Japan's SBI Securities is working with IBM to test the use of blockchain technology for a new type of bond trading platform.
Gmex Group, the London-based derivatives venue set up by Chi-X Europe co-founder and one-time COO Hirander Misra, has restructured, spinning off its technology business and re-focusing its exchange-trading division.
FCA regulated FX trading venue LMAX Exchange has warned that it will switch regulatory oversight to Ireland unless the British government preserves the EU single market passporting rights for the financial services industry.
Britain's competition watchdog has ruled that IntercontinentalExchange should sell Trayport to preserve competition in wholesale energy trading markets.
Distributed ledger technology may be the "most significant development in many years" for payments, clearing and settlement, according to a Federal Reserve governor who says that the central bank will publish its own blockchain paper later this year.
A blockchain-based startup for trading in growth companies founded by former Nasdaq Tallin stock exchange head Kaidi Ruusalepp has raised $2.6 million in a funding round led by Draper Associates, Thomson Reuters, and IQ Capital.
Thomson Reuters is to build a new technology centre in downtown Toronto, creating 400 IT jobs.
Robot traders are being blamed for a currency rout which saw the pound plunge by six percent in just two minutes in early Asian trading Friday.
IBM is to acquire risk management and regulatory compliance consulting firm Promontory Capital and create a new subsidiary, Watson Financial Services, in which it will use artificial intelligence technology to keep pace with the rapidly changing financial reporting landscape.
The European Commission has opened an in-depth anti-trust investigation into the proposed EUR24 billion merger between Deutsche Bourse and the London Stock Exchange.
The Securities and Exchange Commission has fined Merrill Lynch $12.5 million for ineffective trading controls which led to a series of "mini-flash crashes".
© Finextra Research 2016