Virtu Financial and MarketAxess join forces on global ETF and fixed income project
Collaborative project to deliver global, multi-asset and multi-currency coverage to MarketAxess and Virtu RFQ-hub clients.
Technology
LCH adopts genesis automated workflow solutions for ForexClear, SwapClear and CDSClear
Clearinghouse implements trio of solutions to support growth plans through workflow automation.
Vela expands DMA platform to Asia with JPX
Vela will offer order routing and market data to Osaka Exchange as part of deal with JPX.
ASX deploys Quantitative Brokers algos and TCA to derivatives market
ASX is the first exchange in Asia Pacific region to implement Quantitative Brokers’ algorithms.
Broadway Technology acquires OMS provider Barracuda FX
FX OMS provider Barracuda FX will expand into fixed income after joining trading software specialist Broadway Technology following the acquisition.
BNY Mellon appoints senior technologist to lead AI and robotics efforts
BNY Mellon has already made some progress in implementing robotics and machine learning to its asset servicing business.
Deutsche Bank taps Nasdaq to power new US Single Dealer platform
Nasdaq to provide technology, services to underpin new platform for Deutsche Bank.
Blockchain specialist R3 deploys new strategy focusing on expansion
Jesse Edwards, one of R3’s co-founders who spearheaded its initial fund-raising scheme, has left the company.
Bloomberg maintains dominance of OMS and EMS space, analysis finds
Research says that buy-side firms spent over $1 billion on OMS and EMS last year, as Bloomberg leads list of primary platforms.
BlackRock eyes Aladdin expansion with $1.3 billion eFront acquisition
BlackRock’s flagship Aladdin platform will be combined with eFront to expand its alternative investment capabilities.