Post-trade & ops

1197 articles tagged with this keyword

/Post-trade & ops

Credit Suisse and Instinet first to settle US equities on Paxos blockchain

Credit Suisse and Instinet have begun settling US securities on a bockchain-based post-trade platform supplied by Paxos.

/Post-trade & ops

National Stock Exchange of Australia to take on ASX with blockchain-based settlement system

The National Stock Exchange of Australia is to go head-to-head with the country's leading securities exchange ASX in a joint venture project to introduce a blockchain-based clearing and settlement system.

/Post-trade & ops

DTCC calls for industry-wide push to handle DLT security risks

The US Depository Trust and Clearing Corporation is floating the idea of forming an industry consortium to develop a coordinated strategy for addressing security risks in the implementation of distributed ledger technology in financial services.

/Post-trade & ops

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.

/Post-trade & ops

Axoni distributed ledger network for equity swaps processing goes live

Enterprise blockchain vendor Axoni and a group of 15 sell-side and buy-side firms have launched a distributed ledger network to manage equity swap transactions.

/payments

Square joins $14m funding round for cryptographic settlement startup Transparent

Transparent Financial Systems, a Seattle-based startup building cryptographic settlement technology has come out of stealth mode after raising more than $14 million in a Series A round led by Patnera Capital and joined by Square.

/Post-trade & ops

DTCC launches API marketplace

The Depository Trust & Clearing Corporation (DTCC) has launched an API marketplace it hopes will foster innovation and collaboration across developer and business communities.

/Post-trade & ops

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.

/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.

/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.

/Post-trade & ops

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.

/Post-trade & ops

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.

/Post-trade & ops

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.

/Post-trade & ops

Fidelity to launch digital assets business in Europe

Fidelity is to offer European institutional investors access to its platform for securing, trading and supporting digital assets, such as bitcoin.

/Post-trade & ops

State Street and Gemini combine on digital asset reporting

State Street is conducting a trial on measures to enable investors to consolidate reporting of digital assets held in custody by cryptoexchange Gemini, alongside traditional holdings serviced by the Boston-based bank.

/Post-trade & ops

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.

/Post-trade & ops

Cboe agrees EUR45 million deal to acquire EuroCCP

Cboe Global Markets has entered into a definitive agreement to acquire pan-European equities clearing house EuroCCP.

/Post-trade & ops

First transactions executed on Deutsche Bourse's blockchain-based securities lending platform

Commerzbank, Credit Suisse and UBS have successfully executed the first live transactions on Deutsche Börse's HQLAx securities lending platform.

/Post-trade & ops

New York state grants Fidelity digital asset charter

Plans by Fidelity Investments to launch a digital assets business have been given a boost New York's Department of Financial Services, which has grenlighted the firm's move into the state's rapidly growing virtual currency marketplace

/Post-trade & ops

Capitolis raises $40 million

Capitolis, a 'next generation' provider of capital markets technology founded by Gil Mandelzis, ex-Traiana, and Icap, Tom Glocer, ex-CEO of Thomson Reuters, and Igor Teleshevksy, formerly Traiana, has raised $40 million in financing from Spark Capital and SVB Capital.