Financial Markets / Trading


What DTCC’s IBM Blockchain Transition ‘Reimagining’ Credit Derivatives Signifies

By Roger Aitken for Forbes

On the heels of the announcement by the U.S. Depository Trust Clearing Corporation’s (DTCC) transitioning a central part of its financial infrastructure onto a blockchain, the premier post-trade market infrastructure for the global financial services industry that processes trillions of dollars, many are wondering what it means for the blockchain market’s future. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Government activities

January 23, 2017


Mercuria introduces blockchain to oil trade with ING, SocGen

By The Business Times

[DAVOS] Trading house Mercuria is working with banks ING and Societe Generale on the first large oil trade based on blockchain technology, as the tradition-bound oil industry tests out digital technology. (more…)

Blockchain, Financial Markets / Trading, Fintech news

January 21, 2017


Top Business-to-Business Wealth Tech Players

By Julie Muhn for Finovate Blog

If you’ve been following our series on wealth tech, you’ve seen our analysis of the industry as a whole, a review of the top trends, and an examination of B2C wealth tech players. (more…)

About, Financial Markets / Trading, SME

January 21, 2017


U.S. Financial Regulatory Agency Explores Blockchain’s Impact On Securities Trading

By Lester Coleman for CryptoCoinsNews

The Financial Industry Regulatory Authority released a report on blockchain’s impact on the securities industry in its efforts to support financial institutions investing in the technology.


Blockchain, Financial Markets / Trading, Fintech news, Government activities

January 21, 2017


This App Wants to Help You Trade Stocks Based on Trump Tweets

By Jeremy Quittner for Fortune

Professional traders and hedge fund managers apparently have algorithms and models to account for market turbulence from President-elect Donald Trump’s t weets. Now you can too. (more…)

About, Financial Markets / Trading, news

January 14, 2017


China: Citic Goldstone, Huagai Capital back $29m Series B in Tiger Brokers

By Tomas S. Noda III for Deal Street Asia

Tiger Brokers Co, a Beijing-based online brokerage company, has raised up to $29 million (RMB 200 million) in a Series B funding round participated in by Citic GoldStone Fund Management Co Ltd, and Huagai Capital. (more…)

About, China, Deals, Financial Markets / Trading, Fintech news

December 28, 2016


Fintech Startup Cobalt DL Receives Investment from Citi

By FinSMEs

Cobalt DL, a London, UK-based FX post-trade processing network based on distributed ledger technology, received an investment from Citi.

The amount of the deal was not disclosed. (more…)

Banks, Blockchain, Deals, Financial Markets / Trading, Fintech news

December 22, 2016


State Street Is Testing Blockchain for Securities Lending

By Fortune

State Street has tested a blockchain system that it hopes can be used to streamline the securities lending process as the financial industry accelerates efforts to adopt the emerging technology. (more…)

Banks, Blockchain, Financial Markets / Trading, Fintech news

December 22, 2016


Goldman, JPMorgan to invest in blockchain startup Axoni -sources

By Olivia Oran and Anna Irrera for Reuters

Dec 19 Goldman Sachs Group Inc, JPMorgan Chase & Co and a group of other financial institutions including inter-dealer broker ICAP Plc’s venture arm are finalizing an investment in blockchain startup Axoni, people familiar with the deal said this week. (more…)

Banks, Blockchain, Deals, Financial Markets / Trading, Fintech news

December 21, 2016


Citi investing in fintech firm to examine mystery of flash crashes

By Bloomberg News

Sudden jolts in the currency market may be becoming more frequent, with at least three flash crashes over the course of 14 months. But there is some hope in finding out their causes more quickly. (more…)

Banks, Blockchain, Financial Markets / Trading

December 20, 2016


Fundchain Unveils First Insight of Blockchain Proof-Of-Concept for the Investments Funds Industry: The Smart TA


The Luxembourg-based blockchain consortium initiated during the summer is now ready to unveil its first outcomes following six months of collaborative work. (more…)

Banks, Blockchain, Financial Markets / Trading, Fintech news

December 17, 2016


Startup wealth manager Scalable Capital has attracted €100 million in just 10 months

By  for Business Insider

LONDON — Scalable Capital, a so-called “robo advisor” online wealth manager, has passed over €100 million (£83.8 million) in assets less than a year after launching.


Deals, Financial Markets / Trading, Fintech news

December 15, 2016


UK online trading school raises $2 million

By  for

UK-based online trading school and education platform Investoo has raised $2 million in funding from Optimizer Invest, Kinetic Investments and Right Casino’s Sam Miranda.


About, Deals, Financial Markets / Trading, news

December 15, 2016


Korean Blockchain Service Platform Receives State-Authorized Certification

By Samburaj Das for CryptocoinsNews

Korean Fintech startup Blocko’s blockchain-as-a-service (BaaS) middleware platform Coinstack has received the state-authorized ‘First Class Gold Software (GS) Certificate’. The recognition that could conceivably see adoption of its blockchain toolkit among public agencies. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Government activities, Korea

December 15, 2016


This Blockchain Startup Allows Confidential Trades

By Fortune

Digital Asset’s latest tech solves big privacy issue. (more…)

Blockchain, Financial Markets / Trading, Fintech news

December 8, 2016


Saxo Bank Open API to wire up China’s Phoenix Finance

By finextra

Saxo Bank, the multi-asset investment and trading specialist, and Phoenix Finance, a financial technology firm, signed a MOU to form a white label partnership. The integration process will start in Q1 2017.


Banks, China, Financial Markets / Trading, Fintech news

December 6, 2016


Asia’s Largest Stock Exchange Operator Forms Blockchain Consortium in Japan, Trials in 2017

By Samburaj Das for CryptocoinsNews

A number of companies have joined the Japan Exchange Group (JPX) To form a consortium that will develop a proof-of-concept blockchain solution for capital market infrastructure. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Japan

December 1, 2016

AI Driven Investment Bank Euklid Closes Seed Funding at €10M Valuation

By FinSMEs

AI driven investment bank Euklid has completed its first seed funding.

Two unnamed financial industry vetarans made the approx. €375/400k investment in exchange of a 3/4% stake in the company. Following the closing of this seed, which valued the company at €10M, Euklid is to move its Headquarters to London* in order to implement their international strategies. The funds will allow the company to establish a NewCo in the UK and a RAIF fund in Luxembourg. (more…)

AI / Machine Learning / Big Data, Banks, Cryptocurrencies, Deals, Financial Markets / Trading, Fintech news

November 22, 2016


New Software Brings Multiple Blockchains Into One Network, Will Target Crypto Investing

By Elliot Maras for CryptocoinsNews

Gavin Wood, former CTO of Ethereum and the founder of Parity Technologies, has partnered with a company called Melonport AG on a software for asset managers that supports interoperability among different blockchains with different proof of identity features. The first use will be cryptocurrency portfolios. (more…)

Blockchain, Cryptocurrencies, Financial Markets / Trading, Fintech news

November 19, 2016


Wells Fargo partners SigFig on rob-advisor service

By Finextra

Wells Fargo is working with San Francisco-based wealth management technology startup SigFig on a digital advisory service that the bank will begin piloting next year. (more…)

AI / Machine Learning / Big Data, Banks, Bots, Financial Markets / Trading, Fintech news, PFM/PFP services

November 16, 2016


Trading simulator TradeHero gets acquired by competitor Ayondo

By  for TechInAsia

TradeHero has found a hero of its own. The Singapore-based trading simulator startup has been acquired by Germany-headquartered Ayondo, a group that “invests in new technology and high-growth business models” in the banking sector. The group offers similar services to TradeHero. (more…)

Deals, Financial Markets / Trading, Fintech news, Singapore

November 15, 2016

Quantopian Raises $25M in Series C Financing

By FinSMEs

The round was led by venture capital firm Andreessen Horowitz with participation from earlier investors Bessemer Venture Partners, Steve Cohen’s Point72 Ventures, Khosla Ventures, and Spark Capital. In conjunction with the funding, Alex Rampell, a General Partner with Andreessen Horowitz is joining Quantopian’s Board of Directors. (more…)

Deals, Financial Markets / Trading, Fintech news

November 15, 2016


Google’s big chance to disrupt the market data industry

By Finextra

Google has a great opportunity to disrupt financial services using a freemium model for the delivery of market news, insights and communications direct to professional desktops, says Adam Honore, founder of consultancy MarketsTech. (more…)

About, Financial Markets / Trading, Fintech news

November 7, 2016


China Foreign Exchange Trade System joins R3

By Finextra

Financial innovation firm R3 has announced the addition of China Foreign Exchange Trade System (CFETS), China’s official interbank market trading platform, to its consortium to design and apply distributed and shared ledger-inspired technologies to global financial markets. (more…)

Banks, Blockchain, China, Financial Markets / Trading, Fintech news

November 5, 2016


DLT: clearing away the payments debris?

By Finextra

Distributed ledger technology has the potential to ease a host of operational pain points with UK payment systems and could be particularly useful for reference data databases, a report from Whitechapel Think Tank (WTT) suggests. (more…)

Blockchain, Financial Markets / Trading, Fintech news, Marketing Report

November 2, 2016


One Year After Graduating From the QC Fintech Accelerator: What Is Traderion Doing?


Throughout the three years of dedicated ongoing research in the FinTech space, the LTP team has explored, defined and shaped the global FinTech startup ecosystem unlike anyone else. Eventually, LTP has decided to unveil how the 50+ worldwide FinTech accelerators are boosting the growth of the startups in their programs. For this scope, LTP will be interviewing the startups that have been part of the top notch FinTech accelerators and will share the results with its global audience. (more…)

About, Financial Markets / Trading, Interviews

October 28, 2016

NYC-based Electronic Trading Network AX Trading Group Secures $20M Investment

By FinSMEs

AX Trading Group, Inc., a NYC-based Electronic Trading Network, secured a $20m investment.

The source and the terms of the investment were not disclosed. (more…)

Deals, Financial Markets / Trading, Fintech news

October 27, 2016


Russian and Chinese CSDs to co-operate on post-trade blockchain

By Finextra

During an official visit to China, National Settlement Depository (NSD), Russia’s central securities depository, signed a memorandum of understanding with China Securities Depository and Clearing Corporation Limited (CSDC), China’s central securities depository providing services to the Shanghai Stock Exchange and the Shenzhen Stock Exchange. (more…)

Blockchain, China, Financial Markets / Trading, Fintech news, Government activities

October 25, 2016


Convergex licenses The OptionEyes

By Finextra

Convergex, an agency-focused global brokerage and trading related services provider, is pleased to announce that it has entered into an agreement granting it an exclusive license to The OptionEyes, a front-end technology platform that helps active traders manage and trade positions in an options or equity portfolio. (more…)

Financial Markets / Trading, Fintech news

October 25, 2016


Japanese asset management startup WealthNavi raises $15M

By  for VentureBeat

Tokyo-based WealthNavi, the company offering a technology-based asset management service under the same name, announced on Wednesday that it has fundraised 1.5 billion yen (about $15 million) in a series B round. Participating companies in this round were SBI Holdings, SBI Investment, Mizuho Capital, SMBC Venture Capital, DBJ Capital, and Infinity Venture Partners. (more…)

Deals, Financial Markets / Trading, InspirAsia, Japan, PFM/PFP services

October 16, 2016