https://www.finextra.com/ The Latest Financial IT Trade execution Headlines Copyright 2023 Finextra Research Ltd en-GB contact@finextra.com (Finextra Contact) https://www.finextra.com https://www.finextra.com/finextra-images/site/finextra.png https://www.finextra.com/newsarticle/42082/jpx-takes-stake-in-nomura-led-blockchain-business-boostry?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/42082/jpx-takes-stake-in-nomura-led-blockchain-business-boostry?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 04 Apr 2023 00:01:00 GMT Japan Exchange Group (JPX) is taking a stake in Nomura-led blockchain project Boostry as part of a deal to push the development of the security token market. https://www.finextra.com/newsarticle/41993/asx-adds-dedicated-cio-position?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/41993/asx-adds-dedicated-cio-position?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 20 Mar 2023 00:01:00 GMT The Australian Securities Exchange (ASX) is creating a standalone technology division under a dedicated chief information officer. https://www.finextra.com/newsarticle/41988/25trn-wiped-off-global-stock-markets-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/41988/25trn-wiped-off-global-stock-markets-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 17 Mar 2023 11:25:00 GMT The market capitalisation of global stock markets declined by 20% in 2022 while value of traded stocks fell by 10% according to data from the World Federation of Exchanges (WFE). https://www.finextra.com/newsarticle/41224/dbs-goes-live-on-sgx-units-crypto-platform-launches-programmable-money-pilot?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/41224/dbs-goes-live-on-sgx-units-crypto-platform-launches-programmable-money-pilot?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 31 Oct 2022 00:01:00 GMT DBS has become the first bank to go live on a new digital asset trading platform from Singapore Exchange unit MaxxTrader. https://www.finextra.com/newsarticle/41153/colt-technology-completes-cloud-colocation-poc?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/41153/colt-technology-completes-cloud-colocation-poc?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 18 Oct 2022 11:48:00 GMT UK-based fintech Colt Technology Services has completed a proof of concept (PoC) which it claims demonstrates the viability of hosting and distributing multicast data in the cloud for capital markets firms. https://www.finextra.com/newsarticle/40986/afme-urges-caution-on-european-move-to-t1?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40986/afme-urges-caution-on-european-move-to-t1?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 21 Sep 2022 00:01:00 GMT 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). https://www.finextra.com/newsarticle/40958/uk-banks-suffering-due-to-lacklustre-sustainable-trade-finance--pole-star?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40958/uk-banks-suffering-due-to-lacklustre-sustainable-trade-finance--pole-star?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 16 Sep 2022 09:00:00 GMT 90% of UK banks and 56% of Swiss banks have lost business in the trade finance industry due to lack of decarbonisation financing terms, according to research from Pole Star. The maritime, governmental, and financial technology solutions company is calling for environmentally-driven regulation for banks falling behind on sustainability and carbon emission reductions. https://www.finextra.com/newsarticle/40934/steeleye-raises-21m-series-b?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40934/steeleye-raises-21m-series-b?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 08 Sep 2022 10:19:00 GMT In what has been dubbed the largest RegTech raise by a European firm in 2022, SteelEye has raised $21 million in a Series B round led by Ten Coves Capital. https://www.finextra.com/newsarticle/40917/icma-appoints-first-fintech-head?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40917/icma-appoints-first-fintech-head?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Sep 2022 13:06:00 GMT The International Capital Market Association (ICMA) has named Georgina Jarratt as its first ever head of fintech and digitalisation in recognition of the growing influence of digital technology on capital markets. https://www.finextra.com/newsarticle/40842/fca-fines-citi-125m-for-trading-oversight-failings?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40842/fca-fines-citi-125m-for-trading-oversight-failings?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Aug 2022 11:48:00 GMT The UK's Financial Conduct Authority (FCA) has levied a £12.5m fine against Citigroup Global Markets over past failures to police its trading activity https://www.finextra.com/newsarticle/40841/banks-to-pay-1bn-over-traders-use-of-whatsapp?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40841/banks-to-pay-1bn-over-traders-use-of-whatsapp?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 Aug 2022 10:14:00 GMT A handful of Wall Street banks are preparing to pay up to $200m each to settle a case with the Securities and Exchanges Commission (SEC) and the Commodity Futures Trading Commission (CFTC) over the use of WhatsApp messages. https://www.finextra.com/newsarticle/40658/russian-firm-claims-digital-token-first?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/newsarticle/40658/russian-firm-claims-digital-token-first?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 18 Jul 2022 10:25:00 GMT Atomyze, a Russia-based blockchain firm, has launched what it claims to be the country's first digital token to be backed by palladium. https://www.finextra.com/pressarticle/96621/cboe-appoints-broadway-technology-as-isp-for-us-treasuries-trading-platform?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96621/cboe-appoints-broadway-technology-as-isp-for-us-treasuries-trading-platform?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 26 Apr 2023 16:29:00 GMT Broadway Technology, a leading provider of high-performance front-office solutions, today announced that Cboe Global Markets, Inc. (Cboe: CBOE), a leading provider of global market infrastructure and tradable products, has selected Broadway Technology as an Infrastructure Service Provider (ISP) for its new U.S. Treasuries trading platform. https://www.finextra.com/pressarticle/96183/crossover-launches-execution-only-crypto-trading-venue?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96183/crossover-launches-execution-only-crypto-trading-venue?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 Mar 2023 16:33:00 GMT Crossover Markets Group, Inc., a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the spot and derivative cryptocurrency markets, today announced the launch of CROSSx, its execution-only cryptocurrency Electronic Communication Network (ECN). https://www.finextra.com/pressarticle/96176/crypto-native-algo-trading-firm-auros-raises-17m?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/96176/crypto-native-algo-trading-firm-auros-raises-17m?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 21 Mar 2023 13:38:00 GMT Auros, a crypto-native algorithmic trading and market making firm, has raised US$17 million in a funding round led by global high frequency trading firm, Vivienne Court, along with participation from Nasdaq-listed digital asset mining company Bit Digital Inc. (Nasdaq: BTBT), Trovio, Epoch Capital, Primal Capital and a consortium of senior alumni from market making giant Optiver. https://www.finextra.com/pressarticle/95987/ninjatrader-launches-web-and-mobile-apps?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/95987/ninjatrader-launches-web-and-mobile-apps?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 06 Mar 2023 14:50:00 GMT NinjaTrader Group, LLC, a global leader in futures brokerage and advanced technology for active traders, announced that it has just launched new web and mobile apps for fully integrated multi-device trading, along with a series of enhancements to its offering. https://www.finextra.com/pressarticle/95971/world-federation-of-exchanges-publishes-women-leaders-list-for-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/95971/world-federation-of-exchanges-publishes-women-leaders-list-for-2023?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 03 Mar 2023 09:47:00 GMT The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published its annual Women Leaders List. https://www.finextra.com/pressarticle/95877/citi-consolidates-efx-trading-platforms-into-velocity-30?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/95877/citi-consolidates-efx-trading-platforms-into-velocity-30?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 Feb 2023 19:19:00 GMT CitiFX has consolidated its portfolio of eFX trading platforms for corporate and professional investor clients. https://www.finextra.com/pressarticle/95856/kepler-chevreux-selects-opensee-for-trade-management?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/95856/kepler-chevreux-selects-opensee-for-trade-management?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 23 Feb 2023 08:53:00 GMT Kepler Cheuvreux, the leading independent European financial services company, is the first financial institution to adopt Opensee's cloud service for trade management and execution analytics. https://www.finextra.com/pressarticle/94796/liquidnet-targets-bond-issuance-process?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/94796/liquidnet-targets-bond-issuance-process?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 07 Nov 2022 12:42:00 GMT Liquidnet, a leading technology-driven agency execution specialist, today announces the advancement of electronification in the new bond issuance process following the successful transmission of buy-side orders in live market deals from Order and Execution Management Systems (O/EMS) to participating syndicate banks. https://www.finextra.com/pressarticle/94793/london-chamber-of-commerce-and-dkk-partners-collaborate-on-fx-services?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/94793/london-chamber-of-commerce-and-dkk-partners-collaborate-on-fx-services?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 07 Nov 2022 12:02:00 GMT DKK Partners, an emerging markets (EM) foreign exchange (FX) liquidity provider, has joined the London Chamber of Commerce & Industry (LCCI) following a record year of growth. https://www.finextra.com/pressarticle/94791/imp-launches-online-platform-for-metal-trading?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/94791/imp-launches-online-platform-for-metal-trading?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 07 Nov 2022 11:50:00 GMT International Metal Platform AG (“IMP”) is launching its new web-based Platform for trading physically delivered metals contracts in ferro-alloys, noble alloys and minor metals, with live trading to commence from 5 December 2022. https://www.finextra.com/pressarticle/94789/crypto-exchange-coinmetro-gets-funding?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/94789/crypto-exchange-coinmetro-gets-funding?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 07 Nov 2022 10:13:00 GMT One of Europe’s fastest growing digital currency exchanges Coinmetro has closed an interim funding round of EUR 7million, valuing the company at EUR 180million. https://www.finextra.com/pressarticle/94757/horizon-hires-itiviti-vet-yannick-martin?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/pressarticle/94757/horizon-hires-itiviti-vet-yannick-martin?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 03 Nov 2022 12:59:00 GMT Horizon Software (Horizon), a leading provider of electronic trading solutions and algorithmic technology, today announces another new hire, Yannick Martin, to Product Manager Agency, to oversee the increasing demand for agency trading and to ensure delivery of best service and support to their growing global clients. https://www.finextra.com/videoarticle/2298/more-and-more-banks-joining-the-esg-agenda?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2298/more-and-more-banks-joining-the-esg-agenda?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 18 Dec 2019 16:48:00 GMT Jonathan Hughes, Co-Founder, Pollinate International, speaks at Sustainable Finance. Live about how Pollinate are working with banks to inform them and their customers about better buying decisions to help the environment, changing consumer views about their carbon footprint, the supply chain & impact of purchasing data and whether enough banks have enough of an appetite for Sustainable Finance. https://www.finextra.com/videoarticle/2253/outlook-for-treasury-ecosystems-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2253/outlook-for-treasury-ecosystems-in-2022?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 24 Oct 2019 10:27:00 GMT Thomas Zink, Research Director, IDC & Tim Tyler, Global Industry Principle, Corporate, Finastra, speak about Finastra's on treasury trends, the shift in treasurers priorities, what banks need to do to stay relevant and future proof, and what technology banks can look to to support them going forward. https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2246/finextratv--sibos2019--the-big-themes-3-regulation?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 18 Oct 2019 09:44:00 GMT FinextraTV reports from Sibos 2019 in London on the impact of Regulation on the industry. In this, final episode, we learn about how Banks are adapting to the changing regulatory landscape, whether the cost of compliance outweighs the value of innovation, what success in this space demands and whether regulation will be able to keep up with the pace set by the tech giants. Standard Chartered, Deutsche Bank, Nordea, LHV, KPMG and Crown Agents Bank are among the many leading institutions to share their views exclusively with Finextra Research. https://www.finextra.com/videoarticle/2233/finextratv--sibos2019--the-big-themes-2-leveraging-data?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2233/finextratv--sibos2019--the-big-themes-2-leveraging-data?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 11 Oct 2019 14:46:00 GMT FinextraTV reports from Sibos 2019 in London on how the industry is Leveraging Data. In this, second of three Sibos reports, we learn about how Banks are increasingly looking to develop a more formal strategy to better manage their data, the challenges leveraging data helps overcome and some of the new and improved services that are coming to market as a result. Barclays, LLoyds, BAML, Natwest, SEB, DBS Bank, Westpac, JPMorgan, Standard Chartered, Société Générale, Nordea, ING, Emirates NBD, and Absa are among the many leading institutions to share their views exclusively with Finextra Research. Become a Finextra member now and be sure not to miss: Sibos2019 Big Themes: Regulation… https://www.finextra.com/videoarticle/2068/the-impact-of-ai-on-wealth-management?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2068/the-impact-of-ai-on-wealth-management?utm_medium=rssfinextra&utm_source=finextrafeed Fri, 10 May 2019 09:45:00 GMT Martin Frick, Managing Director, APAC, Temenos, speaks at The Temenos Community Forum 2019 in The Hague, about the impact of AI on wealth management, how AI is shaping financial services in the APAC region and how the two will likely evolve along side each other in the future. https://www.finextra.com/videoarticle/2036/the-business-gains-and-strategy-benefits-of-google-cloud?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2036/the-business-gains-and-strategy-benefits-of-google-cloud?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 09 Apr 2019 16:46:00 GMT Adrian Poole, Head of Financial Services, Google Cloud Platform, speaks at Money20/20 ASIA in Singapore, about how banks’ use of using cloud technology has changed over recent years, what the main impact of cloud technology is on the banking sector, the benefits of banks working with Google and how these relationships will evolve. https://www.finextra.com/videoarticle/2028/faster-transparent-and-traceable-payments?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2028/faster-transparent-and-traceable-payments?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 04 Apr 2019 09:00:00 GMT Thierry Chilosi, SWIFT gpi Go-to-Market Lead, speaks about what there is left to do around SWIFT gpi, why SWIFT is making payments confirmations mandatory, how banks will do this and how new services will be developed on the back of tracking these payments. https://www.finextra.com/videoarticle/2008/redefining-the-trade-finance-asset-class-ecosystem?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2008/redefining-the-trade-finance-asset-class-ecosystem?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 18 Feb 2019 16:56:00 GMT Michel Kilzi, Managing Partner, FINEON Exchange, speaks about the trade finance market today, what technological innovations are present of FINEON's marketplace, and what the future of trade finance looks like. https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2007/industry-challenges-around-ibor-transition?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 11 Feb 2019 09:12:00 GMT Andrew Kouloumbrides, CEO, Xceptor and Bruce Laing, Partner, IBOR Transition lead, Baringa, speaks about the industry challenges around IBOR Transition, what Financial Institutions have done up to date to meet these challenges and what to expect next. https://www.finextra.com/videoarticle/2000/trends-of-the-foreign-exchange-today?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/2000/trends-of-the-foreign-exchange-today?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 08 Jan 2019 14:04:00 GMT Angus Scott, Head of Product, CLS, speaks at Sibos about the major trends around foreign exchange settlement today, what initiatives CLS are taking to attract more users and volumes over the CLS Settlement service and how the increasing adoption of new technology is impacting the services CLS provides today. https://www.finextra.com/videoarticle/1972/new-technologies-and-the-next-generation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1972/new-technologies-and-the-next-generation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 26 Nov 2018 10:58:00 GMT Nancy Amert, Director Trade and Supply Chain Finance & Rory Kaplan, Director Trade and Supply Chain Finance, CGI, speak at Sibos 2018 in Sydney about the key takeaways from this years event around trade, which technologies we should be focusing on, what their potential impact is and where they are heading. https://www.finextra.com/videoarticle/1966/advancing-the-digitisation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1966/advancing-the-digitisation-of-trade?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 15 Nov 2018 16:08:00 GMT Farooq Siddiqi, Global Head of Trade, Standard Chartered, speaks at Sibos 2018 in Sydney about the current state of affairs for trade digitisation, how close we are to seeing trade being digitised, what the existing challenge is and what needs to be done. https://www.finextra.com/videoarticle/1932/improving-the-efficiency-of-trade-settlement-status?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/videoarticle/1932/improving-the-efficiency-of-trade-settlement-status?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 05 Nov 2018 14:00:00 GMT Jeslyn Tan, Head of Securities Services, Global Product Management, Deutsche Bank, talks at Sibos 2018 in Sydney about the market dynamics driving securities settlement, how these dynamics mean that the challenges and problem statements are unique for each client, and how Deutsche Bank is collaborating with clients to deliver insights that enable effective decision-making and deliver tangible benefit. https://www.finextra.com/blogposting/24260/how-baas-is-helping-banks-and-fintechs-compete-in-2023?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24260/how-baas-is-helping-banks-and-fintechs-compete-in-2023?utm_medium=rssfinextra&utm_source=finextrafeed Wed, 24 May 2023 21:07:01 GMT Over the past decade, the fintech industry has experienced a significant surge, primarily driven by ... https://www.finextra.com/blogposting/24238/how-acquirers-are-offering-instant-funding-without-putting-their-balance-sheet-at-risk?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24238/how-acquirers-are-offering-instant-funding-without-putting-their-balance-sheet-at-risk?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 May 2023 13:14:38 GMT There’s an all-too-common scenario that pervades the payments landscape: acquirers blindly falling i... https://www.finextra.com/blogposting/24242/from-crisis-to-opportunity-using-ekyc-to-transform-banking?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24242/from-crisis-to-opportunity-using-ekyc-to-transform-banking?utm_medium=rssfinextra&utm_source=finextrafeed Tue, 23 May 2023 06:09:52 GMT It’s no wonder financial institutions (FIs) are losing millions annually to fraud and money launder https://www.finextra.com/blogposting/24239/banking-as-a-service-baas-and-embedded-finance-innovation-for-todays-challenges?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24239/banking-as-a-service-baas-and-embedded-finance-innovation-for-todays-challenges?utm_medium=rssfinextra&utm_source=finextrafeed Mon, 22 May 2023 13:27:32 GMT Few could have anticipated the margin and deposit growth pressures financial institutions have sudde... https://www.finextra.com/blogposting/24265/banking-on-chatgpt--why-generative-ai-will-be-good-for-commercial-lending?utm_medium=rssfinextra&utm_source=finextrafeed https://www.finextra.com/blogposting/24265/banking-on-chatgpt--why-generative-ai-will-be-good-for-commercial-lending?utm_medium=rssfinextra&utm_source=finextrafeed Thu, 25 May 2023 16:19:37 GMT Ever since its launch in November 2022, OpenAI’s text-generating artificial intelligence (AI) chatbo...