Nasdaq Ventures invests in One Trading
Nasdaq Ventures has made a strategic investment in European derivatives and digital assets exchange One Trading.
In addition, US exchange operator Nasdaq and One Trading will “explore” opportunities around next-generation derivatives infrastructure, including 24/7 trading of equity futures.
Founded by former JP Morgan fintech executive Josh Barraclough, One Trading counts Standard Chartered among its other investors and operates a MiFID II-regulated Organised Trading Facility.
Its unified deterministic trading, risk and settlement platform is designed to support cross-collateral netting, continuous settlement, and auto-liquidations at scale. The platform promises features associated with digital asset markets, including 24/7 trading and auto-liquidations, with the protections and transparency of a regulated European trading venue.
Gary Offner, global head, Nasdaq Ventures, says: “At Nasdaq Ventures, we look for teams building disruptive technologies that are uniquely positioned to expand liquidity and transparency while addressing market participants’ needs — advancing the modernization of capital markets.
“One Trading has developed a differentiated approach to integrating trading, risk management and settlement, and we believe the company is well positioned to play an important role in the evolution of derivatives markets.”
Soruce: https://www.finextra.com/newsarticle/48553/nasdaq-ventures-invests-in-one-trading
