News
Orc Pairs Execution Offering with Professional Services
Orc Group has launched a Professional Services group focused on bespoke requirements for clients taking its software, and has integrated it with its technology provision arm, newly dubbed Electronic Execution.
Thomson Reuters Debuts Market Surveillance Platform
Thomson Reuters has announced the release of Accelus Market Surveillance, its oversight platform for exchange-traded and over-the-counter (OTC) instruments, developed in conjunction with compliance vendor b-next.
Activ Deploys Ticker Plant in ASX Co-Lo
Market data and ticker plant provider Activ Financial has established a point of presence in the Australian Securities Exchange’s (ASX) Australian Liquidity Center (ALC) co-location facility in Sydney, to provide local and international firms with…
Global Custodian Chooses AIM for Instrument, Issuer Data
A custodian bank with $3 trillion in client assets under management is using the GAIN Security Master application to create and maintain instrument and issuer reference data
Xtrakter Partners with CME European Trade Repository for Emir Reporting Tool
European fixed-income trade matching and regulatory reporting service provider Xtrakter has launched a transaction reporting solution, TRAX Repository Link (TRL), in a strategic alliance with the Chicago Mercantile Exchange European Trade Repository (CME…
Sell-Side Technology Awards 2014 Now Open for Entries
The Sell-Side Technology Awards 2014 are now open for entries, running until February 21.
Kyriba Partners GRC for Emir Reporting
Global Markets Exchange Group-backed GRC has announced a partnership with Kyriba, enabling the vendor's clients to implement a reporting system that complies with European Market Infrastructure Regulation (Emir) requirements.
Jyske Bank Selects DealHub for FX Distribution
Denmark-based Jyske Bank has signed DealHub for its foreign exchange (FX) pricing service distribution, FX Distribution Hub.
Counterparty Reporting Still Below Standard, Say Market Supervisors
According to an international group of market supervisors, five years after the financial crisis, firms are not meeting their expectations in relation to the consistent, timely and accurate reporting of their counterparty exposures
EU OKs MiFID 2; ESMA Wades into Details
After more than three years of negotiations, the European Union last week struck a long-awaited agreement on its review of the Markets in Financial Instruments Directive that mandates trading venues to make pre- and post- trade data available on a …
World Federation of Exchanges Moves to London
The World Federation of Exchanges (WFE), the trade association of 62 publicly regulated stock, futures and options exchanges, has moved its headquarters from Paris to London.
MDSL Preps Index, Trading Cost Management Tools
UK-based market data inventory management and usage monitoring technology provider MDSL is rolling out two new services aimed at helping financial firms manage their index data and FIX trading connectivity spend similar to how they manage market data…
Aequitas Amends Exchange Proposals
Aspirant Canadian exchange Aequitas has amended its business plan, following criticism from the Ontario Securities Commission (OSC) that its original provisions breached market rules on fair access.
MDSL Preps Trading Cost Management Tools
UK-based MDSL is rolling out a new service aimed at helping financial firms manage their Fix trading connectivity spend, similar to how they manage market data spend using the vendor's market data management (MDM) platform.
Principal Global Investors Taps Vermilion for Client Reporting
Asset manager Principal Global Investors has gone live with the Vermilion Software Reporting Suite to fully automate its client-reporting and communication cycle.
Markit Eyes Front-Office Push with thinkFolio Acquisition
Markit has acquired London-based portfolio management system (PMS) provider thinkFolio, in a deal that will see the buy-side stalwart join Markit’s enterprise software division.
Inglis Set for AIMA Helm
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will take over as its CEO from February 1.
BCS Appoints Barker Executive Chairman
BCS, the largest trader of equities and FX on the Moscow Exchange, has appointed John Barker as executive chairman of the BCS Financial Group in London. Barker assumed his new role at the start of January 2014.
Conde joins Calastone Board
Calastone, the global funds transaction network, has appointed former SunGard chief executive, Cristóbal Conde, as non-executive director. Conde will take a seat on the Calastone board and has also purchased a minority stake in the privately held…
Nasdaq Quits SIP Over Lack of Tape Progress
Nasdaq OMX plans to cease operating the Securities Information Processor (SIP) that collects data on Nasdaq-listed stocks, calculates a best bid and offer, and distributes the consolidated feed of quote and trade data─known as Tape C or the Unlisted…
BMO Taps Broadridge for Tax Reporting System
Bank of Montreal Financial Group (BMO) has selected the Tax Forms Plus (TFP) system from Broadridge Financial Solutions to support its tax reporting requirements.
Mirus Futures' Gets Access to Contiuum Data and Execution
Continuum, an arm of Denver-based CQG, has announced a partnership with online futures broker Mirus Futures whereby Continuum’s hosted infrastructure, including its market data delivery systems and distributed exchange gateways are made available to…
Market Prophit Adds ‘Maven' Filter to Crowd Sentiment, Ranks Individuals' Performance
New York-based social media sentiment analysis provider Market Prophit has created a filtered version of its sentiment feed, which creates sentiment scores for companies based on mentions in social media, and has added a feature that ranks the most…
Markit Hub Adds Roubini Economic Data
Markit has added economic research and analysis from Roubini Global Economics (RGE) to its Markit Hub research platform, which aggregates research, analysis and news from banks, data vendors and news providers.