Latest Trade execution News: Finextra Research

Scotiabank gears up for the quantum computing age

As the quantum computing revolution gathers pace, Scotiabank in Canada has begun to explore the migration to encryption methods that can keep out the hackers of the future.

10 February 2020

News/Trade execution

RegTech startup SteelEye raises $10 million

Enterprise data management RegTech SteelEye has secured $10 million in growth capital in a round led by the FinTech Strategic Investments team at Eight Roads, the proprietary investment firm backed by Fidelity, alongside existing investor Illuminate Financial.

10 February 2020

News/Trade execution

Banks and exchanges join document automation consortium

A consortium formed by legal firms to explore the use of a new automated document exchange standard for capital markets firms has held its second meeting with participation from a swathe of banks and stock exchanges.

28 January 2020

News/crypto

Julius Baer launches digital assets service

Swiss wealth an management firm Julius Baer has launched a digital assets trading and storage service through a partnership with Finma-licenced Seba Bank.

27 January 2020

News/markets

SGX buys majority stake in index firm Scientific Beta

Singapore Exchange (SGX) is scaling up its Data, Connectivity and Indices (DCI) business through the acquisition of a 93% stake in Scientific Beta for EUR186 million in cash.

27 January 2020

News/Trade execution

BMO to buy Clearpool

Bank of Montreal has agreed to buy New York-based trading technology outfit Clearpool Group. Financial terms were not disclosed.

22 January 2020

News/markets

Deutsche Bourse and Euronext eyed as potential Currenex suitors

State Street may be looking for a buyer for its multi-bank FX platform Currenex, with Deutsche Bourse and Euronext both in the frame as potential suitors.

20 January 2020

News/markets

US govt changes economic data access rules to slow down algo traders

The US government is tightening up rules that give media outlets early access to economic data over concerns that the current setup is giving high speed algorithmic traders a competitive advantage.

17 January 2020

News/crypto

Turkish banks switch on digital gold transfer network

Turkish banks have begun the transfer of a cryptocurrency representing physical units of gold via a blockchain platform developed by Istanbul Clearing, Settlement and Custody Bank (Takasban).

17 January 2020

News/ai

Traders optimistic about arrival of digital assets and AI

Traders operating on the Swiss Stock Exchange believe that the maturing of AI and digital assets is set to reshape the capital markets, with demand from clients for crypto investing growing.

15 January 2020

News/markets

Digital asset startup iStox raises $5 million ahead of live launch

Singapore-based digital asset trading and custody startup iStox has raised $5 million from South Korea's Hanwha Asset Management.

14 January 2020

News/Trade execution

ING spins out bond analytics fintech Katana

ING is to spin out bond analytics platform Katana, the latest graduate from the Dutch bank's fintech incubation labs.

07 January 2020

News/devops

Citi's investment bank to hire 2500 coders

Citi is the latest Wall Street giant looking to hoover up programming talent, embarking on a recruitment drive that will see it hire 2500 coders and data scientists for its investment bank this year.

06 January 2020

News/Trade execution

Finextra's year in review

With 2019 drawing to a close, we take a look back at our most popular news items, videos and community engagement activities over the course of the past year.

23 December 2019

News/Trade execution

SIX acquires stake in securities token issuer daura

SIX has acquired a stake in token securities issuer daura as it prepares for the live launch next year of its digital asset exchange SDX.

18 December 2019

News/Trade execution

HSBC tops up OpenFin Series C with $5 million investment

HSBC has joined a Series C financing round in OpenFin, bringing the total amount raised by the desktop OS operator to $22 million and total funding to date to $45 million.

18 December 2019

News/Trade execution

Saxo Bank targets Chinese market through tech joint venture

Saxo Bank has formed a 50/50 joint venture with Chinese automotive group Geely Holdings to provide a suite of financial technology services to banks and fintechs in China.

17 December 2019

News/Trade execution

Nordic challenger Lunar targets entry-level investors

Lunar has set its stock trading feature live, after having joined forces with investment specialist Saxo Bank.

11 December 2019

News/Trade execution

Is Michael Bloomberg using trading terminals to boost his race for the presidency?

The independence of the Bloomberg news service and terminal estate is being called into question following the decision of the company's eponymous founder to enter the presidential race.

06 December 2019

News/crypto

Cryptocurrency firm Gemini hires Starling co-founder Sawyer to lead European expansion

Gemini, the cryptocurrency exchange set up by the Winklevoss twins, has hired Starling Bank co-founder Julian Sawyer to spearhead a move into the European market.

04 December 2019