Stock ExchangesRSS

TMX Group to overhaul clearing and settlement tech with TCS Bancs

TMX in major tech consolidation and revamp

Canada’s TMX Group has recruited TCS to help it renovate its clearing and settlement business technology. The Indian vendor will provide “a single, integrated technology platform” to TMX – TCS Bancs for Market Infrastructure – to replace disparate legacy systems deployed by the Canadian Depository for Securities Limited (CDS) and Canadian Derivatives Clearing Corporation (CDCC).

Nasdaq powers Kazakhstan’s new stock exchange

Kazakhstani Flag Button - Flag of Kazakhstan Badge 3D Illustration

Astana International Financial Centre (AIFC) has chosen Nasdaq to power Kazakhstan’s nascent stock exchange, the AIFC Exchange. The exchange is targeted to launch in late-2017 and will initially trade equities and fixed income with other asset classes for future phases. Within the framework of the agreement, the Nasdaq Matching Engine will be implemented and go […]

IBM heats up Chile’s financial sector with blockchain

chile 2

IBM and Chile’s Santiago Exchange, the largest in the country, have teamed up to introduce blockchain across the country’s financial sector. The agreement makes the Santiago Exchange the “first stock market in Latin America” to apply IBM blockchain within its short selling system for securities lending. Built by IBM and Santiago Exchange, the solution is […]

LSE terminates sale of LCH.Clearnet to Euronext

Euronext has an eye on LCH.Clearnet

Pan-European exchange Euronext has made an irrevocable cash offer of €510 million to acquire clearing and central counterparty (CCP) services provider LCH.Clearnet.

SEC says “no” to Winklevoss Bitcoin exchange-traded fund

No Bitcoin traded here

The US Securities and Exchange Commission (SEC) has dashed the hopes of internet entrepreneurs and venture capitalists Cameron and Tyler Winklevoss, who were hoping to create an exchange-traded fund (ETF) for the virtual currency Bitcoin.

Japan applies AI to market surveillance operations

Japan

Tokyo Stock Exchange (TSE) and Japan Exchange Regulation (JPX-R) revealed that they have been reviewing artificial intelligence (AI) technologies developed by NEC Corporation and Hitachi to improve market intelligence operations.

Nasdaq revamps Borse Dubai market tech

021317_borsedubai

Nasdaq and Borse Dubai have signed a new infrastructure agreement for Dubai’s stock exchanges, Dubai Financial Market (DFM) and Nasdaq Dubai, to improve post-trade practices. Under the agreement with Borse Dubai, the parent company of DFM, Nasdaq will deliver a new INET-powered, multi-asset trading technology engine (Nasdaq matching engine), a cash equities clearing module (Nasdaq […]

Thesys awarded major tech contract to track all US stock and options orders

HFT provides benefits now

Thesys Technologies, trading technologies and analytics software specialist, has won the contract to build a new system for the Securities and Exchange Commission (SEC) to track and store all stock and options orders and transactions.

World’s first commercial real estate stock exchange signs for Cinnober’s tech

IPSX

UK-based International Property Securities Exchange (IPSX) is waiting for approval from the Financial Conduct Authority (FCA) and has signed for new trading tech from Cinnober. IPSX describes itself as “the world’s first regulated stock exchange dedicated to trading of commercial property securities”. It needs a recognised investment exchange (RIE) licence from FCA to be able […]

Tokyo Commodity Exchange goes live on Nasdaq trading tech

Japan_flag

Tokyo Commodity Exchange (Tocom) has gone live on its new trading system – powered by Nasdaq’s Genium INET technology, as well as Nasdaq pre-trade risk and smarts market surveillance solutions.

@banking
techno