Silvergate Bank. A San Diego based bank that caters to innovative businesses in fintech and the cryptocurrency industry, is not exactly a household name that rings a bell, but in the world of digital assets, it reigns supreme. CNBC has said it is a “key to growth in the digital asset industry”, and the Wall…
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Multi asset, end-to-end trading solutions for the Sell and Buy sides smartTrade Technologies just announced that it has been chosen by Mizuho Bank Japan to deliver their next generation e-FX platform. smartTrade’s LiquidityFX platform provides low latency connectivity combined with sophisticated aggregation, execution, smart order routing, order management, distribution, analytics and risk management. Hiroaki Aoyama,…
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One of the most promising blockchain startups in the United Kingdom, Trustology, has created an iPhone-controlled crypto storage platform. The application is now available to users in the UK market and can be bought in the Apple App Store. The news comes from Finance Magnates. As of now, users who download the app will be…
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Despite a volatile market for the cryptocurrencies, blockchain technologies are thriving. Europe appears to be at the forefront of blockchain investments. According to a report by IDC’ Worldwide Semiannual Blockchain Spending Guide, Europe will spend more than $800 million in blockchain-related technologies in 2019. The total spending amount will reach the staggering $3.6 billion by…
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What was to become the world’s largest cryptocurrency IPO, that of Bitmain, has been postponed. The cryptocurrency mining equipment maker, Bitmain, filed for an application for an IPO on the Hong Kong Stock Exchange (HKEX), but it lapsed, so the process is at halt. According to news from Coindesk and from the HKEX webpage, the…
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Singapore Exchange (SGX) has just announced that it has acquired a 20% stake, by investing $25 million, in TradingScreen’s BidFX - a specialized trading platform for global FX markets, launched back in 2017. This investment will allow SGX to offer its Asian FX futures alongside BidFX’s OTC products, bringing together both pools of liquidity. BidFX…
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FastMatch, Euronext’s Electronic Communication Network (ECN) for Foreign Exchange (FX) trading, has announced earlier this week that it has expanded in Asia, establishing a new matching engine in Singapore. The new matching engine will be fully operational in the Q4 2019 and will allow customers in various Asia-Pacific markets including Singapore, Australia and Hong Kong…
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eToro, the Israel-based trading and investment platform, just weeks after launching its services in the United States, announced that it will purchase the smart contracts provider, Firmo for an undisclosed price. Through this purchase, eToro hops to grow the tokenized financial assets on its own platform. In particular, eToro was most interested in the technical…
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The FCA and AFSL regulated institutional foreign exchange liquidity and prime-of-prime service provider Advanced Markets has just announced that it has teamed up with the Silicon Valley fintech provider Fortex to launch the new MetaTrader 5 White Label program. Through its MetaTrader 5 White Label program, Advanced Markets will be distributing its liquidity to qualified…
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Liquidity Finder Ltd. has announced that the FCA regulated derivatives and FX broker Sucden Financial Limited has joined its interactive website www.liquidityfinder.com. Global Prime Pty Ltd and retail forex broker FXCM Group, LLC have already taken the same step earlier this year. Founder of LiquidityFinder, Sam Low commented: Sucden Financial, with its strong balance sheet…
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