News
GFI Group Changes CEOs
GFI Group president Colin Heffron will assume responsibility as CEO, effective immediately. A company spokesperson says Heffron was being groomed to take over the role.
Trad-X Launches Dollar Rate Swaps
The hybrid platform for interest rate swap (IRS) trading, jointly operated by a consortium of 11 major banks and managed by interdealer broker Tradition, is set to build off its successful launch of Euro products 18 months ago.
Moscow Exchange Announces IPO
Moscow Exchange has announced the successful pricing of its initial public offering (IPO) in Moscow, which has been set at RUB 55 ($1.83) per share.
NSX Securities Taps Morgan Stanley for Clearing, Order Routing
NSX Securities, the wholly-owned broker-dealer and exchange facility of the National Stock Exchange, has chosen Morgan Stanley to provide its clearing services and outbound order routing.
Linedata Nabs CapitalStream
Linedata has announced it will acquire software platform provider CapitalStream from HCL Technologies.
Sifma Taps Cullen for Corporate Actions Group
Kevin Cullen, communications and marketing director at Information Mosaic, will serve on the Industry Leadership Committee for Sifma's Corporate Actions Section
FISD Wants Data Contracts To Be Crisp
The Consumer Constituency Group of the Financial Information Services Division has begun an initiative for standardization of the language used in data contracts, to prevent different interpretations by end-user firms, data vendors and exchanges
Randall Steps Down as Equiduct CEO
Peter Randall has stepped down as CEO of pan-European trading platform Equiduct.
Mellanox to Provide Server Interconnects for NLX
Nasdaq OMX NLX has selected the InfiniBand solution of Mellanox Technologies, a supplier of interconnect solutions for data centers, as the server interconnect for its matching engines.
FISD Pitches Contract Standards Project
Consumer Constituency Group outlines 10 categories of terms that will form the basis of concise, standardized contract addenda.
NYSE Enters Sentiment Analysis Market with SMA Alliance
NYSE Technologies, the technology division of NYSE Euronext, has partnered with quantitative analytics firm Social Market Analytics (SMA) to provide its customers with access to sentiment analytics that can be integrated within trading algorithms.
Trayport's Davies Blames Regulation for Lack of Exchange Investment
The specter of regulation and its potential to change is preventing exchanges from investing heavily in technology, according to Trayport's James Davies, a panelist at the World Exchange Congress in London on Tuesday.
Panel: Global Regulations a Bumpy Ride for European Markets
Regulations affecting the global markets could negatively impact liquidity, according to panelists who spoke at the Association for Financial Markets in Europe's (AFME’s) European Market Liquidity Conference in London today.
Misys Installs Raja as new CFO
Misys, the London-based sell-side and buy-side technology vendor, has appointed Himanshu Raja as its new chief financial officer.
Live Squawk Enlists Market Chartist for Audio-Visual Analysis
Live Squawk adds technical charts and narration to its offering from research analyst Steve Miley