News
OTC Reporting Rules Commence in Europe
Tough new rules on the levels of disclosure required for over-the-counter (OTC) derivatives trades begin in Europe today, aimed at bringing transparency to a formerly opaque market.
Cumberbatch Leaves Interactive Data After 15 Years
Bob Cumberbatch left the data vendor at the end of February and is planning to work either independently or as part of a consultancy to help firms manage regulatory and compliance projects
Lombard Risk, AcadiaSoft Embark On Collateral Management Alliance
London-based Lombard Risk Management and AcadiaSoft, a provider of collateral management technology and services based in Pembroke, MA, have announced an electronic collateral messaging collaboration.
ASIC Proposes OTC Trade Repositories
The Australian Securities and Investments Commission (ASIC) has released a consultation paper proposing the establishment of a trade repository regime for over-the-counter (OTC) derivatives.
Swift Opens Kuala Lumpur Office
Financial messaging provider Swift has opened a new office in Kuala Lumpur.
US Banks to Support LME Self-Clearing Platform
The London Metal Exchange (LME) has announced that Citi, JPMorgan and Bank of America Merrill Lynch (BAML) will provide infrastructure to its LME Clear platform.
Interactive Data Launches Taxation List Service
The data vendor is helping its customers comply with new taxes on financial transactions by supplying daily updates on the securities that are affected
Torstone Upgrades Inferno Product For Transaction Taxes
The software vendor has introduced new rules to its post-trade processing product to help firms manage taxes on financial transactions that are being introduced in Europe
DGCX Launches New Trading Platform
The Dubai Gold and Commodities Exchange (DGCX) has announced that the EOS Trader Platform has gone live, completing its planned technology upgrade schedule.
Bombay Exchange and Eurex Reach Tech Sharing Pact
Eurex Group and the Bombay Stock Exchange (BSE) will deepen their strategic partnership through a long-term technology alliance under which BSE will join the Eurex technology roadmap and deploy Deutsche Börse Group's trading architecture in a first step.
Trading Technologies Links to GovEx
Trading Technologies (TT) says it will connect with GovEx, a flexible execution platform for US Treasuries and part of State Street's eExchange offering, in the first half of this year.
FinAnalytica Rolls Out Enhanced Cognity Platform
The latest version of FinAnalytica’s Cognity Platform includes functionality for daily updates, the inclusion of liabilities and leverage from long and short positions in optimization calculations, expanded coverage of exotic foreign exchange (FX)…
Gensler Rebuffs Regulatory Reach Critics in FIA Keynote
US Commodity Futures Trading Commission (CFTC) chairman Gary Gensler has defended elements of the Dodd-Frank Act over perceived extra-territoriality, in his keynote address to the Futures Industry Association's (FIA) annual conference in Boca Raton,…
Torstone Readies Inferno for FTT
London-headquartered Torstone Technology has announced that it has prepared its Inferno post-trade processing solution for Financial Transaction Tax (FTT).
Singapore, Korea Exchanges Collaborate for OTC Clearing
The national exchanges of Singapore and Korea are collaborating on the development of clearing capabilities for over-the-counter derivatives.