Iraq Stock Exchange prepares new trading system

The Iraq Stock Exchange will use Nasdaq OMX technology as it seeks to capitalise on recent growth

The Iraq Stock Exchange is to upgrade its trading technology using Nasdaq OMX, in a project that highlights the progress made by the country’s stock market since the American-led invasion in 2003.

Licuos named Spain’s best startup at Next Bank Madrid

Spanish startup Licuos overcame eight rivals in Madrid to win the Startup Disrupt title

Spanish business to business payment platform Licuos has been named as the winner of Innotribe Startup Disrupt, a competition to find the most innovative financial services startups in the Spanish and Portuguese speaking world.

A pro-fund change? Good news for AIFs


The Alternative Investment Fund Managers Directive threatens to have a significant operational impact on the industry. Fund managers will soon be subject to a host of new requirements including increased KYC and due diligence, better risk and liquidity monitoring, and new reporting and disclosure requirements. However, in the UK the transition looks to be particularly […]

Spain’s Banco Sabadell offers mobile cash withdrawal

Sabadell customers in Spain will be able to withdraw cash using their mobile

Spanish bank Sabadell has released a mobile app that lets consumers withdraw cash without a debit card.

Union Bank of Taiwan adopts Calastone funds tools

Union Bank of Taiwan will use Calastone to automate its fund management

Union Bank of Taiwan has signed up with global fund transaction network Calastone to automate its offshore fund transactions through the new Taiwan Depository and Clearing Corporation fund service.

SEC hopes for Midas touch from HFT surveillance system

The Washington-based SEC is watching Wall Street

the US Securities and Exchange Commission says that its cloud-based approach is paying dividends and allowing it to examine the structures of the markets it supervises at a greater level of granularity than ever before.

Next Bank Madrid reveals Spain’s strongest startups

Next Bank Madrid has chosen nine startups for the competition in June

Next Bank Madrid has chosen the finalists for a competition that seeks to find the best financial services startup companies from the Spanish and Portuguese speaking world.

MTS unveils European swaps trading platform

MTS Swaps is aimed at buy-side firms that want more control over swaps trading

Fixed income trading venue MTS is to launch a new platform called MTS Swaps designed for buy-side firms that want to have more control over how they trade interest rate swaps.

Bank of Korea embraces Calypso STP technology

Seoul-based Bank of Korea will use Calypso technology to link its front, middle and back office systems

The Bank of Korea has installed a new system from technology company Calypso that will help it better manage the country’s sovereign reserve.

Indian SMEs in crosshairs at Western Union and IndusInd Bank

Mumbai-based IndusInd Bank and Western Union are targeting India's SMEs

India’s IndusInd Bank and Western Union have created a partnership designed to make foreign exchange and global business easier for SMEs in India.