TradingTech Insight Trade Execution Technology The latest content from across the platform
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…
Brexit: FIA Co-Signs Letter to European Commission on Equivalence of Trading Venues
The FIA, along with numerous other industry organisations, has signed a letter to European Commission Vice President Valdis Dombrovskis regarding the equivalence of UK trading venues. The letter requests urgent action by the EU authorities to adopt equivalence decisions regarding UK trading venues under EMIR and MIFID in the event of the UK leaving the…
SX Sells its 18.6% Stake in IRESS
The Australian Securities Exchange (ASX) has entered an agreement to sell its 18.6% stake in IRESS, terminating an 18-year investment in the developer of software and services for financial markets and wealth management. The sale has been underwritten at a fixed price of $11.95 per share and is expected to realise gross proceeds of $385…
CAT NMS Names FINRA as Plan Processor for the CAT after Dropping Thesys
CAT NMS has selected the Financial Industry Regulatory Authority (FINRA) as plan processor for the consolidated audit trail (CAT), having dumped previous plan processor Thesys Technologies earlier this year. CAT NMS, which is responsible for implementation of the CAT, has also released updated industry member technology specifications and industry member technical specifications scenarios.
TradingTech Summit Discusses Brexit, Market Complexity, Innovation, and More!
A-Team Group’s first TradingTech Summit under the TradingTech Insight brand got off to a great start with Beate Born, executive director of risk and regulatory management at UBS Wealth Management, providing an inspirational industry keynote on the outlook for risk, regulation and sustainability in 2019. The presentation not only set the scene for the summit,…
BSO Innovation Award Recognises OpenFin’s Disruptive Approach to Desktop Apps
This year’s A-Team Group TradingTech Insight Europe Awards included a special innovation award sponsored by network, cloud and hosting provider BSO. The award was won by OpenFin, provider of an open source, standardised operating environment that allows interaction and interoperability between financial desktop apps. BSO sponsored the innovation award on the basis of its own…
A-Team Group Names Winners of its 2019 TradingTech Insight Europe Awards
Congratulations to the winners of A-Team Group’s 2019 TradingTech Insight (TTI) Europe Awards. The awards were celebrated during a lively drinks reception hosted by A-Team president and chief content officer Andrew Delaney after the close of the company’s TradingTech Summit in London on February 27, 2019. The awards recognise excellence in trading solutions and services…
TickSmith Releases Transaction Cost Analysis (TCA) Tool
Montreal-based TickSmith has made available its Transaction Cost Analysis (TCA) solution offering, providing clients with a library of industry standard transaction cost analytics. Deployed as a turnkey solution with all the flexibility of a custom application, TickSmith’s TCA offering can be calibrated to suit unique client requirements. The TCA add-on to the TickSmith analytics platform…
ICE Clear Europe Set to Weather a No-Deal Brexit
Intercontinental Exchange (ICE) has been recognised as a third-country central counterparty in accordance with European Market Infrastructure Regulation (EMIR), which means that in the event of a no-deal Brexit, ICE Clear Europe can continue to service all its clearing members and customers, including those based in the EU. In the absence of a withdrawal agreement…
SPiCE VC Invests in Forthcoming Digital Securities Exchange Archax
SPiCE VC, a fully tokenised venture capital fund, is investing in Archax, a forthcoming London-based institutional digital securities exchange. With plans to launch in 2019, Archax is primed to provide a venue for institutions and professional investors to trade in all types of security tokens globally. As part of SPiCE’s investment, Ami Ben-David will be…