The platform standardises and centralises post-trade processes, reducing risk and improving efficiency and liquidity across the global market for foreign exchange market participants
The rule amendments, under the Investment Advisers Act of 1940, would require advisers to satisfy specific due diligence elements before retaining a service provider that will perform certain advisory services or functions
Digital brokerage service Avenue Securities has selected trading technology solutions provider Sterling Trading Tech to support Brazilian investors trading in US markets
Brazilian independent fund administrator REAG Investimentos has selected open banking platform Temenos Multifonds to cover the complete fund administration lifecycle of its investment funds
Cybersecurity software and solutions provider Drawbridge has appointed William Haney as CEO and a member of its board of directors. Company founder Jason Elmer will become president
The UK Competition and Markets Authority has given the green light to London Stock Exchange Group’s proposed purchase of Quantile, which was first announced in December 2021 for an estimated £270 million
Citi will launch money market fund distribution services to institutional clients in China to help multinational and local corporations in the country to better manage cash amid volatile global markets
