News
SunGard Extends FoxRiver Algo Suite to Japanese Equities
SunGard Financial Systems has extended the international reach of its Fox River algorithm suite to support trading in the Japanese equities market.
Orc Americas Appoints Jeremie Bacon as President
Stockholm-based technology and services provider Orc Software has named Jeremie Bacon as new regional president to consolidate the firm’s growth strategy in the Americas region.
S&P Capital IQ Extends QuantLINK Solution to HKEx
S&P Capital IQ’s Real Time Solutions has extended QuantLINK, its high-performance global trading infrastructure and co-location hosting service, to the Hong Kong Exchange's (HKEx) datacenter to capture the growth still occurring in the region.
Gill appointed CEO of Millennium IT
Trading technology firm Millennium Information Technologies (MillenniumIT) has appointed Mack Gill as its new CEO to support the firm's global expansion.
Temasek Officially Takes Stake in Markit
The deal signed by the Singaporean sovereign wealth fund, which had been speculated upon for a couple weeks, was previously reported by the Financial Times and Reuters to be worth about $500 million, with the stake bought from existing investment banking…
Hoppe Joins b-next
Market surveillance and compliance software provider b-next has added Stefan Hoppe as a sales manager.
RSJ Implements Kx Systems' kdb+
The Prague-based proprietary trading shop, among the leaders in derivatives trading on NYSE Liffe, will use Kx's database and time-series analysis platform to support modeling for its algorithmic trading systems.
Data Centralization Key to Effective Compliance, CTOs Argue
Panelists at the Buy-Side Technology European Summit 2013 in London debated growing levels of transparency and reporting required by regulatory agencies and clients, saying that in order to stay compliant, a thorough data strategy was essential to any…
Man Group's Wright Says CIO, CDO Roles Should be Linked
The roles of chief information officer (CIO) and chief data officer (CDO) should be one and the same, according to Man Group's Mike Wright, global head of technology, in delivering the keynote address at the Buy-Side Technology European Summit 2013 in…
GFI Builds Out SEF, DCM Capacity with Violin Memory
Wholesale brokerage and electronic execution provider GFI will deploy Violin's solid-state Flash Memory Arrays for increased speed and capacity across all its trading platforms.
Young Departs From Bloomberg
Stanley Young has ended his time as CEO of enterprise products and solutions at Bloomberg, just short of one year in the role.
Aquis Exchange Teams with FixSpec for FIX Certification
Aquis Exchange, a proposed pan-European equities trading exchange, has teamed up with FIX certification and connectivity provider FixSpec to allow prospective Aquis members to access its online automated certification platform.
Misys Rolls Out Sophis Value, Version 5
Software provider Misys has unveiled version 5 of its portfolio and risk management platform, Sophis Value. This upgrade includes an updated user interface and has more functionality for risk management.
SunGard Consolidates Protegent into Single Platform
SunGard has announced the integration of its various Protegent market surveillance products into a single platform, to provide a consolidated view for compliance officers across a firm.
The Order Machine Moves from Stockholm to London
Derivatives trading platform, The Order Machine (TOM), has moved its matching engine from Stockholm and is now operating from London, to better service UK-based interest.