Trade execution

2054 articles tagged with this keyword

/regulation

Banks to pay $1bn over traders' use of WhatsApp

A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages.

/crypto

Russian firm claims digital token first

Atomyze, a Russia-based blockchain firm, has launched what it claims to be the country's first digital token to be backed by palladium.

/markets

Big banks test DLT-based intraday FX swaps and repo trading platform

Teams from 14 banks, including Barclays, NatWest and Citi, have trialled a DLT-based intraday FX swap and repo trading platform from Finteum.

/crypto

Big banks invest in institutional-grade crypto trading platform Talos

Institutional digital asset trading technology firm Talos has secured a $1.25 billion valuation after closing a $105 million Series B funding round joined by Citi and Wells Fargo.

/crypto

Commerzbank applies for crypto custody licence

Germany's Commerzbank is seeking to enter the crypto-assets market after a spokesperson revealed the bank has applied for a local crypto licence.

/startups

Stock trading API startup lemon.markets raises €15m

Lemon.markets, a Berlin-based startup that helps firms embed trading services via APIs, has raised €15 million in a seed funding round co-led by Lakestar and Lightspeed.

/crypto

Goldman Sachs executes first OTC crypto trade

Goldman Sachs has teamed up with Galaxy Digital Holdings to execute its first over-the-counter crypto options transaction.

/payments

Israeli fintech Tipalti sees valuation exceed $8bn

Tipalti, a provider of AI-powered commercial payments and accounting services, has completed a series F funding round that has seen its valuation reach $8.3 billion.

/crypto

Binance legal action sees thousands of claimants join ‘landmark’ proceedings

Thousands of disgruntled Binance customers have registered claims against the trading platform following the outages it faced in May 2021. Earlier this year, Liti Capital announced it is financing the proceedings to be brought in the Hong Kong International Arbitration Centre, with claimants being represented by White & Case LLP.

/crypto

Cboe buys digital asset exchange ErisX

Cboe Global Markets is making a major move into the cryptocurrency arena, agreeing to buy ErisX Digital Holdings, which operates a digital asset spot market, a futures exchange and a clearing house. Financial terms were not disclosed.

/markets

Credit trading platform Trumid raises $208m

Electronic credit trading platform Trumid has raised $208 million in financing led by Point Break Capital Management.

/crypto

Alpaca raises $50m; moves into crypto trading

Alpaca, a stock brokerage platform that offers APIs for fintech apps to connect and trade in US stocks, has raised $50 million and laid out its plan to launch cryptocurrency trading.

/markets

PayPal ponders stock trading platform

PayPal could be set to take on Robinhood and Square by allowing its American users to trade stocks, according to CNBC.

/crypto

Liti Capital to finance ‘landmark’ case against Binance

Proceedings against Binance will be brought in the Hong Kong International Arbitration Centre by a group of disgruntled Binance customers who were unable to trade on the platform during this year’s infamous May 19th crypto crash.

/markets

Appital raises £2.5m for equity capital marketplace

Appital, a London-based marketplace bidding to unlock latent liquidity in equity capital markets, has raised £2.5 million from Frontline Ventures and a host of angels.

/cloud

German banks use digital smart contract to trade OTC interest rate derivative

DZ Bank and BayernLB have traded an over-the-counter interest rate derivative in the form of a digital smart derivative contract, with the resulting payments settled daily via Deutsche Börse.

/cloud

Symphony buys voice trading tech supplier Cloud9

Financial communication platform Symphony has acquired New York-based voice trading software supplier Cloud9 Technologies. Financial terms were not disclosed.

/markets

Exegy and Vela merge

Exegy has merged with Vela Trading Systems, creating a global leader in low latency market data, trading platforms and predictive signals.

/regulation

WEF: Little market-wide agreement on DLT use in capital markets

A report from the World Economic Forum (WEF) and Boston Consulting Group (BCG) has found that while distributed ledger technology (DLT) offers the potential for significant market-wide transformation, market participants are still far from adopting this technology at scale at a market-wide level.

/crypto

Cryptocurrency’s complex quest toward building institutional infrastructure

If the normalisation of Bitcoin and crypto-at-large is to be achieved, there are fundamental challenges that this ‘non-analogue’ asset will be faced with. During Citi’s Digital Money Symposium, panellists of the ‘Institutional Infrastructure for Crypto’ session explored the obstacles crypto firms have faced while trying to carve out a footing within the institutional ecosystem.