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Automated Trader Update: Blockchain reaction - PTDL, EquiChain, KPMG and Microsoft

First Published 17th February 2017

PTDL survey predicts mainstream blockchain in 5 years, EquiChain, SETL, KPMG and Microsoft announce blockchain products, Preqin: hedge funds best start since 2013, MAS starts Data Analytics Group, January SEF Tracker online, ICE to buy TMX Atrium, Euronext Chequers service launches, Saxo introduces Banking Circle Virtual IBAN. Convergex, Cinnober, Colt, and OpenDoor announce appointments.

A survey this week by the Post Trade Distributed Ledger Group found that half of its membership expect blockchain to become mainstream within five years. Luckily there's lots of help available: EquiChain announced a prototype blockchain platform for capital markets, KPMG and Microsoft introduced new 'Blockchain Nodes' in Frankfurt and Singapore, and SETL launched a Global Engineering Centre to expand blockchain projects globally.

Industry news

Preqin said hedge funds started 2017 with gains of 1.40 per cent - the best start to a year since 2013.

Singapore's MAS set up a Data Analytics Group.

FIA's SEF Tracker for January is now available online.

ICE is to buy TMX Atrium.

Products and Services

Euronext introduced a new collateral and liquidity risk management service.

Euronext and AX Trading announced the mid-2017 scheduled launch of Europe's first 'proactive' liquidity seeking venue, and Pragma added block trading and pairs capabilities to Pragma360.

Saxo Payments launched Banking Circle Virtual IBAN, a multi-currency, multi-jurisdictional banking solution for FX & payments businesses.

Nomura Research's NRI Secure added machine learning tech to NeoSOC.

People in the news

Convergex appointed Robin Strong as MD.

Cinnober named Citi's Patrick Tessier as COO.

Andrew Housden joined Colt as VP of Capital Markets.

OpenDoor Trading appointed former US Treasury official Darcy Bradbury to its Board of Directors; and Debbie Matz, former Board Chairman of NCUA, to its Advisory Board.