TechTaffy

tech:

taffy

Bloomberg Launches Chat-Based Platform For FX Traders

By TechTaffy Desk

Bloomberg has launched Instant Bloomberg (IB) Dealing, a chat-based platform for FX traders. IB Dealing is already being used by more than 100 global banks across 46 countries for trade negotiation, execution and straight-through processing (STP), says the company.      

Tod Van Name (Global Head of FX, Economics and Commodities, Bloomberg): IB Dealing – which has been developed in collaboration with FX traders – provides the global FX community with the capabilities they need to negotiate transactions, electronically execute and report trades using one, integrated platform.

IB Dealing, used to negotiate and confirm spot, outright, non-deliverable forwards (NDFs), deposits and option transactions, is integrated with Bloomberg’s instant message capabilities and multi-bank trading platform, FXGO.   

All subscribers to the Bloomberg Professional service can access IB Dealing by typing IBD<GO>.

Just in

Series A

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.
Around the web

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 
Fundings

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.
Around the web

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 
IT

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.