Trading Tech
Red Box Lands Tradition Deal
Red Box Recorders has announced a global contract with with inter-dealer broker Tradition, under which the firm will record over 8,000 channels of communication for the firm in the UK and Americas.
Confisio, Dion and Traiana Debut Collateral Valuation Service
Ahead of impending regulatory mandates, Confisio Managed Services, Dion Global Solutions, and Traiana have announced the launch of a collateral valuation reporting service.
First State Super Selects BarraOne for Risk Management
MSCI has announced that Australian superannuation fund First State Super has selected its BarraOne risk management platform.
Colt Hires Net Vet Hutchinson as US Capital Markets Director
UK-based telecom provider Colt has hired Julie Hutchinson as US director of capital markets, responsible for developing its US capital markets business by helping US content providers, trading firms and platform providers to expand their presence to…
TMX Group Clearers Recognized as Qualifying CCPs
The Bank of Canada has announced that clearing houses operated by the Canadian exchange consortium TMX Group are now recognized as qualifying central counterparty clearing houses (QCCPs) in accordance with the Basel Committee on Banking Supervision…
Société Générale PB Taps Wolters Kluwer for Basel III Compliance
Société Générale Private Banking has selected the risk management and regulatory reporting solutions from Wolters Kluwer Financial Services to comply with Basel III requirements in Belgium.
Neonet Enhances Functionalities with Visual Trader Platform
Agency broker Neonet has announced the enhancement of its trading interface with Visual Trader, the Spanish trading platform owned by Bolsas y Mercados Españoles (BME).
Atreaus Capital Takes Hedge360 for Integrated Risk Management
The boutique global macro fund will now use SunGard's managed Hedge360 Risk Reporting Service to develop customized daily reporting across its range of trading asset classes.
Exegy Touts Enterprise Migration Package to Dig Out Wombats
St. Louis, Mo.-based hardware ticker plant vendor Exegy is positioning its new Enterprise Migration Package as a replacement for the Wombat Financial Software platform following the sale of Wombat to New York-based low-latency feed handler and market…
Internal Dark Pools—Into Darkness?
This week, trading on Barclays' US-based LX platform fell off a cliff after a lawsuit was filed alleging high-frequency (HFT) manipulation at the venue. Is the buy side finally spooked?
Money.net Adds ETF, Mutual Funds Data, Bows Mobile Apps
New York-based low-cost market data display vendor Money.net has added new content to its datasets and has rolled out native mobile apps to accompany its data desktop and web-based terminals, and is planning significant analytics enhancements for future…
SimCorp Unveils New Dashboards
SimCorp has launched Asset Services Dashboards and Alerts, which provide users with a real-time overview of asset-servicing metrics, while alerting them of areas that need attention, such as acting on exceptions.
DTCC Announces Settlement and Collateral Initiatives
The Depository Trust and Clearing Corporation (DTCC) is making an effort to publicize its primary initiatives surrounding collateral management and settlement, in an effort to help the industry lay out budgets for the coming year.
Altibase, Microstrategy Ally for In-Memory/Disk Hybrid Data ‘Marts'
In-memory database provider Altibase has unveiled a partnership with business intelligence and analytics software provider MicroStrategy that creates a high-performance business intelligence environment for data availability and analysis in real time,…
Velocimetrics Nabs TS-A Sales Head Woolhouse
Latency monitoring technology provider Velocimetrics has hired former TS-Associates sales head Adam Woolhouse as strategic account manager, responsible for global account development and client relationship strategy.
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.
FIX Finishes TESI Extension to FX
The industry group says its Trading Enablement Standard Initiative (TESI) will now be available for foreign exchange (FX) client enablement.
Bank J Van Breda & C° Selects ABN Amro for Clearing
Belgium-based Bank J.Van Breda & C° has selected ABN Amro Clearing as its general clearing counterparty for over-the-counter (OTC) derivative transactions.
LSE, Omgeo Link Matching Platforms
The London Stock Exchange Group (LSE) and post-trade specialist Omgeo have announced a partnership where the former's UnaVista platform will link with the latter's Central Trade Manager (CTM) for the matching of synthetic equity swaps.
Activ Names Collins Global Sales Head
Market data provider Activ Financial has promoted Ben Collins to global head of sales in London, where he continues to report to Frank Piasecki, president of Activ in New York.
Citic Taps Fincad F3 for New Equity Derivatives Unit
Chinese investment bank Citic Securities has rolled out Canadian OTC derivatives pricing and risk software vendor Fincad's F3 analytics platform to support the bank's growing equity derivatives business in Hong Kong and Mainland China.
Clearstream, Deutsche Bank Partner for Collateral Management
International central securities depository (ICSD) Clearstream and Deutsche Bank have announced a partnership that will see the two firms develop a triparty collateral management service.
CITIC Selects Fincad for Analytics
Pricing and risk provider Fincad has announced that CITIC Securities, one of China's largest investment banks, has selected its F3 analytics platform to support its Asian equity derivatives operation.
IDC Names Goldman Sachs' Black Infrastructure CIO
Interactive Data has appointed former Goldman Sachs executive James Black as chief information officer for infrastructure, a newly created role reporting to company CIO Alex Goor.