Commerzbank streamlines cross-asset trading with migration to Murex platform
The bank has migrated its foreign exchange, commodities, derivatives, and equities onto Murex’s MX.3 platform.
Tag: Commerzbank
Equities
In European equities size matters
Commerzbank, Deutsche Bank and Macquarie have all restructured or exited the equities market as larger institutions maintained their grip on market share.
Commerzbank outsources equities trading and research to ODDO BHF
ODDO BHF will be used by Commerzbank across its equity brokerage and equity research divisions following plans to exit the market.
Commerzbank launches FX algos on BidFX platform
Traders using the BidFX platform can now access the FX algo suite from Commerzbank directly in latest partnership.
Commerzbank exits equity trading business under major restructure plans
Under Strategy 2024, Commerzbank plans to cut 10,000 full time employees in a bid to save €1.4 billion in the next three years.
Societe Generale completes integration of Commerzbank equity and commodities business
Commerzbank agreed to sell its equity markets and commodities business to Societe Generale in July 2018, including its ETF products and asset management business.
Commerzbank, Deutsche Börse and MEAG use blockchain for settlement process
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
FX industry urged to better understand flash crashes
Panelists at Sibos in London agreed that flash crashes are more common in markets today, but the industry still lacks understanding.
Commerzbank creates new capital markets division incorporating FICC
The newly formed group is led by Roman Schmidt, who took over the FICC business at Commerzbank earlier this year.
Utility Settlement Coin gains £50m backing and moves forward with backing of banks
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.