Trading Platforms

New York-based TrueEX, an electronic execution platform for the global interest rate swaps (IRS) market, has sealed $9.21m in venture financing to support its future growth.

Share trading app Robinhood suffered a massive backlash in March when it suffered two major service outages just as COVID-19 was wreaking havoc on the markets. Now some users complain that it has happened again.

Change, a cryptocurrency investing platform for retail investors, has closed a $4.5m crowdfund from 50 private investors at a $214m valuation.

As new technologies and digitalisation continue to change the way wealth managers operate, it’s more essential now than ever to understand the changing needs and requirements of clients and capitalise on client-centricity and digitally-enabled interaction channels.

Saudi Arabia’s only financial payments company Saudi Payments (SP) has introduced ‘sarie’ – an instant payments system – in collaboration with IBM and Mastercard.

Stable, which stylises itself as the home of hedging for the agricultural commodity industry, has scored $60m in its Series B funding round.

Electronic trading platform AX Trading Network has raised $20m in a round of venture funding. The investors and terms of the deal are undisclosed.

The FIX Trading Community ('FIX'), an industry-driven standards body dedicated to streamlining securities transactions, announced the launch of innovative new message types on 20 September 2023.

AGM Group Holdings, a trading platform developer for financial institutions, has closed its IPO on $6.53m.

Mastercard is partnering with Coinbase to allow people to purchase non fungible tokens (NFTs) with their debit and credit cards.