The London Stock Exchange is breaking into the cryptocurrency markets with an agreement to sell its Millennium Exchange matching engine technology to AAX, a Hong Kong-based digital asset exchange.
Nasdaq, which owns stock exchanges in several Nordic countries, is discussing a possible purchase of Oslo Børs, the Financial Times reported, citing people familiar with the matter. Euronext had earlier bid to buy all shares of Oslo Børs in a deal valuing the Norwegian market at 625 million euros.
The CME-owned post-trade derivatives services provider TriOptima announced the launch of triCalculate IM Analytics to provide insight into the options for initial margin (IM) calculation and helps firms identify in-scope counterparties.
The Options Clearing Corporation (OCC) said it plans to replace its legacy clearing system with Cinnober’s TRADExpress RealTime Clearing system.
The cryptocurrency firm Bakkt has acquired the processing systems, treasury and compliance departments of RCG from Marex Spectron, which bought RCG in January.
Euronext is attempting to take full control of its rival Oslo Bors after purchasing 45 percent of shares in December 2018, with the aim of securing a €625m takeover of the Norwegian exchange,
The Norwegian markets regulator censured Nasdaq’s commodities exchange in Oslo for supervisory failures after Einar Aas, a trader on the exchange, almost burned through the exchange’s clearinghouse default fund and required clearing member firms to plug in $113 million to cover the losses.
The electronic bond trading venue Tradeweb, owned by Refinitiv, has filed confidential paperwork for an initial public offering, according to a Bloomberg report.