News
Saudi Stock Exchange Makes Move Toward T+2
The switch is being made in an effort to attract foreign investors, according to a Reuters report.
Goldman Sachs Shakes Up Technology Division
The firm’s head of technology announces his retirement on the same day the firm names a new chief information officer.
Tradeweb Signs Deutsche Bank, JPMorgan, Goldman Sachs for Mifid II Reporting Service
Investment banks sign up for Approved Publication Arrangement (APA) service for post-trade reporting transparency.
IHS Markit Launches Solution for US Equity Derivatives Tax Mandate
The solution will help firms determine whether certain derivatives fall in scope of the Section 871(m) tax law, and calculates withholding details.
Wall Street Horizon, Estimize Ally on Earnings Dates, Estimates Info
The alliance combines related earnings information on each vendor's platform.
ISITC Names BBH's Choinski Chair, Appoints New Board Members
Choinski has served on ISITC's board for the past 12 years before becoming chair.
Ipreo’s Electronic Order Submission Solution Premieres with a Deal for Commonwealth Bank of Australia
Backed by major banks, Ipreo’s solution allows investors to electronically submit orders directly to sell-side syndicate banks on fixed-income issues.
DTCC Picks IBM, Axoni, R3 to Develop Distributed-Ledger Solution for Derivatives Processing
IBM and Axoni to develop DLT-based replacement for existing Trade Information Warehouse; R3 to act in advisory role.
FXecosystem Furthers Asia Expansion with Equinix HK PoP
The vendor already has a presence in Equinix's SG1 datacenter in Singapore.
Almax Hires PhD Shynkevich as Data Scientist
Shynkevich's PhD research involved using machine-learning to predict price movements based on data and news.
ANNA Opens Consultation on ISIN Fee Model
Agency invites public comment on how its bureau will charge for ISINs for OTC derivatives, will provide more information via webcast
CBOE Consolidates Historical Data Offering on Livevol Platform
By shifting historical data distribution from its MDX business to Livevol, CBOE will create a larger, consolidated dataset.
North American Asset Managers Increasingly Concerned over Mifid II Impact
Survey from ITG finds buy-side firms in North America increasingly concerned over impact of European regulation due January 2018.
Royal London Enlists Confluence for AIFMD Reporting
Confluence's platform will help Royal London support the increasing reporting burden associated with its growing alternative investments business.
Royal London Asset Management Taps Confluence for AIFMD Reporting
London-based asset manager implemented reporting solution for compliance with the rule.
FISD FIA Certification Passes 1,000 Passes
The FIA program has achieved a 76 percent pass rate over its four years to date.
Dash, LiquidPoint Merge to Form Dash Financial Technologies
Peter Maragos, current CEO of Dash, will serve as CEO of new entity.
CFTC Chairman Timothy Massad Resigns
Massad will leave the regulator Jan. 20, Inauguration Day.
Anshu Jain Joins Cantor Fitzgerald as President
Jain previously spent time at Deutsche Bank and Merrill Lynch.
Euronext Makes €510 Million Swoop for LSE’s French LCH.Clearnet Division
Euronext makes offer to acquire French clearing house from London Stock Exchange, subject to completion of LSE’s merger with Deutsche Börse.
Web Financial Hires Former Interactive Data Exec Singeot as France MD
Singeot was previously head of sales for parts of EMEA at Interactive Data Managed Solutions.
CJC Adds Data Vets to Engineering Team
The new hires have almost 100 years of combined experience in engineering, most within financial market data.
Qineqt Raises $1.3M to Hire More Data Experts
The funding will help the vendor hire more data professionals, to complement a management hiring spree earlier this year.
Wells Fargo Leads $18 Million Series A for Axoni
Distributed-ledger technology fintech now has over $20 million in funding.