Tech
AQX° Connects to Squawker
Broker AQX° Securities has become the latest firm to connect to sell-side block venue Squawker.
OneVue Joins Calastone Network
Australian fund manager OneVue has joined Calastone’s global funds transaction network to automate fund transactions previously communicated by fax.
B-Next Upgrades Global Control Room
Compliance and surveillance specialist b-next has upgraded its CMC: Global Control Room suite, allowing compliance officers a global view of activity and information flows within an organization.
Indonesia CSD Selects Nasdaq Tech
PT Kustodian Sentral Efek Indonesia (KSEI), the central securities depository (CSD) for Indonesia, will use Nasdaq's X-stream CSD technology to power its operations.
Turquoise Launches Block Discovery
Turquoise has announced the debut of its new block-trading service, Block Discovery, and added seven brokers as launch participants.
Conflicts of Perception
The race leaders for CAT, T+2 and clearing-house woes lead this week's coverage.
Confluence Partners with Fundsquare for AIFMD Reporting
Confluence has announced its collaboration with Fundsquare to simplify regulatory filings within its AIFMD Transparency Reporting tool, as required by the Alternative Investment Fund Managers Directive (AIFMD).
Lombard Risk Enhances Collateral Management Solution
Lombard Risk has announced a new release of Colline, its collateral and clearing inventory management and optimization solution, to streamline operations across the firm and support its regulatory needs.
Buy-Side CROs: To Each Investment Strategy, a Unique Tech Response
At last week's Buy-Side Technology North American Summit, a trio of chief risk officers (CROs) spanning boutique and institutional investment firms gave a candid take on the build-out of their risk management and reporting platforms. The scene, they said…
First Derivatives Takes Majority Stake in Database Vendor Kx Systems
First Derivatives has announced the acquisition of a further 46.47 percent stake in time-series database specialist Kx Systems, bringing its overall interest to a majority share of 65.2 percent on a fully diluted basis.
Shock Absorption After a Wild Week
Down equity markets this week signaled the return of significant volatility for the first time in a couple years, testing the industry's ability to deal with shocks as flight to safe assets ramped up. But more than ever, this includes an active posture…
BIS-IOSCO Report Calls for Clearing Houses to Set Out Recovery Plan
The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (Iosco) have published a report on recovery and resolution that set out guidance on the tools that Central Counterparty (CCP) clearinghouses can…
DTCC Assembles Two Groups for T+2
Following in the footsteps of Europe, the DTCC has organized two industry group charged with leading the transition to T+2 in U.S. markets.
African Stock Exchange to Implement Deutsche Börse Tech
Deutsche Börse has entered into an agreement with the African Stock Exchange (AFSX), whereby the Mauritius-based venue will use the German operator's Xetra technology and support.
Your Next Security Threat is...POODLE
Three Google security researchers have discovered a new security hole in version 3 of the Secure Sockets Layer (SSL) protocol.
ITG Releases Posit Marketplace 3.0 Dark Pool Algorithm
In an effort to effectively tap dark pool liquidity and leverage the tools dark venues provide, brokerage ITG announced the launch of the Posit Marketplace 3.0 algorithm.
Neonet Adds Aquis Access
Agency broker Neonet has joined Aquis Exchange, and will now offer clients access to the venue.
Buy-Side Firms Begin Trading Corporates Via MTS Bonds.com API
MTS Markets International announced liquidity-provisioned trades by buy-side institutions through its enhanced application program interface (API) on MTS Bonds.com have begun taking place.
Xignite Partners with FactSet
Cloud-based financial market data provider Xignite announced a partnership with data provider FactSet.
CME Group Enacts Tech Jobs Cut
CME Group announced a company restructure that will cut five percent of its workforce, or about 150 jobs, the majority of which will come from the company's technology division.
EuroCCP Adds Traiana Platform to OTC Clearing Services
EuroCCP will now be able to match over-the-counter (OTC) transactions with Traiana’s Harmony platform.
CAT Conundrum: SROs, Vendors Vie to Build Consolidated Audit Trail
In 2012, the US Securities and Exchange Commission passed Rule 613, requesting the industry to develop a plan to build and run a platform capable of tracking and storing information on every order, cancellation, modification and trade execution for…
Fair Play? The Balancing Act of Finra's Involvement in the Selection and Bidding of the CAT
The fact the Financial Industry Regulatory Authority is involved in both the selecting and bidding of the Consolidated Audit Trail has caused the regulatory body to take some heat.
Orc Launches Smart Order-Router for Multi-Venue Trading
Orc, a vendor in derivatives trading technology, has launched its routing engine, Orc Smart Order Router (SOR), to achieve best execution while reducing costs.