Articles by Marina Daras
LME to Launch Low-Latency Network with Colt
The London Metal Exchange (LME) is set to launch LMEnet, a low-latency network that connects market participants with the exchange’s electronic systems, including LME Clear.
CFTC's Commissioner O'Malia to Resign Next Month
US Commodity Futures Trading Commission (CFTC) commissioner, Scott O'Malia, has announced in a letter addressed to President Barack Obama that he will resign next month.
Liquidnet Hires Laible as Head of Global Performance
Liquidnet has announced the appointment of Rob Laible as head of its global performance team.
Bloomberg Acquires RTS RealTime Systems
Bloomberg has acquired low-latency connectivity and trading support provider RTS RealTime Systems to expand its exchange connectivity through RTS’ existing global network of datacenters.
BNP Paribas Opens Reporting Tool to Agency Lending Clients
BNP Paribas Securities Services has announced that its agency lending clients can now access its interactive reporting solution, Data Navigation Analysis (DNA), and gain better oversight and control over their lending activities.
MarkitSERV Connects to KRX for Swaps Clearing
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Horizon Software to Launch Chinese Options Trading System
Horizon Software, a Paris-based provider of front-end trading software, is planning the launch of an options trading system for the Chinese market, set to launch in the fourth quarter of 2014.
IEX Mulls Public Exchange Options
IEX, the start-up trading venue founded by former RBC trader, Brad Katsuyama, wants to institutionalize fairness and curb predatory trading by eliminating the speed advantage that high-frequency trading (HFT) firms have over smaller institutional…
New Clients Join BATS Chi-X Europe Reporting Service
BATS Chi-X Europe has announced that four new participants have joined BXTR, its recently-launched suite of on- and off-exchange trade reporting service.
Aréas Assurances Selects Linedata Chorus For Fund Management
Aréas Assurances, a French independent group made up of mutual insurance companies, has selected Linedata fund accounting and administration software solution, Linedata Chorus.
Clear Peak Capital Chooses IMS From Cymba Tech
Clear Peak Capital, the investment management arm of Clear Peak Capital Master Fund, has selected Cymba Technologies’ Investment Management Solution (IMS), Athena, to support its portfolio and order management, pre- and post-trade compliance, as well as…
BlueBay AM Taps Confluence for Regulatory Reporting
Blue Bay Asset Management has selected Confluence's Unity NXT regulatory reporting suite of solutions to comply with a raft of upcoming regulations currently affecting the buy side, such as the Alternative Investment Fund Managers Directive (AIFMD)
Ingage Signs Four Asset Managers
Ingage, a new IT platform that aims to connect companies and investors directly to ease corporate access restrictions, has announced that Newton Investment Management, Majedie Asset Management, Pelham Capital and Union Bancaire Privee have joined the…
A Collateral Opportunity?
Since the failure of Lehman Brothers in September 2008, the spotlight has settled on buy-side and sell-side firms’ collateral management disciplines. Risk mitigation, protection of assets, measuring counterparty exposure, and secured funding are some of…
Gilbert Dupont Connects to Turquoise via SunGard Valdi
Société de bourse Gilbert Dupont, the brokerage arm of Crédit du Nord, owned by French financial services group Société Générale, has connected to Turquoise, the multilateral trading facility (MTF) operated by the London Stock Exchange (LSE), using…
Thomson Reuters Gives Access to CME Direct in Eikon
Thomson Reuters has announced that its flagship product, Thomson Reuters Eikon, will provide access to CME Direct, CME Group’s front-end trading platform for commodity futures, option and over-the-counter (OTC) markets.
Orc Adds Connectivity to Nasdaq OMX NLX
Orc Group has connected to London-based derivatives market Nasdaq OMX NLX, allowing access to both short-term and long-term interest-rate futures products denominated in euro and sterling, and cleared through LCH.Clearnet.
Multifonds Survey: Most Fund Managers Ready for AIFMD
Fund managers are less worried about being compliant with the Alternative Investment Fund Managers Directive (AIFMD) ahead of the July 22 deadline for seeking AIFM authorization, according to a survey by investment fund software provider Multifonds.
EuroCCP to Clear LSE Trades
European central counterparty (CCP) EuroCCP will clear trades executed on the London Stock Exchange (LSE) once regulatory approval is received.
Schroders Rolls Out Vermilion Reporting Suite
London-based asset manager Schroders, with $446.8 billion under management, has implemented the Vermilion Reporting Suite to help comply with its reporting requirements.
BNY Mellon Launches Online Portal to Monitor Outsourced Operations
Bank of New York Mellon (BNY Mellon) has launched MyOnCore, an online portal solution that helps investment managers in controlling and monitoring their governance parameters around their outsourced arrangements.
BNP Paribas Survey: Strategic Outsourcing the New Norm
As banks and brokers are more and more willing to outsource their middle and back-office functionality to focus on core activities, a recent survey by YouGov and sponsored by BNP Paribas Securities Services has found that one in five respondents are…
Linedata Adds FATCA and AML Functionality to Mshare
Linedata has announced its transfer agency software, Mshare, is now able to address regulatory compliance requirements with additional FATCA withholding tax capabilities and Anti-Money Laundering (AML) updates to its service.
BNP Paribas Co-COO to Retire
BNP Paribas has announced today that one of its top executives, co-COO Georges Chodron de Courcel, will officially stand down from the role at the end of June, and retire on September 30th.