Digital Asset Redemption to Use Zero Hash for Settlement

Zero Hash, Seed CX’s digital asset and fiat currency custodian subsidiary, has announced that Digital Asset Redemption (DAR) has agreed to utilise its settlement service for short-term digital asset loans. DAR is a Chicago-based company that works with insurance companies, cybersecurity firms, and incident response teams across the globe to facilitate resolution to ransomware attacks. […]
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Facebook Reveals Details of its New Cryptocurrency

Facebook has issued a series of whitepapers outlining its plans regarding the new cryptocurrency that it intends to launch in the first half of 2020. According to the materials released today, the underlying aim of the proposed cryptocurrency, called Libra, is to make moving money around globally as easy, cost effective and safe as sending […]
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Seed CX Partners with Caspian

Seed CX has integrated with Caspian, a crypto trading, portfolio and risk management platform. This partnership will allow the institutional investors using Caspian’s trading and portfolio management system – which includes an OEMS (order execution management system), PMS (portfolio management system), and RMS (risk management system) that covers the entire lifecycle of the trade – […]
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And Another Thing…

Without innovation the world stagnates and this is as true in financial markets as anywhere else, however I sense that people are starting to feel a little overwhelmed by the continued fintech revolution – there are, some people suggest to me, just too many ideas out there at the moment and identifying the good ones […]
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BME to Launch FX Futures

Bolsas y Mercados Españoles’ (BME) is set to launch FX futures contracts on its derivatives platform, MEFF. The new product, called FX Rolling Spot Future (xRolling FX), will be available for trading on June 21st. This launch comes at a time when BME claims it is working on several initiatives to increase its presence in […]
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Swift Calls for Greater Industry Standardisation

Swift has issued a report arguing in favour of greater standardisation of messaging within the FX market, claiming that this will in turn cause greater automation and improve efficiency. In the report, Swift notes that the sheer volume of FX transactions that occur daily makes automation in this market challenging. “With millions of confirmation messages […]
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Edgewater Launches Equity Offering for Crypto Spin-Off

Edgewater Markets has launched an equity offering for its new crypto-focused spin-off, Edgewater Digital Technologies (EDT). EDT plans to launch a digital asset trading platform – Crypto Prime Trader – later this year, and to help accelerate its development and launch, Edgewater is offering up to $25 million of preferred equity in a private placement. […]
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Kooltra Targets Brokers with Cloud-Based Solution

Kooltra has launched a new platform, called FXCore, which designed to fast-track the entry of new broker participants into the FX market. In a release issued today Kooltra, which provides an integrated back and middle office SaaS system for institutional customers, says the platform will advance back office technology for FX trading which, it says, […]
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Report Warns DLT Technology Could Backfire

A new report from Greenwich Associates warns that, if taken too far, distributed ledger technology (DLT) could reintroduce problems financial markets have been working to alleviate for more than 500 years. DLT has been touted as a means of creating new efficiencies in a number of different areas within the financial system, one of which […]
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Nasdaq, CryptoCompare, Launch Market Data Product

Cryptocurrency data provider CryptoCompare, and exchange group Nasdaq, have announced a strategic partnership to launch a cryptocurrency pricing product, the Nasdaq/CryptoCompare Aggregate Crypto Reference Prices. The product will be made available on Quandl, a Nasdaq owned data platform. The firms say the new product will enable institutional investors to monitor the nascent digital asset class […]
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