News
Ex-Tradeweb, Benchmark Solutions CEO Toffey Joins GFI
James Toffey, who founded Tradeweb and later worked with private equity firm Warburg Pincus to build short-lived fixed income pricing provider Benchmark Solutions, will head up the interdealer broker's electronic markets in cash, derivative instruments,…
SIX Announces Departure Of CEO
Thomas Gross left SIX Financial Information on June 5 after serving as CEO for four years
Misys Global Risk to Launch New Risk Tool
Software vendor Misys has launched its new risk-management solution, Misys Risk Insight, a centralization tool for risk information.
Wood & Co Financial Services Joins SunGard Global Network
Prague-based broker Wood & Company Financial Services has joined the SunGard Global Network (SGN) to facilitate trading in Central and Eastern Europe and support growth.
FPL Releases HFT-Specific FIX Working Document
Fix Protocol Limited (FPL) has announced a new version of the Financial Information Exchange (FIX) language specific to high-frequency trading (HFT), inviting its member organizations to participate in a working document review.
Gottex Brokers Opens London Office
Interdealer broker Gottex Brokers has announced the launch of its London office, along with a raft of new hires in its credit team.
Object Trading to Provide DMA to Dubai Exchange
Object Trading's flagship direct market access suite FrontRunner is now live with clients connected to the Dubai Gold and Commodities Exchange (DGCX), and is available to provide direct market data and risk-managed trade execution.
Nasdaq OMX Launches Derivatives Venue NLX
Nasdaq OMX is today launching NLX, its new London-based derivatives market after it received regulatory approvals and announced its initial participating institutions.
Newedge Deploys Succession Systems for Pre-Trade Risk Management
Broker-dealer Newedge has rolled out Succession Systems’ TripleCheck product, ahead of the May 31 deadline for entities trading in Canada to comply with Investment Industry Regulatory Organization of Canada (IIROC) rules regarding automated trading risk…
Exit Stage Left For JPMorgan CIO Chiarello
JPMorgan CIO Guy Chiarello is stepping down, according to an internal memo circulated within the bank and seen by the Wall Street Journal.
Rimes Launches Managed Reference Data Service
The managed data services provider has applied tools and techniques from its Benchmark Data Service to reference and security master data, creating a new offering aimed at managing costs and following regulations
RMS, Eqecat Sign Data Standardization Agreement
The pair of competing specialist modeling vendors for insurance-linked securities (ILS) like catastrophe bonds have come together to harmonize their exposure data schema.
Clearstream Nudges DVP Settlement in Russia
Clearstream has announced it will deliver its new Russian delivery-versus-payment (DVP) settlement solution later this week, to help accelerate the set-up of an effective post-trade framework in Russia.
Chi-X Canada Launches CX2
Chi-X Canada ATS has announced the successful launch of its second Canadian alternative trading system, CX2.
Nasdaq Fined $10 million for Facebook IPO Failings
The US Securities and Exchange Commission (SEC) has levied a $10 million fine on exchange operator Nasdaq, in response to its system failings while conducting the initial public offering (IPO) for Facebook.
