Articles by Timothy Bourgaize Murray
The CFTC's Coup(e) du Monde
At a Waters Breakfast Briefing this week, the ostensible topic was over-the-counter (OTC) derivatives, but much of the focus was instead on the cross-border provision of the Commodity Exchange Act. Tim ponders whether the problem can be addressed, and if…
Mizuho Trust & Banking Luxembourg Taps SimCorp
The custody, fund administration, and securities services arm of the Japanese bank, operating in the micro-state and known as MHTBL, will use SimCorp's Dimension to maintain compliance with impending EMIR and AIFMD regulation and for other business…
REDI Buys, Integrates BAML's InstaQuote EMS
Execution management system (EMS) provider REDI Global Technologies has completed its year-long acquisition of BofA Merill Lynch's multi-asset InstaQuote platform, clients, and personnel.
Former CFTC General Counsel: US Swaps Reform a Mixed Bag of Outcomes
Terry Arbit, former deputy general counsel for legislative and intergovernmental affairs at the Commodity Futures Trading Commission (CFTC) and now partner at Norton Rose Fulbright, gave attendees at this morning's Waters Breakfast Briefing a first-hand…
Long Live the King
With thoughts of royal abdication on his mind, Tim Bourgaize Murray pays his due respect to Anthony Malakian, and highlights what he'll be covering going forward.
Tradeweb Launches Electronic Trading for Active US Treasury Bonds
A new order book on the venue's Dealerweb platform will support most liquid, on-the-run bonds, to be traded by major dealers and electronic market makers.
Axioma Updates Risk Modeling Platform
The provider's Risk Model Machine (RMM) version 7.6 includes an advanced content builder program and new factor libraries, providing flexibility when building custom models.
Sandell AM Takes SunGard's Hedge360
The alternative asset manager, which specializes in middle market event-driven and credit investments, will use Hedge360 for portfolio management and integrated trading, risk, and operations.
Australia's TCorp Chooses Numerix CrossAsset
The New South Wales Treasury Corporation (TCorp), the Australian state's central financing authority and government securities issuer, is using Numerix for effective risk management of its clients' debt portfolios.
Merlon Capital Partners Expands with SimCorp
Sydney-based Merlon Capital Partners is now using SimCorp Dimension's Front Office suite after a two-month deployment, extending a relationship first established in 2010.
NBAD, Celer Partner on Electronic FX
National Bank of Abu Dhabi says it will partner with London-based Celer Technologies to develop global market e-commerce applications for foreign exchange (FX) and related markets.
Blackstone Invests in Cloud Theory
The private equity firm has made a strategic investment in client relationship management solutions provider Cloud Theory.
Texas-Sized Technology: Utimco CTO Uche Abalogu
Like many of its endowment brethren, $32.6 billion University of Texas Investment Management Company (Utimco), one of the more unique institutional investors in the US, has seen its data requirements and the need for seasoned in-house technical expertise…
Boutique Options Shops Ponder Exit, Improvements as Opportunities Narrow
Citing fragmented markets, IT costs, and larger market makers' increasing dominance, a panel of proprietary traders discussed what ails options firms at this year's Options Industry conference, recently held outside Austin, Texas. Though not every…
Liquid, ConvergEx Pen Agreement
OEMS provider Liquid and prime services division of ConvergEx have signed a joint marketing agreement wherein Liquid will be offered to ConvergEx's roster of hedge fund, family office, mutual fund, and registered advisor customers.
Redline Certifies Azul's Zing Runtime Tool
Trading platform provider Redline says Zing, which focuses on low-latency performance monitoring for Java applications, will now be supported for users looking to optimize execution strategies across asset classes.
Lucera Introduces Dedicated FX Platform
The high-performance infrastructure provider says its new LumeFX offering will use an adaptive smart order router to consolidate multiple liquidity venues for users trading in spot currencies.
Extending 'Continuum of Innovation', BlackRock and Tradeweb Ally on Electronic Rates Trading
A recently announced and newly-integrated electronic trading solution will fuse Tradeweb's marketplace with Aladdin for order management, pricing, and execution of interest rate products and derivatives, serving only to deepen one the industry's longest…
BC Partners, Hamilton Lane LPs Live on iLevel 6.6
The software provider to private investment firms says that BC Partners, a European firm with $17.5 under advisement, and the limited partner (LP) clients of fund advisory and administrator Hamilton Lane, are all now up on its newly-released version, 6.6.
Bitcoin Hedge Fund Launches with SS&C
Coin Capital Management, led by Samuel Cahn and Drew Sommer, has launched a new fund for institutional investors looking to buy and hold Bitcoin.
Options? In Texas? Play That Again For Me ...
Tim reflects on his recent trip to Austin and the Options Industry Conference, and introduces next month's cover profile, the first of its kind for the magazine.
Speed, Listing Exclusivity Promote New Volatility Index Options
Patrick Fay, director of listed derivatives at Russell Investments' index arm, says the way to a successful volatility index option is through the buy side. The rub? Not every buy-side firm understands derivatives the same way.
Krungsri AM Upgrades Charles River Implementation
The Bangkok-based asset manager is now using the ninth version of IMS, as well as Charles River's FIX Network and Data Storage offerings for electronic trading and real-time price provision at the local Stock Exchange of Thailand (SET).
Rapid Ratings Adds Visual Comparison Tool
The ratings and risk analytics provider says its Company Comparison Report will enable users to compare up to five public and private companies simultaneously.