Nasdaq-listed Tradeweb to purchase Australian trading platform Yieldbroker for A$125m
Yieldbroker has confirmed that shareholders have voted in favour of the sale of 100% of the equity in Yieldbroker to Nasdaq-listed Tradeweb for A$125 million.
Spotlight: LIBOR cessation is a month away
On 30 June 2023, the US market will transit from LIBOR benchmark rates to Secured Overnight Financing Rate Data (SOFR) as well as other new fallback rate indices.
Spotlight: U.S. T+1 is just around the corner
In a year’s time, the U.S. will be moving to T+1 settlement for transactions in U.S. cash equities, corporate debt, and unit investment trusts.
Exegy innovation wins Best New Product award
The integration of the Metro trading platform and nxAccess FPGA-based trading engine has been named Best New Product at the 11th Annual Markets Choice Awards.
UAE Fintech InvestSky partners with Alpaca to launch Social Investing Platform
InvestSky is a social investing platform that offers investors the opportunity to embark on trading stocks in a more inclusive, intuitive and informed way.
Iyo Bank becomes first regional bank in Japan to adopt DTCC’s ITP services
DTCC have announced that Iyo Bank has become Japan’s first regional bank to adopt their Institutional Trade Processing (ITP) services
DTCC’s Project Ion Platform now live and processing over 100,000 transactions per day on DLT
The Depository Trust & Clearing Corporation have announced that its Project Ion platform has gone live in a parallel production environment.
DTCC’s MTU is now connected to all major triparty agents, transforming collateral management processes for the industry
The DTCC announce its Margin Transit Utility has achieved connectivity with major triparty agents in the financial industry.