The Bank of England is to take over the direct running of the UK's Chaps high value payment system as part of a blueprint for a rebuild of its real-time gross settlement platform to accommodate new market entrants and a future-proofed interface to distributed ledger technology.
US interest rate swaps exchange trueEX has filed a lawsuit against IHS Markit for allegedly engaging in anti-competitive practices in the post-trade processing arena.
In a high-frequency trading world where every microsecond counts, Intercontinental Exchange has struck a deal with the UK's National Physical Laboratory to ensure co-location customers at its data centre in Basildon get precise timing.
Macau is to introduce facial recognition for UnionPay cardholders at ATMs in an attempt to curb money laundering in the island territory.
Adam Davies, consultant at Altus Consulting believes the value of a single bitcoin will reach £3000 by the end of the year. He explains why.
Technological advances and regulatory changes over the last 10 years have transformed the way that markets function, but small and medium growth firms are not feeling the benefit, says Nasdaq.