News
MarkitSERV Connects to KRX for Swaps Clearing
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Tryd Partners Cellbroker, SolutionTech Tap Perseus LiquidPath
Cellbroker, a Brazilian provider of mobile trading solutions for stocks, commodities and currencies, and Rio de Janeiro-based trading technology platform vendor SolutionTech have rolled out low-latency fiber and microwave network provider Perseus Telecom…
NovaSparks, Thesys Ally for Accelerated Data
French FPGA feed handler and data platform provider NovaSparks and New York-based Thesys Technologies, a provider of low-latency data, trading and risk solutions have integrated their offerings so mutual clients can apply the performance gains of…
Pierpont Selects SunGard's Loanet for Securities Finance
Pierpont Securities, a specialized fixed income shop, has selected SunGard’s Loanet to help manage its securities finance operations, including trading, inventory management, accounting and settlement.
Dow Jones' Smith to Head B2B Professional Products
Dow Jones has appointed New York-based Dan Smith head of the vendor's Professional Information Business product team, which covers its DJX terminal, Risk & Compliance offering, Dow Jones Newswires and Factiva.
Chi-X Canada Taps TickSmith for Tick Database
Toronto-based alternative trading system Chi-X Canada plans to roll out an online service for market participants to access its historical trade and quote data within the coming months, using technology developed by Montreal-based historical tick data…
Horizon Software to Launch Chinese Options Trading System
Horizon Software, a Paris-based provider of front-end trading software, is planning the launch of an options trading system for the Chinese market, set to launch in the fourth quarter of 2014.
Barclays Africa Goes Live on EquiLend
Johannesburg-based Absa Bank, a subsidiary of Barclays Africa, has become South Africa’s first domestic bank to execute a securities finance trade on the EquiLend trading platform. The move marks a progression toward the automation of Absa’s trading and…
Broadpeak Adds Real-Time Limits Compliance to K3 Data Platform
Integration software provider Broadpeak Partners has added position limit monitoring functionality to its K3 data integration software to enable users to monitor real-time data on their current holdings against pre-set limits and track those trade…
Exchanges, FINRA Reveal CAT Operator Shortlist
US self-regulatory organizations, including US exchanges and regulator FINRA, have selected six potential candidates for the role of processor of the US consolidated audit trail (CAT), which will capture all trades, quotes, cancellations and other…
Network Glitch Halts Trading on BSE
Asia's oldest stock exchange, the Bombay Stock Exchange, experienced an outage Thursday morning that halted trading for three hours.
Lucena Moves QuantDesk Databases to Amazon Cloud
Atlanta, GA-based decision support analytics provider Lucena Research is migrating the infrastructure behind its QuantDesk predictive analytics platform to the Amazon Web Services cloud, to provide greater scalability to support its expanding customer…
CAT Bid List Shrinks to Six
The national securities exchanges and the Financial Industry Regulatory Authority (Finra) have selected six bids from the list of ten request-for-proposal (RFP) responses that were submitted to build and maintain the Consolidated Audit Trail (CAT).
Telx Opens Third NYC Datacenter
Datacenter and hosting provider Telx has completed construction of a new 72,000 square foot datacenter at 32 Sixth Avenue, one year after first announcing the project (IMD, July 17, 2013).
Canid AM Appoints Hughes as Technical Director, Partner
The boutique long-short equities shop based in Silicon Valley has brought on Fred Hughes to lead its technology strategy.
World'Vest Base Builds Sharia Index for Egyptian Islamic Finance Association
The Egyptian Islamic Finance Association (EIFA), a Cairo-based Islamic banking organization, has rolled out an index of sharia-compliant Egyptian stocks compiled by company information and research provider World'Vest Base, with the goal of attracting…
New Clients Join BATS Chi-X Europe Reporting Service
BATS Chi-X Europe has announced that four new participants have joined BXTR, its recently-launched suite of on- and off-exchange trade reporting service.
Eze Software's Keller on New Cloud Offering
Eze Software Group has launched a new cloud-based offering. The first service receiving the cloud treatment is Eze Data Services, a data hub and integration service that supports position and transaction interfaces.
Investit Adds John Boyce to its Roster
London-based consultancy Investit has hired John Boyce to help grow its technology consulting, data and benchmarking services.
Fidessa Launches Trade Affirmation Service for Buy Side
The technology vendor’s new application enables direct trade affirmation between the buy side and sell side
RVS Appoints Elmer New CEO
Rate Validation Services, a provider of benchmark rate pricing services with offices in Singapore, London and Australia, recently named Lachlan Elmer chief executive, following the departure of former CEO Kevin Milne earlier this year.
Fidessa Launches Affirmation Management Service
Technology vendor Fidessa has debuted its new Affirmation Management Service (AMS), designed to automate affirmation processes between the buy and sell sides.
Markit Announces Confirmation Service for FX Options
London-headquartered technology provider Markit has announced the development of a new electronic service for foreign-exchange (FX) options confirmations and exercise management, in conjunction with a number of investment banks.
Cinnober Takes Helm of Boat
Cinnober has acquired Markit Trade Reporting, dubbed Boat, from Markit. Starting today Cinnober will take control of Boat's European trade reporting service after Markit earlier this year announced it would no longer support the service.