News
Redline Adds Low-Latency Synthetic Options NBBO
Woburn, Mass-based low-latency ticker plant and trading technology provider Redline Trading Solutions has added support for calculating a synthetic options national best bid and offer within its InRush 3 ticker plant, generating an NBBO from direct…
ASX and NYSE Technologies to Connect Global Networks
The Australian Securities Exchanges (ASX) and NYSE Technologies have announced they have connected their global networks, ASX Net Global and the Secure Financial Transaction Infrastructure (SFTI).
Regis-TR and TriOptima Partner on Portfolio Reconciliation
TriOptima and Regis-TR have announced that they will provide portfolio reconciliation of the latter's trade repository data with that in the triResolve service.
Icap Petitions for SEF Status
London-based electronic broker-dealer Icap has filed an application with the Commodity Futures Trading Commission (CFTC) to establish a swap execution facility (SEF) subsidiary.
Waters: Microwave Gains Ground on Fiber
For market data delivery, transmission of messages using microwave technologies is gaining ground. But firms remain reluctant to adopt the same technologies for trade messaging, citing concerns including reliability, feasibility and the cost versus the…
United Overseas Bank Taps FlexTrade Systems for FX Trading
Singapore-based United Overseas Bank Limited (UOB) has selected FlexTrade Systems to support its global foreign exchange (FX) trading activity.
ICBPI Takes Etrali Open Trade for Comms
Etrali Trading Solutions has announced that Instituto Centrale Banche Popolari Italiane (ICBPI) has taken its Open Trade turret platform, along with a recording solution, for its Milan trading room.
Moscow Exchange Completes First Day of T+2
Equity and bond markets have completed their first day of trading under T+2, or settlement two days after trade date, on the Moscow Exchange.
Siam Bank Selects BWise Platform for GRC
Thailand’s third-largest bank, Siam Commercial Bank (SCB), has selected BWise to support its governance, risk management and compliance (GRC)needs.
Carnegie Chooses Tbricks for Pricing and Market-Making
Swedish investment bank Carnegie has selected automated trading systems provider Tbricks to support its pricing and market-making activities with options and exchange-traded funds (ETFs).
FSB Report Highlights OTC Reform Challenges
The Financial Stability Board (FSB) has released its latest report on the progress of global reform regarding the trading of over-the-counter (OTC) derivatives, saying that important milestones have been reached, but work is still needed from all…
Swift Launches BIC to LEI Directory
The messaging vendor believes providing a directory that cross-references Bank Identifier Codes and legal entity identifiers will facilitate adoption and integration of the latter
Activ Calls on Collins to Drive EMEA, Asia Growth
US-based low-latency data provider Activ Financial has appointed Ben Collins, former global sales and marketing director of Morningstar’s Real-Time data business, as director of EMEA sales, to define the vendor’s business strategy and develop its…
AlphaSense Adds International Filings Search
San Francisco-based AlphaSense, a provider of tools for searching and extracting unstructured financial data from corporate documents and filings, has expanded its indexed content set with international company data in response to client demand for data…
VWD Adds S&P Bond Ratings to Terminal
German data vendor VWD has added credit ratings on bonds from Standard and Poor’s to its Market Manager market data terminal, in response to demand from clients in continental Europe for additional information to support their investment and risk…
Swift App To Help Firms Confirm Trades Electronically
The Affirmations app allows users to view the details of their trades on a single screen, where they can confirm them electronically, as recommended by the European Market Infrastructure Regulation
Wolters Kluwer Completes Svenson Acquisition
Wolters Kluwer Financial Services has announced the completion of its deal to purchase reporting software Svenson, from fellow software vendor SmartStream.
FTSE Readies New Reporting Mechanism
London Stock Exchange Group-owned index provider FTSE is introducing a new reporting mechanism for firms that consume its index data via third-party distributors, requiring firms to be pre-authorized by FTSE to use the data for specific purposes --…
Thomas Gooding to Head Rimes Singapore Office
Rimes, a provider of managed data services for the buy-side, has appointed Thomas Gooding as sales manager for Asia to lead its new office in Singapore.
One CEO Departs at NYSE Liffe, Another Rises
Finbarr Hutcheson, co-CEO of NYSE Euronext's derivatives exchange NYSE Liffe, has been named sole CEO following the departure of longtime executive Mark Ibbotson, his co-CEO.
Rimes Opens Singapore Office
Thomas Gooding has been chosen to head the new office, established to help the managed data services provider build stronger relationships with Asian buy-side firms
