TradingTech Insight Brief
Deutsche Börse Group and Circle to Collaborate on Stablecoin Integration for Financial Markets
Deutsche Börse Group and Circle Internet Group have signed a Memorandum of Understanding (MoU) to integrate Circle’s EURC and USDC stablecoins into Deutsche Börse’s financial market infrastructure. This agreement, a first of its kind in Europe, aims to develop new solutions for market participants by linking token-based payment networks with traditional financial systems. The initiative is made possible by the EU’s Markets in Crypto Assets Regulation (MiCAR), with Circle being the first major global issuer to achieve compliance.
The collaboration will initially focus on listing and trading the stablecoins on 360T’s digital exchange, 3DX, and through institutional crypto provider Crypto Finance, both part of Deutsche Börse Group. The partnership will also establish institutional-grade digital asset custody via Deutsche Börse’s post-trade business, Clearstream, using Crypto Finance as a sub-custodian. This move is a key step in Deutsche Börse’s digital leadership strategy, building upon its existing crypto services and complementing its work on wholesale central bank digital currencies.
TRG Screen Launches AI Assist Feature within PEAR Platform
TRG Screen has launched AI Assist, a new feature for its PEAR (Policies, Explanations, Analytics, Repository) platform. The tool introduces a conversational interface that allows users to ask plain-language questions about exchange licensing requirements and receive immediate, context-aware answers. The information is sourced directly from TRG Screen’s proprietary knowledge base.
Developed in-house and tested with customers, AI Assist is designed to save time and make it easier for market data and compliance professionals to interpret complex and frequently changing exchange policies. The feature provides users with free-form question capabilities, delivering answers in seconds.
This launch is a key step in TRG Screen’s wider artificial intelligence strategy. The company recently appointed Amjad Zoghbi as Head of AI to accelerate its AI development, and this new feature demonstrates how that investment is translating into client value by bringing AI-powered efficiency to market data management.
Canton Network Partners with Chainlink to Accelerate Institutional Blockchain Adoption
The Canton Network, a permissionless blockchain designed for institutional finance, has entered a strategic partnership with oracle platform Chainlink. The collaboration aims to accelerate the adoption of the Canton Network ecosystem by financial institutions. As part of the agreement, the Canton Network will join the Chainlink Scale programme and integrate key services, including Chainlink Data Streams, SmartData, and the Cross-Chain Interoperability Protocol (CCIP). Chainlink Labs will also operate as a Super Validator on the network.
This partnership provides institutions using Canton with access to Chainlink’s established infrastructure, which secures over $100B in assets across the digital economy. Under the Scale programme, the Canton Network will cover certain operating costs for Chainlink oracle nodes, thereby enhancing its own connectivity, resilience, and transparency. The move is designed to support further innovation in tokenised assets, stablecoins, and digital identity solutions on the network, which already supports over $6T in on-chain assets and processes $280bn in daily repos.
Eurex to Launch Quantitative Investment Strategies (QIS) Index Futures
Derivatives Exchange Eurex will launch a new trading segment for Quantitative Investment Strategies (QIS) index futures on 27 October 2025. The initiative is a partnership with Premialab, a specialist provider of QIS data and analytics. This move extends Eurex’s “futurisation” strategy, bringing products that are typically traded over-the-counter (OTC) onto a listed and centrally cleared platform to increase market access and efficiency.
The initial launch will comprise three index futures based on thematic strategies. The underlying indices have been developed by regulated administrators Société Générale and Solactive. Premialab will act as the designated data partner, supplying index levels, performance, and risk analytics to ensure transparency. The new listed products will offer clients cross-margining benefits with other derivatives cleared at Eurex. The exchange plans to expand the product suite based on client demand.
SOLVE Expands Fixed Income Platform with New Predictive Pricing and Analytics Capabilities
SOLVE, the pre-trade data and predictive pricing provider for fixed income markets, has introduced several enhancements to its platform aimed at giving market participants a more unified and actionable view of securities. The updates include new modules for capital structure analysis, enhancements to municipal bond pricing tools, and expanded business development company (BDC) analytics.
Among the new features, the Capital Structure for Workstation module offers an integrated view of bonds and loans across asset classes, with advanced search, portfolio upload, and interactive filtering options. The firm has also launched the AI-powered SOLVE Confidence Score for municipal bonds. Additionally, SOLVE now incorporates analysis from BDC sector expert Nicholas Marshi, providing investors with deeper insights into valuations and portfolio companies.
SOLVE processes around 2 billion data points daily across 1.5 million securities, with predictive pricing now available for more than 200,000 corporate bonds.
Bloomberg Adds AI Portfolio Commentary to PORT Enterprise for Enhanced Investment Analysis
Bloomberg has introduced AI Portfolio Commentary, a new feature within its PORT Enterprise platform, designed to provide automated explanations of portfolio return drivers. By combining attribution data with media coverage from sources such as Bloomberg News, the tool generates contextualised portfolio summaries, helping investment teams streamline reporting and focus on strategic decision-making across both fixed income and equity portfolios.
The update expands PORT Enterprise’s capabilities by delivering granular insights into allocation and selection decisions, supported by Bloomberg’s company-level data and risk models.
AI Portfolio Commentary aligns with Bloomberg’s wider initiative to integrate AI tools into its investment management solutions, including RMS Enterprise and the Bloomberg Terminal.
LSEG and Databricks Partner to Deliver AI-Ready Financial Data via Delta Sharing
The London Stock Exchange Group (LSEG) and Databricks have formed a strategic partnership to make LSEG’s financial data available natively in Databricks through Delta Sharing. The collaboration will initially provide access to Lipper Fund Data & Analytics and Cross Asset Analytics, with additional datasets including Pricing, Reference Data, Starmine models, Fundamentals, Estimates, Economics and Tick History to follow. These datasets will be accessible via the Databricks Marketplace, enabling seamless integration and discovery.
By combining LSEG’s financial data with Databricks’ AI and analytics platform, the partnership aims to transform how financial services teams build and deploy AI agents. Through Databricks’ Agent Bricks, institutions can integrate market data with enterprise datasets to create AI-powered solutions for investment analytics, risk management, trading, forecasting and compliance reporting. The approach allows teams to replace manual, batch-based processes with real-time, automated insights, accelerating decision-making and maintaining competitiveness in dynamic markets.
Deutsche Börse Enhances Scila Surveillance with Stockpulse Social Media Monitoring
Risk and surveillance solutions provider Scila has integrated Stockpulse’s advanced social media monitoring services into Deutsche Börse’s Scila Surveillance system, marking the first time a major exchange has adopted this combined solution. This latest enhancement is designed to improve oversight of both cash and derivatives markets.
Stockpulse, a Germany-based data analytics firm, specialises in applying AI to social media data processing. Its integration with Scila Surveillance provides Deutsche Börse’s market surveillance team with near real-time access to extensive datasets covering more than 70,000 equities and thousands of cryptocurrencies. The system delivers continuous updates on news, sentiment and activity, to support detection of market manipulation and fraud linked to online platforms.
By incorporating social media insights, the joint solution aims to strengthen Deutsche Börse’s ability to address the growing challenge of monitoring misinformation and coordinated campaigns that can disrupt market integrity.
Sterling Trading Tech Unveils OMS 360 with Full Real-Time Margin Enforcement
Sterling Trading Tech has launched OMS 360, a new order management system that delivers real-time enforcement of Reg T and Portfolio Margin rules across the entire order lifecycle. Built with SEC and FINRA compliance, the system aims to eliminate margin calls and regulatory breaches while supporting advanced trading strategies for banks, brokerages, and clearing firms.
Fully integrated with Sterling Risk Manager, OMS 360 provides continuous buying power checks and transparent margin monitoring. It offers native, real-time margin enforcement with full lifecycle coverage across Excess, Special Memorandum Account, Pattern Day Trader, and Portfolio Margin accounts.
The system is designed to ensure that margin requirements and buying power impacts are calculated and updated at every stage of trading – before, during, and after execution – giving firms greater confidence and control.
Beeks Financial Cloud Partners with TMX Datalinx to Deliver TMX Elastic Market Access Service
Beeks Financial Cloud Group has entered into an agreement with TMX Datalinx, the information services division of TMX Group, to provide its Exchange Cloud platform as TMX Elastic Market Access (TMX EMA), subject to regulatory approval. TMX Group, based in Canada, operates a range of markets including the Toronto Stock Exchange.
Through the partnership, TMX Datalinx plans to offer co-located Infrastructure-as-a-Service via Beeks’ Exchange Cloud. The fully managed TMX EMA service is designed for capital markets and provides a secure, low-latency and scalable hosting environment for trading and data analytics.
The deployment will enable market participants to access bare metal compute, dedicated connectivity and flexible on-demand infrastructure within the TMX Datalinx co-location facility. This initiative aims to support trading firms with high-performance, reliable infrastructure while offering greater agility and cost efficiency.