Fixed income and OTC derivatives

314 articles tagged with this keyword

/Fixed income and OTC derivatives

Digital Garage and Blockstream test yen-pegged stablecoin

Blockchain infrastructure outfit Blockstream is joining forces with Japanese tech player Digital Garage and FS firm Tokyo Tanshi on a new venture building bitcoin and blockchain tools for the Japanese institutional market, beginning with a yen-pegged stablecoin.

/startups

Securities financing startup Wematch goes In-Residence with JPMorgan

JPMorgan has welcomed securities financing startup Wematch to its In-Residence fintech programme where it will work side-by-side with the bank over a six-month period to explore ways of applying its technology at scale.

/Fixed income and OTC derivatives

DTCC begins testing DLT platform for credit derivatives

The Depository Trust & Clearing Corporation (DTCC) is ploughing ahead with its project to re-platform its credit derivatives Trade Information Warehouse (TIW) on distributed ledger technology and cloud, enlisting 15 of the world's largest banks for a testing phase.

/Fixed income and OTC derivatives

Data skills now key for fixed-income traders

As they face up to sharp declines in fixed-income revenue and profitability, banks are looking to technology to bail them out to such an extent that top data management and analytics skills are being demanded from new sales and trading staffers, according to Greenwich Associates.

/Fixed income and OTC derivatives

Goldman Sachs to sell fixed income app

Investment bank Goldman Sachs is near to finding a buyer for its investment app Simon, according to reports.

/Fixed income and OTC derivatives

Citi invests in TransFicc

TransFicc, a UK-based startup founded by former LMAX executives to address fragmentation in fixed income markets, has scored a strategic investment from Citi as part of a deal that will also see it join the US bank's London innovation lab.

/Fixed income and OTC derivatives

BMO pilots blockchain for fixed income issuance

Bank of Montreal's capital markets unit has piloted the use of a blockchain platform for a pilot fixed income issuance transaction.

/Fixed income and OTC derivatives

Big banks join $32 million funding round in Axoni

Goldman Sachs and Nyca Partners have led a $32 million funding round in enterprise blockchain vendor Axoni.

/Fixed income and OTC derivatives

CBA and World Bank collaborate for DLT bond issuance

Commonwealth Bank of Australia is collaborating with the World Bank on the creation of a Ethereum-based platform for blockchain bond issuance.

/Fixed income and OTC derivatives

Euroclear takes stake in Algomi

Euroclear has made an undisclosed investment in fixed income liquidity matching firm Algomi.

/Fixed income and OTC derivatives

London Stock Exchange acquires stake in AcadiaSoft

The London Stock Exchange has acquired a 16% stake in AcadiaSoft in a bid to further streamline margin calculations and processing in the non-cleared derivatives market.

/Fixed income and OTC derivatives

Sberbank and MTS issue first Russian bonds on a blockchain

Sberbank and telco MTS have implemented the first Russian issue of commercial bonds via smart contracts utilising a blockchain platform developed by National Settlement Depository.

/Fixed income and OTC derivatives

DTCC laments lack of coordination on OTC derivatives trade repositories

While significant progress has been made during the last eight years towards establishing a global reporting framework for over-the-counter derivatives transactions, substantial work remains in the areas of data consistency, aggregation and access in order to be able to effectively monitor and reduce systemic risk, according to the DTCC.

/Fixed income and OTC derivatives

CME and NEX agree £3.9 billion deal to create trading powerhouse

CME Group has reached agreement on a £3.9 billion take over of the UK's NEX Group, in a deal that promises to transform the world's currency and sovereign debt markets.

/Fixed income and OTC derivatives

Fired Barclays trader testifies about use of FX algos

A London court has heard testimony from a fired Barclays FX trader about his use of the bank's FX algorithmic trading system in his bid to win his job back, reports Bloomberg.

/Fixed income and OTC derivatives

Wall Street heavyweights pilot DLT for equity swaps processing

Some of Wall Street's biggest names, including Goldman Sachs and JP Morgan, have completed a pilot that used blockchain smart contracts to manage equity swap transactions and post-trade lifecycle events.

/Fixed income and OTC derivatives

JPMorgan signs global deal with 'In-Residence' technology startup

JPMorgan has signed a multi-year contract with UK-based Mosaic Smart Data - the first graduate of the Wall Street bank's 'In-Residence' technology startup programme - spanning its global fixed income trading business.

/Fixed income and OTC derivatives

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.

/Fixed income and OTC derivatives

Goldman trebles algo bond trading programme

Investment bank Goldman Sachs has expanded the use of algorithmic trading in its fixed income division in a move that will treble the number of bonds included in the programme to 7,000.

/Fixed income and OTC derivatives

Deutsche Börse makes $10 million investment in Trumid

Deutsche Börse has made a $10 million minority investment in electronic bond trading network Trumid.