Category: Institutional

collaboration
October 27, 2020 BY Steffy Bogdanova

Itiviti makes its entire electronic trading platform to the cloud via AWS

Antoine Moreau, Head of Infrastructure Services at Itiviti said: This cloud initiative follows a massive infrastructure upgrade of our NYFIX order routing network. This project will increase our platform’s adaptability in a context of accelerated virtualization of the capital markets. Itiviti will further utilize technologies such as microservices and containerisation to develop and deliver new…

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partnership
October 27, 2020 BY Steffy Bogdanova

Brokeree Solutions partners with Skale CRM

David Nussbaum, Skale Founder and CEO commented: Our partnership with Brokeree and the addition of their services to the Skale Marketplace provides a huge leap forward for our brokers that are looking for advanced trading solutions. This partnership follows our vision to provide the best of breed 3rd party applications in our Skale Marketplace that…

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Banco del Estado de Chile goes live on Edgewater Markets’ new trading platform
October 23, 2020 BY Steffy Bogdanova

Banco del Estado de Chile goes live on Edgewater Markets’ new trading platform

The platform provides Banco del Estado de Chile with customized branded solution for its clients, traders and sales teams, while preserving internal workflows, algorithms and hedging strategies. The fully automated access to Datatec’s onshore marketplace provides Banco del Estado de Chile with real-time hedging for both onshore and offshore trade flows through a fully electronic…

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Collaboration
October 23, 2020 BY Steffy Bogdanova

Finastra and CloudMargin team up to deliver collateral management as a service

Stuart Connolly, CEO of CloudMargin commented: We’re delighted to provide the technology for this critical component of Finastra’s offering. The integration of our collateral management workflow tool into Finastra’s treasury and capital markets solutions creates a strong value proposition to support the full range of needs – from front to back office – of its…

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CLS Group trading volumes
October 22, 2020 BY Steffy Bogdanova

CLS reports steady volumes MoM in September

CLS’s Head of Information Services, Masami Johnstone, commented: Daily traded volumes in September were up sharply (+8.2%) versus the previous month, at USD1.79 trillion. This comprised FX swap volumes of USD1.25 trillion (+5.2%), forward volumes of USD108 billion (+40.3%) and spot volumes of USD427 billion (+11.2%). Compared to September 2019, FX swap volumes were down…

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Cboe Global Markets
October 19, 2020 BY Steffy Bogdanova

Cboe Global Markets to acquire BIDS Trading

Ed Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer said: We are pleased to build upon our innovative and successful partnership with BIDS Trading, which began with the 2016 launch of Cboe LIS, now one of the largest European equities block trading platforms. The acquisition complements our US equities trading business by expanding…

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partnership
October 14, 2020 BY Steffy Bogdanova

Broadridge to streamline Britannia Global Markets’ international post-trade security operations

Ian Johnson, Chief Executive Officer of Britannia Global Markets commented: With Broadridge as our partner, we will have a firm foundation for growth as we expand our securities business and deliver continued value to our clients. Broadridge’s solution, backed by its high service standards and capital markets expertise, will help advance our operational efficiency and…

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October 14, 2020 BY Steffy Bogdanova

LCH SA to support EU’s SURE program by clearing bonds

Under the SURE programme €87.4 billion of loans will be provided to 16 EU member states. The programme aims to help finance increased national expenditure on short-term work schemes and other similar measures. Similarly, LCH SA will back and clear the upcoming Next Generation EU Bonds. Christophe Hémon, CEO, LCH SA, commented: The Covid-19 pandemic…

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Acquisition
October 12, 2020 BY Steffy Bogdanova

TP ICAP agrees to buy Liquidnet in $575m deal

TP ICAP CEO, Nicolas Breteau commented: Acquiring Liquidnet is a unique opportunity to transform TP ICAP’s growth prospects by materially accelerating the execution of our electronification, aggregation, and diversification strategy. Liquidnet is a cash Equities dark/block trading global specialist, with a growing Fixed Income presence. The trading venue provides its buyside clients who exceed 1,000…

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