News
ICBC Turns to AxiomSL for Euro Compliance Support
Beijing-headquartered ICBC, formerly known as the Industrial and Commercial Bank of China, has contracted New York-based Axiom Software Laboratories to support its European Market Infrastructure Regulation (EMIR) over-the-counter (OTC) transaction…
Etrali Rolls Out Mobile Voice Recording in Japan
Etrali Trading Solutions has extended its mobile voice-recording service to Japan, and will partner Natterbox to help banks in the region complying with record-keeping requirements.
Scotiabank Deploys Fenergo for Compliance
Scotiabank's global banking and markets division has implemented Fenergo's Regulatory Onboarding product to support its existing systems for compliance.
LME to Expand Direct Datafeed Access
The London Metal Exchange plans to introduce a new policy that will allow clients of its trading members to connect directly to a data-only feed from the exchange’s LMEselect electronic trading platform.
EFG Asset Management Selects Quartal Commission
EFG Asset Management, part of the EFG International private banking group, has selected Quartal Commission, the commission management component of Quartal Financial Solutions' broader software suite.
ESMA Calls for Clarifications on Derivatives Definition
The European Securities and Markets Authority (ESMA) has asked the European Commission to provide a clear definition of a derivative or derivative contracts falling under the European Market Infrastructure Regulation (EMIR).
Caplin Appoints Ashworth as COO
Trading platform specialist Caplin has announced that John Ashworth is its new chief operating officer, starting today.
FTSE Urges EOD Index Data Compliance
London Stock Exchange-owned index provider FTSE has asked customers of its end-of-day index data to review their usage to ensure they are properly licensed, as part of continued efforts to promote transparency and compliance across its products and…
Bloomberg Enlists Lucena for Custom Development Projects
Atlanta, Ga.-based analytics provider Lucena Research is acting as a development partner for Bloomberg, after launching a set of quantitative, machine-learning-based analytical tools based on its cloud-enabled QuantDesk decision support platform for…
New European Reporting Regs Overwhelm DTCC Data Repository
A tidal wave of interest rate trade data overwhelmed the trade reporting service run by the Depository Trust & Clearing Corporation (DTCC) after new European reporting rules came into effect on Wednesday, Feb. 12, leaving users unable to check…
UTP Votes to Adopt Nasdaq SIP Recommendations
The UTP Operating Committee, the industry body that oversees the administration of the consolidated feed of quote and trade data on Nasdaq-listed stocks─known as Tape C or the Unlisted Trading Privileges (UTP) Plan─has approved recommendations put…
Sutton Takes Customer Data Role at HSBC
Julia Sutton has left Deutsche Bank to take a role within group customer data strategy at HSBC
TraderMade Bows iMaverick Web Charts, Commentary
UK-based foreign exchange charting and analytics display vendor Tradermade has created a lightweight version of its Maverick analytics desktop, dubbed iMaverick, which can be accessed entirely online via its website, in response to tough market…
Tradeweb Completes First Swap Trade by an FCM on Behalf of a Client
Tradeweb Markets has completed the first swap trade by a futures commission merchant (FCM) on behalf of (OBO) a US-based asset manager on a swap execution facility (SEF). Accessing Tradeweb’s TW SEF, Credit Suisse Securities successfully executed a five…
Exchange Data Revenues Run Gambit of Gains and Losses
Major exchanges reported a mixed bag of fourth-quarter financial results, with some reporting spectacular gains as a result of acquisitions and new initiatives, and others reporting lower revenues from data sales as a result of fewer subscriber numbers.
CFTC Issues No-Action Relief for European MTFs
The US Commodity Futures Trading Commission (CFTC) and the European Commission (EC) have jointly announced that certain European entities will be exempt from US rules regarding derivatives reform for now, although a long-term picture is still uncertain.
Oslo Børs' Millennium 8 Rollout Adds Auction, Iceberg Features to Boost Liquidity, Protect Trading Strategies
Norwegian exchange Oslo Børs is rolling out an updated version of its Millennium trading platform that exchange officials say will introduce technical changes designed to increase trading in less liquid stocks while enhancing trading capabilities for…
Cox Supports IDC, Pace Metrics as Independent Consultant
Matthew Cox has set up his own consultancy firm, MJC Data Management Solutions, and is supporting Interactive Data with the roll-out of a price validation tool
Data Vet Maclay Joins Social Market Analytics
Naperville, Illinois-based Social Market Analytics, a provider of trading signals based on social media sentiment, has hired Jim Maclay as director of sales in New York, reporting to chief executive Joe Gits.
Chi-X Japan Appoints Nagahori as President
Makoto Nagahori will take on the roles of president and chief operating officer at Chi-X Japan, the venue operator has announced.
BI-SAM Appoints Schapiro Global Head of Cloud Solutions
BI-SAM has appointed Jonathan Schapiro global head of cloud solutions as the vendor aims at developing and strengthening its private-cloud offering.
JTC Selects eFront
Fund administrator JTC Group has chosen eFront, as a result of its expanding business, the vendor has announced.
Eris Exchange Adds UBS for Swap Futures Execution, Clearing
Via its UBS Securities arm, the Swiss bank has completed its first trade on the venue, on behalf of asset manager Eaton Vance.
Verizon Expands VFN Network Access to Exchanges, Datacenters
US telecom giant Verizon's Enterprise Solutions division has expanded its Verizon Financial Network to more than 50 new marketplaces and other sources of data, trading and services, in response to demand for more flexible and scalable ways to access…