News Centre

Linear Investments Ltd Selects OneTick To Drive Trade Surveillance And Best Execution

Date 06/07/2022

OneMarketData, LLC (“OMD”), a leader in tick data management and analytics, today announced that Linear Investments Ltd, the custody execution and clearing provider, has selected OneTick Trade Surveillance and OneTick Best Ex. The cross-asset, cloud hosted deployment will enable Linear to meet multiple regulatory requirements, protect all trades by creating an auditable workflow and monitor execution quality while reducing costs and replacing legacy technology.

Tradeweb Reports Trading Volume Of $26.1 Trillion In June With 18.0% YoY Increase In Average Daily Volume

Date 06/07/2022

Tradeweb  reported total trading volume for June 2022 of $26.1 trillion (tn). Average daily volume (ADV) for the month was $1.24tn, an increase of 18.0 percent (%) year-over-year (YoY).

Blackstone Resources Plans To Move To Other European Or American Stock Exchanges

Date 06/07/2022

Blackstone Resources AG (SWX; symbol BLS, ISIN CH0460027110) announces that the Board of Directors of the company has decided to go private for the time being. In this context, the shares of Blackstone Resources AG will be delisted from the Swiss stock exchange and a transfer to other international trading venues is being prepared. Blackstone is submitting the corresponding application to the SIX today.

Bank Of England - Minutes Of The CBDC Technology Forum - June 2022: Fifth Meeting Of The CBDC Technology Forum

Date 06/07/2022

A Forum Member presented a view on why offline functionality should be a key feature of CBDC. The presentation exposed why offline settlement finality was important in a world where physical cash usage is diminishing. The presenter noted that offline settlement finality offered benefits in terms of availability, throughput and operational infrastructure costs, where existing real time (online) settlement systems encountered the biggest challenges. The presentation also mentioned that, without offline finality, any CBDC system would be difficult to differentiate from any other real time payment system. The presenter also mentioned drawbacks of offline systems, including the higher risk of counterfeiting and double spending due to added technical complexity.

Broadridge Appoints Tyler Derr As Chief Technology Officer

Date 06/07/2022

Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, today announced that Tyler Derr has been appointed Chief Technology Officer (CTO) effective July 1, 2022. In this role, he will serve as the senior-most technology officer in Broadridge’s delivery of world-class SaaS and other service offerings to leading financial services clients. He will be responsible for overseeing Broadridge’s global technology teams including enterprise-wide software engineering, product delivery, architecture, infrastructure, cybersecurity, and technology operations.

FIA Tech Launches Cash And Collateral Data Service Initial Firms Represent 40% Of Customer Funds Held In US Futures Accounts

Date 06/07/2022

FIA Tech, the leading technology provider to the exchange-traded derivative industry, announced today the launch of FIA Tech’s Cash and Collateral reference data service.

CPMI-IOSCO Assesses That Turkey Has Implemented The Principles For Financial Market Infrastructures For Two FMI Types But Material Gaps Remain For The Other Three

Date 06/07/2022

• Turkey's framework for systemically important payment systems (PSs) and securities settlement systems (SSSs) is consistent with the CPMI-IOSCO Principles for financial market infrastructures (PFMI).
• Most of the implementation measures for central counterparties (CCPs) are consistent or broadly consistent with the PFMI.
• A number of material gaps have been found in the implementation measures for central securities depositories (CSDs) and trade repositories (TRs).

SIX Digital Exchange Announces A Collaboration With Fireblocks To Provide Institutional-Grade Infrastructure Services For Regulated Intermediaries And Institutional Investors

Date 06/07/2022

Bursa Malaysia Onboards Malacca Securities As First Islamic Participating Organisation To Offer Shariah Discretionary Trading

Date 06/07/2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has onboarded Malacca Securities Sdn Bhd (“Malacca Securities”) as the first Islamic Participating Organisation (“Islamic PO”) to offer Shariah Discretionary Trading (“Shariah DT”) service to its clients, effective 1 July 2022.

Zennor Asset Management Appoints TORA For Global All-In-One Multi Asset System

Date 06/07/2022

TORA, provider of the industry’s most advanced all-in-one EMS, OMS and PMS announced today that Zennor Asset Management has selected and implemented TORA.