SAI Global to buy BWise regtech platform from Nasdaq
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…
Read More Nasdaq-backed Symbiont raises $20mn for institutional blockchain platform
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…
Read More Digital exchange to trade share-backed tokens of blue chips
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…
Read More Cinnober tech deployed by Singaporean crypto asset exchange
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…
Read More Fidelity, Nasdaq in $27.5mn crypto spot market investment
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…
Read More Nasdaq acquires alt-data firm 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…
Read More Singapore’s central bank reports DLT project results and next steps
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…
Read More Nasdaq and Microsoft Azure partner on multi-ledger blockchain strategy
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…
Read More Nasdaq clearing member default costs CCP EUR 114 million
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,…
Read More Nasdaq to acquire Cinnober for $190mn
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…
Read More Nasdaq leads team for margin and collateral on the blockchain
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…
Read More Extraordinary Re will use Nasdaq’s market tech for insurance risk platform
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…
Read More Nasdaq Clearing introduces direct clearing client model focused on repo
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…
Read More FT: NASDAQ to scoop up data provider eVestment in $705m deal
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…
Read More SIX Swiss Exchange and Nasdaq to develop distributed ledger technology for SIX’s OTC structured products
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…
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A CCP for US Treasuries? Here are some pros and cons (Premium)
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…
Read More Nasdaq and CloudMargin Join Forces to Help Buy-Side Institutions Manage Cleared and Non-Cleared Derivatives Collateral
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…
Read More Nasdaq Linq Enables First-Ever Private Securities Issuance Documented With Blockchain Technology
Transaction by Chain.com Marks Significant ‘Proof of Concept’ and Major Step Forward in Use of Blockchain Blockchain Holds Potential for 99% Reduced Settlement Time and Risk Exposure in Capital Markets NEW…
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