Post-trade & ops

1183 articles tagged with this keyword

/crypto

Bitpanda crypto exchange spins out with €30m funding

Digital asset exchange Bitpanda Pro has spun out from its parent company and raised €30 million in a funding round led by Peter Thiel’s Valar Ventures.

/wholesale

Deutsche Bank applies for digital asset licence

Deutsche Bank has become the latest investment bank to announce its push into the crypto custody market.

/markets

FIA Tech snags $25.4 million for Trade Data Network

Seven major global banks have shelled out $25.4 million to fund the ongoing development of a post-trade service for exchange traded derivatives.

/markets

Delta Capita buys SETL capital markets business

Delta Capita is setting up a distiributed ledger venture, acquiring the capital markets business of blockchain firm SETL and signing up Montis Group as an anchor client and minority investor.

/markets

UK market participants sees risks in move to T+1

As the US prepares to shorten the settlement cycle, market participants in the UK are expressing concern about potential operational, technological and cost hurdles, warns a report from Torstone Technology.

/crypto

Nomura invests in digital asset clearing house ClearToken

Nomura's digital assets subsidiary, Laser Digital, has invested in ClearToken, a startup prepping a clearing house to the digital asset marketplace. Terms of the investment were not disclosed.

/people

ASX adds dedicated CIO position

The Australian Securities Exchange (ASX) is creating a standalone technology division under a dedicated chief information officer.

/crypto

Crypto firm Copper makes job cuts

UK digital asset custody and trading startup Copper is ditching its enterprise business and making job cuts as it faces up to the crypto sector's market and regulatory woes.

/regulation

SEC finalises rules for move to T+1

The Securities and Exchange Commission has finalised rule changes to cut the settlement cycle to one business day in order to reduce risks in the clearance and settlement of securities.

/markets

BNP Paribas invests in AccessFintech

BNP Paribas is the latest banking giant to invest in AccessFintech, joining a previously announced Series C funding round for the capital markets specialist.

/markets

LSEG to acquire Acadia

London Stock Exchange Group is to acquire Acadia, a provider of automated margin processing and integrated risk services for uncleared deriviatives.

/markets

ASX takes A$250m hit after scrapping DLT-based Chess replacement project

The Australian Securities Exchange (ASX) is pulling the plug on its much-delayed blockchain-based post-trade network, writing off about A$250 million.

/wholesale

Survey shows support for shorter settlement cycles

The majority of market participants expect the settlement cycle for equities to shorten to T+1 within the next five years, according to recently published research.

/markets

Swift to bring end-to-end view of post-trade processing

Following a successful pilot, Swift is gearing up to launch a service designed to increases transparency in post-trade processing and prevent settlement fails.

/markets

Wall Street giants join $60m AccessFintech funding round

Capital markets specialist AccessFintech has closed a $60 million Series C funding round led by WestCap and joined by a host of big banks, including BNY Mellon and Bank of America.

/markets

Afme urges caution on European move to T+1

A move by Europe to a one-day settlement cycle (T+1) could bring significant benefits but would face a host of barriers, cautions a paper from Association for Financial Markets in Europe (Afme).

/markets

DTCC's DLT-based settlement platform goes into parallel production

The Depository Trust & Clearing Corporation (DTCC) says its distributed ledger technology-based alternative settlement platform has gone live in a parallel production environment.

/markets

ASX calls in Accenture to assess Chess replacement project

The Australian Securities Exchange (ASX) has called in consultants from Accenture to run the rule over its much-delayed blockchain-based post-trade network.

/crypto

BNP Paribas Securities Services joins crypto custody market

BNP Paribas Securities Services (BNPPSS) has become the latest asset servicer to promote its push into the digital assets custody sector.

/crypto

Coinbase gets crypto service provider approval in Italy

Crypto firm Coinbase has been granted approval by Italy's financial regulator to operate as a crypto assets service provider.