News
ASX Launches Low-Latency Network Through BT Radianz
The Australian Securities Exchange (ASX) has launched a low-latency network through BT Radianz to improve global connectivity to its trading platforms.
MAVCAP Taps eFront for Portfolio Management
Malaysia Venture Capital Management Berhad (MAVCAP), a government-owned venture capital company, has software vendor eFront to manage its portfolio.
National Bank Financial Activates Orc for Canadian Algo Trading
National Bank Financial (NBF), a wholly owned subsidiary of the National Bank of Canada, has extended its use of technology from Orc by offering clients algorithmic trading in Canadian markets.
IntraLinks Unveils Investor Portals for Alternatives
The content management provider is set to unveil the new solutions at upcoming conferences in Berlin and New York.
Torstone Adds OData Interface For Analytics, Reporting
Torstone Technology, a London-headquartered provider of securities and derivatives processing software, has released the Open Data Protocol (OData) interface for improved analytics and reporting capabilities.
Cates Joins Rule Financial
Rule Financial, the London-based provider of advisory, business consulting, IT and software services to the investment banking community, has appointed Emily Cates as a principal consultant in the firm's Domain Group.
Tanius Adds Rapid Addition's Connectivity, Trading Tech
Alamo, CA-based Tanius Technology, a 15-person proprietary trading firm that trades primarily commodities and bonds using algorithm-based strategies, is using Rapid Addition's FIX engine and its Chicago Mercantile Exchange (CME) feed-handler products to…
Eurex Handed Keys to South Korean DMA
Eurex Exchange has received approval from the South Korean Financial Services Commission (FSC) to offer direct market access (DMA) in South Korea.
FIX Protocol Pens Electronic Bonds Trading Best Practices
FIX Protocol (FPL), the industry standards organization for global electronic trading, has released a new set of guidelines for best practices in electronic bonds trading.
Options to Open Chicago Office
Options, a private cloud provider, will open an office in Chicago on March 1 to serve regional clients, as well as communicate with proprietary trading firms in the area.
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.