News
Citi Opens ‘Open' to Client Base, Improves Order Entry and SOR
After working with its buy-side clients and vendors, Citi made several announcements today: It will now make available its Citi Open algorithm to its entire client base; it has enhanced its Citi Close algorithm; it has redesigned its global order-entry…
SIX Names New Chairman
Alexandre Zeller, previously CEO of a Swiss unit of HSBC, succeeds Peter Gomez as chairman of SIX, the parent company of SIX Financial Information
New Vernon Capital Moves to Gravitas Cloud
Jersey City-based asset manager New Vernon Capital has migrated its infrastructure to Gravitas Private Cloud.
CQG Lowers Latency on Deutsche Börse Event-Driven Trading
Denver-based vendor CQG has partnered with Deutsche Börse to provide automated, event-driven trade execution via the AlphaFlash Trader application through the CQG Integrated Client and CQG Trader application programming interfaces (APIs).
PEAK6 Chooses SunGard for Investment Management
PEAK6 Advisors, a Chicago-based asset manager specializing in alternative investments, has gone live with SunGard's Front Arena and Monis solutions for portfolio and risk management, valuations and trade processing.
NLX Gains Regulatory Approval for Launch
Nasdaq OMX NLX and LCH.Clearnet have announced that they have received the prerequisite regulatory approval to launch trading and clearing on the new NLX derivatives venue, commencing Friday May 31.
EDI, OTC Markets Group Partner On Corporate Actions
The data vendor and operator of marketplace platforms have teamed up to provide corporate actions data on companies trading on OTC Markets Group's OTCQX, OTCQB and OTC Pink marketplaces
Xenomorph Uses Windows For Cloud Deployment
The analytics and data management technology vendor is responding to clients who have successfully deployed its TimeScape product on-site, but now want to move the infrastructure offsite to simplify its management
JC Rathbone Taps Quantifi for CVA Analytics
The risk management and advisory services consultancy firm, JC Rathbone Associates (JCRA), has selected Quantifi’s credit valuation adjustment (CVA) product as its primary solution for counterparty risk analytics.
BI-SAM to Expand Asia-Pacific Operations
Paris-based vendor BI-SAM is expanding its operations in Asia-Pacific to support the growth occurring in the region.
Interbolsa Takes Swift VAN for T2S
Portugal's central securities depository (CSD) operator, Interbolsa, has signed on for Swift's value added network (VAN), a key aspect of connectivity to the Target2-Securities (T2S) platform
Cleartrade Exchange Launches Reporting Service for OTC Derivatives
Cleartrade Exchange (CLTX) has launched a third-party reporting service, through an electronic connection to the swap data repository (SDR) owned by the Depository Trust & Clearing Corporation (DTCC).
KPMG Selects SunGard’s Adaptiv to Help German Clients with CVA
KPMG has selected SunGard’s Adaptiv Analytics to support its German clients with assessments of credit valuation adjustment (CVA), and derivatives exposures for default-risk steering and regulatory capital calculations under Basel III.
Nasdaq Banks on Mid-East Sukuk Platform
Nasdaq Dubai is preparing to launch a platform dedicated to the trading of Islamic bonds, known as sukuk, and conventional bonds.
Inside Market Data Hall of Fame: Barry Raskin, 'The Builder'
Barry Raskin, President, SIX Financial Information USA