Tag: Commerzbank

Forex Weekly Look Back
July 10, 2020 BY Steffy Bogdanova

Forex Weekly Look Back: Plus500 triples sales, Dukascopy announces white label partnership with Bank Sich in Ukraine

The institutional unit of FXCM Group, FXCM Pro, announced its has teamed up with trading technology provider Tradesocio. The two companies collaborated to provide banks, brokers, asset managers and other buy-side institutions with a full fintech solution that combines Tradesocio’s digital investment and trading technology with FXCM Pro’s institutional liquidity and global scale. Tradesocio’s client base…

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FXTM analyzed 70 M&A deals to show stock performance and GDP comps
March 18, 2019 BY Valentina Kirilova

Commerzbank and Deutsche Bank start official merger talks

Deutsche Bank and Commerzbank revealed on Sunday that they were in merger talks, which confirmed the rumors that had circulated hinting at the merger. The announcement did not come as a surprise given the manner in which Deutsche Bank has struggled since the 2008 financial crisis. However, the announcement triggered concerns by labor unions about the likelihood that…

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March 08, 2019 BY Valentina Kirilova

Deutsche Börse and Commerzbank complete first securities settlement on blockchain

Deutsche Börse and Commerzbank have successfully executed the first legally binding repo transaction settlement using distributed ledger technology. The test transaction was part of a collaborative proof of concept initiative built on a delivery versus payment model to determine whether blockchain networks can be used in securities settlement. The transaction was executed through the generation…

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First Republic Bank joins S&P 500 index, replaces Scana Corporation
February 22, 2018 BY Valentina Kirilova

Solactive launches Industrial Robotics & Automation Index to Commerzbank

Solactive has introduced the Solactive Industrial Robotics & Automation Index, a thematic index track- ing companies providing robotics and automation solutions in an industrial context. The index holds globally listed companies with a minimum market capitalization of USD 1 billion operating in sectors such as factory automation equipment, semiconductors, industrial machine parts, and programmable logic…

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April 06, 2017 BY Valentina Kirilova

HQLAᵡ selects Corda for collateral lending solution in collaboration with R3 and five banks

Financial innovation firm R3, five of its members and financial resource management specialist HQLAᵡ have built a collateral lending solution for liquidity transfers on R3’s Corda distributed ledger platform. Project participants CIBC, Commerzbank, Credit Suisse, ING, UBS and HQLAᵡ collaborated with R3 to develop an operating model for a digital collateral receipt (DCR) lending marketplace.…

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July 07, 2016 BY Valentina Kirilova

China raises Reserves requirement as Yuan hits 5+ year low

China puts into action requirements for foreign firms to settle foreign exchange forward yuan positions in the onshore market, the country's foreign exchange trading platform, operated by the central bank, said in a statement on Wednesday. Foreign firms will need to set aside 20% of the previous month's yuan forwards settlement amount as foreign exchange…

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March 03, 2016 BY Mike Fox

R3 trials blockchain fixed income trading with 40 banks

The trial marked an unprecedented scale of institutional collaboration between the financial and technology communities exploring how distributed ledgers can be applied to global financial markets. Just released is a major blockchain announcement from financial technology innovation company R3 CEV. In short, they connected 40 banks to five different blockchains and allowed them to facilitate…

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