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4OTC and Quod Financial Partner to Enhance Digital Asset Trading

4OTC, the digital assets and FX connectivity provider, has formed a strategic partnership with multi-asset trading solutions vendor Quod Financial. The partnership aims to offer a unique trading solution for digital assets, by combining 4OTC’s robust API and extensive connectivity across exchanges and over-the-counter (OTC) venues with Quod Financial’s advanced Order/Execution Management System (O/EMS) platform….

Powering the Future: The Transformation of Renewable Energy Trading through Technology

In a world seeking effective climate action, the spotlight is increasingly focusing on renewable energy. However, within financial markets, the trading of instruments such as biofuels, voluntary carbon credits and power purchase agreements remains complex and opaque. Advances in technology can lead to more automation, standardisation and transparency, but questions remain. How do we ensure…

agora and Montis Partner to Develop End-to-End Platform for Digital Securities

agora Digital Capital Markets and Montis Group have announced a strategic partnership to develop an end-to-end platform for conventional and digital securities in regulated fixed income markets. The agoraPlatform will interoperate with Montis’s distributed ledger technology-based Central Security Depository (CSD), with authorisation and operational Go-Live targeted for Q4, 2023. The collaboration aims to streamline interactions…

Exegy Adds Deribit to Metro Trading Platform, Expands Crypto Options Trading Capabilities

Exegy, the front-office trading solutions provider, has added Deribit, the world’s largest cryptocurrency options exchange, to its list of covered crypto derivatives markets for its Metro professional trading platform. This integration will enable crypto traders on Deribit to leverage Metro’s pricing, execution, and risk management capabilities. The inclusion of Deribit follows demand from current and…

LTX Introduces BondGPT, an AI-Driven Application Streamlining Corporate Bond Selection

LTX, a subsidiary of Broadridge Financial Solutions, has launched BondGPT, an application driven by OpenAI GPT-4. The AI-powered tool will respond to bond-related queries and assist users in identifying corporate bonds on the LTX platform, integrating real-time liquidity information from the LTX Liquidity Cloud. This advancement aims to streamline workflows and enhance efficiency for asset…

The Potential of Generative AI to Transform and Disrupt Trading

What are the applications and use cases for generative AI in trading? How can firms successfully integrate large language models into their trading workflows and address challenges around data quality, model interpretability and potential biases? What are the regulatory and ethical concerns around AI systems and how can these be alleviated so that firms can…

Pico Launches Corvil Cloud Analytics Solution for Crypto Trading on AWS

Pico, the technology services, software, data and analytics provider for financial markets, has announced the availability of its Corvil Cloud Analytics solution on Amazon Web Services (AWS), specifically tailored for crypto markets. This crypto-focused launch follows the beta launch of Corvil Cloud Analytics in December 2022, and the general availability launch on AWS in May…

Eurex Launches First European Bitcoin Index Futures Contract for US Investors

The US Commodities Futures Trading Commission (CFTC) has approved the trading of Eurex FTSE Bitcoin Index Futures for US-based investors, beginning 29 May 2023. This milestone marks Eurex’s efforts to provide secure and regulated access to cryptocurrencies, making it the first exchange in Europe to offer Bitcoin index futures. Trading began outside the US on…

Tokenovate and GMEX ZERO13 Execute World’s First Smart Legal Contract for Carbon Credit Derivatives

Tokenovate, a provider of distributed financial market infrastructure, and ZERO13, a GMEX Group initiative around climate fintech, have successfully executed the world’s first smart legal contract for voluntary carbon credit (VCC) derivatives trades, based on the 2022 ISDA Verified Carbon Credit Transactions Definitions. The partnership demonstrated the creation of a blockchain-based, high quality, smart legal…

Fusion Digital Assets Platform, Powered by GMEX Technologies, Goes Live with First Successful Cryptoasset Trade

TP ICAP, the world’s largest interdealer broker, has announced the launch of Fusion Digital Assets, its wholesale cryptoasset exchange, powered by trading and post-trade technology from GMEX Technologies, the subsidiary of GMEX Group that specialises in digital business and technology solutions for capital markets firms, exchanges and post-trade market infrastructure. The Fusion Digital Assets platform…