JP Morgan hires digital asset lead from State Street to head new markets operations division
Pinar Emirdag joined JP Morgan in October to lead the newly-formed digital operations unit.
Technology
Citi and Goldman Sachs go live with blockchain equity swaps platform
Axoni has launched its distributed ledger network for equity swaps, with Citi and Goldman Sachs among the first to adopt the platform.
Bloomberg trading executive joins THETA Trading as technology chief
Peter Meddemmen will oversee technology delivery of THETA Trading Technologies, including its OEMS which is due to launch later this year.
UBS extends post-trade technology deal with GBST
Swiss-headquartered investment bank will migrate its post-trade operations in Australia to GBST’s automation platform for cash equities and exchange-traded options.
DTCC launches API ‘App Store’ for the post-trade industry
Market infrastructure continues to embrace innovation, this time opening its API offerings to the industry through an app store.
Citi automates post-trade processing with shared ledger technology
Shared ledger technology provider Cobalt gained a strategic investment from early supporter Citi in 2016.
UK drives record $8.5 billion FinTech investment in Europe
The UK accounted for seven of the largest FinTech investment deals in Europe in 2019, driving record growth across the region.
SMBC builds next generation e-FX and algo platform with Kx
SMBC is already live with phase one of the project and allegedly seeing tighter spreads and higher fill rates from the platform.
RSRCHXchange co-founder to lead new analytics business at Liquidnet
Vicky Sanders will lead Liquidnet Investment Analytics, combining products and technologies from the firm’s multiple acquisitions.
JP Morgan-backed Wematch expands into ETFs
Wematch has previously gained investment from JP Morgan and Societe Generale for its matching technology and platform.