News
Chi-X Australia Appoints Market Ops Chief
Chi-X Australia has announced that Jamie Crank has been hired as the Antipodean bourse's head of market operations.
Thomson Reuters Enhances FX Matching Platform
Thomson Reuters has announced "significant" additions to its foreign exchange (FX) matching platform, including a new interface and FIX-based application programming interface (API).
Novia Chooses Calastone for Order Routing, Net Settlement
Wealth management platform provider Novia has chosen Calastone for its order routing and net settlement services.
Behney Leaves UBS for DTCC
The DTCC has hired Christopher Behney to lead enterprise production assurance from its Dallas office. Behney previously headed technology infrastructure at UBS
MIK Adds Treasury Functionality to Equity Finance Platform
MIK Fund Solutions has announced the addition of advanced treasury optimization capabilities to its equity finance product suite, aimed at hedge fund and asset managers.
Cantor Expands to Ireland with Dolmen Deal
Cantor Fitzgerald has announced the acquisition of Dublin-based Dolmen Stockbrokers, in a move that gives the US firm an Irish presence.
Getco Outlines Merger with Knight in Board Letter
Electronic market-maker Getco has provided a solid outline of how a merger with Knight would operate in practice, in a formal bid submitted to the broker-dealer's board.
Gresham Computing Claims Ultra-Low Latency Transaction Control
London-based Gresham Computing claims that its financial transaction control system can complete 500,000 transactions per second.
SunGard Launches Apex Prime for Single View of Hedge Fund Activity
SunGard has released Apex Prime to help prime services providers with day-to-day processing and client services.
NYSE Data Policy Gets Cautious Welcome, But Unit of Count Plans Irk Subscribers
Firms praise NYSE Euronext's adoption of per-user netting in new consolidated license agreement, but say the exchange could go further.
Update: Industry Mulls COBA’s EU Tape Proposals
Planned commercial model for a consolidated tape of pan-European data attracts positive reaction, but needs input from more parties, industry says.
CQG Preps Prototype Lab, Eyes Mobile
The web-based test platform will allow CQG to elicit feedback as it builds a new mobile data platform.
Startup iPerform Data Bows Near-Real-Time Bond Pricing
More frequent pricing will create greater transparency for traders and index providers, officials say.
Prague Stock Exchange Live On Xetra
Prague Stock Exchange has gone live on Deutsche Börse's Xetra trading platform.
Chilean Pension Fund Taps Princeton Financial Systems for Compliance
Administradora de Fondos de Pensiones (AFP) Habitat, a Chilean pension fund, has chosen Princeton Financial Systems to help with investment compliance.
Direct Edge Adds Pre-Trade Risk Controls
Direct Edge has added EdgeRisk Controls, a pre-trade risk tool for its EDGA and EDGX Exchanges, which facilitates compliance with the US Securities and Exchange (SEC) Market Access Rule 15(c)3-5 for broker-dealers and their clients.
Omgeo Updates ProtoColl For CFTC Reporting
The post-trade processing services provider says it can help firms provide the daily mark-to-market reports on open derivatives positions that are required by the US Commodity Futures Trading Commission
StatPro Adds Options, OTC Derivatives to Revolution
Analytics platform expands coverage to meet demand from clients building more complex cross-asset portfolios
SEC Appoints IT Division CIO
The US Securities and Exchange Commission (SEC) has announced that Todd Scharf will take on the role of CIO in its Office of Information Technology.