Huobi Indonesia has announced that it has launched a local fiat gateway to enable a direct fiat-to-crypto trading facility between the Indonesian Rupiah (IDR) and Tether (USDT). Indonesian investors will now be able to use the local fiat currency to trade over 250 cryptocurrencies available on Huobi Indonesia's digital asset exchange. Local customers can now…
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Fnality and Finteum have announced last week that they have joined forces to deliver interoperability between the Finteum application, built on R3’s Corda platform, and Fnality’s Utility Settlement Coin (USC) solution, based on Ethereum. LeapRate reminds that Corda Network facilitates full interoperability between applications and businesses on Corda. This allows data used on one application to be shared…
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CySEC regulated brokerage company XSpot Markets (EU) Ltd., has just announced that it has teamed up with innovative brokerage technology company TraderEvolution Global. The firm will deliver its multi-market trading software suite to enable access to a true multi-asset offering. XSpot Markets will be using a multi-market trading software tailored for brokers and banks and…
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GCEX, FCA regulated digital technology solutions provider in Cryptoassets and Currencies for the institutional and professional segments, has just announced that it has joined Gold-i’s Matrix NETwork. GCEX will now be offering its crypto liquidity to Gold-i’s clients via the Gold-i Crypto Switch™ 2.0, part of the Matrix suite of products. GCEX (GC Exchange Limited)…
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It has been nearly two weeks since Google threw its hat into the competitive ring of large tech companies trying to leverage their respective customer bases by associating in some way with the payments industry. Financial institutions control the payment arena from the consumer through the merchant sector, but banks tend to be slow in…
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Torstone Technology, a global provider of post-trade securities and derivatives processing, has just announced that investment and trading company Saxo Bank Securities Ltd. Japan has gone live with the first phase of its migration to Inferno. Saxo Bank Japan has replaced its legal ledger legacy system with Inferno to support regulatory reporting on the cloud…
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The European Commission and European Investment Fund (EIF) has launched a new investment program for the benefit of developments in Artificial Intelligence (AI) and Blockchain technology. The initial scope of the fund will be €400 million, but it could grow to €2 billion over time. The new initiative is seen as a stopgap measure to…
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Itiviti, a technology, and service provider to financial institutions worldwide, has announced that Vivienne Court Trading (VivCourt) has extended the use of Itiviti’s trading technology. VivCourt is an Australia-based, socially conscious investment firm, which trades across Asia and is now expanding into China, EMEA and Brazil. VivCourt has been using Itiviti's technology since 2011 for options…
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FXCM Pro has announced today that it has partnered with FlexTrade, a company specialising in high performance execution management and order management systems for equities, FX, options futures and fixed income. The technology partnership includes FXCM’s institutional business and Flextrade’s “MaxxTrader” solution. FXCM through FXCM Pro provide retail brokers, small hedge funds and emerging market…
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According to Gartner, one of the world’s most respected consulting firms when it comes to divining new market trends, blockchain technologies will transform most, if not all, industries about the globe over the next decade. The firm just completed its latest annual survey on the topic and has determined that corporate CIOs are definitely on…
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