FactSet deploys data platform on OpenFin

13.11.2019

Investment data and technology provider FactSet has deployed its data workstation on OpenFin to provide greater flexibility for clients. FactSet is the first major market data provider to adopt the OpenFin and Financial Desktop Connectivity and Collaboration Consortium (FDC3) interoperability standards, which aim to cement universal connectivity and universal standards across the industry’s desktop applications. […]

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Futures Struggle As North Korea

Citi invests in credit trading platform Trumid

13.11.2019

Electronic credit trading platform Trumid has received investment from Citigroup, as the US investment bank seeks to leverage the growth of algorithmic and portfolio trading in the credit space. Citi said in a statement that it has backed Trumid via its Spread Products Investment Technologies (SPRINT) program within the Citi Markets FinTech Investments Unit. The […]

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DAX30 CFD price action should stay calm as long as the trade war does

12.11.2019

Source: Economic Events Calendar November 11 – 15, 2019 – Admiral Markets’ Forex Calendar DAX30 CFD Already into the start of last week, the German DAX30 CFD made it back above 13,000 points, falling short to re-test the May/June highs 2018 in the region around 13,200/230 points, broke above and that said stabilised above 13,000 […]

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Jefferies launches FX prime brokerage service with Integral

12.11.2019

Investment bank Jefferies has partnered with FinTech Integral to launch a new FX prime brokerage service that connects institutional investors via a single liquidity venue. Known as TrueFX, the over the counter (OTC) venue aims to reduce costs for buy-side firms to connect and trade currency markets by combining trading, technology and credit services into […]

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JP Morgan invests in machine learning research analysis firm Limeglass

12.11.2019

US investment bank JP Morgan has made a strategic investment in FinTech firm Limeglass, which deploys artificial intelligence (AI), machine learning and natural language processing (NLP) to analyse institutional research. Limeglass stated that it recently completed JP Morgan’s In-Residence Program, after being accepted into the scheme for FinTech start-ups in February 2018. The program aims […]

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Nasdaq deploys AI for surveillance on US stock market

09.11.2019

Exchange group Nasdaq has bolstered its surveillance technology with the use of artificial intelligence (AI) to broaden its view of US market activity. Nasdaq’s Market Technology business worked alongside its Machine Intelligence Lab and US market surveillance division to deploy AI technology on the system to improve detection of manipulative activity. The new technology is […]

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Liquidnet promotes EMEA technology head to CTO

08.11.2019

Liquidnet has promoted its head of technology in Europe, the Middle East and Africa (EMEA) to chief technology officer. The organisation confirmed that Patrick Strobel, who joined Liquidnet to head up technology in the region two years ago, will assume the role of CTO overseeing Liquidnet’s middle-office services, data and analytics solutions and systems architecture. […]

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Plato Partnership to launch BabelFish Analytics TCA platform in Europe

08.11.2019

Not-for-profit Plato Partnership is set to introduce a transaction cost analysis (TCA) platform from US-based BabelFish Analytics to the European market next year. Known as ClarityReveal, the BabelFish Analytics platform incorporates algorithmic trading data obtained directly from brokers allowing users to scrutinise unfilled order routes via a dashboard, with actionable answer to queries around execution […]

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Former MTS and EBS chief appointed chairman of FinTech firm Wematch

07.11.2019

Multi-asset matching and negotiation systems FinTech firm Wematch has appointed industry veteran Jack Jeffery as its new chairman. Jeffery has more than 35 years’ experience, having previously served as chief executive of fixed income platform, MTS, and spot FX broking platform, EBS. Jeffery also spent 11 years with Citigroup in senior roles, including global head […]

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How to trade seasonal patterns in Forex: EURCHF

06.11.2019

After the announcement of QE-ternity from the ECB on September 12, while financial markets found some rest in the trade dispute between the US and China, the EURCHF traded back above 1.1000. Still, technically the currency pair finds itself in a bearish mode on a daily chart with a potential short trigger around 1.1170/1200. With […]

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