ESG Reporting Platform Greenomy Acquired by Position Green

Sustainability reporting solutions provider Greenomy has been acquired by ESG software developer Position Green.

Brussels based Greenomy, which had been majority funded by Euroclear, is hoped to provide Position Green with an across-the-board analytics and compliance offering.

CME Group to Launch BrokerTec Chicago with Major Banks Trading U.S. Treasuries

CME Group has announced that Citigroup, J.P. Morgan and Morgan Stanley will participate in trading cash U.S. Treasuries on BrokerTec Chicago when it launches on 6 October. At launch, clients will be able to trade all seven of BrokerTec’s on-the-run benchmark U.S. Treasuries, offered in smaller notional sizes and tighter price increments to align with the futures market. Access will be available through existing CME Globex connectivity, including the BrokerTec API.

The BrokerTec marketplace for fixed income trading, covering benchmark U.S. Treasuries and U.S. and EU repo transactions, is operated by CME Group. In the first quarter of this year, it set a record with a $1.05 trillion single-day average daily notional volume across its trading platforms. CME Group also reported a record 8.8 million average daily contracts traded in its U.S. Treasury futures and options during 2025.

FCA Consults on LSEG Rooftop Access Proposals to Address Competition Concerns

The Financial Conduct Authority (FCA) is investigating whether the London Stock Exchange Group (LSEG) and the landlord of its data centre building have restricted competition in the supply of low latency connectivity services (LLCS) between certain UK trading venues. Currently, only LSEG can place radio equipment on the rooftop of the data centre, which is crucial for providing high-speed connections between trading venues such as the LSE, Cboe Europe and ICE. The FCA is concerned this exclusivity could disadvantage rival LLCS providers.

To address these concerns, LSEG and the landlord have proposed ending LSEG’s exclusive rooftop rights. Under the commitments, LSEG would retain use of only part of the rooftop, while equivalent space would be made available to third parties on fair and reasonable terms. The FCA considers the proposals may resolve the competition issues and has launched a consultation before making a final decision on whether to accept the commitments and close its investigations.

Canoe Intelligence Launches Canoe Labs to Advance AI-Driven Alternatives Workflows

Canoe Intelligence has announced the launch of Canoe Labs, a dedicated incubator designed to develop next-generation workflows for the alternatives industry. The platform provides investment and operations professionals with early access to emerging AI capabilities, refining them in real-time through direct user engagement.

At launch, Canoe Labs introduces two core features: AI-powered document summarisation, which condenses lengthy fund documents and synthesises insights across multiple reports, and real-time language translation, enabling accurate processing of global investment materials without delays or misinterpretation. Both tools are designed with alts-specific terminology in mind, offering greater accuracy than generic AI solutions.

Canoe Labs is built on Canoe AI, the company’s proprietary architecture trained over 12 years exclusively on alternative investment documents.

Bybit Adopts Nasdaq’s Market Surveillance to Strengthen EU Compliance

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is adopting Nasdaq’s Market Surveillance platform to bolster its ability to detect and prevent market abuse in European markets. The move, operating under Bybit EU, is designed to ensure compliance with the EU’s Markets in Crypto-Assets Regulation (MiCAR), which requires digital asset exchanges to implement strict monitoring and reporting systems.

Nasdaq’s surveillance technology, used by more than 50 exchanges and 20 regulators worldwide, provides advanced tools and tailored features for crypto markets. Its flexible, modular design will support Bybit EU’s growth while meeting local regulatory requirements. Built on three decades of development, the platform integrates sophisticated algorithms and benefits from Nasdaq’s ongoing investment in research and infrastructure, reinforcing global market integrity and aligning with evolving international standards.

Options Technology Expands Private Cloud with New AI-Optimised Datacentre in Iceland

Options Technology has launched a new AI-optimised private cloud datacentre in Iceland, aimed at enhancing security, high-performance computing, and sustainability for capital markets clients. The facility, designed for high-density private AI workloads, offers a 72% reduction in per kVA costs compared with traditional U.S. sites. Powered entirely by renewable energy, it enables clients to achieve zero carbon emissions while benefiting from advanced liquid cooling systems, closed-loop water infrastructure, and sub-100ms connectivity to both Europe and North America.

The Iceland deployment responds to increasing demand from hedge funds, investment banks, and trading firms seeking secure and compliant environments for scaling AI workloads. It marks the first stage of Options’ wider infrastructure modernisation programme, with further AI-ready environments planned across global financial hubs in 2025 and beyond. The announcement follows a series of recent milestones, including recognition in the Broadcom/VMware Global Partner Program, expansion of its Cambridge operations, and the extension of Microsoft Cloud Solution Partner capabilities into Dubai.

OSTTRA Expands triBalance Optimisation Service with Eurex Clearing Integration

OSTTRA has expanded its triBalance interest rate initial margin and capital optimisation service to include Eurex. OTC derivative portfolios cleared through Eurex are now part of triBalance optimisation runs, helping firms reduce counterparty risk and improve efficiency across their derivatives portfolios. The move builds on OSTTRA’s existing central counterparty (CCP) coverage, which includes LCH, CME Clearing and JSCC, and strengthens optimisation across the $260 trillion interest rate swap market.

The service supports all major risk margin models, enabling firms to optimise margin and capital across multiple clearing venues. In Q2 2025, OSTTRA clients achieved record savings in initial margin, with overall interest rate savings rising 57% year-on-year and CCP margin savings increasing 89%.

OSTTRA’s triBalance platform delivers optimisation services across a wide range of OTC asset classes, including interest rate products, FX forwards, equity derivatives, credit default swaps and commodities. This broad coverage allows clients to release collateral and capital across their trading operations. OSTTRA includes MarkitSERV, Traiana, TriOptima and RESET, with TriOptima AB regulated by the Swedish Financial Supervisory Authority.

Wedbush Selects Broadridge as Strategic Technology Partner to Drive Platform Transformation

Broadridge Financial Solutions, Inc. has been chosen by Wedbush as its strategic technology platform provider to support the firm’s operational transformation and business growth. The partnership will enable Wedbush to expand into new asset classes, enhance client and advisor experiences, and strengthen its position in the evolving wealth, clearing and fintech sectors.

Following a detailed evaluation, Wedbush will adopt Broadridge’s trading and post-trade systems, workflow automation, corporate actions, regulatory reporting, and tax services. The integration is designed to fuel digital innovation, attract talent, and improve client engagement. Key features include a unified data layer, standardised APIs, real-time notifications, AI-driven insights, and support for emerging assets such as digital currencies and fractional shares.

The collaboration reflects Broadridge’s continued focus on enabling financial institutions to simplify complexity, scale operations, and accelerate digital transformation while supporting innovation across the wealth management industry.

Gemini Space Station Files for IPO on Nasdaq Under Ticker “GEMI”

Gemini Space Station, Inc., the global crypto platform, has announced the launch of its initial public offering (IPO) of 16,666,667 shares of Class A common stock. The company has filed a registration statement with the U.S. Securities and Exchange Commission (SEC). The offering price is expected to be between $17.00 and $19.00 per share, with Gemini and selling stockholders granting underwriters a 30-day option to purchase up to an additional 2,396,348 and 103,652 shares, respectively, to cover over-allotments.

Gemini has applied to list its Class A common stock on the Nasdaq Global Select Market under the ticker symbol “GEMI.” The offering will be led by Goldman Sachs & Co. LLC and Citigroup, with Morgan Stanley and Cantor also serving as lead bookrunners. Additional bookrunners and co-managers include Evercore ISI, Mizuho, Truist Securities, and several others. The proposed offering remains subject to market conditions and SEC approval.

Odeabank Becomes First in Türkiye to Implement Murex’s MX.3 for FRTB Compliance

Odeabank has become the first bank in Türkiye to adopt Murex’s MX.3 for Fundamental Review of the Trading Book (FRTB) compliance, ahead of the regulation’s implementation in January 2026. The MX.3 solution supports both the Standard Approach and the Internal Model Approach, ensuring full compliance with international regulatory requirements.

The implementation has streamlined Odeabank’s operations by establishing a single source of reference and trade data across departments, removing the need for internal reconciliations and reducing duplication. This consistency supports both front-office valuation and risk-side regulatory calculations. The system also offers transparent audit trails and explainable data for regulators, with compliance validated by ISDA certification and benchmark unit tests.

Odeabank also benefited from Murex’s extensive FRTB expertise, with the solution tailored to meet additional needs such as running what-if scenarios, strengthening the bank’s position as a leader in digital and regulatory innovation in Türkiye’s financial sector.