Trading Tech
Bank of China Implements Murex Platform
Bank of China has chosen Murex's MX.3 platform to provide a fully integrated front-to-back solution for treasury and trading.
China Merchants Securities Rolls Out Algo Offering
Shenzhen-based China Merchants Securities has announced that it will be offering algorithmic strategies to its retail investor clients, with plans to extend it to buy-side institutional clients later.
No Easy FIX: Brokers Eye Outsourcing FIX Connections
FIX costs have long been a thorn in the side of more than a few brokers. While many still insist on managing their FIX connectivity internally, others have chosen to outsource this service to third-party providers. The question remains: Is the benefit…
TT Fills Top Buy-Side Need with Multibroker Solution
For five years, Chicago-based derivatives software vendor Trading Technologies (TT), attempted to adapt its X_Trader derivatives trading platform to incorporate multiple brokers, without success. The technology proved too complicated. Not long ago it…
TradingScreen, FXall Compete for Axa's Affections
Axa Investment Managers, a Paris-headquartered asset management firm with £460 billion (approx. $730bn) under management, has begun implementation of TradingScreen's execution management system (EMS), TradeEMS.
Head in the Clouds: Impax COO Darren Johnson
After cutting his teeth at a variety of high-stress jobs in the City of London, Darren Johnson finally struck a balance between hard work and tranquility. Now as COO of Impax Asset Management, he sees the future in the cloud. By Steve Dew-Jones with…
Citi Rolls Out Upgrades to Processing, Risk Management Solution
Citi has launched Network 3.0, which features better risk management capabilities for institutional investors, asset managers and alternative asset investors.
Second Time Around, Corporate Bonds Platforms Putting Interface First
Benchmark Solutions and iTB both aim to make corporate debt tools elegant as trading in the asset class incrementally goes electronic. Their interfaces illustrate two approaches, fit to purpose.
India's Third Bourse Eyes February Open for Equities Trading
Multi Commodity Exchange of India (MCX) is preparing to launch trading in cash equities and equity derivatives on February 11, under the MCX-SX banner, the bourse has announced.
The UX Factor: Visual Design Meets Finance
Financial applications once eschewed Marshall McLuhan’s famous argument—that the “medium is the massage”—by prioritizing function and cost over the beauty of the interface. No longer, experts say. Tim Bourgaize Murray reports on a design revolution that…
Information Mosaic Preps IMActions for T2S
Post-trade software provider Information Mosaic, based in Dublin, says its corporate actions solution has been enhanced to meet the new European settlement protocols.
IRD's Editor on Data's Role in Risk Management
Inside Reference Data editor Michael Shashoua considers how well data management efforts are responding to regulation and risk developments
Regulatory Uncertainty Inhibits OTC Preparation, IPC Survey Finds
A recent survey by vendor IPC Systems has found that a lack of clarity over regulations governing how over-the-counter (OTC) derivatives will trade in the future is leading to a lack of preparedness among market participants, even as most accept that the…
Kyte Group Live with AlgoSpan Platform
Kyte Group, a Futures Commission Merchant (FCM), has gone live with AlgoSpan's low-latency exchange market access platform.
With OTC Reform, Conception and Consolidation Rule
I was originally going to start this column with the words ‘it feels like we’ve been talking about derivatives reform for years’, until I realized that’s exactly what we’ve been doing. There’s a sense of forward motion now, at least, with the first…
FX Has a Place in Emerging Markets, Too
When most people think of trading in emerging markets, they think of equities first. Equities uses well-established procedures and technology and is therefore easiest to implement. In a webcast on foreign exchange (FX) technology, though, FX specialists…
