Trading Tech
ICAP Brings its European Interest Rate Swap Platform to the US
ICAP, the London-based interdealer broker and post-trade risk service provider, has been waiting to bring i-Swap, its electronic trading platform for interest rate swaps (IRS), to the US. First it needed to know what the rules governing swap execution…
Numerix Creates CTD Curve Construction, Collateral Analysis Tool
Numerix, a provider of analytics for derivatives valuations and risk management, has added new functionality for Cheapest-To-Deliver (CTD) curve construction and collateral analysis.
Pine River Deploys FlexTrade for Multi-Asset Activities
Asset manager Pine River Capital Management has globally deployed FlexTrade Systems technology to handle its multi-asset trading strategies.
ASX Launches Low-Latency Network Through BT Radianz
The Australian Securities Exchange (ASX) has launched a low-latency network through BT Radianz to improve global connectivity to its trading platforms.
MAVCAP Taps eFront for Portfolio Management
Malaysia Venture Capital Management Berhad (MAVCAP), a government-owned venture capital company, has software vendor eFront to manage its portfolio.
National Bank Financial Activates Orc for Canadian Algo Trading
National Bank Financial (NBF), a wholly owned subsidiary of the National Bank of Canada, has extended its use of technology from Orc by offering clients algorithmic trading in Canadian markets.
IntraLinks Unveils Investor Portals for Alternatives
The content management provider is set to unveil the new solutions at upcoming conferences in Berlin and New York.
Torstone Adds OData Interface For Analytics, Reporting
Torstone Technology, a London-headquartered provider of securities and derivatives processing software, has released the Open Data Protocol (OData) interface for improved analytics and reporting capabilities.
Tough Times Ahead for the Broker-Dealer
Enhanced connectivity requirements, big bank resurgence and regulation all weigh heavy on the broker-dealer landscape.
Tanius Adds Rapid Addition's Connectivity, Trading Tech
Alamo, CA-based Tanius Technology, a 15-person proprietary trading firm that trades primarily commodities and bonds using algorithm-based strategies, is using Rapid Addition's FIX engine and its Chicago Mercantile Exchange (CME) feed-handler products to…
Eurex Handed Keys to South Korean DMA
Eurex Exchange has received approval from the South Korean Financial Services Commission (FSC) to offer direct market access (DMA) in South Korea.
Options to Open Chicago Office
Options, a private cloud provider, will open an office in Chicago on March 1 to serve regional clients, as well as communicate with proprietary trading firms in the area.
Collateral Transformation's Influence on Optimization
Some people see collateral transformation and collateral optimization as equivalent solutions to the margin demands of central counterparties. In reality, they should not be considered different sides of the same coin.
The Continued Convergence of the OMS, EMS
A new study shows that there's still a lot of disagreement about merging order and execution management systems. Functionality will be the key differentiator for the winners.
Trad-X Launches Dollar Rate Swaps
The hybrid platform for interest rate swap (IRS) trading, jointly operated by a consortium of 11 major banks and managed by interdealer broker Tradition, is set to build off its successful launch of Euro products 18 months ago.
Moscow Exchange Announces IPO
Moscow Exchange has announced the successful pricing of its initial public offering (IPO) in Moscow, which has been set at RUB 55 ($1.83) per share.
NSX Securities Taps Morgan Stanley for Clearing, Order Routing
NSX Securities, the wholly-owned broker-dealer and exchange facility of the National Stock Exchange, has chosen Morgan Stanley to provide its clearing services and outbound order routing.
Optimize: The How and Who
Collateral optimization is a reality for a few institutions, an attainable goal for a few others, and a pipe dream for the rest. In the second part of his feature on optimization, Jake Thomases checks in on who is optimizing and who isn’t, and on what an…
Collateral Transformation's Influence on Optimization
Some people see collateral transformation and collateral optimization as equivalent solutions to the margin demands of central counterparties. In reality, they should not be considered different sides of the same coin.
Sifma Taps Cullen for Corporate Actions Group
Kevin Cullen, communications and marketing director at Information Mosaic, will serve on the Industry Leadership Committee for Sifma's Corporate Actions Section
Mellanox to Provide Server Interconnects for NLX
Nasdaq OMX NLX has selected the InfiniBand solution of Mellanox Technologies, a supplier of interconnect solutions for data centers, as the server interconnect for its matching engines.