News
Aequitas Taps LSE's MillenniumIT for Trading, Data
Startup Canadian exchange Aequitas Innovations has named the London Stock Exchange's MillenniumIT technology subsidiary to provide its exchange platforms, following a request-for-proposal process involving MillenniumIT and other vendors.
Solace Boosts Data Appliance Throughput with New Routers
Ottawa-based hardware messaging appliance provider Solace Systems has rolled out two new message routers and a new version of its operating system to support Big Data systems and cloud computing architectures.
Instinet Debuts Last-Hour VWAP Crossing
Instinet has announced the addition of a last-hour match for executions at the consolidated volume-weighted average price (VWAP), running from 3.00-4.00 PM.
Australia's TCorp Chooses Numerix CrossAsset
The New South Wales Treasury Corporation (TCorp), the Australian state's central financing authority and government securities issuer, is using Numerix for effective risk management of its clients' debt portfolios.
UK Government Mulls FX Oversight
The UK Chancellor of the Exchequer, George Osborne, is reportedly preparing to announce plans that would see formal regulation enter the foreign-exchange (FX) markets for the first time.
Markit Debuts 'Enhanced' iNAV Service
Markit has launched an intraday net asset value (iNAV) service for exchange-traded products that combines securities pricing data from global exchanges with the vendor's proprietary fixed income evaluated prices, which it calculates for more than 2.3…
Merlon Capital Partners Expands with SimCorp
Sydney-based Merlon Capital Partners is now using SimCorp Dimension's Front Office suite after a two-month deployment, extending a relationship first established in 2010.
BMO Capital Markets Chooses Fenergo for Fatca, Derivatives Compliance
Fenergo will complete the first phase of the implementation of its onboarding software for the Canadian investment firm on July 1, when Fatca comes into force
Custom Connect Beams up Bevaart to CTO Role
Netherlands-based Custom Connect, a provider of carrier-neutral fiber and microwave connectivity services has appointed Rutger Bevaart as its new chief technology officer and lead architect, and has incorporated Bevaart's company, Xconnect24, a provider…
NBAD, Celer Partner on Electronic FX
National Bank of Abu Dhabi says it will partner with London-based Celer Technologies to develop global market e-commerce applications for foreign exchange (FX) and related markets.
Collibra Offers Data Stewardship Automation
The data management automation provider has added a suite to its data governance platform that will automate data stewardship processes
TOM MTF Bows Data on New Dutch Index
The TOM (The Order Machine) multilateral trading facility has launches a new total return index, the NL20 Index, which reflects performance of the 20 largest listed Dutch companies, designed to deliver "transparency, predictability, efficiency,…
Blackstone Invests in Cloud Theory
The private equity firm has made a strategic investment in client relationship management solutions provider Cloud Theory.
State Street Taps Calastone for Order Routing Service
State Street Global Advisors (SSgA) went live on the Calastone order routing service for its range of UK- and Luxembourg-domiciled funds.
Deutsche Börse MD+S Tools Up with Davis
Deutsche Börse's Market Data + Services division has appointed Caroline Davis as its new head of tools, a business line that offers on-demand access to cloud-hosted software applications for algorithm testing, regulatory reporting and other functions.
Icap Taps IPC for Voice Trading Connectivity
The global interdealer broker will now use trading communications provider IPC's Trader Voice service, in addition to its Connexus extranet and Direct Connect ethernet data service.
Nasdaq Guts FinQloud, Amazon Web Services Gets Clients
Nasdaq OMX is scrapping parts of its FinQloud financial services-dedicated cloud computing service, handing off some components to partner Amazon Web Services—which provides the underlying cloud infrastructure—and ending support for other key aspects of…
Horizon Software Provide DMA for Moscow Exchange
Paris-based Horizon Software has announced it now provides low-latency direct market access (DMA) to the Moscow Exchange (MOEX), specializing in equity and derivatives.
Advent Unveils Plethora of Product Suite Enhancements
For the first time in 2014, Advent Software has rolled out new product enhancements for Advent Geneva, Advent Portfolio Exchange (APX), Moxy, Advent Rules Manager and Advent Revenue Center.
DataContent Bows SmartSuite Market Data Governance, Cost Analysis Service
UK- and Hong Kong-based data consultancy DataContent has created a data governance service, dubbed SmartSuite, that puts in place a series of processes for data consumers to establish relationships between datasets and their parent sources, and to…
Traiana to Provide Pre-Trade Credit Checks to Buy-Side Firms Trading on SEFs
Traiana has added capabilities to its pre-trade credit checking hub CreditLink to enable streamlined post-trade processing for buy-side firms trading electronic credit default swaps (CDSs) and interest rate swaps.
Nasdaq Reports eSpeed Data Outage
One day after reporting the successful completion of migrating its eSpeed electronic treasuries market to the Nasdaq OMX datacenter in Carteret, NJ, Nasdaq experienced an interruption in eSpeed data this morning, May 29.
Empirasign Bows MyData Excel Integration Web Service
Empirasign Strategies, a New York-based provider of fixed income dealer offerings and trade color, has rolled out Empirasign MyData, which allows users to upload a list of bond tickers to Empirasign's website and have the vendor return updated prices for…
BT Partners With Korean Koscom to Build Liquidiity Hub
BT has partnered with Korean financial technology provider Koscom to provide new trading opportunities on the Korea Exchange (KRX) and help attract global investors to the region.