Citi and HSBC automate FX prime brokerage novation with Capitolis
Capitolis launched its novation platform last year in partnership with major firms including Citi, HSBC, Brevan Howard and BlueCrest.
Tag: HSBC
HSBC settles $250 billion of FX trades on blockchain platform
DLT is becoming more accepted by banks and financial institutions that are in the process of developing use cases and rolling out the technology.
UK startup launched by former HSBC bankers secures $3 million investment
Software startup was launched in 2015 by two senior trading technology executives who formerly worked at HSBC.
HSBC joins $36 million funding round in blockchain specialist Axoni
Goldman Sachs, Citi, JP Morgan, Wells Fargo and Franklin Templeton Investments are also investors in blockchain technology vendor Axoni.
Post-trade providers stepping up as passive shift ‘jeopardises entire intermediary infrastructure’
Discussions around data helping illiquid instruments trade more effectively conjure up worries about what the future of passive investing and what it means for post-trade providers.
HSBC fined $1.2 million for failures in bond sale
HSBC failed to assess risk of individual bonds before recommending them to clients in Asia.
Custodians could play a role in MiFID II research provision
One head of global custody believes custodians could play a part in the front-end decision-making process for clients.
HSBC outlines $17 billion technology investment plans
HSBC chief executive John Flint says that following a period of restructuring the bank must get back into growth mode.
HSBC partners with asset manager for fixed income ETF platform
HSBC will provide fund administration, depositary and custody services to Tabula’s new ETF platform.
SIs say future is bright under MiFID II regime
TradeTech keynote panel discussion suggests the buy-side is becoming more comfortable interacting with systematic internalisers.