Tech
Capital Partners and Quote MTF to Launch New Spanish Venue
Multilateral trading facility (MTF) Quote MTF and London-based Capital Partners are planning to launch a Spanish trading platform in coming months, challenging the fourth-largest European market's incumbent exchange.
The Industry Needs to Come Together on Policing Itself When it Comes to HFT
Whether its through AT 9000 or some other industry-led initiative, HFT firms need to be proactive in addressing the risk concerns inherent in their chosen strategy.
PDQ Debuts Algos for Manual Traders
Manual traders can now get co-located execution without owning any co-located servers.
Numerix's LiquidAsset to Cover Municipal Derivatives
The valuations analytics provider says its solution, LiquidAsset 2.1, will now be able to support vanilla and basis muni swaps, swaptions, swap and bond curves, fixed rate muni bonds, and muni variable rate demand obligations (VRDO).
Internal Infrastructure Outdated as Outsourcing Trend Grows
The construction of internal infrastructures within buy-side firms is a thing of the past, according to Bob Miller, CTO of New York-headquartered hosted service provider VistaOne Solutions.
Cass Questions Circuit Breakers in New Study
The Cass Business School at City University, London, has released an academic paper questioning the validity of measures put in place after the Flash Crash to ensure market stability.
Linedata Partners With StatPro for Portfolio Analytics, Reporting
Linedata has announced that it will team with StatPro in order to provide integrated portfolio analytics and reporting to asset managers via the cloud.
SkyBridge Capital Chooses Imagine Software for Risk Aggregation
The portfolio and risk management solutions provider says its new Risk Aggregator platform is helping the $6.6 billion AUM fund-of-funds locate, verify, and normalize position-level data through independent sourcing of information.
Knowles Joins RIMES from JPMorgan
Compliance specialist Andrew Knowles has joined RIMES Technologies, a provider of index and benchmark data management technology and services primarily to the asset management industry, to spearhead the business development for RIMES' Compliance Services…
Algo Error Damage Apparent as Knight Releases Q3 Results
The electronic market maker lost $389.9 million from July to the end of September, with net-negative revenues of $189.8 million.
BI-SAM Appoints Juma To Lead Americas Expansion
BI-SAM Technologies, the Paris-based provider of data management, performance, attribution, risk, and reporting technologies to the asset management industry, has appointed Sami Juma general manager of its regional operations in the Americas.
LSE Restructures as FTSE Chief Heads Information Services
The London Stock Exchange Group (LSEG) has announced a reshuffle in its senior management, with FTSE CEO Mark Makepeace taking over from David Lester as group director of information services.
NYSE Euronext Forges Partnership with Bank of China
NYSE Euronext has signed a Memorandum of Understanding (MoU) with Bank of China, as the European exchange seeks to attract trading flow from the Far East.
Moscow Exchange Connects to BRICS Network through Radianz
Moscow Exchange, the Russian bourse born from the merger of Micex and RTS, can now access the BRICS Exchanges Alliance through use of BT's Radianz cloud.
Getco Enhances Algo Suite
Electronic market-maker Getco has announced the expansion of its algorithmic trading offering, including six new strategies.
NYSE Euronext, Taiwan Futures Exchange Partner for Two-Way Order Routing
NYSE Euronext and the Taiwan Futures Exchange have agreed to work more closely together going forward with the signing of a Memorandum of Understanding.
Investit's Doherty Suggests Thematic Approach to 'Regulatory Crush'
Catherine Doherty, global CEO of London-based consultancy Investit, says investment firms must not get bogged down in the detail of proposed regulations.
Investit CEO Catherine Doherty Discusses Benchmarking Best Practice
Catherine Doherty, global CEO of London-based consultancy Investit, urges greater collaboration within investment management firms.
SS&C Launches GoTrade+
The technology is for post-trade activities of OTC and listed derivatives, among other securities.
Fusion Systems Connects to National Stock Exchange of India
The Hong Kong-headquartered technology vendor Fusion Systems now offers connectivity to the National Stock Exchange of India (NSE).
Capco Unveils Architecture-as-a-Service Offering
Capco, a provider of consulting services to the financial services industry, has unveiled a new offering, Architecture-as-a-Service (AaaS) that will allow firms to hire architects on an "as-needed" basis.
Citi Reshuffles Top Job as Pandit Steps Down
Citigroup's board of directors has elected EMEA head Michael Corbat as the bank's new chief executive, following the resignation of incumbent Vikram Pandit.
Oslo Børs to Acquire Burgundy
Norwegian exchange Oslo Børs is set to acquire its Swedish rival, Burgundy, in a play for regional control of equities trading.
Chatham Releases FX Risk Platform
Advisory firm Chatham Financial has released a suite of cloud-based products aimed at managing foreign exchange (FX) risk.