Five banks fined €1bn for rigging foreign exchange market
UBS escaped a European Commission penalty after exposing the cartels.
Stock Exchange
Nasdaq announces purchase of shares in Oslo Stock Exchange
Board unanimously recommended Nasdaq’s offer
Network International to float on London Stock Exchange
The IPO will make at least 25% of its issued share capital on the LSE.
Hong Kong Exchange buys into Shenzhen fintech
HKEX looking to boost its financial markets tech capabilities.
Euronext ups Oslo Stock Exchange offer to $790m
What a saga! The battle in Norway against Nasdaq continues.
Swiss stock exchange’s blockchain bourse delays launch
SDX trading platform now coming in the second half of this year.
Thesys loses US stock exchange contract to Finra
The firm was hired to build a data warehouse for all stock-market activity.
Euronext takes on Nasdaq with $737m Oslo Stock Exchange offer
Makes lower bid but says it has support from majority of Oslo Bors shareholders.
Bison app attracts crypto trading hunters
Powered by Börse Stuttgart and designed for buying and selling.
China plots Nasdaq-style tech board
China Securities Regulatory Commission outlines its ideas.
Nasdaq outbids Euronext with $770m offer for Oslo Stock Exchange
Euronext had made a bid of $713 million.
Top fintech stories this week – 11 January 2019
Catch up on FinTech Futures’ top five fintech stories of the week – all in one place!
Bank of America and Morgan Stanley plan rival stock exchange
Nasdaq and ICE get competition as nine firms unveil MEMX.
Oslo Stock Exchange seeks rival bids to Euronext’s $713m offer
It’s quite simple – Oslo Bors wants more for an acquisition.
Crypto DX.Exchange seeks to shake up Nasdaq stock markets
Firm offers digital tokens based on Nasdaq-listed companies’ shares.
Nasdaq nets new Nigerian trading tech deal
Nigerian Stock Exchange signs on for five more years.
Singapore Exchange and regulator in cross-DLT settlement breakthrough
They have developed delivery versus payment capabilities for the settlement of tokenised assets.
First blockchain securities exchange to launch in Mauritius
Mindex, GMEX Group and HYBSE team up for new platform.
Demand Derivatives teams up with GMEX for new exchange and clearing house
GMEX also takes minority stake in Demand Derivatives.
HKEX takes no risks with Nasdaq tech
Hong Kong Exchanges and Clearing rolls out risk solution.
Ivory Coast stock exchange calls for West African start-ups
Bourse Régionale des Valeurs Mobilières’ innovation lab is open for business.
ASX blockchain system go-live delayed
Australian Stock Exchange’s system was meant to go live at end of March 2018.
Tel Aviv Stock Exchange links up with London and BSO
Israeli trading expands with better network.
ICE is Bakkt to the future for digital assets
Intercontinental Exchange forms a new company.
Euronext moves cash markets to its Optiq platform
It wants Optiq to pump up performance.
Euroclear takes stake in fixed income tech provider Algomi
Algomi focuses on banks, institutional investors, inter-dealer brokers and exchanges.
Swiss stock exchange to build digital asset trading service
SIX Digital Exchange will offer trading, settlement and custody infrastructure.
India’s stock exchange teams with Nasdaq for tech boost
Aiming to increase efficiency and effectiveness of the market.
Playing catch-up: post-trade modernisation vital for Nordic banks’ global ambitions
A key part of the Nordic banking industry is under pressure to modernise its post-trade operations tech.
South Korean crypto exchange Bithumb victim of $31m heist
Deposits and withdrawals have been subsequently stopped.
London stock market freezes for an hour due to technical issue
The issues were only temporary, but delayed trading for an hour.
BNY Mellon and Deutsche Bank launch co-developed chatbot for traders
BNY Mellon and Deutsche Bank launch chatbot for trading on the HKEX.
Deutsche Börse cuts 350 jobs to invest €270m in fintech
Interested in blockchain, big data, cloud computing, robotics and AI.
London Block Exchange adds five new coin offerings
LBX stands out in a tighter crypto-regulation environment with five new coin offerings.
UAE and China to create new “Belt and Road” exchange
It will serve as a key international capital-raising platform for Chinese firms.
Coinbase Ventures launched to support crypto start-ups
Coinbase Ventures will be providing financing to promising early stage crypto-focused companies.
Banca Generali and Saxo Bank partner for digital trading
An eight-year “exclusive partnership” to provide online trading and digital services to Italian clients.
Coinbase taken to court, twice
Cryptocurrency exchange Coinbase has landed in more hot water with two federal class action lawsuits.
Nasdaq files patent infringement lawsuit against IEX
Lawsuit aims to halt unauthorised use of proprietary electronic trading platform technology.
Japan Exchange Group goes live on Cinnober’s clearing and risk solutions
Launches new clearing system for exchange traded derivatives, based on Cinnober’s tech.
