Stratos Group – a wholly owned subsidiary of Jefferies – unveiled its new multi-asset trading platform, Tradu, set to launch in December. According to a story in The Trade news, the aim of the platform is to streamline multi-asset trading, reducing the number of accounts and apps used across asset classes by “providing clients with an intuitive and advanced platform with a superior trading experience across each of the tradable markets, all from one portal that can be accessed via a mobile app and web platforms”. The offering is aimed at active traders and investors and offers...
Triodos Investment Management to Expand Relationship with Bloomberg
Triodos Investment Management has selected Bloomberg’s AIM and PORT Enterprise solutions in a bid to support its front-office workflows, according to a story in The Trade news. Through the adoptions, Triodos is set to benefit from enhanced pre-trade compliance and data consistency across its consolidated front-office processes. In addition, the business has confirmed the potential for the future addition of a dedicated trading desk workflow. In addition, the tools allow for ESG data integration across the investment process, which Triodos asserted aligns with its stated commitment to...
HSBC Goes Live on Broadridge’s Distributed Ledger Repo Platform
HSBC is the latest client to go live on Broadridge Financial Solutions’ newly launched repo solution, built on its distributed ledger (DLT) enabled repo platform. It is the second entity to go live since the sponsored repo solution’s launch in early October. According to a story in The Trade news, users are set to see significant reduction in settlement costs, as well as streamlined processes and enhanced operational efficiency and scalability. John Farrell, Americas head of markets operations at HSBC, said: “Digitising our existing sponsored repo trade flow and seamlessly integrating...
Cboe Digital to Launch New Bitcoin and Ether Futures
Cboe Digital is set to expand its instrument universe with new margined Bitcoin and Ether futures, due to launch next January. According to a story in The Trade news, Cboe Digital is the first US regulated crypto native combined exchange and clearinghouse that enables spot and leveraged derivatives trading on a single platform. The launch of the new futures is supported by both traditional and crypto market participants including B2C2, BlockFills, CQG, Cumberland DRW, Jump Trading Group, Marex, StoneX Financial, Talos, tastytrade, Trading Technologies and Wedbush. The new instruments will...
Instinet Launches BlockCross in Japan
Instinet, the agency broker owned by Nomura, has launched its conditional order management platform, BlockCross, in Japan adding to its expansion in Asia this year. BlockCross has connected to NX, Nomura’s dark pool in Japan. Gael Vasseur, Head, Global Execution Services, Japan at Nomura, said in a story in MarketsMedia that the bank has been the number one broker in Japan for many years, with a large franchise allowing it to reach and connect with various types of investors including institutions, corporates, and retail. “NX is the largest Japanese dark pool which adds...
FIF Year-End Event at Société Générale
FIF is excited to announce our 2023 year-end event, sponsored by Société Générale. After opening remarks from Greg Zielinski, the Chief Operating Officer of Société Générale Americas, there will be two panels. One panel will focus on technology, specifically trading and market data in the cloud and hybrid; the other panel will focus on implementation challenges of new regulations in 2024 and beyond. FIF Advisory Chair, Tom Jordan, will moderate both panels. The participants for the technology panel will be Brian Pomraning of Exegy, Anand Pradhan of the NYSE, and Prerak Sanghvi of Clear...
CAT Working Group Calls for this Week
Because of the Thanksgiving holiday, FIF has rescheduled this week’s CAT Transaction Reporting Working Group call to Monday November 20 at 2:30 pm ET and is cancelling the CAIS Working Group call for this week.
Clock Synchronization Requirements for Debt Securities
FIF has scheduled a call for Tuesday November 21 at 10:30 am to discuss implementing clock synchronization requirements for debt securities based on FINRA Rule 4590, Supplementary Material .02. If you would like to participate in this discussion and are not already included in this subgroup, please send a note to This email address is being protected from spambots. You need JavaScript enabled to view it..
Front Office Committee
The Front Office Committee will have its next call on Tuesday November 21 at 11 am ET to review applicable updates and notices from the SEC, FINRA, FINRA CAT and the equity and option exchanges.