Crypto Facilities to Provide Calculations for New Services CME Group, the derivatives marketplace, and Crypto Facilities Ltd, a cryptocurrency trading platform, report the launch of the CME CF Ether-Dollar Reference Rate, which will provide a daily benchmark price in U.S. dollars at 4 pm London time, and CME CF Ether-Dollar Real Time Index, which will… Read More >>
FTF Awards Q&A: NRI Expands Into North America
(Editor’s note: Nomura Research Institute (NRI) won two honors in the 2017 FTF News Technology Innovation Awards competition: Best Clearing and Settlement Solution and Best New Post-Trade Solution. Unlike other industry awards events, the annual FTF Awards winners are chosen by a majority of qualified voters who are industry participants. FTF News reached out to… Read More >>
FTF Announces 2017 Award Winners
Financial Technologies Forum (FTF) has just announced the winners in its awards competition for post-trade securities operations, which turned out to include a nod to the emerging technology of blockchain/distributed ledger technology (DLT). Approved industry participants and a not a panel of judges selected the winners for the 2017 FTF News Technology Innovation Awards, reports… Read More >>
CFTC Blesses DTCC-SWIFT LEI Utility for Another Year
CFTC Hopes Global LEI System to Be More Operational in a Year The legal entity identifier (LEI) utility operated by the DTCC and SWIFT can continue for another year in the hope that the global LEI system will become fully operational in that time, according to the CFTC, which just issued an order extending the… Read More >>
CME to Offer CCP Services in Europe
CME to Offer Clearing for Global Firms The Chicago Mercantile Exchange Inc. (CME) has gotten the approval of the European Securities and Markets Authority (ESMA) to operate in the European Union as central counterparty clearinghouse (CCP). The notice came as part of an ongoing update of approved CCPs based in third countries, according to ESMA… Read More >>
Mongolian Bank Deploys NRI’s Custodian System
Nomura Research Institute (NRI), a consulting services and system solutions vendor, reports that Golomt Bank of Mongolia has gone live with NRI’s custody solution, which will help the bank establish its custodian services, officials say. Golomt Bank, which has been introducing initiatives to accelerate development in the region’s financial sector, is the first custodian bank… Read More >>