In the Press

November 8, 2021: Provable Markets enhances its advisory board with appointment of financial services pioneer Caroline O'Connell

Provable Markets is honored to formally welcome Caroline O'Connell to its advisory board. O'Connell joins the Provable team at a pivotal time in the company's growth, bringing with her over 20 years of executive experience in public Fortune 500 global companies across the financial services, wealth management, and insurance industries. Her appointment complements the existing advisory team—which comprises leading academics and successful entrepreneurs with expertise in the fields of computer science, mechanism design, networking, and cryptography—strengthening the company's access to unparalleled advice and insight at the intersection of finance and technology.....

November 3, 2021: Provable Markets achieves significant milestone with approval of FINRA broker-dealer application

Provable Markets is proud to announce its acceptance as a new member broker-dealer of the Financial Industry Regulatory Authority (FINRA). Under the terms of its new member agreement, among other business lines, Provable Markets received permission to operate its alternative trading system (ATS), Aurora. The Firm has since promptly filed Form ATS with the Securities and Exchange Commission (SEC), which is the last regulatory approval required before going live....

October 14, 2021: Provable Markets seeks to tackle information leakage

The long-term goal of the Provable companies is to “be the financial equivalent of the S in HTTPS,” according to Cohen. “Nobody in their right mind trusts web transactions unless they are encrypted. We envision a similar paradigm shift in finance: the application of powerful cryptographic techniques such as secrecy-preserving computation increases trust and removes friction, while efficiently supporting and enhancing the full range of complex functions in the market.” ....

August 23, 2021: Halima Butt joins Provable Markets executive team as Head of Strategy and Sales

Provable Markets is happy to report the addition of Halima Butt as Head of Strategy and Sales. In this role, Halima will be primarily responsible for the strategic and commercial direction of the Firm, in addition to assisting with operational oversight of the New York based FinTech. Halima joins Provable Markets as the Firm nears go live (pending regulatory approval) of its ATS, Aurora....

June 30, 2021: Provable Markets Partners with DTCC on their Forthcoming SFT Clearing Service

Provable Markets LLC (Provable Markets) is proud to announce its role as an Approved SFT Submitter for The Depository Trust & Clearing Corporation’s (DTCC) proposed Securities Financing Transactions (SFT) Clearing Service (SFT Clearing Service), set to launch in the third quarter of 2021, subject to regulatory approval. The proposed SFT Clearing Service, which supports central clearing and settlement services for overnight borrows and loans of equity securities, will be offered by National Securities Clearing Corporation (NSCC), the equity clearing subsidiary of DTCC....

Provable Markets LLC is a Member of FINRA and SIPC. Aurora is registered as an ATS with the SEC.