Trade finance is going through a period of unprecedented change. Digital solutions and innovative technologies have now matured to the point where they are finally transforming this sector into a more streamlined, cost-effective, and digitally efficient place to do business for all participants.
Puremarket Ltd, with trading name Pure Digital, today announces the successful execution of a live test trade on its wholesale digital currency trading platform.
Reactive Markets, provider of Switchboard, the cutting-edge cross-asset trading and price streaming network, today announced the launch of its OTC market utility for disclosed trading, supported by five of the leading institutional Crypto Liquidity Providers (LPs).
The transaction is expected to close in the first half of 2022. The acquisition allows for a full consolidation and integration of the REGIS-TR business within SIX. Financial terms of the acquisition are not disclosed.
In part 2 of our discussion with John Read we cover four new topics which supplement part 1 of our chat. Running the trading and post-trade infrastructure is always under cost pressure - but from what directions? How do firms measure whether they are efficient, like measuring cost per trade to process but more broadly. When firms embark on large scale change or transformation, how do staff members react? And of course why not move everything to the cloud?
LedgerEdge, the next-generation ecosystem for trading, announces the appointment of Michelle Neal as CEO of US operations.
This appointment will support the US expansion of the firm, which is rolling out a global corporate bond trading platform built on distributed ledger technology.
With constant innovation in software and hardware competition between trading firms brings challenges, risks and opportunities. We all know that FinTech firms keep delivering new ways to handle trading and risk management, often quicker than larger 'package' vendors and internal corporate IT departments. Your Trading Operating Model, the combination of people and systems is an asset to be nurtured and sometimes entirely transformed to stay competitive.
The OTC Space met with John Read founder of Prodktr to talk about the trading operating model including:
Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for global financial markets, is partnering with LDA Technologies, the leading vendor of ultra-low latency FPGA products, to deploy FPGA-enabled devices across its network, further reducing latency and enabling high frequency, algorithmic trading firms to improve their trading performance.