News
O'Donovan Joins Legal and General IM as CDO
Diarmuid O'Donovan has joined Legal and General Investment Management as chief data officer, where he will be responsible for building a data management office
AlgoSpan Connects to The Order Machine
Market infrastructure provider AlgoSpan has now connected to The Order Machine (TOM) and all TOM MTFs (Multilateral Trading Facility) through AlgoNet.
CLS Opens Further Asia Presence
CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.
Vermilion Moves Boston Office
Vermilion Software has relocated its presence in Boston, Mass. to a larger office, in recognition of its growing client base in the region.
MarketPrizm Builds HKEx Co-Lo Hub
The Colt-owned trading and data infrastructure provider has begun providing data and infrastructure to trading firms hosted in the HKEx’s new co-location facility , as well as access to data from other major exchanges.
Swan Wealth Advisors Takes Omex for Order Routing
The buy-side risk management specialist, with $850 million assets under management and based in Durango, Colorado, will use Omex's execution platform for implementing options strategies across its multiple custodians and sub-accounts.
Liquidnet Expands Suite of CMS to Europe Members
Trading network Liquidnet has announced the expansion of its commission management services (CMS) to members in Europe in order to reduce conflicts between best execution and commission payments, and increase transparency.
SmartStream Hires Maligi In Bangalore
The software provider has named Ranganath Maligi head of data operations in its new Bangalore office
FCA Appoints Investment Supervision Chief
The UK Financial Conduct Authority (FCA) has announced the appointment of William Amos as the director of its wholesale banking and investment management division.
ISE Launches Gemini Options Exchange
The International Securities Exchange (ISE) has announced the successful debut of Gemini, its second exchange for US options trading.
Turquoise Hires Barnes for CEO Role
Turquoise, the multilateral trading facility (MTF) owned by the London Stock Exchange Group, has announced that former UBS MTF CEO Robert Barnes will join the platform business as its chief executive.
ROC Rule Changes Force Purge Of CICIs
The Regulatory Oversight Committee's pre-LOU guidance spurs Swift and the Depository Trust and Clearing Corporation to remove 18,000 CFTC Interim Compliant Identifiers that do not meet requirements
eVestment Unveils New Attribution Platform
Analytics provider eVestment has launched a new attribution platform, eVestment Attribution, which will provide asset managers with insight into how portfolio returns are generated.
Bloomberg Integrates LCH.Clearnet's Swaps Margin Calculator
Bloomberg's Professional Service can now directly access LCH's SwapClear Margin Approximation Risk Tool (SMART) to determine capital funding requirements for swaps.
LSE Goes Live with Pre-LOU
The London Stock Exchange has become the fourth organization to launch a pre-Local Operating Unit that will allocate pre-Legal Entity Identifiers and include a process of entity validation, duplication prevention and entity eligibility checks
Open Platform: ‘As-a-Service' Should Come ‘As Standard' for Market Data
As firms wrestle with the opposing forces of reducing spend while increasing the performance of market data service to the enterprise, the reluctance to adopt an aggressive strategy to tackle the volatile market may be costing you more than you can…
Fidelity Sells Asset Control To Marlin
Marlin Equity Partners has acquired the data provider, paving the way for strategic planning to continue at Asset Control