Technology

Individual brings two decades of industry experience to his new role, and has also previously worked at Refinitiv, Bloomberg and BNP Paribas.  

A letter had been sent by eight trade entities to the Basel Committee in relation to the Cryptoasset Exposures Standard set to go live in January 2026.

The offering will see OmneNEST delivering Raptor’s market and risk solution to brokers and trading desks in the region.  

The offering analyses data at the network edge, and brings real-time AI analytics and predictive intelligence capabilities directly to colocation facilities. 

Other investors include: JP Morgan, Citi, State Street, Morgan Stanley and UBS.

Injection of funds will be used to accelerate go-to-market efforts in pre- and post-trade.  

The firms have said that the new offering is driven by a growing industry interest in the opportunities presented by digital assets and tokenisation.  

The transaction mobilised collateral for Dutch pension fund PGGM using distributed ledger technology provided by HQLAx and Clearstream, marking a first for a central counterparty globally. 

Deal follows similar collaborations by MarketAxess and JSE in previous years.  

Technological expansion showcases growth derived from LSEG and Microsoft’s partnership.