GCEX Partners with DV Chain to Enhance Crypto Liquidity Offering for Institutional Clients

GCEX Group, the regulated digital brokerage that provides institutional and professional clients with deep liquidity in CFDs on digital assets and FX, as well as spot trading and conversion of digital assets, has partnered with DV Chain, the cryptocurrency liquidity provider, to enhance its services for institutional clients.

By leveraging DV Chain’s crypto liquidity, GCEX aims to provide GCEX’s institutional clients with tighter spreads and reduced execution costs. The enhanced brokerage services for spot cryptocurrency transactions will be accessible through GCEX’s XplorSpot platform or via API, facilitating the adoption of digital assets by institutions and professional traders.

Bloomberg Unveils Integration of Alternative Data with Traditional Enterprise Content

Bloomberg has made its Bloomberg Second Measure (BSM) transaction data analytics feeds available via Bloomberg Data License for the first time. The integration allows data professionals and quantitative researchers to connect BSM’s alternative dataset with Bloomberg’s traditional data, offering early insights into consumer company performance with a three-day lag. Powered by over 20 million U.S. consumers’ credit and debit card transactions, BSM covers over 3,000 companies and 4,000 brands.

The move is part of Bloomberg’s strategy to enhance data solutions for quantitative customers. The BSM data feeds, essential to the ALTD <GO> function on the Bloomberg Terminal, further Bloomberg’s effort to integrate alternative data with traditional market information, providing extensive insights and integration capabilities for diverse datasets.

Commerzbank Completes Strategic Migration to Murex’s MX.3 Platform

Commerzbank has successfully completed a strategic migration and simplification of its global FX, FX derivatives, equities, and commodities operations using Murex’s integrated MX.3 platform. This initiative streamlines trading and risk management processes, supporting Commerzbank’s goals of business expansion, consolidation, and digitalisation.

The project saw collaboration from Murex, TeamTek, and Infosys. TeamTek, a Bounteous x Accolite company, contributed significantly to the equity migration project, focusing on testing automation and end-to-end delivery. Infosys provided comprehensive services including development, integration, testing, and migration support. Representatives from all four companies praised the teamwork that drove the successful implementation, with Commerzbank set to leverage MX.3 for future strategic objectives.

Wall Street Horizon Adds TMX Canadian Stock Coverage to Corporate Event Dataset

Wall Street Horizon, a provider of global corporate event data, has expanded its data coverage to include all common stocks traded on Toronto Stock Exchange and TSX Venture Exchange. This increases its data universe by 15%, totalling over 11,000 publicly traded companies worldwide.

Wall Street Horizon, a TMX company, offers more than 40 corporate event types including flagship earnings and dividend calendars. The extended event data coverage features small/medium cap equities and provides insight to parts of the market that previously received little exposure.

“Full TMX Canadian stock coverage for highly accurate corporate event data is essential for our buy-side clients to monitor their comprehensive watchlists, which include midcap and microcap stocks,” says Dominic Dowd, vice president, TMX Datalinx Product, Strategy & Analytics. “In a similar vein, we are actively reviewing client driven opportunities to expand our global event coverage in additional markets such as London, Hong Kong and India.”

APEX Group Renews Partnership with NeoXam

Apex Group, a global financial services provider, has renewed its partnership with NeoXam covering use of the vendor’s portfolio management solution. Apex will continue deploying NeoXam’s technology within its South African offices, underlining its value proposition as an asset servicer in the region. NeoXam will power Apex’s data infrastructure from its local office in Cape Town.

Jon Hugill, global head of open-ended product at Apex Group, says: “NeoXam’s portfolio management solution has enabled us to provide our clients with a seamless service. In addition, the company’s front-office solutions in particular have enabled us to offer an exceptional service in South Africa, a region in which we hope to expand our presence considerably over the coming months.”

ACCX Group Secures FCA Licence for Crypto Derivatives Marketplace

ACCX Group (UK) Limited, the digital asset exchange group, has achieved a significant milestone by obtaining a licence from the UK’s Financial Conduct Authority (FCA) for a regulated and centrally cleared derivatives marketplace. The platform is designed to offer financial institutions cash-settled futures and options based on a robust benchmark index of cryptocurrencies, in order to gain exposure or hedge risk more efficiently in a secure and liquid environment.

Authorised to operate a Multilateral Trading Facility (MTF) for crypto derivatives, ACCX aims to transform the industry by providing a secure and compliant environment for the trading and centralised clearing of such instruments.

QuantArea Selects Bloomberg’s BQuant Enterprise Platform to Enhance Investment Strategy Development

QuantArea, a Swiss “Quant as a Service” firm, has chosen Bloomberg’s BQuant Enterprise Platform to enhance its research and development of systematic, rule-based, and bespoke investment strategies. The partnership aims to leverage QuantArea’s extensive expertise in creating tailored equity investment solutions for institutional clients such as banks, insurance companies, and pension funds.

Using BQuant Enterprise, QuantArea will access a wider array of data and expedite the development of new model portfolios, allowing clients to launch distinctive investment products more efficiently. The platform’s capabilities include security selection, filtering, optimisation, backtesting, and simulation, which streamline product development and lifecycle management. BQuant Enterprise, a cloud-based analytics platform, offers comprehensive financial datasets and a flexible Python environment for sophisticated quant model development.

Genesis Global and Inovotek Solutions Partner to Boost Financial Markets Software Innovation

Genesis Global has announced a partnership with IT consultancy and Murex integration specialist Inovotek Solutions to accelerate software innovation in the financial markets industry. Leveraging the Genesis Application Platform and Inovotek’s team of over 60 consultants and developers, the collaboration aims to rapidly deliver new software solutions for trading, treasury, risk, compliance, and other financial technologies.

The partnership is designed to enhance clients’ competitive edge by improving profitability, reducing project delivery times, and lowering costs. Through the partnership, Inovotek will access the Genesis Academy and dedicated developer support programs, facilitating the effective use of the Genesis platform, which integrates a low-code framework, prebuilt components, and AI-driven tools, enabling financial firms to efficiently build or upgrade applications for high-performance transaction processing, event-driven workflows, and real-time data integrations.

LIST’s FastTrade System Achieves Certification for Luxembourg Stock Exchange Connectivity

LIST, an ION company, has successfully completed the certification process for connecting its FastTrade electronic trading system to the Luxembourg Stock Exchange (LuxSE). This follows the successful migration of LIST’s Borsa Italiana clients to Euronext’s Optiq technology earlier this year.

By activating a new certified adapter in FastTrade, LIST will enable its clients to seamlessly access all products listed on LuxSE across all asset classes for functionalities such as trading, execution, and liquidity provision.

Xceptor Makes Data Automation Platform Available in Microsoft Azure Marketplace

Xceptor has announced the availability of its Data Automation Platform for financial markets in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure.

“The collaboration with Microsoft to make the Xceptor platform available on the Azure Marketplace brings us closer to our clients as well as organisations that seek convenient, accessible tools to manage their data management and automation needs. This simplifies the purchasing process and expedites onboarding, allowing clients to focus on what matters and realise benefits quickly,” says Dan Reid, chief technology officer at Xceptor.