News
Calastone Opens Zurich Office, Appoints Swiss Sales Director
Vittorio Pujatti has been appointed director of Swiss sales and business development at Calastone and will be responsible for building on the 10 clients the fund transaction network provider already has in the country
IPC Shifts Models with Managed Services Introduction
Trading communications technology provider IPC has developed a new dedicated business unit with 50 staff, which will cover a range of functions from monitoring and voice recording analytics to incident management.
Squawker Selects BNP Paribas for Settlement Role
Block-negotiation venue Squawker has announced that BNP Paribas Securities Services will serve as its central settlement provider, ahead of a planned launch in April.
ASIC: HFT Not to Blame for Price Swings
The Australian Securities and Investments Commission (ASIC) has denied that high-frequency trading (HFT) is damaging the quality of the markets in Australia and instead blamed dark liquidity for negatively impacting prices.
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.