Emerging Technologies
LCH.Clearnet CEO Ian Axe to Step Down
The London Stock Exchange Group (LSE) has announced that LCH.Clearnet CEO Ian Axe is to leave his position, after leading the global clearing house group for more than two years.
REDI Now Independent of Goldman
Goldman Sachs has sold REDI, with its REDIPlus execution management system (EMS), to a consortium of investors, including Bank of America Merrill Lynch (BAML), Barclays, BNP Paribas, Citadel and Lightyear Capital. Even with the sale, Goldman will still…
EMCF and EuroCCP Sign Sale and Purchase Agreement
Owners of the clearing houses EMCF and EuroCCP have signed a sale and purchase agreement, formalizing an intention to combine the two businesses that was announced earlier in the year.
Has PRISM Changed Perceptions of Cloud Security on Wall Street?
Anthony wonders if CIOs are a bit more concerned about the security of their data after the National Security Agency (NSA) leaks, and the resulting spotlight shined on the PRISM and Tempora internet surveillance programs, first reported by The Guardian…
INTL FCStone Abandons Cleartrade Acquisition Plans
Commodities brokerage INTL FCStone has dropped its plans to acquire a controlling interest in Cleartrade Exchange (CLTX), citing Dodd-Frank Act provisions as a barrier to the deal.
Information Mosaic Names Chief Revenue Officer
Philip Hogan, most recently an Asia-Pacific executive at DST, joins the company in a newly created role
London Stock Exchange to Acquire Turquoise Derivatives
The London Stock Exchange Group (LSE) is to acquire Turquoise Global Holdings' derivatives platform, to improve the efficiency of their clearing and margin arrangements in light of upcoming derivatives regulations.
A Good Technologist is Hard to Find, Says JPM AM Exec
What began as a conversation about consolidating systems for accounting and trade─itself a deviation from advertised topic of supporting broad bespoke product ranges─took a sharp turn when JPMorgan Asset Management's chief business technologist for fixed…
