News
Stifel to Acquire Oriel Securities
Stifel Financial Corporation has announced that it will acquire Oriel Securities, a stockbroking and investment banking firm based in London.
Nasdaq Nordic Bows Tiered EOD Data Fees
Nasdaq OMX has introduced a new set of fees for data vendors who redistribute end-of-day data from its Nordic Exchange, succeeding a previous policy that allowed vendors to distribute end-of-day data to unlimited numbers of third-party recipients for a…
Rimes Hires Drumm For S.F. Office
Rimes Technologies has hired Michael Drumm, an experienced sales management executive, to lead its new San Francisco office
DTCC, Euroclear to Collaborate on Collateral Processing
The post-trade infrastructure providers plan to launch two utilities that will help users address increasing needs for collateral and more complex collateral processing due to regulatory change
Bottega Joins EDM Council
John Bottega, who has served as chief data officer for the Federal Reserve Bank of New York, as well as Bank of America and Citigroup, has joined the industry organization as an advisor
Only Half-Way There in Markets Reform, Says Esma Chair
Speaking at an event organized by the Association for Financial Markets in Europe (AFME) today in London, Steven Maijoor, chairman of the European Securities and Market Authorities, says that although ESMA is near to fulfilling the Group-of-20…
SuperDerivatives Debuts Trading Platform SDeX
London-based SuperDerivatives has gone live with its multi-bank, multi-asset trading platform SDeX.
Thai Futures Exchange Switches Platforms
The Thailand Futures Exchange (TFEX), under the Stock Exchange of Thailand (SET) group, has switched its derivatives trading and clearing to the equities platform, SET Connect, which was developed by Korea Exchange using Cinnober technology.
Iridian Selects SEI for Ucits Fund Admin, Custody Services
Iridian Asset Management has chosen SEI to provide a number of services for its Undertakings for Collective Investment in Transferable Securities (Ucits) fund.
Equinix Debuts Cloud Exchange
Equinix has announced the launch of the Equinix Cloud Exchange, a secure connectivity platform that allows users to connect to multiple clouds and networks globally.
Trapets Introduces Outsourced Market Surveillance
Trapets AB has announced the launch of Outsourced Market Surveillance, its new, fully out-of-house program for handling surveillance requirements at trading firms.
S&P Cap IQ Adds Numerix Pricing Models
S&P Capital IQ has incorporated pricing models from derivatives analytics, valuation and risk management software vendor Numerix into its Portfolio Risk solution, building on an existing multi-year agreement between Numerix and R2 Financial Technologies,…
Krungsri AM Upgrades Charles River Implementation
The Bangkok-based asset manager is now using the ninth version of IMS, as well as Charles River's FIX Network and Data Storage offerings for electronic trading and real-time price provision at the local Stock Exchange of Thailand (SET).
Carrel Leaves Thomson Reuters For Calypso
The software and services provider has named Philippe Carrel, a longtime Thomson Reuters risk executive, as general manager for the Asia-Pacific region
Markit IPO Expected to Create Greater Competition, Innovation
Industry observers say the data services provider's decision to file for an initial public offering will increase competition and may lead to further acquisitions by the company
Update: Markit IPO to Raise ‘War Chest' for Competitive Boost
UK-based data vendor Markit filed plans for a US initial public offering with US regulator the Securities and Exchange Commission on Monday, May 5, in a move that industry observers say will allow the vendor to raise funds to compete more aggressively…
Euroclear and the DTCC To Launch Collateral Processing Joint Venture
The boards of the Depository Trust and Clearing Corporation (DTCC) and Euroclear have announced they have given their companies a go ahead to establish a joint venture to streamline margin settlement processes and enhance access to collateral processing…
Confluence Promotes, Hires Former SunGard Execs
Pittsburgh-based fund data management software provider Confluence has promoted Todd Moyer to executive vice president of global business development, responsible for driving the vendor's global growth efforts, and reporting to chief executive Mark Evans.
Thomson Reuters' Thomson One Goes ‘Anywhere'
Thomson Reuters has launched a new mobile-optimized web portal, dubbed Thomson One Anywhere that provides users with to access real-time market data, charting, news, and client data, as well as the ability to execute trades, via tablet devices.
Rapid Ratings Adds Visual Comparison Tool
The ratings and risk analytics provider says its Company Comparison Report will enable users to compare up to five public and private companies simultaneously.
Nordea Markets Uses Caplin for E-Distribution
Scandinavian bank Nordea Markets has selected Liberator, the web streaming server from UK-based Caplin Systems, to deliver trade messages and market data to its new single-dealer platform offering.
Custom Connect Names Ex-Fixnetix Exec Kingsnorth COO
Dutch fiber and microwave network provider Custom Connect has appointed Anthony Kingsnorth chief operating officer, responsible for heading the company's global operations and setting its overall business strategy.
Numerix, S&P Cap IQ Ink Pricing Partnership
S&P Capital IQ and Numerix have announced a multi-year partnership that will see the former's pricing models integrated within the latter's Portfolio Risk platform.
Rimes Adds Buy-Side Clients Amid Q1 Growth
Rimes has announced a number of client wins in North America at the end of Q1 2014, as its presence continues to grow with the opening of an office in San Francisco.