News
Sunstate Bank Taps SS&C for Fixed Income Trading
Sunstate Bank, which is headquartered in Miami and has $164 million of total assets, is extending its partnership with SS&C Technologies to support fixed income trading.
HKEx Data Goes Live on NYSE SuperFeed
NYSE Technologies, the data and technology arm of NYSE Euronext, is making consolidated market data from Hong Kong Exchanges and Clearing's new Orion Market Data platform-which utilizes underlying technology from NYSE Technologies-via NYSE Technologies'…
'Human Error' Blamed for Nasdaq Index Outage
Human error forced Nasdaq OMX to halt trading for a number of derivatives contracts linked to its Nasdaq 100 Index (NDX) earlier today, Tuesday Oct. 29, after the exchange's Global Index Data Service (GIDS 2.0) failed to disseminate values for about 45…
Eze Castle Integration Updates Disaster Recovery Service
Exactly one year after Hurricane Sandy's crash into the US Atlantic coastline, the managed services provider to hedge funds says its disaster recovery (DR) offering has been upgraded.
Chinese Exchange to Cooperate with Nasdaq
Shanghai-based China Financial Futures Exchange (Cffex) and the Nasdaq OMX Group have signed a memorandum of understanding (MOU) at the World Federation of Exchanges’ annual meeting to strengthen cooperation and promote mutual development.
BT Nabs MarketPrizm CEO Randery
Network and telecoms provider BT has appointed Tanuja Randery president of strategy and marketing at BT Global Services, responsible for driving the growth of the division.
BT Hires MarketPrizm CEO
Tanuja Randery, CEO at MarketPrizm, has left the Colt subsidiary to take up the post of president, strategy and marketing, at BT Global Services.
BNY Mellon Unveils Fund Liquidity Aggregator
BNY Mellon has launched a new risk and collateral management solution called Liquidity Aggregator, which will be incorporated into the firm's Collateral Universe suite of products.
Electra, Eagle Form Strategic Alliance
Software provider Electra Information Systems is partnering with Eagle Investment Systems. Through the alliance, three of Electra's solutions will be directly made available to Eagle's buy-side clients.
Options, Redline Expand Partnership
Cloud provider Options has expanded its partnership with market data provider Redline Trading Solutions to offer a fully managed ticker plant for options and equities trading.
Options, Redline Ally For Managed Ticker Plant Service
Hosted infrastructure and private cloud provider Options (formerly Options IT), has expanded its partnership with low-latency market data provider Redline Trading Solutions to provide customers with a fully managed ticker plant for options and equities…
NanoSpeed Launches High-Performance FPGA Trading Gateway
London-based hardware provider NanoSpeed has launched an ultra-low latency trading gateway, dubbed Nano-TG, targeted at investment banks, prop traders, hedge funds, exchanges and other financial institutions.
SocGen Transfers Securities Operations to Accenture Post-Trade Processing Platform
Accenture has announced that Société Générale Corporate and Investment Banking (SG CIB) has begun the transfer of its securities processing back-office operations to the Accenture Post-Trade Processing system, a service launched by Accenture and…
HFN Completes Network Upgrade, Touts Performance Improvements
Paramus, NJ-based network provider Hudson Fiber Network has completed a major upgrade to its fiber network in the New York/New Jersey metropolitan area, enabling the vendor to improve the performance on all its routes between the region's major financial…
NanoSpeed Launches FPGA-Enabled Gateway
The customizable Nano-TG trading gateway will build off the London-based hardware provider's earlier field programmable gate array (FPGA) expertise.
GFI Adds Next-Gen Exotic Pricing Models to Fenics
London-based interdealer broker GFI has launched a new version of its Fenics FX options pricing and risk tool with enhanced mathematical models, including a Local Stochastic Volatility (LSV) pricing model to enable users to price complex exotic options,…
ITRS Raids Fidessa for Senior Sales, Biz Dev Hires
UK-based real-time systems and latency monitoring vendor ITRS has hired Angie Walker as global head of sales and Ian Salmon as global head of business development. Both join from UK trading technology provider Fidessa, where Walker was enterprise sales…
Oslo Børs Readies T+2 for 2014
Oslo Børs VPS has announced that it will move settlement to a T+2 basis, or two days after trade, in line with regulation and investor requests, effective from October 6, 2014.
Brazil's CGD Securities Taps Valdi for Market Access
CGD Securities, a Brazilian division of Portugese bank Caixa Geral de Depósitos, has selected SunGard’s hosted Valdi solution for access to the BM&FBovespa financial markets.
S&P CapIQ Adds Credit Risk Indicators to XpressFeed
S&P Capital IQ is planning to make its entire universe of pre-scored point-in-time, short- to mid-term and long-term credit risk indicators for financial institutions and non-financial corporates available via its XpressFeed data platform.
TR Adds ‘Chat to Email’ to Messenger
Thomson Reuters has added a new feature, dubbed Chat to Email, to its Eikon Messenger messaging tool, to enable users to send instant chat messages to the email addresses of non-Eikon Messenger users.
CQG Readies QTrader Entry-Level Data-Trading Workstation
Denver, Colorado-based data, charting and trading technology provider CQG is preparing to unveil a new, low-cost data and trading terminal, dubbed QTrader, aimed at semi-professional futures traders and the futures commission merchants that serve them.
Northern Trust Creates iPad App for Institutional Clients
Chicago-based Northern Trust has unveiled a new Apple iPad application that will give institutional clients access to performance, exposure and risk information.
NetDania Preps Trading-Data FX Workstation
Danish foreign exchange data display and technology provider NetDania is preparing to roll out a trading-enabled version of its NetStation data and analytics workstation, which will allow retail brokerage firms to white-label the platform as a trading…