TradAir Completes $11m Investment Round

TradAir has completed an $11 million Series D round, led by new investors GF Investments and the family office of Harvey Golub, former chairman and CEO of American Express. Existing investors, including Long Ridge Equity Partners and Viola Ventures, continued with their support and added to their investment in the round. Although it has not […]
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Caplin Adds Crypto to Trading Platform

Technology provider Caplin has announced the addition of cryptocurrencies to its range of technology components for multi-asset trading. Using its financial markets domain expertise and multi-asset User Experience (UX), Caplin has added a new asset class and further enhanced its platform in response to client requests for a professional and robust crypto trading experience. The […]
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TriOptima Runs Inflation Swap Compressions

TriOptima has announced that it has completed the first cleared inflation swap compression run at LCH SwapClear. The run was completed on 19 July with euro cleared inflation swaps being compressed through the TriReduce service and the firm says it will go live with sterling and dollar cleared inflation swaps compression in LCH SwapClear “imminently”. In order to […]
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Avelcom Adds Connectivity to Gemini

Avelacom, a provider of connectivity and IT infrastructure, has added Gemini Trust Company, a digital asset exchange and custodian, to its list of cryptocurrency exchange technology vendors in Equinix’s NY5 data centre. With this new partnership, Avelacom’s clients, including those that are already Gemini clients, can connect directly to the exchange’s infrastructure to access market […]
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New Change FX Links with Lucera Connect

New Change FX’s regulated benchmarks and other data products are now available on the Lucera Connect network, allowing for rapid provisioning to existing Lucera Connect clients and workflow integration to LumeFX deployments. “We are seeing increasing demand for our regulated FX data to enable live performance checking of price formation for both makers and takers,” […]
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TradingScreen and ThinkFolio Link Up

TradingScreen has announced a certified integration with ThinkFolio, IHS Markit’s investment management platform, ensuring that mutual clients benefit from a standardised and certified interface between the two platforms which will provide scalability and reduce costs, the firm says. The certification offers ThinkFolio clients access to TradingScreen’s EMS functionality that can be quickly adopted as a SaaS […]
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XTRD, CEX.IO Partner for Crypto Trading Services

Crypto technology company XTRD has announced an “integration partnership” with cryptocurrency exchange CEX.IO to create an institutional services division within the latter business. XTRD CEO, Alexander Kravets, and CTO, Serge Gulko, will assume CEO and CTO roles of CEX.IO’s US offices and lead the institutional division. “The collaboration of XTRD with CEX.IO provides us with […]
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Seed CX Subsidiaries Granted Virtual Currency Licenses

Two of Seed CX’s subsidiaries, Seed Digital Commodities Market (SDCM) and Zero Hash, have received approval from the New York Department of Financial Services (NYDFS) for a virtual currency license. Seed CX, through its subsidiaries, offers an exchange for institutional trading and settlement of fiat and digital asset products. The firm also plans to offer […]
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BidFX Opens Two New Offices

BidFX Systems, a division of TradingScreen (TS), is opening offices in Italy and Australia, with new hires heading each location. Carlo Scotto will run the Italian office, which will be based in Milan. He joins from Refinitiv, where he was responsible for sales and business development in Southern Europe for FXall. Scotto has also worked […]
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Survey Highlights Treasurers’ Concerns Over Visibility of FX Exposures

A new survey from Citi shows that gaining visibility of their FX exposures remains a core concern for corporate treasurers. In the survey, which includes responses from 400 corporates of varying sizes, industries and geographies, improving cash forecasting was cited most frequently as the top priority amongst these firms. “Firms are recognising that they still […]
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