More than 84% of trading venues and clearing counterparties surveyed by the World Federation of Exchanges (WFE) are either investigating or actively pursuing the applicability of distributed ledger technologies in financial markets.
The bank-backed R3 CEV blockchain consortium has filed its first patent application, shedding light on Corda, the software that will be central to its shared ledger project, which could begin rolling out within months.
Deutsche Bank is facing sanctions from US regulators over a catalogue of failures that afflicted its swaps data reporting functions.
Blockchain technology will fundamentally alter the way financial institutions do business, according to a report from the World Economic Forum.
US exchange operator Bats is to further extend its footprint in the foreign exchange market with a planned acquisition of Swap Execution Facility Javelin SEF.
The three biggest US stock exchanges - Bats, Nasdaq, and Nyse - have drawn up a set of harmonised rules to deal with trade halts during volatile markets.
Bats Europe is to license technology from US block trading venue Bids to launch a new service for the European equity market.
Visa, MasterCard, WorldPay and others in the payments sector can relax: Bitcoin will remain a niche player and blockchain technology poses little risk, according to a new report from Credit Suisse, which has less comforting news for Swift.
UBS has signed a deal with the UK's National Physical Laboratory for a trusted timestamping service that operates independently of GPS timing, removing susceptibility to jamming, spoofing, urban canyon effects and space weather during high frequency trading.
The bank-backed R3 blockchain consortium has expanded its partnership network to the market data business, recruiting Thomson Reuters as a new member.
Interdealer broker Tullett Prebon is to open a new global technology hub in Belfast, creating 300 new positions.
© Finextra Research 2016