smartTrade Technologies, an independent software provider for multi-product private exchanges, has launched a new version of smartTrade 2.5, a platform used by banks to develop multi-product private trading platforms. smartTrade 2.5 allow banks to controlled the distribution and business rules of – as well as access to – the trading platform. The firm said the new release extended smartTrade’s product coverage to include most assets classes traded in fixed income market, foreign exchange market, money market and equity markets. smartTrade 2.5 replicates the negotiation process that currently occurs between traders, sales and clients over the phone or in a physical exchange: any user can place orders and broadcast their trading interests to a group of selected counterparts.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.