Tech
Citi Slashes FX Trading Latency with Velocity 2.0
As Citi prepares to launch the next iteration of its high-speed foreign exchange (FX) trading platform, volumes and transaction velocity in the market have never been higher. With the widespread use of algorithmic trading, has volatility been increased…
Hackers Give Middle East Exchanges Black Eyes
Downed websites are more than an inconvenience.
Rage Against the Machine
Icap's currency-trading system went rogue and inadvertently caused the Swiss franc to fall. Although the incident was a "mistake" and should never have happened, it's no less disconcerting.
2012: Distinguishing the Pain Points
Sitanta Ni Mathghamhna talks to Arun Sarwal, CEO at DST Investment Management Solutions, on the challenges ahead for 2012 as buy-side firms look to improve their operation efficiency across the board, while simultaneously addressing the not insignificant…
TMX Group Takes Substantial Stake in ir2020
TMX Group wanted to get its hands on ir2020’s investor relations tool, among other things.
Fidessa Readies Integrated Analytics
Fidessa is set to roll out three new trading analytics tools for the US market.
NRI Adds To Its India Presence With Anshinsoft Acquisition
In order to grow its presence in India and strengthen its operational support capabilities, NRI has purchased Anshinsoft a few months after establishing an India-based subsidiary.
Otkritie Capital Selects NICE Actimize for Surveillance
Software will provide cloud-based market abuse monitoring for Otkritie Capital.
Kinetic Partners Opens Hong Kong Office
Asset management services firm moves into Asia.
CLS Appoints Four New Board Members
Sir John Gieve, Kenneth Harvey, Christine Mead and Bryan Osmar have joined the CLS Group Board of Directors.
Bats Standardizes on Savvis Hosting
Bats Global Markets plans to move its disaster recovery facility to Chicago.
MetaTrader Gains SMX Certification
The latest version of MetaQuotes' trading platform has been approved for use at the Singapore Mercantile Exchange.
NYSE Technologies Adds Toronto Liquidity Center
Growth in the Canadian market leads NYSE Technologies to roll out its newest hosting offering.
Bloomberg Vault Launches Cloud Archiving
Functionality present for clients using IBM servers.
CITIC Bank International Selects Pricing Partners
State-owned bank will use software for pricing complex foreign exchange derivatives.
SEI Expands Buy-Side Compliance Platform
Portfolio Manager platform supercedes SEI's AdvisorAlert buy-side compliance offering.
No More 'Sacred Cows' in Buy-Side Outsourcing
Buy-side firms are turning to vendors to manage operations that would have been unthinkable just a couple of years ago
Markit Unveils CDS Sensitivities Service
CDS Sensitivities will help risk managers to comply with regulations that require firms to disclose how the firm perceives, measures and manages financial risk.
ConvergEx Launches ConnEx
New York-based technology vendor ConvergEx debuted a new business that focuses on hosted FIX connectivity.
Connectivity Issues Halt Johannesburg Trading
Link between South Africa and London pauses JSE trading activity.
Serone Capital Opts For Principia on Risk Front
Principia's Software-as-a-Service (SaaS) platform will provide Serone Capital with consolidated portfolio management, risk surveillance and operational support across the fund manager's European credit investment business.
Infront Moves to Interxion's European Data Centers
Software to be hosted in Swedish and British locations.
Alfred Berg AM live on VPD’s Flagship Risk, Reporting Platform
Nordic asset mamager will use VPD Risk & Performance to support its Global Investment Performance Standards (GIPS) reporting, attribution, and enterprise data management functions.