Latest Post-trade & ops News: Finextra Research

Nasdaq to pilot blockchain for proxy voting in Estonia

Nasdaq is to use blockchain technology to streamline proxy voting on companies listed on the US Exchange-held Tallinn Stock Exchange.

12 February 2016

News/Post-trade & ops

European Commission confirms MiFID II delay

The European Commission has confirmed a one-year delay to the introduction of new trading rules for capital markets firms under the MiFID II regime.

10 February 2016

News/Post-trade & ops

Markit acquires syndicated loans tech from JPMorgan

Markit has acquired syndicated loan technology from JPMorgan in a bid to ease third party connectivity issues for market participants and shorten loan settlement timeframes. Financial terms were not disclosed.

09 February 2016

News/Post-trade & ops

It may take ten years, but blockchain tech will totally transform capital markets

European clearing and settlement agency Euroclear has called on financial market participants to collaborate and embrace the long-term potential of blockchain technologies for cutting IT costs and driving down post-trade and securities servicing fees.

03 February 2016

News/Post-trade & ops

Goldman and IBM join Digital Asset Holdings funding round

Goldman Sachs and IBM have jumped aboard Digital Asset Holdings' recent investment round, taking the blockchain startup's haul to more than $60 million.

02 February 2016

News/Post-trade & ops

JPMorgan begins blockchain trial - FT

JPMorgan has begun a trial project to test the use of blockchain technology in its loan trading operations, according to a report in the Financial Times.

01 February 2016

News/Post-trade & ops

DTCC calls for industry coordination on distributed ledger tech

The Depository Trust & Clearing Corporation (DTCC) has pitched itself as the coordinator of an industry-wide investigation into whether distributed ledger technology is the answer to "certain limitations" in the post-trade process.

25 January 2016

News/Post-trade & ops

Financial industry giants join $50m Digital Asset Holdings funding round

Digital Asset Holdings, the blockchain startup helmed by former JP Morgan luminary Blythe Masters, has raised more than $50 million in a funding round joined by some of the biggest names in financial services, including Citi, Deutsche Börse and Santander InnoVentures. One of the investors, the ASX, has also handed Digital Asset a contract to design a post-trade settlement system using distributed ledger technology.

21 January 2016

News/Post-trade & ops

R3 runs blockchain proof-of-concept with eleven banks

Bank-backed blockchain collaboration outfit R3 has announced the completion of a distributed ledger experiment involving eleven of the world's largest financial institutions.

20 January 2016

News/Post-trade & ops

Markit to buy Loan/SERV position reconciliation tech assets

Financial data outfit Markit has agreed to buy the position reconciliation technology assets of Loan/Serv from the Depository Trust & Clearing Corporation (DTCC). Financial terms have not been disclosed.

11 January 2016

News/Post-trade & ops

Crazy fintech predictions for 2016

Pascal Bouvier, newly installed as a venture partner with Santander Innoventures fintech venture fund, dusts off his crystal ball and peers into the not-too-distant fintech future.

04 January 2016

News/Post-trade & ops

Nasdaq sees in the New Year with first blockchain transaction

Nasdaq is claiming a major step forward in the use of blockchain technology in capital markets after documenting a successful private securities transaction via its distributed ledger-based Linq platform.

04 January 2016

News/Post-trade & ops

2015: That was the year that was

As Finextra pulls the shutters down on 2015, we take a look back at our most popular news stories, videos, and community engagement activities over the course of the past year. The site will re-open for business on 4 January 2016.

23 December 2015

News/Post-trade & ops

London Stock Exchange advances on ETF market with XTF acquisition

The London Stock Exchange has acquired XTF, a US-based provider of analytics and ratings data for the fast-growing exchange traded funds (ETF) asset class.

21 December 2015

News/Post-trade & ops

ECB goes back to drawing board to draft new T2S timetable

The European Central Bank has once again revised the timetable for central securities depositories migrating to the harmonised clearing and settlement platform T2S in the wake of hold ups at the bloc's two largest groups Euroclear and Clearstream.

18 December 2015

News/Post-trade & ops

SETL commences fundraising; appoints former BofE exec Sir David Walker as chairman

Sir David Walker, a former executive director of the Bank of England, joins the ranks of financial luminaries clambering aboard the blockchain bandwagon by joining cryptographic payments and settlement infrastructure startup SETL as chairman.

15 December 2015

News/Post-trade & ops

Isitc looks to reboot with new interim CEO

Financial industry association Isitc Europe has appointed Citi's Nigel Solkhon interim chief executive as its bids to reboot and establish itself as a significant voice in the post-trade sector.

04 December 2015

News/Post-trade & ops

Goldman files cryptocurrency-based settlement system patent

Banking giant Goldman Sachs has filed a US patent application for a "cryptographic currency for securities settlement".

02 December 2015

News/Post-trade & ops

Commodities market consortium to explore blockchain for post-trade

Post-trade technology company Kynetix is working with a consortium of industry stakeholders to explore the use of distributed ledgers in handling title ownership and transfer in the commodities market.

24 November 2015

News/Post-trade & ops

FIX taps third party developer community for standards building

The FIX Trading Community is opening its technical standards process to software developers throughout the financial industry using GitHub, with several high performance projects already published to the repository.

23 November 2015