Nasdaq

data management, ESG, Nasdaq

Nasdaq launched the Nasdaq Sustainable Bond Network, a global, publicly available web-based platform designed to improve transparency in the market for green, social and sustainability bonds. The online repository provides…

Nasdaq using AI deep learning for US market surveillance

November 11, 2019

artificial intelligence, market surveillance, Nasdaq

Nasdaq announced the successful go-live of artificial intelligence for surveillance patterns on its US stock market, the world’s largest stock exchange by volume traded. Developed as a collaboration between Nasdaq’s…

Nasdaq launches ESG futures in the Nordics

October 17, 2019

ESG, futures, Nasdaq

Nasdaq announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the…

Fintech weekly deals and partnerships round-up

May 21, 2019

blockchain, Clearing, Commonwealth Bank of Australia, DLT, Fnality, JSE, Nasdaq, settlement tokens, UBS, utility settlement coin, World Bank

ABN AMRO, ING, OCBC and Macquarie among banks launching digital blockchain platform Together with top commodity industry players and financial institutions, ABN AMRO is exploring the options to launch Forcefield,…

Fintech weekly deals and partnerships roundup

Argentina’s MercadoLibre closes $2bn public and private offerings MercadoLibre, a Latin American e-commerce technology company, announced the closing of its $1.15 billion public offering, which includes the exercise in full…

Fintech weekly deals and partnerships roundup

Medici Ventures takes minority stake in blockchain banking platform Overstock announced its wholly-owned blockchain subsidiary, Medici Ventures, has purchased a 5.1% stake in Bankorus, a blockchain banking platform focused on…

SAI Global to buy BWise regtech platform from Nasdaq

February 12, 2019

acquisitions, BWise, Nasdaq, regtech, risk management

Nasdaq announced an agreement to sell BWise to SAI Global, expected to complete in H1 2019 for an undisclosed sum. BWise is an enterprise governance, risk and compliance (GRC) software…

Nasdaq-backed Symbiont raises $20mn for institutional blockchain platform

January 26, 2019

blockchain, Citi, fundraising, Nasdaq, symbiont, Vanguard

Symbiont announced the closing of a $20m Series B funding round to continue developing its blockchain platform for the global financial markets. The round was led by Nasdaq Ventures with…

Digital exchange to trade share-backed tokens of blue chips

January 6, 2019

DX.Exchange, Ethereum, MPS MarketPlace Securities, Nasdaq, tokens

DX.Exchange, which has offices in Israel and Estonia, is launching a MiFID-compliant exchange for round-the-clock trading of digital tokens representing liquid stocks. Explaining how it works, the company said that MPS…

Cinnober tech deployed by Singaporean crypto asset exchange

December 13, 2018

Cinnober, crypto assets, Nasdaq, Vaultex

Cinnober announced that Vaultex Exchange will use Cinnober’s trading and clearing systems for its new security token exchange. Based in Singapore, Vaultex is preparing to launch a fully licensed and…

Fidelity, Nasdaq in $27.5mn crypto spot market investment

December 9, 2018

crypto exchanges, ErisX, fidelity, fundraising, Nasdaq

ErisX announced the closing of Series B funding from investors spanning the traditional capital and digital asset markets including Bitmain, ConsenSys, Fidelity Investments and Nasdaq Venture. ErisX will operate an…

Nasdaq acquires alt-data firm Quandl

December 7, 2018

acquisitions, alternative data, Nasdaq, Quandl

Nasdaq announced it acquired Quandl, an alternative and core financial data provider. Nasdaq plans to combine Quandl with its existing Analytics Hub business within Global Information Services. Terms of the deal…

Singapore’s central bank reports DLT project results and next steps

November 12, 2018

DLT, DvP, MAS, Nasdaq, SGX

Singapore’s central bank, Monetary Authority of Singapore, released a report on the DvP-on-DLT project, which is an extension of Project Ubin seeking to achieve interledger connectivity and settlement finality for…

Nasdaq and Microsoft Azure partner on multi-ledger blockchain strategy

November 2, 2018

blockchain, Microsoft Azure, Nasdaq

Nasdaq is integrating its enterprise architecture, called the Nasdaq Financial Framework (NFF), with Microsoft Azure Blockchain to build a ledger agnostic blockchain capability that supports a multi-ledger strategy. The aim…

Nasdaq clearing member default costs CCP EUR 114 million

September 17, 2018

Josh Galper

News and Notes

CCP, default, Nasdaq

OSLO (Reuters) – A Norwegian power market trader racked up losses he could not cover, leaving commodities companies who are part of the Nasdaq clearing house, and the exchange itself,…

Nasdaq to acquire Cinnober for $190mn

September 15, 2018

Cinnober, fundraising, Nasdaq

Nasdaq is set to acquire Cinnober in a $190 million all-cash deal. The acquisition “advances and accelerates Nasdaq’s strategic direction as a technology and analytics provider to the global capital…

Nasdaq leads team for margin and collateral on the blockchain

June 19, 2018

News and Notes, News and Notes – Fintech

ABN Amro Clearing Bank, blockchain, collateral, DLT, EuroCCP, Euroclear, Margin, Nasdaq

ABN AMRO Clearing, EuroCCP, Euroclear and Nasdaq have completed a joint proof of concept to make the use of securities more efficient when used to cover margin calls, including after…

Extraordinary Re will use Nasdaq’s market tech for insurance risk platform

March 1, 2018

News and Notes – Fintech, Uncategorized

blockchain, Enterprise Cloud, Extraordinary Re, Insurtech, Nasdaq

Nasdaq and Extraordinary Re signed a new market technology agreement for Nasdaq to deliver matching engine technology via its architecture. Extraordinary Re will deploy this technology through its patented Liquid…

Nasdaq Clearing introduces direct clearing client model focused on repo

October 17, 2017

News and Notes

Direct Clearing, Nasdaq, Nasdaq Clearing

Enhanced model introduces direct relationship between client and CCP, designed to increase cost efficiency and client protection on both sell and buy sides. Nasdaq Clearing launched a direct clearing client…

FT: NASDAQ to scoop up data provider eVestment in $705m deal

September 6, 2017

Richard Stinchfield

eVestment, Nasdaq

Nasdaq is buying eVestment, a data and content provider to asset managers, for $705m of cash and debt in the latest step to expand the group’s technology, data and analytics…

SIX Swiss Exchange and Nasdaq to develop distributed ledger technology for SIX’s OTC structured products

August 10, 2017

Richard Stinchfield

Chain, DLT, Nasdaq, SIX

NEW YORK and ZURICH, Switzerland, Aug. 09, 2017 (GLOBE NEWSWIRE) — SIX Swiss Exchange and Nasdaq, Inc. (Nasdaq:NDAQ) today have announced that Nasdaq, in collaboration with its technology partner Chain, will provide distributed ledger technology…

A CCP for US Treasuries? Here are some pros and cons (Premium)

July 19, 2017

Josh Galper

CCP, Dodd-Frank, Fixed Income, US

Fixed Income, House Financial Services Committee, market structure, Nasdaq, topstory, US, US Treasuries

The US House Subcommittee on Capital Markets, Securities, and Investment held an interesting hearing last Friday on US fixed income market structure. Although the product range is extremely diverse, witness…

Nasdaq and CloudMargin Join Forces to Help Buy-Side Institutions Manage Cleared and Non-Cleared Derivatives Collateral

March 13, 2017

London / New York, 13 March 2017 – CloudMargin, the multi-award winning creator of the world’s first web-based collateral and margin management solution, today announced that Nasdaq Clearing has been…

Nasdaq Linq Enables First-Ever Private Securities Issuance Documented With Blockchain Technology

January 4, 2016

Josh Galper

News and Notes

blockchain, Chain, Nasdaq