Fintech, broker and asset management company Darwinex has raised EUR3 million to pursue its ambitious growth aspirations.
Trading & Execution
Enhancing the productivity and efficiency of its trading and portfolio management solution for its asset management clients globally, Broadridge Financial Solutions is to utilise OpenFin’s operating system for financial desktops.
Exegy Incorporated, a specialist in low-latency solutions for global market data, predictive trading signals, and hardware-acceleration technology, and Vela Trading Systems (Vela), a provider of data and execution technology for global multi-asset electronic trading, have merged business operations in an agreement backed by Marlin Equity Partners, a global investment firm with over USD7.5 billion of capital commitments under management.
McKay Brothers International (MBI), a specialist in lowest latency wireless telecommunications networks, is now offering private bandwidth between Aurora, Illinois and major exchanges in Asia.
Nordic Capital has agreed to sell Itiviti, a provider of trading technology and services to financial institutions, to Broadridge Financial Solutions, in a deal valued at EUR2.143 billion.
JP Jenkins, an established UK trading platform for private companies, has launched a new online trading platform JPJ Direct.
Quantile Technologies (Quantile), a provider of portfolio optimisation services for the global financial services market, has secured a USD51 million (GBP38 million) minority investment from Spectrum Equity, a growth equity firm focused on internet-enabled software and information services companies.
Equity derivatives clearing specialist OCC has announced a September 2020 total cleared contract volume of 670,994,045 contracts, bringing total cleared contract volume to-date to 5,453,292,830 for 2020 and surpassing the annual volume record for the US. exchange-listed options industry.
IntegriDATA, a FinTech software vendor, has launched Wire Chains, a revolutionary new feature that expedites dependent wire processing for its CashWire Payment System (CashWire).
TORA, the provider of a front-to-back cloud-based order and execution management system (OEMS), has released its new FX auto-hedging function for equity pairs trading.