News
CounterpartyLink Releases KYC Compliance Index
Legal entity intelligence firm CounterpartyLink, also known as CPL, will make a know-your-client (KYC) compliance index, as well as deeper beneficial ownership information to 10 percent levels, available on its web-based service, CPL Online.
Fidelity Unveils Buy-Side Execution Venue, Plans Dark Pool 'Scorecard'
Fidelity Capital Markets, the institutional trading division of Fidelity Investments, has launched a new execution venue dubbed the Block Liquidity Opportunity Cross, or BLOX. The venue is a carved-out section of CrossStream, the firm's alternative…
Sapient Approved as Eris Training Partner
Boston-based Sapient Global Markets has been certified as an Implementation Partner by Eris Exchange, the Chicago-based futures exchange aimed at the OTC derivatives market.
Nasdaq OMX Acquires 25 Percent of TOM
Nasdaq OMX has acquired 25 percent of The Order Machine (TOM), a Dutch cash equities and equity derivatives trading venue.
Citi Joins with Tradable for FX
Foreign exchange (FX) platform Tradable has announced a partnership with Citi, which will allow brokers on its platform to transact with the bank through its CitiFX TradeStream.
Iowa BD Turns to SunGard for Social Media Surveillance
Iowa-based broker-dealer Berthel Fisher & Company Financial Services announced today its adoption of SunGard's Protegent Social Media Surveillance for regulatory compliance and monitoring of its advisors' online activity.
Clarke’s Tenure at Man to End; COO Roman will Take Over
Man Group has announced it will replace chief executive officer Peter Clarke, who had been in the job since 2007, with Emmanuel "Manny" Roman. Roman is the firm's chief operating officer and joined Man after it acquired hedge fund GLG Partners in 2010.
IPC Survey Reveals Tech Spend Shifting to Cloud, Away from HFT
Of over 120 respondents to a survey by communications technology vendor IPC at the Futures Industry Association (FIA) Chicago event, three out of four say technology spend will increase in 2013, driven mostly by a pursuit of increased efficiency, with…
SIX Swiss Exchange Appoints Urs Widmer COO
SIX Swiss Exchange has appointed former AXA Winterthur CEO Urs Widmer as its COO.
Pricing Providers Prepare For IFRS 13
A more sophisticated definition of fair value pricing under a new international standard taking effect January 1 requires providers to tie together more details in their services
Xenomorph, Numerix Pair on Derivatives Trade Pricing
The providers of data management and derivatives valuation analytics say users of Numerix's Portfolio solution will now have integrated access to Xenomorph's TimeScape system, forming a complete risk management function.
IPC Survey: Firms to Raise Data Spend, Target Social Media Data in 2013
Integration, new data sources top firms' data spend priorities for next year, according to a survey by IPC.
‘Ambr’ Brings Glow to Muni Bond Data
New tool will provide one-click access to detailed data on municipal bonds.
FOA Hires Stromberg in Senior Regulatory Role
The Futures and Options Association (FOA) has announced the appointment of Natasha Stromberg as a manager for regulation.
CME Clearing Europe Joins Euroclear's Collateral Network
Chicago Mercantile Exchange (CME) Clearing Europe has become a member of Euroclear Bank's Collateral Highway, which facilitates processes such as tri-party collateral management through operating agreements.
SuperDerivatives Aims to Shake Up Display Market with Low-Cost Alternative, App Store
DGX marks SuperDerivatives' entry into the data terminal business, leveraging its expertise in pricing and real-time data.
OpenGamma Poaches Calypso's Nakachi for COO
In addition to handling operations, Mas Nakachi will lead the New-York base of operations.
OpenGamma Preps Hosted Data, Analytics
Managed service version of OpenGamma's risk analytics infrastructure will target smaller firms with fewer technology resources.
