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Itiviti Sets Product Direction and Commits to Managed Services Following Ullink Merger
Itiviti has set out its solutions and services offer following the merger of Itiviti and Ullink in 2018. The resulting unified portfolio covers the trade lifecycle across all asset classes and is split into two sections: Connect, which covers connectivity including the companies’ FIX products and tools, and the NYFIX order routing network; and Trade,…
Cboe Europe Gets Go-Ahead to Join CME in Amsterdam for Post-Brexit European Trading
Cboe Europe, the most ‘pan’ of the pan-European equities exchanges set up in the wake of MiFID I, has received authorisation from the Dutch Ministry of Finance to operate its trading venues and MiFID II reporting mechanisms in the Netherlands, paving the way for it to go live with separate trading facilities for European clients…
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…
The Australian Securities Exchange Limited (ASX) Sells its 18.6% Shareholding in Iress
ASX Limited (ASX) has entered into an underwriting agreement to sell its 18.6% stake in IRESS Limited (IRESS), terminating an eighteen-year long investment. The sale has been underwritten at a fixed price of $11.95 per share and is expected to realise gross proceeds of $385 million. UBS AG, Australia Branch will act as sole lead…
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…
Beeks Financial Cloud Partners BeQuant Exchange
In a partnership facilitated by Equinix, Beeks Financial Cloud will host cryptocurrency exchange BeQuant’s matching engine on Beeks’ network within the Equinix LD4 data centre in London. . Operating in nine Equinix data centres, Beeks provides ultra-low latency hosting and connectivity. CEO of Beeks Financial Cloud, says: “The cryptocurrency market is constantly expanding, and by…
Gluskin Sheff + Associates Selects Broadridge Investment Management Platform
Wealth manager Gluskin Sheff + Associates has enlisted the help of Broadridge Financial Services to implement the latter’s hosted investment management platform and gain access to order management, compliance and data analytics capabilities. Jeff Moody, president and executive officer at Gluskin Sheff, says working with Broadridge allows the firm to pursue and execute growth opportunities…
TickSmith Partners with Vela for TCA Solution
Montreal-based TickSmith has added Vela’s SuperFeed to the range of data feeds available to users of its high-performance database platform. A project to deliver a cloud-based transaction cost analysis (TCA) solution for a Tier 1 global investment bank was the catalyst for the partnership. According to Francis Wenzel, TickSmith CEO, the unnamed investment bank was…
AkinovA Marketplace Selects Trading Technology from Aquis
AkinovA has selected Aquis Technologies, the financial and regulatory technology arm of Aquis Exchange, to provide part of its marketplace technology stack. AkinovA and Aquis have already developed specific functionalities and services for use in AkinovA’s electronic marketplace for the transfer and trading of (re)insurance risks, and AkinovA is incorporating Aquis solutions including the vendor’s…
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…