Tech
DGCX Launches New Trading Platform
The Dubai Gold and Commodities Exchange (DGCX) has announced that the EOS Trader Platform has gone live, completing its planned technology upgrade schedule.
Bombay Exchange and Eurex Reach Tech Sharing Pact
Eurex Group and the Bombay Stock Exchange (BSE) will deepen their strategic partnership through a long-term technology alliance under which BSE will join the Eurex technology roadmap and deploy Deutsche Börse Group's trading architecture in a first step.
Trading Technologies Links to GovEx
Trading Technologies (TT) says it will connect with GovEx, a flexible execution platform for US Treasuries and part of State Street's eExchange offering, in the first half of this year.
FinAnalytica Rolls Out Enhanced Cognity Platform
The latest version of FinAnalytica’s Cognity Platform includes functionality for daily updates, the inclusion of liabilities and leverage from long and short positions in optimization calculations, expanded coverage of exotic foreign exchange (FX)…
Gensler Rebuffs Regulatory Reach Critics in FIA Keynote
US Commodity Futures Trading Commission (CFTC) chairman Gary Gensler has defended elements of the Dodd-Frank Act over perceived extra-territoriality, in his keynote address to the Futures Industry Association's (FIA) annual conference in Boca Raton,…
Torstone Readies Inferno for FTT
London-headquartered Torstone Technology has announced that it has prepared its Inferno post-trade processing solution for Financial Transaction Tax (FTT).
Singapore, Korea Exchanges Collaborate for OTC Clearing
The national exchanges of Singapore and Korea are collaborating on the development of clearing capabilities for over-the-counter derivatives.
SEF Infrastructure Unaffected by RFQ Rules Kerfuffle
A joint ISDA–Sifma poll shows near universal dislike for a CFTC proposal on SEFs, but it turns out the regulator has already changed its tune. In this respect, at least, SEFs are safe from a mass exodus.
Ada Investments Jumps on Gravitas Private Cloud
New York-based Ada Investments will migrate its core services and production applications to the private cloud of Gravitas, a co-sourcing platform providing cloud technology, collaborative outsourcing and risk support to the alternative investment…
Front-Office Data Focus Spurs IBOR Push
Data management and aggregation are perennial challenges for all market participants. But for buy-side firms, elements of these disciplines have crystallized into an Investment Book of Record—an overview combining position-level data, cash flows,…
Kerius Takes Numerix CrossAsset
Boutique financial risk management advisory Kerius, based in Paris and Geneva, will integrate the Numerix CrossAsset derivatives pricing analytics platform for its hedge modeling business.
DTCC To Establish Japanese OTC Trade Repository
The Depository Trust and Clearing Corporation (DTCC) has received approval from Japanese regulators to launch the first trade repository in the nation for the reporting of over-the-counter (OTC) derivatives trades.
US Swap Clearing Officially Begins
The US Commodity Futures Trading Commission (CFTC) announced yesterday that mandatory clearing had begun for certain swap trades entered into after March 11, 2013.
Drumm Role Heralds Broadridge's APAC Expansion
Lake Success, NY-based Broadridge Financial Solutions has appointed James Drumm senior director, strategic account sales for Asia-Pacific. Drumm will be responsible for generating new business sales for a range of Broadridge solutions in the Asia-Pacific…
Prescient Ridge Goes Live on New Trading Infrastructure
Highland Park, IL-based Prescient Ridge Management (PRM), a managed futures fund specializing in short-duration, systematic trading strategies, has gone live with its new trading infrastructure incorporating Connamara’s Made-to-Measure components.
Study: Legacy Systems, Decentralization Stunt Growth
A survey conducted by Nielsen for buy-side technology vendor SimCorp’s StrategyLab research arm reveals that older platforms imply higher costs and slower response to business and regulatory requirements.
NICE Anticipates CFPB with New Ops Compliance
Israel-based NICE Systems says its Proactive Compliance Suite will help firms manage future new rules from the Consumer Finance Protection Bureau rules, mandated as part of the Dodd-Frank Act.
Fitch Makes Acquari Head of Sales
Fitch Solutions has appointed Julian Acquari its global head of sales.
Bennett to Expand Western Business at Cleartrade Exchange
Cleartrade Exchange, the Singaporean futures exchange, has appointed Chris Bennett as its new head of business development for EMEA and North America.
Anova Adds Intelligent Alerting Functionality for Decision-Making, Compliance
Surbiton, UK-based DST Global Solutions, a provider of investment management technology and services, has unveiled what it has dubbed “intelligent alerts” functionality within its Anova data management platform.
Be Careful What You Wish For
While many bemoan the lack of regulatory sophistication when it comes to analyzing the markets, the flip side is just as costly.
Fidessa Unleashes Market Abuse Monitor for Europe
UK-based vendor Fidessa has announced the release of the Market Abuse Monitor surveillance tool for its sell-side clients in Europe.
PT Schroder Takes Omgeo for Post-Trade Automation
PT Schroder Investment Management Indonesia has selected Omgeo Central Trade Manager (CTM), becoming the first asset manager in the region to go live on the service.
Infrastructure Isn't Everything, But It Helps
High-frequency traders continue to find value in emerging markets, but just how important is a city's existing infrastructure?