The Commodity Futures Trading Commission has issued an order “simultaneously filing and settling” charges against UBS AG for “failing to retain certain audio recordings for the time required under CFTC regulations.” Rather than retaining the recordings of more than 1,000 hours of audio data — including voice recording files that were required by CFTC regulations… Read More >>
Rabobank, D&H Complete Blockchain Proof-of-Concept Project
The Project’s Success Bodes Well for Other DLT Applications DH Corp., a provider of technology solutions to financial institutions globally, and Dutch bank Rabobank announced that they have successfully completed a proof of concept for blockchain/distributed ledger technology (DLT) that supports D+H’s payments services hub, and paves the way for other applications of DLT…. Read More >>
Tullett Prebon to Buy Creditex Voice Brokerage
The Intercontinental Exchange (ICE), owner of the New York Stock Exchange (NYSE), is selling the hybrid, U.S. voice-broking business operations of Creditex to London-based interdealer broker Tullett Prebon, which recently agreed to acquire similar businesses from competitor ICAP. Officials at ICE say they will retain the electronically traded markets and systems, post-trade connectivity platforms and intellectual property… Read More >>
GreenKey and Symphony to Test App for Capturing Voice Quotes
Symphony to Integrate Greenkey App into Messaging Startup GreenKey, creator of “an extremely thin web application” for voice-based collaboration among financial services firms, is releasing a pilot version of a “voice quote capture” application. It will be available for enterprise clients of messaging vendor Symphony Communication Services for a pilot test, say officials from both… Read More >>
Etrali Appoints Two Managing Directors
Etrali Trading Solutions, a communication and turret services integrator for trading, has named Brad Gorton managing director of the United Kingdom and Ireland and Paul Klebinder managing director of France and Italy. Both men report directly to CEO Lionel Grosclaude. The new appointments are meant to “to showcase global growth and support expansion plans across… Read More >>
