The Securities and Futures Commission (SFC) has fined BNP Paribas Securities (Asia) Limited (BNPP Securities Asia) $15 million for failures in relation to its dark liquidity pool trading services (Note 1).
Further evidence has emerged that French investment banks are exploring the potential of blockchain technology in the capital markets.
FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced the launch of a new Graphical User Interface (GUI).
CHAPS Co. (CHAPS), the UK’s same day high-value electronic payment system, has announced the addition of BNP Paribas as a Direct Participant onto its system.
A London-based start-up that invests in the technology behind crypto-currency bitcoin is planning to list on London's AIM in what is believed to be the first IPO for a blockchain company.
Thirteen major global banks, ICAP plc and market infrastructures The Depository Trust & Clearing Corporation (DTCC) and Euroclear have joined forces with AcadiaSoft, Inc. to solve a vexing industry problem involving margin flows.
A distributed blockchain system has the potential to completely upend post-trade infrastructure, leaving many current market players redundant, according to a BNP Paribas analyst.
BNP Paribas Securities Services, a leading global custodian and asset servicing provider, today announced it has been mandated to provide custody, settlement and liquidity services to four major Italian banks: Banco di Credito Popolare, Banca Popolare dell'Alto Adige, Banca Popolare di Vicenza and Veneto Banca *.
Eight months after having announced their plans to develop a new asset servicing model for TARGET2-Securities (T2S), Clearstream and BNP Paribas Securities Services have completed the functional analysis of their collaboration and signed a partnership agreement.
Paylib, a PayPal-style online payment system set up last year by French banks, is extending its reach thanks to the addition of Crédit Agricole as a member and a deal with MasterCard that will let people use the service abroad.
© Finextra Research 2015