Susquehanna leads Series A investment for SpectrAxe
IMC and CTC are also involved as co-investors; the investment is expected to provide greater market access and liquidity depth in the OTC FX options market.
IMC and CTC are also involved as co-investors; the investment is expected to provide greater market access and liquidity depth in the OTC FX options market.
The offering combines Amundi’s ALTO platform with Murex’s OTC front-to-back solution to meet evolving market demands.
Through leveraging CobaltFX’s Dynamic Credit process, the pair claim they can achieve more flexible and scalable client trade execution.
The move will see the firm become Guardian’s investment grade public fixed income asset manager, taking on the $45 billion investment grade public fixed income portfolio.
Other investors include BlackFin Tech, AlbionVC, HSBC, Illuminate Financial, ING and neosfer; investment follows TransFICC announcement in November that it intends to bid to become the consolidated tape provider.
Acquisition marks one of the largest in the digital asset world with Ripple set to “inject billions of dollars of capital” as it looks to scale the business.
The launch marks the first product to be integrated under the network’s latest collaboration with FTSE Russell.
Citi is the first dealer to support the newly expanded offering.
New solutions are designed to boost investor visibility in digital assets sphere, allowing them to remain compliant with regulation while making better informed decisions.
More than half of those surveyed in the latest Acuiti sell-side execution management insight report believe that the derivatives industry has experienced either a ‘significant’ or ‘moderate’ loss of expertise in the last 10 years.