News
Celoxica Launches FPGA-Powered Futures Platform
Market data and order entry systems vendor Celoxica has launched its new futures trading platform for US and European markets.
InfoReach Enhances Risk Tool
New York-based trading platform provider InfoReach has enhanced its risk limits tool, available as part of its trade management system or as a separate module.
Davies Takes Over Avox With Core Focus
Mark Davies, an executive at the DTCC, has succeeded former CEO Ken Price at the DTCC-owned reference data provider
Numerix Adds Multi-Curve Modeling Functionality
Cross-asset analytics provider Numerix has announced enhanced multi-curve modeling capabilities for Portfolio, its trade capture application.
Tokyo and Osaka Bourses Merge as Japan Exchange Group
The Tokyo Stock Exchange (TSE) and Osaka Securities Exchange (OSX) have merged their operations under a new holding company, the Japan Exchange Group.
iTB, BGC Pair on Electronic Treasuries Access
The institutional fixed income software provider says its clients can now connect directly to BGC's US government bonds trading platform, eSpeed.
Basel Committee Proposes Basel 2.5 Revisions
The Basel Committee on Banking Supervision has set a March 15 deadline for comment on two new securitization hierarchies
UBS Stung with Record Fine for Libor Manipulation
Swiss bank UBS has been fined £160 million, approximately $311 million, by the UK Financial Services Authority (FSA) for misconduct relating to the improper fixing of the London and European Interbank Offered Rates (Libor, Euribor).
Options IT, Advent Agree on IaaS Partnership
The private cloud provider, now known simply as Options, will host Advent's Geneva solution on its Options PIPE platform.
MarkitSERV Expands Ice Clear Credit Connectivity
MarkitSERV, the electronic trade processing service for over-the-counter derivative transactions, has enhanced its connectivity and trade management support for buy-side clearing of credit default swap (CDS) transactions at ICE Clear Credit. The first…
Abacus Delves Into the Voice World
Abacus, a provider of hosted IT solutions for hedge funds and private equity funds, today unveiled AbacusVoice, a voice solution in which call traffic is routed over a secure network and sheltered from traffic disruption.
Swiss Private Bank Takes Xpressfeed
Gonet & Cie has begun using the S&P Capital IQ data platform, on the strength of its ability to link through the AIM Software GAIN package the bank already uses
Okasan Signs Fidessa for Prop Trading
Japan-based Okasan Securities has selected Fidessa's Japanese trading platform for its proprietary business.
Tiny UAT Hooks Bloomberg to Back Commission Savings Software
Tom Warren's goal was to build something that would save US shareholders $1 billion a year. On its own, the commission savings software he created with UAT co-founder Allan Chiulli might not have reached that mark. With Bloomberg's name behind it, it may…