The Federal Court has declared Westpac Banking Corporation (Westpac) engaged in unconscionable conduct in October 2016 when executing a $12 billion interest rate swap transaction, the largest of its kind in Australian financial market history.
Colt Technology Services, the digital infrastructure company, today announced the successful completion of a three-month Proof of Concept utilizing Singapore Exchange (SGX Group)'s Derivatives data, showcasing how Market Data in the Cloud, Colt's groundbreaking Multicast Raw Market data distribution service for Capital Markets, is unlocking the full benefits of cloud migration in one of Asia's most important capital markets.
TrueLayer, Europe's leading open banking payments network, today announced that online trading platform Tiger Brokers UK Ltd is now using TrueLayer's Signup+ product to streamline customer onboarding and funding.
LTX, a subsidiary of global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that it has been awarded four new patents on its fixed income trading innovations of bond similarity technology, dealer selection score technology, liquidity aggregation technology, and RFQ+ trading protocol.
Innovate Finance held an event this week to launch their ‘Capital Investment in UK FinTech in 2023: Insights and Trends' report, ahead of their Global Summit in London in April.
The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, today announces the 2024 priorities for the exchange and clearing industry.
The Commodity Futures Trading Commission's Divisions of Market Oversight, Clearing and Risk, Market Participants, and Data and the Office of Technology Innovation today issued a request for comment (RFC) to better inform them on the current and potential uses and risks of artificial intelligence (AI) in the derivatives markets the CFTC regulates.
Specialist technology consultancy Lab49, an ION company, and interop.io, the leading interoperability provider for the finance industry, have announced a new joint implementation partnership to modernize the trading desktop user experience for traders, portfolio managers, risk managers, and other financial professionals.