News
Rimes Adds Bloomberg Open Symbology to Data Service
Bloomberg tickers will now be fields in Rimes Technologies' benchmark data offering, and Bloomberg security identifiers are now live on Rimes' data service, giving Rimes users more information overall
Wall Street Systems Takes Control of IT2 Treasury Systems
Wall Street Systems has acquired total share ownership of IT2 Treasury Systems, a provider of treasury management software, from CapMan Technology.
Integral Co-Founder Joins EBS
EBS, the electronic foreign exchange (FX) platform from UK-based interdealer broker ICAP, has appointed Viral Tolat as CTO, based in New York.
Seeman Assumes CEO Role at Cutter
Tom Seeman has assumed the roles of CEO and majority owner of Cutter Associates, the Boston-based research, consulting and benchmarking outfit serving the global asset management industry, according to Mark Bobseine, founder and former head of the firm.
ESMA, EBA Recommend Euribor Rate-Setting Revamp
The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have penned a set of new proposals for improving the process by which the Euro Interbank Offered Rate (Euribor) is decided.
Tora Upgrades Algo Development Suite
Asia-focused trading technology vendor Tora has announced that its Algorithmic Trading Development Toolkit (ATDT) has been upgraded with Pairs Trader, for pairs trading across multiple counterparties.
Advantage to iLevel for Portfolio Monitoring
Private equity firm Advantage Capital Partners has selected asset management technology vendor iLevel Solutions for its portfolio monitoring requirements.
Fiserv Upgrades TradeFlow for Post-Trade Processing
Fiserv, a technology vendor based in Brookfield, Wisconsin, has upgraded its TradeFlow post-trade processing offering.
Feingold Lands Global Head of Sales Post at Paladyne
New York-based buy-side technology specialist Paladyne Systems has appointed Jim Feingold global head of sales, while joining the sales and business development team are Devani Maijala, Lisa Zippelius and Michael Conti.
BATS Admits Price Execution Error
BATS Global Markets has notified its customers that a system error dating back to 2008 may have resulted in the execution of a multitude of trades at prices lower than the national best bid and offer (NBBO).
Euroclear and Citi Partner for Collateral Management
Euroclear Bank and Citi have announced that they will collaborate on a collateral arrangement that allows mutual client assets held at the latter to be used through the former's tri-party services.
Khuzami Quits as SEC's Top Cop
The US Securities and Exchange Commission (SEC) announced last night that Robert Khuzami, its director of enforcement, would be leaving the regulator after nearly four years of service.
RTS Joins NLX Bandwagon as Nasdaq OMX Platform Nears Launch
RTS Realtime Systems Group has become the latest trading technology provider to offer connectivity to NLX, Nasdaq OMX's new London-based interest rate derivatives market.