TradingTech Insight Trading Innovation (Machine Learning, AI & Blockchain) The latest content from across the platform

Simudyne Raises $6 Million to Develop Simulation Technology for Financial Services Firms

Simudyne, a simulation technology company, has closed $6 million Series A fundraising led by Barclays and including Graphene Ventures, an early investor in Snap and Lyft, and Gauss Ventures, an early investor in Revolut and Tandem, bringing total capital raised since Simudyne was formed to $10 million. The new funds will help Simudyne continue to…

Ensemble Capital Absolute Return AI Fund Goes Live with Numerix Oneview

Ensemble Capital, an absolute return global fund, has gone live with Numerix’s Oneview asset management solution for real-time risk and portfolio management. The hedge fund uses machine learning and deep learning AI algorithms to analyse market data, forecast moves, and trade currency and currency options to generate uncorrelated returns to traditional asset classes. The fund…

FINOS Releases Version 1.0 of the Financial Desktop Connectivity and Collaboration Consortium Standard

The Fintech Open Source Foundation (FINOS), a non-profit organisation promoting open innovation in financial services, has released version 1.0 of the Financial Desktop Connectivity and Collaboration Consortium (FDC3) standard. Founded and contributed to by OpenFin, the initiative brings connectivity and standards to the financial industry’s desktop applications. Gabriele Columbro, executive director of FINOS, says: “The…

Archax Partners Tokeny to Harness Digital Securities

Archax is partnering Tokeny, a compliant tokenisation platform delivering institutional grade solutions in the issuance, lifecycle management and secondary trading of digital securities. The partnership ensures that Tokeny’s issued security tokens will be listed on the Archax exchange. Luc Falempin, Tokeny CEO, says that for blockchain to become the preferred infrastructure in the industry, it…

Archax Partners Quod Financial for Trading Functionality

Archax, the institutional digital securities exchange set to launch in 2019, has partnered Quod Financial, a trading platform provider to the buy-side and sell-side, to integrate exchange access with elements of the Quod platform including connectivity, order management, smart order routing and trade automation. Graham Rodford, CEO at Archax, says the company wanted to integrate…

SIX Digital Exchange Provides Digital Asset Trading

SIX Digital Exchange (SDX) has opted for R3’s blockchain platform, Corda Enterprise, to provide digital asset listing and fully integrated end-to-end trading. Corda is designed to meet the standards of regulated environments. Many of R3’s members and investors, including Barclays, BNP Paribas, Citi, Credit Suisse, Deutsche Bank, HSBC, RBC, and UBS, are also SIX stock…

Algorithmic Trading and Smart Order Routing Post-MiFID II

A-Team Group’s London TradingTech Summit on February 27, 2019 hosted a lively discussion on Post-MiFID II use of algorithms and smart order routers (SORs). Gavin Williamson, former managing director, global head of product development and regulatory change at HSBC, moderated the debate that ranged from total cost analysis (TCA) and pre- and post-trade analytics to…

London Stock Exchange Invests in Cryptocurrency Startup Nivaura

Nivaura, a regulated fintech company that has developed a platform to automate primary issuance and administration of financial assets through a blockchain infrastructure, has closed a $20 million funding round from prominent partners including the London Stock Exchange (LSE). The funding will allow Nivaura to expand, complete product development more quickly and meet clients’ increasingly…

Castle Island Ventures Leads $1.9 million Investment in CoinMetrics

Coin Metrics, a provider of crypto asset market and network data, has closed a $1.9 million seed round of venture funding. Castle Island Ventures led the financing, with participation from Fidelity Investments, Highland Capital Partners and Dragonfly Capital. Tim Rice, co-founding CEO of CoinMetrics, says: “Our approach to aggregating crypto asset market data will use the guiding…

BSO Partners Stake Capital to Deliver Blockchain Staking-as-a-Service

Stake Capital, a provider of secure delegation services, has partnered network, cloud and hosting provider BSO to deliver blockchain staking-as-a-service for institutional cryptocurrency. The Stake Capital platform and its digital assets custodian services enable institutional investors to securely manage their crypto investments while viewing insights and analytics regarding their investments’ performance through staking and lending….