News
LCH.Clearnet Limited Receives EMIR Approval
LCH.Clearnet Limited, the UK-based central counterparty (CCP) operated by the LCH.Clearnet Group, has received regulatory approval from the Bank of England to operate as a central counterparty under the European Market Infrastructure Regulation (EMIR).
Citisoft launches Outsourcing Termination Service
Citisoft, the London-based buy-side technology and management consultancy, has launched an exit strategy and planning service to help asset managers mitigate the risks of a forced or voluntary exit from an outsourcing agreement.
Broadridge Extends Multi-Asset Processing Support
Lake Success, NY-based Broadridge Financial Solutions has extended is multi-asset post-trade processing support by broadening its exchange-traded derivatives processing platform.
Asia Pacific Stock Exchange to Employ Nasdaq Technology
Nasdaq OMX will deliver its trading technology, X-stream, as well as Genium FIX, to Asia Pacific Stock Exchange to power its APeX trading platform, which is expected to go live in late 2014.
Thomson Reuters Hopes to Strike Gold by Adding GFMS Mine Data to Eikon
Thomson Reuters has added global gold mine information from precious and industrial metals markets research and analysis subsidiary GFMS Mine Economics to its Eikon desktop platform to provide metals traders and analysts with predictive indicators for…
Colt ‘Unifies' Colt, MarketPrizm Capital Markets Teams
UK-based network and hosting services provider Colt has created a new unified Colt Capital Markets team that covers sales, product operations and delivery across Europe, drawing from its own staff and from employees from MarketPrizm, the UK-based market…
Mizuho Trust & Banking Luxembourg Taps SimCorp
The custody, fund administration, and securities services arm of the Japanese bank, operating in the micro-state and known as MHTBL, will use SimCorp's Dimension to maintain compliance with impending EMIR and AIFMD regulation and for other business…
Markit Plugs Real-Time Data into Valuations Service
Markit has integrated real-time trade data from its MarkitServ electronic trade processing service for over-the-counter derivatives with its Portfolio Valuations valuation service that provides independent mark-to-market valuations and risk analytics for…
Rapid Addition Partners with DET Technologies
As part of a partnership between London-based technology provider Rapid Addition and Prague-based trading platform support specialists DET Technologies, Rapid Addition’s RA-Cheetah FIX engine will support DET Technologies’ flagship DET Hub.
Burton Taylor Forecasts Data Demand Drop in 2015
Growth in demand for market data and analysis is expected to contract─though not decrease─next year, despite a hitherto positive trend that saw global spend on market data and analysis rise 1.1 percent over 2012 to $25.88 billion at the end of 2013,…
Moscow Exchange Taps Fincad for OTC Analytics
The Moscow Exchange has rolled out Vancouver-based over-the-counter deriveatives pricing and risk management software vendor Fincad's F3 Platform to allow quantitative analysts and credit officers at member trading firms to perform risk analysis, compute…
REDI Buys, Integrates BAML's InstaQuote EMS
Execution management system (EMS) provider REDI Global Technologies has completed its year-long acquisition of BofA Merill Lynch's multi-asset InstaQuote platform, clients, and personnel.
Moscow Exchange Uses Fincad F3 for Trading and Clearing
The Moscow Exchange (MOEX) has chosen Vancouver-based Fincad’s F3 Platform to support its over-the-counter (OTC) derivatives trading and clearing services.
Growth in Reference Data Spend to Exceed Most Data Products, Survey Predicts
Research by Burton-Taylor International Consulting forecasts spend on reference data will increase more than most data product types in 2014/15, but highlights overall pessimism about the future
CFD Platform CeFDex Adds NetDania Charts
German contracts for difference (CFDs) market maker and technology provider CeFDex has incorporated the charting package of Danish financial software provider NetDania into its trading platform, the companies said on Wednesday, announcing that three…
Genscape Grows Ship-Tracking Network
Energy supply data provider Genscape has expanded its VesselTracker shipping tracking and monitoring network with the addition of 436 new AIS (Automatic Identification System) antennas, allowing the vendor to more accurately collect information on ship…
Wexford Capital Expands SS&C Relationship
Greenwich, Connecticut-based Wexford Capital has selected SS&C GlobeOp to provide an expanded suite of services including middle- and back-office, regulatory reporting and investor solutions for Wexford’s private equity funds and hedge funds.
Euronext, SunGard Ally for Volatility Data Service
European exchange group Euronext has partnered with SunGard to create a new Equity and Index Volatility Data service to provide customers with volatility data covering equity and indexes globally, including the CAC 40, DAX30, S&P 500 and FTSE 100.
Morningstar Research, Ratings Live on Bloomberg
Chicago-based data and investment research provider Morningstar has made its proprietary equity research and stock and credit ratings available via Bloomberg's Professional terminals, to provide institutional investors with actionable insight on stocks…
Object Trading Gets Data Net Vet Peck
Trading technology and data platform provider Object Trading has appointed Des Peck as new business sales executive in Europe, responsible for leading the company's sales and development.
Meriten Signs for Charles River
Düsseldorf, Germany-based Meriten Investment Management has gone live with Charles River's Investment Management System (IMS), the vendor announced today.
Crédit Agricole Deploys Solace Appliances for Low-Latency Data
Crédit Agricole's Corporate and Investment Bank is rolling out data routing appliances from hardware-based messaging technology vendor Solace Systems to provide a low-latency data distribution backbone for its foreign exchange, rates and bonds trading…
S&P Cap IQ Joins Markit Collaboration Services Network
McGraw Hill Financial-owned S&P Capital IQ has become the latest vendor to join Markit Collaboration Services, the open messaging network initiative that allows financial professionals to communicate and share information across communication platforms.
SunGard Adds Cross-Asset Risk and Margin Solution to Front Arena
SunGard has added a cross-asset risk and margin solution to its Front Arena flagship product, to provide brokers and futures commission merchants (FCMs) with a real-time way of measuring risk, exposure and margin requirements across entire portfolios.