News

Orc Adds Connectivity to Nasdaq OMX NLX

Orc Group has connected to London-based derivatives market Nasdaq OMX NLX, allowing access to both short-term and long-term interest-rate futures products denominated in euro and sterling, and cleared through LCH.Clearnet.

Noble Swaps BlueMatrix for Citi

Sara Noble has joined Citigroup as vice president of research distribution, responsible for managing the bank's global research distribution channel partnerships and improving buy-side clients' experience via those channels.

Multifonds Survey: Most Fund Managers Ready for AIFMD

Fund managers are less worried about being compliant with the Alternative Investment Fund Managers Directive (AIFMD) ahead of the July 22 deadline for seeking AIFM authorization, according to a survey by investment fund software provider Multifonds.

Ullink Buys Two Brands from NYSE Technologies

Ullink, a Paris-based provider of trading solutions and connectivity, has entered into an agreement to acquire trading technology NYFix and market access provider Metabit from NYSE Technologies. The transaction, which is subject to regulatory approval,…

Johnston AM Taps Electra For Billing Automation

The long-only, Connecticut-based equities specialist with $3.8 billion under management will use Electra's Billing 3.0, formerly known as Quantum, for revenue workflow management and customized billing, including performance fees and complex fee…

Trillium Adapts Surveyor to Spot HFT Gaming

Trillium Labs, a software development spin-off from New York-based proprietary trading firm Trillium Trading, has diversified the potential uses of its Surveyor tool for identifying potential market manipulation, and is positioning it for use by buy-side…

LEI Common File Format Published

Adoption of a common file format for pre-legal entity identifiers is intended to reduce the likelihood of duplicate records and incorrect data, and to make it easier to integrate data from different pre-local operating units

CMB International Chooses Serisys for Post-Trade

Hong Kong investment company CMB International has selected the post-trade processing platform from Serisys Solutions, Adypt, for its capital markets businesses. CMBI will begin its roll out of Adypt in the portfolio management area.

Macquarie Adopts FISD Data Certification

Australian bank Macquarie has begun implementing industry association FISD's Financial Information Associate (FIA) professional certification program for its market data staff, in response to requests from the bank's data team for a training and…

Exchanges, FINRA Inch Closer to CAT Plan

US self-regulatory organizations including the US exchanges and regulator FINRA are preparing to narrow down the list of candidates for the role of processor of the US consolidated audit trail (CAT), which will capture all trades, quotes, cancellations…

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