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Articles

Clarus FT
15 Sep 2021 — Bill Hodgson

ION Markets, a leading global provider of trading, analytics, and risk management solutions for capital markets, announces the acquisition of Clarus Financial Technology (‘Clarus’), a provider of SaaS analytics, data, and research for global derivatives markets.

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Pure Digital
14 Sep 2021 — Deputy Editor

Puremarket Ltd, with trading name Pure Digital, today announces the successful execution of a live test trade on its wholesale digital currency trading platform.

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10 Sep 2021 — Deputy Editor

CloudMargin, creator of the world’s first and only collateral and margin management solution native to the cloud, today announced enhancements to facilitate clients’ preparedness for the Uncleared Margin Rules (UMR) for those firms that have just fallen under the scope of Phase 5 or will fall under the scope of Phase 6 as of next September.

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Reactive Markets Launches Switchboard
08 Sep 2021 — Deputy Editor

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).

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Brown Brothers Harriman
08 Sep 2021 — Deputy Editor

State Street Corporation and Brown Brothers Harriman & Co. have announced that they have entered into a definitive agreement for State Street to acquire BBH’s Investor Services business, including its custody, accounting, fund administration, global markets and technology services, for $3.5 billion in cash.

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07 Sep 2021 — Deputy Editor

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.

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01 Sep 2021 — Bill Hodgson

CME and Markit have combined four post-trade business lines into one new business 'OSSTRA' including triOptima, MarkitSERV, Traiana and RESET.

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triresolve
24 Aug 2021 — Bill Hodgson

TriOptima, a leading infrastructure service that helps to lower costs and to mitigate risk in OTC derivatives markets, has announced that it now offers integration via SWIFT to the four main tri-party agents; BNY Mellon, Clearstream, Euroclear and J.P. Morgan.

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ICE Clear Europe
23 Aug 2021 — Bill Hodgson
With ICE integration complete by Baton, clearing firms will be able to automate collateral management across 5 Major CCPs, together comprising more than 73% of margin, placed by U.S. registered FCMs.

Citi became first FCM to connect to ICE Clear Europe

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18 Aug 2021 — Deputy Editor

360T has been named as the “Best Market Data Provider” at the FX Markets Asia Awards 2021.

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11 Aug 2021 — Bill Hodgson

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?

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Capitolis LMRKTS acquisition
09 Aug 2021 — Bill Hodgson

Capitolis, the SaaS-powered network that efficiently links global market participants to new sources of capital in a regulatory-sound manner, has announced that it has entered into an agreement to acquire LMRKTS, an industry-leading multilateral optimization and compression provider.

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