IBM launches blockchain record-keeping platform

July 15, 2016 10:16 AM

International Business Machines (IBM) launched a blockchain record-keeping platform to be used in supply chains.

Deutsche Börse-London Stock Exchange (DB1-LSE): 53% of DB1 shareholders have approved deal so far. The deal requires 60% approval.

DB1-LSE: Bundesbank board member Andreas Dombret suggested that a takeover of LSE by DB1 would give Frankfurt the opportunity to capture the business of clearing euro-denominated swaps.

DB1-LSE: Portugal’s Finance Minister Mário Centeno expressed concerns about the deal to European antitrust authorities.

Industrial & Commerical Abatement Program-Tullett Prebon PLC (ICAP-TLPR): U.S. Dow Jones said the restructuring of the $1.5 billion transaction between Tullett Prebon and ICAP addresses concerns that the transaction would violate Section 8 of the Clayton Act by creating an interlocking directorate. The revised agreement will provide that ICAP will not own any part of Tullett Prebon after the transaction and will have no right to nominate a member of Tullett Prebon’s board of directors.

Citadel added voice trading in European interest rate swaps.

BM&A: Mauricio Macri, President of Argentina, said the country needs to have capital markets at the international standards and that creation of B&MA is a “great tool”. Mercado de Valores de Buenos Aires and Bolsa de Comercio de Buenos Aires agreed to form B&MA, Argentina’s vertically integrated cash and derivatives exchange, subject to shareholder and regulatory approvals.

Hong Kong Exchanges and Clearing Ltd. (HKEx): London Metals Exchange (LME) would freeze warehouse charges for five years, according to FT.

Intercontinental Exchange (ICE) Futures Europe appointed Stuart Williams as COO. He was previously director of corporate development.

Nasdaq (NDAQ) Corporate Solutions business has launched Nasdaq Influencers, a proprietary algorithm that help communications and marketing professionals to identify the people and conversations that are shaping their industry in order to uncover new opportunities for content distribution and campaign awareness.

Sinapore Exchange (SGX) halt stock trading at 11:38 a.m. because of a technical glitch malfunction and executions didn’t restart for day.

SETL, the London based institutional payment and settlement infrastructure based on blockchain technology, completed its first round of private fundraising.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at