This Week: SGX/Trumid/Hillhouse, Northern Trust/IHS Markit, LME, Six, and more

A summary of some of the past week’s financial technology news.

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SGX, Trumid, and Hillhouse Capital to launch a new bond trading platform

Trumid, Singapore Exchange (SGX), and Hillhouse Capital have formed a joint venture, XinTru, to launch and operate Trumid XT, a new Asian bond trading platform.

The partnership leverages Trumid’s technology and fixed income expertise, SGX’s experience in Asian financial market infrastructure and electronic trading, and Hillhouse’s network in Asia and the financial services sector.

Trumid XT will enhance international

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DORA stalls over identifier dispute

A disagreement over how to classify third-party tech providers on a reporting form known as the “register of information” has held up preparations for the highly anticipated operational resiliency rule in Europe.

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