nCino prices IPO above price range at $31 a share
The company sold 8.06 million shares to raise $249.86 million on 13 July.
Stock Exchange
Goldman Sachs says crypto is “not a suitable investment” on invite-only call
Bitcoin reclaimed its $10,000 territory on Monday.
Fintech investment tips: ETFs, CFD and beyond
Opportunities for traders are no less diverse in the modern market.
Video: Top fintech stories this week – 27 March 2020
FinTech Futures’ weekly news round-up.
Stock markets decline as coronavirus crisis worsens
A further wave of dividend suspensions and cancellation of buybacks were announced.
Euronext welcomes new COO Georges Lauchard
The role will be based in Paris.
Travelex owner Finablr prepares for insolvency
Finablr processed $115 billion in transactions in 2019, and more than 1,500 firms rely on it.
A market course correction will rein in overblown valuations in 2020
Recent disappointing IPO stories are sending investors back to the drawing board.
Sibos 2019: Final wrap-up of talks, interviews and daily news
See our final wrap-up of the London-hosted four day event!
Blade raises $4.3m from Coinbase
The crypto derivatives exchange is launching in three weeks.
CFTC charges trader with spoofing in financial futures markets
The filing and settling charges are against the trader, Benjamin Cox.
Digital US equities investment product launches in India
DriveWealth has partnered with Vested Finance.
Robinhood raises $323 million in Series E funding
The new round of funding values the company at $7.6 billion.
Nasdaq signs market tech agreement with Iraq Stock Exchange
Electro-trading was introduced for the first time in Iraq via Nasdaq’s platform in April 2009.
Blockchain firm Saga picks FIS for treasury management
Deloitte helped Saga pick its supplier.
Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
Thesys loses US stock exchange contract to Finra
The firm was hired to build a data warehouse for all stock-market activity.
Top fintech stories this week – 11 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Bank of America and Morgan Stanley plan rival stock exchange
Nasdaq and ICE get competition as nine firms unveil MEMX.
Crypto DX.Exchange seeks to shake up Nasdaq stock markets
Firm offers digital tokens based on Nasdaq-listed companies’ shares.
Demand Derivatives teams up with GMEX for new exchange and clearing house
GMEX also takes minority stake in Demand Derivatives.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Coinbase Ventures launched to support crypto start-ups
Coinbase Ventures will be providing financing to promising early stage crypto-focused companies.
Coinbase taken to court, twice
Cryptocurrency exchange Coinbase has landed in more hot water with two federal class action lawsuits.
Nasdaq files patent infringement lawsuit against IEX
Lawsuit aims to halt unauthorised use of proprietary electronic trading platform technology.
Crime thriller: Trading Down, by Stephen Norman – part 3
Over the past few weeks, we’ve been sharing some extracts from a new crime thriller, Trading Down, by Stephen Norman, long serving CIO/CTO of RBS Global Markets. Here, in the third and final extract, we return to the action at the Hamilton Datacentre crisis.
Crime thriller: Trading Down, by Stephen Norman – part 2
Here’s a second extract from Trading Down, by Stephen Norman, which continues the drama in the Hamilton Datacentre.
JP Morgan implements Mosaic MSX for fixed income data analytics
Mosaic Smart Data’s real-time data analytics platform, MSX, has been deployed by JP Morgan to optimise the productivity and profitability of its global fixed income sales and trading division.
Crime thriller: Trading Down, by Stephen Norman
A sneak preview of a debut novel by Stephen Norman, long serving CIO/CTO of RBS Global Markets and previously Merrill Lynch. A fast-paced crime thriller – published on 9 November 2017.
Credit Suisse strengthens SmartStream deal for derivatives brokerage fees
SmartStream Technologies, the financial transaction lifecycle management (TLM) solutions provider, has revealed that its original agreement with Credit Suisse was recently expanded to include the processing of listed derivatives brokerage fees which began in February of this year.
BNP Paribas selects SmartStream’s fees and expense management solution
The derivatives execution and clearing (DEC) business of BNP Paribas has implemented SmartStream Technologies transaction lifecycle management (TLM) Fees and Expense Management (FEMS) solution.
BNP Paribas is a Smart Chaser for AI-powered trade
BNP Paribas Securities Services is implementing Smart Chaser, a trade matching tool using artificial intelligence (AI) and predictive analysis, to further automate trade processing services it provides to investment managers. According to BNP Paribas Securities Services, trade matching – the comparison of trade details between the client and its broker – must be performed in […]
EDI challenges NYSE corporate actions monopoly
Exchange Data International (EDI) says it has broken the NYSE corporate actions monopoly with its launch of a “like-for-like service at less than 50% of the redistribution costs charged by NYSE”.
Big Xyt going trading places with new data analytics hub
Big Xyt, a smart data and analytics provider, has unveiled its new hub for trading firms to integrate tick data and analytics via a single API. According to the firm, the Xyt hub allows companies to consume, analyse and visualise data through cloud-based technologies, featuring Data-as-a-Service (DaaS) and nice Analytics-as-a-Service (AaaS) functionalities. Bats has signed […]
Fintech funding round-up: 6 September 2017
Wake me up when September sends a fintech funding round-up. Features Deutsche Börse, RegTek.Solutions, Finaeo and Now Money. Deutsche Börse and Illuminate Financial Management have co-led in a $5 million Series A funding round in RegTek.Solutions, a regulatory reporting solutions provider. As reported last month, the Regulatory Reporting Hub of Deutsche Börse launched a partnership […]
Nasdaq buys analytics provider eVestment for $705m
Nasdaq will acquire eVestment, a content and analytics provider used by asset managers and investment consultants, for $705 million funded through a mix of debt and cash on hand. According to Nasdaq, eVestment provides investors a database for both traditional and alternative strategies, including 2,800 individual data points on more than 74,000 investment vehicles. eVestment […]
SIX Swiss Exchange, Nasdaq and Chain team for blockchain OTC project
SIX Swiss Exchange and Nasdaq and working with blockchain tech company Chain to provide distributed ledger technology (DLT) for for SIX’s over-the-counter (OTC) structured products business.
Blockchain and Bitcoin round-up: 3 August 2017
Following on from Tuesday’s (1 August) round-up, here’s more action from the busy blockchain and Bitcoin scene. Features Gwyneth Paltrow (yes, really), Abra, Gibraltar Stock Exchange and WannaCry. Actress and food writer Gwyneth Paltrow has joined Abra, a Bitcoin-based digital wallet app, as an advisor. In an episode of American reality show “Planet of the […]
Nasdaq to buy surveillance provider Sybenetix
Nasdaq will acquire Sybenetix, a surveillance provider that uses behavioural analytics and cognitive computing. The addition of Sybenetix to Nasdaq’s risk and surveillance suite of solutions, including Smarts and TradeGuard, will allow Nasdaq to “bring deeper technology savviness and expertise to buy-side compliance officers across the global capital markets who require future-focused surveillance capabilities to […]
UK competition watchdog tells ICE to sell Trayport
The UK’s Competition and Markets Authority (CMA) has finally decided that Intercontinental Exchange (ICE) should sell Trayport to preserve competition in wholesale energy trading. As Banking Technology reported in August, the CMA “provisionally” found ICE’s acquisition of Trayport may give rise to competition concerns. After lengthy investigation, CMA says: “As a result, ICE will now […]
