Digital Asset blockchain platform processed 27,000 trades per second in latest test
The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
Technology
Goldman Sachs, Two Sigma and Citi invest further $20 million in data science startup
Crux Informatics closes second funding round raising $20 million from Goldman Sachs, Two Sigma and Citi.
Execution moving beyond compliance in post-MiFID II world
The TRADE’s 2018 Execution Management Systems survey shows that for buy-side firms, trading efficiency will always come first.
Trading Technologies rolls out order management system
OMS will initially service FCMs and brokers, with plans to potentially roll out the service to the buy-side in the future.
DTCC builds DLT settlement prototype that can process 100 million trades per day
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.
QuantHouse adds Quantitative Brokers best ex algos to API initiative
Quantitative Brokers’ best execution algorithms for US cash treasury markets and global futures will be available via QuantHouse’s API ecosystem.
Fidelity Investments unveils dedicated crypto trading and custody business
New business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies.
Schroders makes investment in FinTech programme member Qwil Messenger
Asset manager takes minority stake in first start-up to join Cobalt in-residence programme.
HKEX implements Nasdaq’s risk management tech for cash and derivatives
Latest technology deal extends partnership between HKEX and Nasdaq with addition of real-time risk management.
Northern Trust invests in front-office data provider
The custodian will also look to deliver new capabilities across data aggregation, data enhancement and data analytics to support trading and execution.