News
DTCC Files Legal Challenge to CFTC's Swap Reporting Rules
The New York-headquartered company says the regulator has introduced anti-competitive rules that will increase costs for market participants by allowing clearing houses to control which swap data repositories they report to
Hubert Holmes Joins Interactive Data As Reference Data MD
The former Xignite, Chi-X and Reuters executive has taken responsibility for Interactive Data's Apex platform
Backstop Acquires PerTrac CMS
Backstop Solutions Group (BSG) has announced the acquisition of PerTrac's CMS product line, which provide customer-relationship management tools for institutional, buy-side clients.
Northern Trust Opens Office in Frankfurt
Northern Trust has opened an office in Frankfurt, Germany.
Expanding Structured Finance Footprint, Markit Adds CLO Tranche Pricing
Market data provider Markit will now offer evaluated prices for 5,000 investment-grade collateralized loan obligation (CLO) tranches, rated BBB or better, covering around two-thirds of the overall market.
ConvergEx Readies Electronic Blue Sheet Compliance
ConvergEx Group has announced that its LiquidPoint options trading software will be fully compliant with Electronic Blue Sheet (EBS) requirements in the US, once they come into force on November 1, 2013.
Iyer Joins iLevel
Software product management and marketing veteran Ganesh Iyer joins the Blackstone spin-off after three years at trading communications provider IPC.
SmartStream Adds Swift Support To Make STP Affordable
The software vendor has added support for Swift's Global Electronic Trade Communication system to help users achieve greater levels of automation and focus on exception management
Private Equity Players Launch Data Alliance with AltExchange
The new group's aim is to develop an open-standard, three-tiered, XML-based format as well as a new validation platform for private equity, with initial technology backing provided by a mainstay provider in the space, eFront.
Pershing's NetX360 Available on Surface Pro
The broker-dealer and advisor solutions arm of BNY Mellon has augmented its NetX360 advisor platform to run on Microsoft's Surface Pro tablets via the Windows 8 Pro operating system.
Broadridge Debuts Swift Trade Confirmation Product
Broadridge Financial Solutions has announced the launch of its service for Swift Global Electronic Trade Confirmation (GETC), allowing institutional brokers a higher degree of automation when dealing with buy-side clients.