Category: Fintech

The move enables clients to access Nord Pool, Europe’s leading physical power spot market, through TT’s advanced trading platform starting this December. This integration complements TT’s existing access to EPEX SPOT, another major European power market, creating a unified platform for trading Europe’s top two intraday physical power exchanges.  The firm said market participants can…

In a press release, Equiduct noted that Danske Bank, one of the Nordic region’s largest financial institutions, provides advanced services to retail investors for trading financial markets. The partnership expands the services available to Danske Bank’s retail clients, providing access to liquidity across 12 European markets and innovative, cost-effective real-time market data. Equiduct, a pan-European…

The service, which is said to be the first of its kind, is expected to boost algorithmic trading by providing buy-side firms, including asset managers and hedge funds, with real-time liquidity mapping and data-driven decision-making tools. “Algo traders will now have a quantitative, data-driven service to power critical trading decisions,” said George Rosenberger, Head of…

The move aims to streamline operations, reduce complexity, and enhance efficiency for ODDO BHF’s fund assets. Euroclear, which provides post trade services, said in its press release that by utilising FundsPlace, ODDO BHF will benefit from centralised distribution processes and automated trailer fee collection, optimising revenue while mitigating operational risks. Euroclear’s platform supports over 3,000…

The transaction, valued at $46 million, reflects a revenue multiple of approximately 7.5 times, underscoring the strategic significance of the deal. BGC Group explained in its press release that Capitalab specialises in rates portfolio compression and margin optimisation, critical components in streamlining trading operations.  BGC will retain its post-trade foreign exchange risk reduction business, previously…

The company said in its press release that the collaboration aims to simplify and accelerate the onboarding process for sell-side clients, reducing operational risks and costs. They explain that by integrating LTX with TransFICC's One API for eTrading platform, dealers are able to swiftly and efficiently connect to LTX's innovative RFQ+ trading protocol, with the…

This latest funding round, led by Citi and including increased participation from State Street, will fuel Capitolis' continued expansion across both its Capital Marketplace and Portfolio Optimisation divisions.  The company, which says it aims to create “safer and more dynamic capital markets,” added that each bank will invest $5 million and will join the company's…

The fintech firm said the advancements are designed to revolutionise global trading operations for structured products, letting financial institutions quote hundreds of thousands of products across multiple markets and distribution channels simultaneously. "This transformative development marks a significant leap forward in simplifying and optimizing trading for structured products," commented Konstantin Romanov, Global Head of Principal…