Post-trade
Icap acquires Abide Financial
The regulatory reporting specialist will become part of Icap's post-trade risk and information division
CLS to launch payments netting service
CLS Netting, expected to go live in late 2017, will allow institutions to net trades currently not included in the CLS settlement service
SmartTrade launches big data analytics solution
The new solution, called smartAnalytics, will allow clients to generate graphical reports on pre-trade, execution and post-trade performance via a TCA tool
Synechron rolls out cloud-based blockchain applications
Among them is an accelerator for global payments that enables payment to banks in a single reserve, cutting both costs and the middlemen involved in these transactions
Cobalt enters beta-testing phase with DL platform
Post-trade venue expected to go live in 2017, with eight institutions already signed up
Abide Financial partners Corvil
Clients will gain top-class precision in time-stamped transaction reporting and full compliance with Mifid II
CLS to offer aggregated FX trade data via Quandl platform
The partnership will enable subscribers to access hourly, daily and monthly reports
Wells Fargo becomes latest member of CLS
Settlement volumes rose 12.6% in June to stand at $2.56 trillion
Best Post-Trade Services Provider: CLS TriOptima
While not even a year old, the partnered service has saved dealers more than $112 billion in notional exposure
FXCH clears first institutional FX spot trade on blockchain
FX Clearing House from Ireland-based Baxter FX sets its sights on becoming the go-to CCP for all spot FX participants
XTX picks Abide Financial for transaction reporting
Non-bank market-maker chooses post-trade partner
FXCT project signs up 10 partners
Galinov-led central tape initiative expected to go live this year
TradAir and Elysium partner to launch front to back FX solution
Post-trade services provider Elysium and e-FX front-office specialist TradAir enter into alliance
Icap announces post-merger name
Once the interdealer broker sells its global broking business to Tullett Prebon, the new company will be called Nex Group
Broadridge acquires Dojima to boost derivatives clearing
Capping what Broadridge calls its "best-of-breed" offering for exchange-traded derivatives
Broadridge launches post-trade tool for sell side
The technology can be used to build a consolidated enterprise platform across the business and asset classes
Five-year wait for Wall Street's adoption of blockchain
Distributed ledger technology will transform the financial industry, but not for another three to five years
Broadridge allies with TTC to improve futures solutions
Futures and options remain a growth area for the firm
IHS set to merge with Markit
IHS Markit will be headquartered in London; the transaction has an implied value of $13 billion
Jerome and Eggleston launch technology start-up
Former Morgan Stanley managing directors set up TCA and analytics firm
Connections jump by 50% on Thomson Reuters' TRTN network
The network provides greater post-trade transparency and cost efficiencies, says firm
Price and perfect execution
Firms are trying to give clients visibility on measuring whether the price they are receiving is a good one, but the cost of execution is variable and hard to pinpoint – and it’s not just about price
New Change FX provides mid-market rate data to RBS
The information provides RBS customers with an independent way to measure the cost of their trades
Power shifts to PBs in new credit landscape
"My utmost concern is to make sure my prime broker is happy," says ADS Securities' chief operating officer