Machine Learning is Critical to Success in the Future, Survey Found
Use of machine learning is pervasive across financial community and is critical to its success in the future, according to researchers.
Rick Steves
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Steves' work has appeared in a variety of online publications including FX Street, NewsBTC, FinanceFeeds, and The Industry Spread. Rick has great interest in the dynamics of the trading industry. The never-ending clash between technology, economics, regulation, and more importantly, the people.
April 2019
Torstone Acquires Percentile to Add Risk Management Solution
Torstone has closed a deal to acquire Percentile, a provider of real-time, cloud-based risk and compliance technology to global financial markets.
Deutsche Bank to Offer LCH Group’s Clearing Service
Deutsche Bank has gone live as the first German bank to offer client clearing via CDSClear, LCH Group's CDS clearing service.
Xena Exchange Launches Free Desktop Terminal for Crypto Trading
Xena Exchange has launched a desktop terminal for customers which is aimed at traders looking to test paper trading, try new strategies and order types.
New York State Grants BitLicense to Crypto Exchange Bitstamp
Bitstamp USA Inc., a subsidiary of Bitstamp Ltd., was granted a virtual currency license from the New York State Department of Financial Services (DFS).
TradingView Acquires API Infrastructure TradeIt
TradingView has acquired fintech API TradeIt in order to allow its over 10 million monthly active users to trade through major U.S. brokers from anywhere.
Virtu and MarketAxess Plan to Join Forces on ETFs and Fixed Income
Virtu and MarketAxess Plan to Join Forces on ETFs and Fixed Income, The effort, which is expected to launch in the third quarter.
Broadridge Launches Securities Lending Assessment Solution for Mutual Funds
Broadridge Launches Securities Lending Assessment Solution for Mutual Funds, The solution is currently being used by a number of clients.
ipushpull Appoints Ex-Eurex CIO Brendan Bradley as Chairman
Former Chief Innovation Officer at Eurex Exchange has joined as Chairman to aid in the innovation strategy of the ipushpull platform.
Digital Exchange Archax Partners With ClearBank to Pioneer ‘Banking as a Service’ Offering
Archax has chosen ClearBank for its ‘Banking as a Service’ offering as it prepares to provide professional investors to trade in digital securities.
US Broker SageTrader Deploys Eventus’ Equities Surveillance Platform
SageTrader will leverage the cloud-based version of the Validus platform to trade surveillance combining both machine-learning and procedural technologies.
LCH Enhances Clearing Services in Partnership With Genesis
LCH has partnered Genesis to design, build and implement three new solutions for ForexClear service, CDSClear, and member/client web portals for SwapClear.
deVere Group CEO Welcomes May-Corbyn Brexit Talks
deVere Group's Chief Executive Officer Nigel Green said Britain's political leaders are finally beginning to show leadership on Brexit.
Two New Digital Asset Custodians Emerge in Asia. Fusang and ONC
This week, Fusang Vault and Onchain Custodian have launched their institutional grade custody solutions eyeing the Asian market.
March 2019
Mizuho Selects smartTrade’s eFX Trading Solution
Mizuho has selected smartTrade’s solution for developing core e-FX distribution system and strengthen FX business and utilizing their LiquidityFX platform.
FinTech Leading Females Comment The Rise of BigTech and Gender Diversity
With opportunities emerging in Fintech,work needs to be done to attract more female involvement. Future seems to be bright for women entering Board rooms.
FastMatch to Launch Matching Engine in Singapore by Q4 2019
FastMatch is setting up a new matching engine in Singapore to be fully operational in Q4 2019 and has opened a new commercial office there.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.