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As had been expected, Raymond Killian was officially named Investment Technology Group's president and chief executive officer. In the aftermath of last month's death from cancer of his long-time colleague, Scott Mason, Killian is returning to the posts he held until January 1997. It was nearly two years ago that Mason had taken over the president and CEO jobs from Killian when the latter had been planning to retire. Since then, Killian has been chairman of ITG, the parent company of the Posit

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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