TradingScreen Develops Corporate Bonds MTF

Execution management system (EMS) provider TradingScreen plans to launch Galaxy, a multilateral trading facility (MTF) for European corporate bonds, by the end of the year, according to vendor officials.

Following recommendations from the Cassiopeia Committee, a group of representatives from major European trading venues and financial firms, TradingScreen is developing Galaxy to bring transparency and efficiency to European corporate bond trading, explains Michel Croz, head of the TradeEMS

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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.

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