News
Orange Sells Trading Solutions Business to Gores Group
The Gores Group, a US-headquartered private equity firm, has announced its acquisition of the Paris-based provider of voice and electronic trading infrastructure, Orange Business Services ─ Trading Solutions, a subsidiary of France Télécom-Orange.
NYSE-ICE Acquisition Proposal Gains Shareholder Approval
Shareholders in NYSE Euronext have approved the acquisition of the stock exchange giant by IntercontinentalExchange (ICE), one of the first steps in the formalization of an entity that spans equities, commodities and derivatives trading.
Another Poll Indicts Buy Side on Central Clearing
As of March, a majority of buy-side firms were still not ready to centrally clear over-the-counter (OTC) derivatives, according to a poll by SimCorp, a Copenhagen-based software provider.
Nasdaq to Monitor Performance With Corvil
Nasdaq OMX continued the evolution of its operational risk management tools and its relationship with Irish performance monitoring specialist Corvil with its implementation of CorvilNet. By providing greater visibility into trading events, CorvilNet will…
Nasdaq Completes Purchase of Thomson Reuters Businesses
Nasdaq OMX has completed its acquisition of Thomson Reuters' investor relations, public relations and multimedia solutions businesses, which will be integrated with Nasdaq's global technology solutions business.
Nomura Turns to NRI for Mobile CRM
Nomura Securities has implemented the customer relationship management (CRM) solution for mobile devices from Nomura Research Institute (NRI), an unaffiliated Japanese vendor.
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.