Search results for NEXTRADE
Finance
Macquarie Securities becomes first foreign broker to join NEXTRADE
Macquarie Securities will join NEXTRADE as its first foreign securities firm member. NEXTRADE said on Tuesday it approved Macquarie Securities\' membership, bringing the total number of member brokers to 34. Macquarie Securities plans to participate first in NEXTRADE\'s pre-market and after-market in the third quarter, then complete preparations for smart order routing by the fourth quarter to join the main market.
AI & Enterprise
Unnet holds AI strategy seminar based on Tarantula Lakehouse, unveils vector DB
Unnet held a seminar in Seoul on March 19 on its Tarantula AI data platform strategy and introduced a financial-sector case for building a Tarantula Lakehouse. The event mainly covered Nextrade, a financial data company based on Korea’s first alternative trading system. Nextrade processes average daily trading of about 15 trillion won, with volume reaching 59 trillion won at times, generating about 120 GB of data a day and 30 to 40 TB annually. Unnet also unveiled its Tarantula AI vector database.
Finance
Shinhan Investment signs MOU with NXT and seven fractional investment firms
Shinhan Investment & Securities said on Wednesday it signed an MOU with Nextrade and seven fractional investment firms as the Nextrade (NXT) consortium secured preliminary approval for an over-the-counter fractional investment exchange. The agreement aims to build a value chain covering issuance, distribution and settlement for a planned distribution market. The nine participating companies also plan joint reviews of business models, responses to legal and institutional changes, and joint promotion.
