloud-based utility for asset managers

LUSID, which stands for ‘Liberated Unified Secure Investment Data-machine’, is a new cloud-based asset management platform which will replace existing in-house software and hardware.

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Tech spending key to fixed-income market share growth

Bond dealers that want to boost their market share growth need to spend big on technology. That's the message of a new report into IT spending in fixed income trading.

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Capital markets firms daunted by resource requirements for cloud, AI and DLT

A new report released by Broadridge Financial Solutions, Inc. (NYSE:BR) based on research by Greenwich Associates, examines the impact that cloud computing, artificial intelligence (AI), and distributed ledger technology will have in driving new revenue and cost savings opportunities for capital markets firms.