The Foreign Exchange Working Group has published its FX Global Code, a single global code for the wholesale foreign exchange market. The timing is highly appropriate considering the buzz around bitcoin right now: LedgerX raised $11.4 million to establish a regulated bitcoin options clearing house, and FIG announced the launch of its A.I. FX platform and new digital token Compcoin.
In blockchain news R3 secured a $107 million investment from over 40 institutions. Nasdaq and Citi announced a blockchain and global banking integration, and 86 new members, including State Street and the DTCC, joined Etherium's blockchain alliance.
Morgan Stanley Investment Management raised $125 million for global impact fund, PMF Integro.
Euronext announced the acquisition of 90% of FastMatch for $153 million.
Bloomberg officially launched a trading system for Romanian Government Bonds.
Products and Services
NICE Actimize introduced Robotic Process Automation for risk and compliance.
IHS Markit launched Outreach360 MiFID II solution.
ABN Amro selected Fenergo for KYC management.
Instinet announced RQ Connect, a provider-neutral hub for MiFID II research payments.
Acuity Trading and Dow Jones introduced a news sentiment and visualization tool for traders.
Saxo Bank released a new developer portal for Open API.