News
Traiana Launches Trade Reporting Connection With LEI Functionality
The post-trade services vendor has launched a connection to trade repositories that helps firms manage legal entity and swap identification requirements
Data Validator Criticizes DTCC's Identifier Database
A Bloomberg data official points to 600 duplicate files—about 1% of the total—in DTCC's database for CICIs, the LEI precursors. DTCC's CDO counters: It's still the most accurate database of its kind
Eka Software Acquires EnCompass
The commodities trading software provider, based in Bangalore, India, says the move will help it provide comprehensive energy trading and risk management (ETRM) support.
Mizuho Chooses Wolters Kluwer For Regulatory Reporting
Wolters Kluwer Financial Services has a data warehouse that consolidates reference, market and counterparty data, and which will enable Mizuho International and Mizuho Corporate Bank Nederland to automate regulatory reporting
Pershing Upgrades CRM with Redtail
Pershing, the broker-dealer and advisor solutions arm of BNY Mellon, will integrate Redtail's real-time client relationship management solution into its NetX360 platform, furthering an ongoing collaboration between the software provider and custodial…
SIFMA Cries Foul to SEC Over UTP Tape C Fee Hike
SIFMA calls on SEC to reject 25 percent Tape C price increase, claims UTP did not follow mandated procedures before raising fees.
Caplin, OpenFin Partnership to Drive HTML5 Adoption
London-based Caplin Systems, a provider of web-based development framework technology, and New York-based OpenFin, a provider of finance-grade runtime technology, have announced an alliance that combines the firms’ offerings with the objective of…
Despite Automation, FX Still a Relationship Game
Panelists at TradeTech Europe, organized by WBR, debated the incorporation of foreign exchange (FX) trading into traditional equities practices today, but said that despite growing trends towards electronic transactions, personal relationships between…
MTS Signs Crédit Agricole for Credit Platform
MTS Credit has announced that Crédit Agricole Corporate and Investment Bank (CA CIB) has become the first prime bank to sign on to its platform for the electronic trading of non-government bonds.
Fragmented Surveillance Approach Superior to Single Source
Panelists at TradeTech Europe, organized by WBR, suggested that multiple levels of trade surveillance were superior than an overall single pair of eyes, when dealing with market abuse.
Two New Brazilian Markets to Surveil with Nasdaq Solution
Brazilian exchange BM&FBovespa (BVMF) has gone live with Nasdaq OMX’s Smarts Integrity market surveillance platform across commodities and futures.
In Mifid II Talks, HFT Curbs Still on the Table
Panelists at TradeTech Europe, organized by WBR, said at the London event today that a range of potential restrictions for high-frequency trading (HFT) are still on the table, when it comes to discussions over the final form of the Markets in Financial…
Fall Aim for Mifid II Agreement
Panelists at TradeTech Europe, organized by WBR, debated the scope of regulatory movements in Europe today, with one representative of the European Commission (EC) stating that the timetable for all discussions around the Markets in Financial Instruments…