Tech
StatPro Revolution Adds Commitment Approach for UCITS, AIFMD Compliance
StatPro Group has announced it has added ‘commitment approach’ to its Revolution portfolio analytics and reporting tool for compliance with Undertakings for the Collective Investment of Transferable Securities (UCITS) and Alternative Investment Fund…
Esma Examines HFT, CSDs in Risk Report
The European Securities and Markets Authority (Esma) has released its first report on trends, risks, and vulnerabilities for 2014, choosing to focus, in part, on the effects of high-frequency trading (HFT) and the potential systemic risks posed by…
Charles River to Enter the IBOR Fray
Later this year Charles River is set to unveil a module that will allow its buy-side clients to manage their investment book of record (IBOR) activities. The IBOR functionality will be deployed along with version 9.2 of the Charles River Investment…
Investment Consultancy Citisoft Launches Know-Your-Outsourcer Tool
Investment management consulting firm Citisoft has launched a service, KYO-40, to help asset managers keep oversight of their outsource service.
Ladd Replaces Spanbroek to Lead Prop-Trading Body
The European Principal Traders Association (Epta), a subsidiary of the Futures Industry Association (FIA), announced today that Johannah Ladd has taken on the role of secretary general at the lobby group.
Thomson Reuters, Cambridge Associates Aggregate Private Fund Benchmarks
The financial information provider and global investment firm have collaborated on a jointly-developed online platform to provide benchmark pricing on a range of alternative funds.
Azul Takes Aim at Java Warm-Up Issues with ReadyNow!
Azul Systems has announced the inclusion of ReadyNow! in the latest iteration of Zing, its Java virtual machine (JVM), designed to mitigate time delays that occur when Java applications can't reach optimal efficiency during intense periods of market…
OTC Conversations Turn to Market Structure, Away from Tech
Debates about the over-the-counter (OTC) derivatives landscape have been transitioning from an IT focus to a market structure focus. To most, it's been subtle. To a technology reporter, it's a big deal.
TT Unveils Cloud-based Trading Platform, Will Sunset X_Trader
Trading Technologies International (TT) today unveiled Nextrader, its new trading platform.
CBOE to Invest in Tradelegs
Chicago Board Options Exchange (CBOE) says it will stake the analytics and decision-support software provider to institutional investors.
TMX to Open Singapore Office
Canadian exchange consortium TMX Group has announced plans to expand to the Asia-Pacific region by opening a new office in Singapore.
EU Parliament Adopts Omnibus II, Finalizes Solvency II
The introduction of the Solvency II regulatory regime inches closer after the European Parliament voted on Tuesday to adopt Omnibus II, a directive that completes and finalizes the common prudential framework for insurance regulation and supervision in…
CME Builds on FX Strengths with European Venue Launch
The launch of a European derivatives venue by the Chicago Mercantile Exchange (CME) Group has been long awaited. Yesterday, CME Europe finally received regulatory approval from the Bank of England (BoE) and the Financial Conduct Authority (FCA), and is…
Long on Bitcoin: Perseus and Atlas ATS Burnish Digital Currency, Target Market-Makers
Despite recent headline-splashing travails, Bitcoin is steadily gaining reception among the world's largest market-makers and funds like Fort Hill Capital. Atlas, an alternative trading system, and network services provider Perseus are meeting that…
Emerging Technologies: The Risks and the Rewards
In the final part of this five-part feature on emerging technologies in the capital markets, we look at the risks and the rewards associated with adopting and implementing such technologies, and how to go about striking that delicate balance between…
RTS Releases New Version of RTD Tango Trader
Trading technology vendor RealTime Systems Group (RTS) has released a new version of its click and algorithmic trading front-end, RTD Tango Trader 2.0, including a chart analytics package and algo development services.
Azul Helps Cinnober Add Zing to its Java Solution
Stockholm-based trading system provider Cinnober will offer Zing, Azul's high performance runtime for Java, with its TradeExpress solutions.
Market Stucture Consultancy KOR Group Launches
The advocacy and consulting firm, led by Christopher Nagy and David Lauer, will cover the intersection of market structure, policy, and financial technology, and will push an agenda of greater transparency in the industry.
Charity-Run HFT Shop Picks IPC for Connectivity
Vivienne Court, a high-frequency arbitrage firm based in Sydney, has selected the Financial Markets Network from New York-based IPC to cover its voice and electronic trading network connectivity requirements.
CME to Launch European Exchange on April 27
The Chicago Mercantile Exchange (CME) Group has announced that its long-planned European derivatives exchange, CME Europe, has received regulatory approval from UK authorities, and will begin operations from April 27.
Emerging Technologies and Avoiding Analysis Paralysis
In part four of this five-part series on emerging technologies in the capital markets, based on a recent virtual roundtable, we look at the challenges facing CIOs when it comes to evaluating emerging technologies, and typically how they go about making…
OptionsCity Updates its Futures and Options Trading Platform
OptionsCity Software, a Chicago-based provider of futures and options trading solutions, has released version 5.0 of its flagship trading and market-making platform, Metro, designed to better manage risk.
ICSDs, Custodians Develop Asset-Servicing Model for T2S
A group of international central securities depositories (ICSDs) and custodian banks have announced the joint development of a common model for asset servicing under the Target2-Securities (T2S) project.
Electra Taps Rhodes as COO
A software solutions provider for asset managers, Electra Information Systems has appointed Scott Rhodes as chief operations officer, to be based in New York.