News
Dow Jones Rebrands, Reorgs ‘Institutional’ Biz
Following a review of its Institutional Business strategy after the departure of former chief executive Lex Fenwick, Dow Jones has rebranded the division “Professional Information Business,” and has combined its previously-separate Consumer and…
Olivetree Securities Updates OTAS for UK-Based Best Ex
The London-based agency brokerage is now using its former spin-off OTAS Technologies' TradeShaper for trade management and market microstructure analysis, as well as best execution oversight capabilities.
Thomson Reuters Draws Drew for Platform Services
Thomson Reuters has hired Jeff Drew as enterprise proposition manager, responsible for strategy for its platform transactions business, supporting the Thomson Reuters Enterprise Platform and Elektron Managed Services propositions.
Infront, Infinancials Consolidate on FactSet Equities Data
Norwegian market data vendor Infront and French fundamental data and analytics vendor Infinancials, in which Infront holds a majority ownership stake, have extended an existing agreement with data vendor FactSet Research Systems to expand both vendors'…
ICE Purchases Automated Trading Patents
The IntercontinentalExchange Group (ICE) has announced the acquisition of several patents related to electronic trading strategies, in an implicit bid to protect clients from predatory patent buyers.
Eurex Adds Trade Capture Connectivity
Derivatives venue Eurex has announced that BrokerHub and Vectalis have connected to its Trade Entry Services, with ITG's RFQ-Hub set to sign up shortly.
Thomson Reuters Adds Platts Data to DataScope
Thomson Reuters has added commodities market data from McGraw-Hill Financial-owned commodities and energy data provider Platts to its DataScope Select product to provide clients with increased transparency to support valuations, risk management and…
Jefferies Joins Markit Collaboration Services Messaging Network
Investment bank Jefferies has joined Markit Collaboration Services, the open messaging network initiative developed by data vendor Markit that allows financial professionals to communicate and share information across communication platforms.
Confluence Signs Lombard Odier For Automated Expense Budgeting Solution
Lombard Odier Funds, the Luxembourg-based fund management arm of Lombard Odier Investment Managers, has selected Confluence to provide its automated budgeting application for asset managers.
EDI Expands African Economic Database with Beta Client Feedback, Preps Options Corporate Actions Data
Exchange Data International, a London-based provider of pricing and reference data, is finalizing beta testing of its African Financial & Economic Data (AFED) database, and is in the middle of developing a new pricing and reference data product to help…
Thanachart Taps IMS From Charles River
Thailand’s Thanachart Fund Management has selected Charles River’s Investment Management Solution (IMS) and joined its global FIX network to support its automated portfolio management, trading and compliance monitoring.
Vendors Begin Testing GMEX Feeds, Driven by Buy-Side Demand
Data vendors have begun testing new market data feeds from derivatives exchange operator and exchange technology platform provider Global Markets Exchange Group, ahead of the launch of its trading platforms for futures, fixed income and currency markets…
Scila Snatches Contract Win with Optiver
Scila AB has announced a six-month contract with high-frequency trading (HFT) firm Optiver, in which its market surveillance product will be evaluated for its capabilities in the Asia-Pacific region.
DTCC Promotes Senior Staff to Repository Leadership Roles
The Depository Trust and Clearing Corporation (DTCC) has announced that Ian McLelland and Chris Childs will head up its European trade repository (DDRL Europe) and DTCC Deriv/Serv, respectively.
OTCGH's EOX Market Data Group Hires for ‘Rainey' Day
Over-the-counter energy and commodities broker consortium OTC Global Holdings (OTCGH) has hired Catherine Rainey as director of its technology and data subsidiary EOX Holdings' market data group.
Sapient Global Markets Enhances Emir Reporting Services
Sapient Global Markets has enhanced the capabilities of its Compliance Management and Reporting System (CMRS) to support collateral and valuation reporting.
Interactive Data Rolls Out FutureSource 4.0
Interactive Data has released version 4.0 of its web-based FutureSource market data and analytics platform, featuring new content sets and capabilities.
Thomson Reuters Debuts KYC Web Portal
Thomson Reuters has announced the launch of its web-based portal for Accelus Org ID, its platform for know-your-customer (KYC) compliance.
Update: Cape City Command Calls on Quinn, Barker
Wilmington, NC-based Cape City Command, a provider of appliances that analyze trading session latency and enable trading applications to route to the fastest sessions in real time, has bolstered its sales and development functions with the hires of Terry…
Deutsche Börse, Philippine Exchange Sign Data MoU
Deutsche Börse has signed a memorandum of understanding with the Philippine Stock Exchange that will see the exchanges collaborate on the licensing of market data products and expand distribution channels for real-time data.
EDI Readies Derivatives Corporate Actions Tool
Pricing and reference data provider Exchange Data International has announced plans for Exchanged Traded Derivatives, a new service that will offer more than 30 types of corporate actions from derivatives instruments
Abacus Appoints Lozada as Information Security Chief
The buy-side hosted solutions provider has tapped Brian Lozada as director of information security, reporting to CTO Viktor Tadijanovic.
Update: Q2 Exchange Data Revenues Rise, Despite Mixed Overall Financials
Major exchanges worldwide posted significant increases in market data sales in their latest round of their financial results, though they also recorded a mixed bag of total revenues as a consequence of low volumes and low interest rates.
With Three Hires, ConvergEx Refreshes Electronic Trading Leadership
Greg Voetsch and Charles Galligan have both joined the firm as CEO of ConvergEx Execution Services and head of program trading, respectively. Oliver Sung comes onboard in September as head of US electronic execution.