FlexTrade’s OMS Available in New Zealand as NZX Encourages Greater Liquidity. The New Zealand Exchange (NZX) has integrated FlexTrade’s order management system, Flex OMS, as the operator welcomes the firm as an independent software vendor in the local market.
PanXchange, an OTC exchange and price discovery platform for physical commodities, will distribute its proprietary pricing data for hydraulic fracturing proppants, aka ‘frac sand’, thus providing insight into the oil trading landscape.
Sucden Financial made an announcement stating that it has appointed industry veteran Rafael Caporale as the head of its LME options market making division
Mitsubishi UFJ financial group has hired industry veteran, Chris De Sibert to head their business operations for EMEA regions from their London office.
Archax, the UK-based forthcoming institutional-grade digital assets exchange, has partnered with security token issuance platform Smartlands to be listed on the upcoming London-based Archax exchange for secondary trading.
NASDAQ powers the AIFC (Astana International Financial Centre) Exchange since late 2017 with its Matching Engine, the most widely-used matching engine in the world. The Astana International Exchange (AIX) is a regional platform to attract investment to Kazakhstan and the Central Asian Region in order to enable domestic and regional development, through the mobilization of domestic resources and foreign portfolio flows. Formed in 2018 as part of the Astana International Financial Centre, the exchange is owned by AIFC, Goldman Sachs, Shanghai Stock Exchange, the Silk Road Fund and NASDAQ.
AlgoTrader, an institutional-grade and award-winning algorithmic trading solution for trading index futures, has been deployed by Tokyo-based broker Phillip Securities Japan in order to meet their desire for custom execution algos for Japanese futures trading on the JPX.
Kooltra, a fintech startup founded in 2012 and building a multi-layered capital markets platform on Force.com and Amazon Web Services, has launched a flexible SaaS solution to fast-track the entry of new broker participants in the FX market.
Another cryptocurrency trading platform was launched into the ecosystem following a development period of 24 months. Going by the name of Beaxy Digital LTD, the operator has already over 60,000 pre-registered users and is currently live to customers in 43 U.S. states and 185 countries.
Match-Trade Technologies provider of Forex and Cryptocurrency tech services announced today that it has shifted its European division head office to Poland.
Two former executives of Swiss banking giant Swissquote launched new private equity firm Guru Capital SA based in Switzerland
Cboe Plans to Introduce a New Liquidity Provider Protection Feature on Cboe EDGA Equities Exchange
QuantHouse teams up with Eventus Systems to support Validus trade surveillance and risk platform
Commcise has launched its cloud-based investment research platform COMMCISECS to support client strategy teams within the research provider community, who can now use the solution to review, price and publish research event interactions and analyze asset manager clients’ profitability using its flexible pricing and costing engine.
Viral Tolat one of the original co-founder of Silicon Valley based FX software and technology service provider Integral Development Corp and former CEO of UK based FX & Crypto trading firm TradAir has moved on to a new venture. Viral has now established a new firm called Neural Engines – a company that is focused on creating a platform for building applications. The content of firm’s website shows that they are on to some unique and exciting plans and prospects despite still being on their early days.
US based Forex trading technology provider Spotex which focused primarily on ECN operation and communication network has now announced that it has hired Kevin Gillespie to spear head its expansion activities in Europe. The firm is known for its products which help brokerages and dealers profit from improved trade execution speed, transparency and reduced cost by enabling participants to focus on trading strategies. Given its efforts over the last decade, the firm has managed to gain significant client base and market share in North American market and is now focusing its efforts into expanding its market share in European market. In a bid to hasten expansion activities in European market, the firm has hired Kevin and appointed him as Director of Institutional sales in their London office.
UK based FCA regulated Forex ECN brokerage house Valutrades is now branching out into institutional sector. Having always focused on retail sector, the companies to move to branch out into institutional sector was made post recent changes to regulatory conditions in European market. In the firm’s bid to hasten and spearhead their expansion into institutional sector the firm has arranged for two of its non-executive directors to step down from their roles.
The Securities and Exchange Commission sued Kik Interactive, creator of the freeware instant messaging mobile app Kik Messenger, for conducting an illegal $100 million securities offering of digital tokens because it did not register their offer and sale as required by the U.S. securities laws.
Nasdaq is working with Microsoft to expand the use of real-time U.S. equity market data by individual investors through Excel, Bing, MSN, and other platforms, where they can leverage real-time U.S. stock equity market data from Nasdaq Last Sale to inform research and trade ideas while improving financial literacy.
The firm is a service provider and a licensed market data vendor of record, sourcing raw market data directly from a venue’s lowest-latency and highest-bandwidth handoffs. Currently covering 35
data centers, Pico plans to add 16 more globally dispersed data centers in the next 14 months.