News
Mittiga Joins Wipro as Senior Advisor
Outsourcing service provider Wipro Technologies has hired Paolo Mittiga, a veteran industry technology executive, as senior domain advisor in New York
HKEx Completes LME Acquisition
Hong Kong Exchanges and Clearing (HKEx) has completed its acquisition of the London Metal Exchange (LME), closing with the full acquisition of issued ordinary share capital in the UK-based bourse.
LMAX Exchange Joins Equinix Data Center
LMAX Exchange, a multilateral trading facility for spot foreign exchange (FX) trades, has chosen Equinix's London LD4/5 data center in Slough as the hub for its operations.
Two More Quit in SEC Exodus
The US Securities and Exchange Commission announced last night that two more senior officials would be leaving the regulator.
Ethernet Tech Vendor Emulex Buys Endace for Network Monitoring Play
Acquisition values Endace at $130 million, and is expected to close in early 2013
Sun Trading Expands with Kx Database
Chicago-based proprietary trading shop Sun Trading will use Kx Systems' kdb+ for time series analysis and real-time capture of quantitative trading data.
FHLB Topeka Adopts Principia for Valuation
The Federal Home Loan Bank of Topeka (FHLB Topeka) has signed up to access Principia's web-based derivatives valuation and risk analytics platform.
ADS Securities Deploys FlexTrade
Abu Dhabi-based foreign exchange (FX) platform provider has rolled out FlexTrade's Orex system to support its institutional and professional client base.
UBS, HSBC Complete RMB Repo with Euroclear
UBS and HSBC have completed their first cross-border renminbi triparty repo, using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral agents.
SunGard Supports NLX Through Stream Derivatives Suite
SunGard will support trading on the new London interest-rate derivatives venue, Nasdaq OMX NLX, through its Stream Derivatives suite.
Mobile Initiatives, Increased Regulation and Big Data on the 2013 Radar
Three issues ─ mobile initiatives, the specter of increased regulation, and the challenges and business opportunities around Big Data ─ dominated discussions during yesterday’s annual Waters USA conference in Manhattan, suggesting these concerns are…
Waters Announces 2012 American Financial Technology Awards Winners
Last night, Waters hosted the eighth annual American Financial Technology Awards banquet, following the Waters USA conference, at the New York Marriott Marquis in Times Square.
PJM Adopts Tethys EMS
PJM Capital, a Potomac Falls, Virginia-based quant hedge fund, has gone live with TethysEMS, the algorithmic trading platform from Tethys Technology, and will deploy it over TethysCloud.
OpenFin Launches HTML5 Desktop for Trading Applications
OpenFin, a New York-based technology vendor founded in 2010, has launched OpenFin Desktop for the deployment of trading applications using HTML5.
HSBC Exec: "Regulations Require 10 New Data Types"
Chris Johnson of HSBC Securities Services has identified 10 new types of data that will be required by upcoming regulations and says firms must start asking vendors for the data so they will have business cases to create appropriate products
StreamBase's Tibbetts: Capital Markets Firms "Well Placed" to Derive Value from Big Data
Victor Anderson speaks to Richard Tibbetts, CTO of StreamBase, at this year's New York-hosted Waters USA conference.
Fidessa Promotes Smart Approach to Tech Investment in White Paper
Trading technology vendor Fidessa has published a white paper that urges large-scale financial institutions to adopt a nuanced approach to in-house development of technology.