News Nuggets | 14 September: BMLL Gains New Investment; CQG's Trading Platform

<p dir="ltr">Societe Generale Expands Products on Spectrum Markets</p><p dir="ltr"><a href="https://www.financemagnates.com/tag/spectrum-markets/">Spectrum Markets</a>, the IG-owned pan-European exchange for securitized derivatives, announced that Societe Generale is expanding the geographical availability of some of its products to Italy. These products include daily constant leverage products and vanilla warrant products.</p><p dir="ltr">“We’re very pleased to see Societe Generale expanding the scope of its relationship with Spectrum so soon after listing its first products with us,” said Nicky Maan, the CEO at Spectrum Markets.</p><p dir="ltr">“The firm is well known for its pioneering approach within the industry, and we look forward to continuing to work together on delivering our shared goal of providing European retail investors an innovative, accessible, safe, and transparent financial market experience.”</p><p dir="ltr">BMLL Secures New Investments</p><p dir="ltr">BMLL, a provider of Level 3 data and analytics for the equities and futures markets, has secured fresh investments from Snowflake Ventures. The two also partnered to deliver granular data and analytics to market participants globally.</p><p dir="ltr">Last October, BMLL closed its <a href="https://www.financemagnates.com/fintech/bmll-secures-26-million-in-series-b-funding-round/">Series B funding round</a>, securing $26 million from Nasdaq Ventures, FactSet and IQ Capital.</p><p dir="ltr">“We are very excited to have secured strategic investment from Snowflake Ventures,” said Paul Humphrey, the CEO of BMLL. “They are backing, and are aligned with, our mission to democratize access to high quality, large-scale historical data because BMLL’s data and analytics is one of the best use-cases for large-scale, financial market data in the cloud.”</p><p dir="ltr">Playtech Enhances ID Verification</p><p dir="ltr"><a href="https://www.financemagnates.com/tag/playtech/">Playtech</a>, a London-listed technology provider to the online gambling industry, has scaled up the player onboarding process in its latest partnership with the digital ID verification company, IDVerse.</p><p dir="ltr">“This partnership enables Playtech operators to utilize a cutting-edge ID verification (IDV) solution that eliminates the need for manual authentication of ID documents worldwide,” said Fiona Davies, the Head of Gaming at IDVerse. “Our document ID coverage is the most robust on the market today due to the proprietary way in which our neural networks review identity documents.”</p><p dir="ltr">PT RHB Taps Horizon Platform</p><p dir="ltr"><a href="https://www.financemagnates.com/institutional-forex/horizon-updates-its-extend-platform-focuses-on-trading-as-a-service-offering/">Horizon Software</a>, a provider of electronic trading solutions and algorithmic technology, has partnered with Indonesia’s PT RHB Sekuritas. Through this partnership, Horizon’s Platform for Warrants Market Making is now connected to the Indonesia Stock Exchange, allowing investors to trade with RHB Sekuritas.</p><p dir="ltr">“As part of our efforts to scale the structured warrant business in Indonesia, Horizon’s Platform for Warrants Market Making provides our investors live warrant pricing that instantly reflects the underlying share price movement and automates the pricing and quotation of structured warrants listed by RHB Sekuritas,” said Kenneth Zhao, the Head of Equity Derivatives at RHB Sekuritas.</p><p dir="ltr">“Our clients can now take advantage of the warrants movement even at a quick dip or a brief rebound and conveniently trade RHB Sekuritas-listed warrants in their daily market-making activities.”</p><p dir="ltr">CQG Adds New Features to Trading Platforms</p><p dir="ltr"><a href="https://www.financemagnates.com/tag/cqg/">CQG</a>, a provider of trading platforms to brokers, has released a new version of its CQG One and CQG Desktop, adding some new features, along with a few bug fixes. It has appended bid/ask profile histograms to DOMTrader/HOT, as well as exchange and expiration date columns to the Fills widget.</p><p dir="ltr">Additionally, it has improved the confirmation when creating an alert. CGG further added PBO notification options with symbol color for expiration warnings, support for importing .xlsx files, and comments to the Hedge Account Balances Details widget.</p>

This article was written by Finance Magnates Staff at www.financemagnates.com.