The DA platform processed more than four times the amount of trades per second than the latest DLT prototype developed by DTCC.
Crux Informatics closes second funding round raising $20 million from Goldman Sachs, Two Sigma and Citi.
The TRADE’s 2018 Execution Management Systems survey shows that for buy-side firms, trading efficiency will always come first.
OMS will initially service FCMs and brokers, with plans to potentially roll out the service to the buy-side in the future.
DTCC, Accenture, Digital Asset and R3 teamed up to build a US equity clearing and settlement system prototype.
Quantitative Brokers’ best execution algorithms for US cash treasury markets and global futures will be available via QuantHouse’s API ecosystem.
New business known as Fidelity Digital Assets will offer custody and trade execution of cryptocurrencies.
Asset manager takes minority stake in first start-up to join Cobalt in-residence programme.
Latest technology deal extends partnership between HKEX and Nasdaq with addition of real-time risk management.
The custodian will also look to deliver new capabilities across data aggregation, data enhancement and data analytics to support trading and execution.