Tech
SEC Continues Data Focus with Risk Analytics Office
The US Securities and Exchange Commission (SEC) has announced the formation of a new office within the Division of Economic and Risk Analysis (Dera), which will develop data-driven tools to support regulatory activities.
CME Files for Trade Repository in Québec
The Chicago Mercantile Exchange (CME) has filed an application with the Autorité des Marchés Financiers (AMF), the regulatory and oversight body for Québec's financial sector, to operate a trade repository service in Québec.
Trendrating Rolls Out Index Builder
Trendrating, which specializes in momentum factor analytics, has added a premium Index Builder module to its Trendrating Momentum Analytics Platform (TMAP).
TeraExchange Dives Into Bitcoin
The swap execution facility says it has launched a regulated platform for bitcoin derivatives as well as a spot bitcoin price index.
BST Awards 2014: Entry Deadline Extended
The entry deadline for this year's Buy-Side Technology Awards has been extended by a week from 18.00 (EST) Friday September 12 to 18.00 (EST) Friday September 19.
Liquid Adds Three to Risk Team
Jeremy Shaw, Richard Boesch, and Isaac Babani each join the provider's risk analytics team in a senior financial engineer role.
FxPro To Acquire Spot FX Aggregator Quotix
The agency-model foreign exchange (FX) broker FxPro Group has announced its acquisition of Quotix, the provider of liquidity aggregation and distribution solutions to FX buy-side and sell-side firms, in order to open up to institutional clients and…
Kx Systems Looks to Grow in China
Earlier this week, Kx Systems' kdb+ database was selected by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) to perform trading analytics.
Tullett Prebon, Parthian Partners Sign Joint Venture in Nigeria
Interdealer broker (IDB) Tullett Prebon has announced it has signed a joint venture with Nigerian-based interdealer broker Parthian Partners to expand its footprint across Africa.
ParFX Prime Goes Live with First Trade
Foreign exchange (FX) platform ParFX has announced that its buy-side-focused service ParFX Prime is now live, and the first trade was completed between GSA Capital and Virtu Financial in late August.
CME Europe Adds Vermaas as CEO
The Chicago Mercantile Exchange Group (CME) has appointed Cees Vermaas as managing director and CEO of its London-based derivatives exchange, CME Europe.
DataArt Acquires AW Systems, Will Open New Development Center in Argentina
DataArt says it has bought South American consulting specialist AW Systems.
Nasdaq OMX Extends SMARTS to Energy
The exchange operator's market surveillance service now covers energy trading, and is designed for both sell-side intermediaries and end-user clients.
TABB Group Launches Equities Market Trading Venue and Routing Analytics Service
Research and consulting firm TABB Group announced the launch of Clarity, a U.S. equities market trading venue and routing analytics service designed to help money managers, institutional investors, brokers and trading venues standardize, gather,…
In First Foreign Foray, Eris Licenses Swap Futures IP for Canadian Rates
Swap futures are set to head north of the border as Chicago-based swap futures venue Eris Exchange has agreed to license Eris Methodology, its proprietary product design and intellectual property (IP), to Montréal Exchange, the Canadian derivatives…
REDI Appoints Lax as Head of Emea Sales
REDI Holdings, the provider of the REDIPlus execution management system (EMS), has announced the appointment of Michael Lax as its new head of Emea sales.
ICE Plans Majority Stake in Dutch Clearer
The IntercontinentalExchange Group (ICE) has announced that it will acquire a majority stake in the Holland Clearing House (HCH), adding to its recent shopping cart of company buys.
KLP Extends SimCorp Usage
KLP Kapitalforvaltning has extended its use of SimCorp to cover its entire front-office activities, the Copenhagen-headquarter vendor has announced.
Taiwan and Singapore Eye Trading Link
The Taiwan Stock Exchange (TWSE) and the Singapore Exchange (SGX) have signed a letter of intent to start and work towards linking the two bourses to facilitate cross-border trading, clearing and settlement.
KOR Group Launches Best Ex Analysis Program
Boutique research and consulting firm KOR Group has launched its Best Execution Accreditation services, providing the buy side with regulatory compliance as well as information around execution quality and potential transaction cost reduction.
Market Surveillance Special Report
August 2014 ─ sponsored by Nasdaq OMX and Nice Actimize.
Tabb Unveils Trade Routing, Fill Rate Analysis Service to Improve Buy-Side Execution
Research firm Tabb Group has unveiled a new trade data and routing analysis service, dubbed Clarity, that will help market participants monitor and benchmark the impact on execution price performance of routing strategies for US equities that include…
BGC Presents Offer for GFI Group
Brokerage firm BGC Partners has announced its intention to submit a cash tender offer to the shareholders of GFI Group, in direct competition with a previous announcement that the New York-based firm would be acquired by the Chicago Mercantile Exchange …
Kx Systems To Perform Trading Analytics for SZSE
Kx Systems' kdb+ was picked by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) to perform trading analytics.