Asset Classes

EuroCTP’s shareholder base now includes all 27 EU member states, with other shareholders including the Budapest Stock Exchange, SIX, Euronext and Nasdaq.  

The provider has said that the trades reveal an industry appetite for integrated broker-aligned workflows, with further expansion across key institutional counterparties expected.  

The offering marks an agreement between Bloomberg Index Services Limited and CME Group and is expected to provide access to reliable and transparent FX fixings.  

The offering is integrated with the bank’s existing platforms and will allow institutional clients to access and trade cryptoassets through recognisable interfaces.  

The offering will span South African and Pan-European equity markets and will see both banks acting as each other’s preferred execution partner for their respective equities markets. 

The initiative saw tokenised units of Aberdeen Investment’s money market fund (tMMF) and tokenised UK gilts used as collateral for FX trades between Aberdeen and Lloyds.

Venue selection and broker strategy choices are also expected to see significant impacts, however firms should be aware of AI’s challenges, according to a Coalition Greenwich report.  

The offering is expected to bring innovation in electronic trading and support the development of the Australian ETF market. 

The group, co-ordinated by Ediphy, consists of Google Cloud, UBS, TP ICAP, Cboe Global Markets, FactSet, and Norges Bank Investment Management. 

The launch follows approval from regulators; partnership is set to focus on quantitative strategies for listed equities.