Annabel Smith explores the market’s growing interest in the request for market protocol, including the desire to shroud market impact, use cases, and whether or not it will ever become fully applicable for the buy-side when trading credit.
Charles River will manage Perpetual’s Australian asset management’s domestic and global portfolios, order and execution, compliance, post-trade processing and front-office data.
Net revenue at the exchange rose 13% to £22.7 million in 2023; changes to proprietary trading saw an increase in market share to 5.46%.
The TRADE sits down with Connor May, former head of trading at Masa Capital, to discuss the current outlook for NDF algo adoption, how the market is adapting to improve trade efficiency in the space, and the state of play across LatAm markets.
Development will also provide connectivity, consolidated depth of book and order placement within FlexTRADER and FlexONE.
Landmark pilot from Digital Asset’s Canton Network involving 45 organisations across 22 permissioned blockchains invited participants across 45 organisations to try 22 dApps to exchange tokenised securities, money market funds, and deposits across applications.
The platform offers a distributed architecture that enables operations from any jurisdiction; a top three futures commission merchant has signed as an anchor client.
New appointment previously spent 20 years at Virtu Financial and ITG UK.
Banking giant joins the likes of Citi, Northern Trust, Standard Chartered and a number of buy-side institutions in leveraging the fintech’s platform for onboarding and maintenance of custody, broker trading, and buy-side accounts.
The move comes as the Monetary Authority of Singapore (MAS) continues to step up its enforcement actions across the industry.