Following news that CMEW Group was shutting its regulatory reporting business in Europe and Asia earlier this year, Deutsche Borse has also signalled an exit from that market with the sale of its Regulatory reporting Hub to fixed income trading platform MarketAxess. The Regulatory Reporting Hub is a pan-European reporting and compliance platform that enables […]
Tag: Deutsche Borse
CloudMargin, a provider of a collateral and margin management solution native to the cloud, has announced that it has closed on its largest funding round to date, bringing in $15 million in a Series B capital raise. Primary investors were Deutsche Börse, and current CloudMargin clients Deutsche Bank and Citi. “We’re delighted to enjoy the […]
Deutsche Börse is acquiring a majority interest in Quantitative Brokers, an independent provider of advanced execution algorithms and data-driven analytics for futures, options and interest rate markets. The fintech company has operations in New York, London, Sydney and Chennai. Terms of the deal were not disclosed and the founders of QB are retaining “significant portions” […]
Sponsored content – David Holcombe, Product Lead for FX Futures and Clearing at 360T discusses breaking down the remaining barriers between OTC and Listed FX markets Recently there have been some well-publicised attempts by exchange groups to bridge the gap between OTC and Listed FX trading, however, these efforts have been lacking something crucial: a […]
Deutsche Boerse today announced the first digital asset to list on Xetra. The BTCetc, Bitcoin Exchange Traded Crypto (BTCE), issued by ETC Issuance – is the world’s first centrally cleared Bitcoin tracker. The Exchange Traded Note (ETN) was admitted to the regulated market of the Frankfurt Stock Exchange (FWB) and is fully collateralised by bitcoin. “With the […]
Paul Hilgers will become managing director of Deutsche Börse’s cash market business on 1 September. He will report directly to Thomas Book, executive board member of Deutsche Börse Group. From 1 July, Book’s area of responsibility, Trading & Clearing, will encompass all of Deutsche Börse’s trading and clearing platforms. In addition to the cash market, […]
While activity on the primary FX venues was mixed month-on-month thanks to January not being a roll month for CME, average daily volume (ADV) on all three venues was lower year-on-year. Refinitiv reports ADV of $83 billion for spot FX across its platforms in January, a 6.4% increase from December, but a 12.6% decline from […]
I think it is fair to say that the London Stock Exchange Group was the dark horse in the chase to buy Refinitiv, after all, LSEG has a long and no-so-proud history when it comes to M&A – over the years it has been mentioned as a buyer of Icap, NEX Group and Deutsche Borse, […]
Given they predicted just such a move almost a year ago there is no surprise from Colin Lambert and Galen Stops in this week’s podcast over the announcement that Deutsche Boerse is in talks with Refinitiv to buy some or all of its FX assets. So far, so straightforward – however this is In the […]
In a rumbustious podcast this week Galen Stops relates how he took on the Twitter world following a tweet that was clearly misunderstood (he says) and he and Colin Lambert get into a debate over the value of speed bumps in futures markets. One group, as Stops observes, is very unhappy about it, but Lambert points out there is another – rather influential – group, that really like the idea.
Our two podcasters also follow up on a recently published story by Profit & Loss about the potential buyers of Refinitiv as well as take a look at a recent blog post on aggregation in FX which inevitably leads to a question from Stops to Lambert, ‘what do you consider full amount trading?’ Luckily for everyone, the latter keeps his answer reasonably (to him) short – even delving into the depths of his own trading career for an analogy.
Speaking of delving the depths, the podcast closes out by fulfilling its promise of the previous week through delivering “considered analysis” of a recent rival podcast which took a look at the events surrounding the death of crypto exchange Quadriga’s CEO. There are those that think, as Stops notes in this podcast, that the FX industry likes a good gossip and wild speculation, but his report on the investigation into Quadriga leaves FX standing well in the shade…