trueEX exploring sale of post-trade derivatives platform
Derivatives platform truePTS launched just under three months ago, but trueEX confirms it is looking for a buyer.
Post trade
State Street acquires FX TCA startup BestX
State Street makes another move into front office trading technology with acquisition of FX TCA provider BestX.
R.J O’Brien appoints strategy chief in new role
US futures broker R.J O’Brien has hired industry veteran Stephen Brodsky as chief strategy officer in a newly created role.
Northern Trust eyes potential crypto custody model
Northern Trust is currently providing accounting services for select clients that have a small portion of their assets in cryptocurrencies.
R.J O’Brien fined $600,000 for post-trade allocation failures
The CFTC found that R.J O’Brien failed to detect and prohibit a post-trade allocation scheme run by one its clients.
Senior LSE markets head appointed CEO at EuroCCP
Cécile Nagel, head of LSE markets global product development and LSE exchange traded products has been named as EuroCCP’s new CEO.
EuroCCP to become a clearer for Frankfurt Stock Exchange
Agreement with Deutsche Börse follows similar deals for EuroCCP with Borsa Italiana and Euronext Dublin.
First mover advantage
The Australian Securities Exchange (ASX) has been the first adopter of blockchain technology for its equity post-trade infrastructure. Will this move resonate with other clearing houses, and is this the time to embrace blockchain?
DTCC rolls out Brexit plan with new Dublin office
DTCC is the latest post-trade market infrastructure planning to move its European operations from London to Ireland.
NEX Markets adds BME Clearing to BrokerTec platform
BME Clearing will be available on the NEX Markets BrokerTec FX and fixed income trading platform.