News
FPL Releases Data Standards for Post-Trade Transparency
Guidelines could be a step towards introduction of a pan-European consolidated tape.
Interactive Data Upgrades FutureSource Content, Tools
Planned updates will broaden commodities, news content, improve analytics and search, and introduce a fully web-based version of the FutureSource terminal.
Rai Expands Network Monitoring Tool
Broader protocol support will help firms monitor and avoid unusual multicast message activity.
CQG Connects to Turquoise Derivatives
Appetite for access to Norwegian index drives demand for Turquoise connectivity among FCMs.
Canada Startup Preps ‘Level 3' Indicators
Buy/sell pressure indicators represent third dimension of market data, startup officials say.
Shanghai Wind Expands Commodities Data With CACDA China Agricultural Content
Alliance will bring niche Chinese agricultural commodities data top a broader audience across Asia.
FGS Capital's Narain: Build Algos to Fail
Algorithms must be built specifically with failure in mind, according to Jogi Narain, chief technology officer at London-based buy-side firm FGS Capital.
Nasdaq Preps ITCH, FIX Feeds for NLX
New interest-rate derivatives market will offer a choice of a low-latency, high-bandwidth ITCH feed, or simplicity of connectivity via the FIX Protocol
SocGen Exec: Regulatory Conflict Causing Confusion at Banks
Panelists at the European Trading Architecture Summit (ETAS) in London yesterday said that the extra-territorial reach of US regulation, such as the Dodd-Frank Act and its associated rules, means that banks in other countries are facing serious issues of…
CIBC's Maden: Vendors Must Find Holistic Approach
Vendors must come up with ways to ease the pressure on financial services firms, allowing them to focus on their core responsibilities, rather than worrying about their technology, according to Francis Maden, executive director at Toronto-based…
HSBC's Childe: Back-Testing Key to Mitigate Algo Failures
Panelists at the European Trading Architecture Summit (ETAS) yesterday discussed how to mitigate algorithmic trading errors that can cause catastrophic losses, saying that thorough back-testing is crucial to performance stability.
Chi-X Australia CEO to Step Down in 2013
Chi-X Australia has announced that CEO Peter Fowler will step down from his position early next year.
First Boston Exec: "Don't Assume Private Clouds Are Secure"
Private clouds are not free from security issues, because they are often "intertwined" with public clouds, a First Boston Global Capital Markets executive has told delegates at the European Trading Architecture Summit
UBS Exec: "Don't Centralize Processing Of Big Data"
It is easier to process big data where it resides than to centralize it first, a lead architect at UBS Investment Bank has told delegates at the European Trading Architecture Summit
BAML's Walker: It's Not All About Speed
The message at the European Trading Architecture Summit (ETAS) in London this morning was clear: When it comes to developing cutting edge capital markets trading infrastructure, it's not all about speed.
FSA: Next Year "Ambitious" for Real-Time Regulatory Reporting
During a panel at the European Trading Architecture Summit (ETAS) in London, delegates from the UK Financial Services Authority said it was unlikely that real-time reporting would be mandated next year.
UBS' Dalglish Urges "Back to Basics" Tech Stance
UBS Group Data CTO Tom Daglish has advocated a more effective management of IT ecosystems in his conference address.
Appliance Acceptance, Growth Drives Solace Sales Staffing Spree
Vendor boosts sales and engineering groups worldwide with new hires, reflecting takeup of its messaging appliance technologies
Lombard Risk Releases Compliance Tool
David Wilford has been tapped to head the dedicated product team, as well as future compliance endeavors.
CounterpartyLink Brings On Two From Thomson Reuters
Thomson Reuters sales and account executives Helga Saraiva and Catherine Michel-Lefebvre have joined legal entity data vendor CounterpartyLink as business development managers
Advise Makes Reporting Tools Available On Abacus Cloud
Software vendor Advise Technologies has made its Consensus RMS suite of regulatory reporting tools available on the AbacusFLEX private cloud to satisfy the needs of the increasing number of hedge funds it says are choosing to migrate their applications…
Jyske Bank Chooses Caplin, Progress Software for FX Aggregation
Jyske Bank, a Danish bank headquartered in Silkeborg, has chosen Caplin Systems to work alongside Progress Software for a fully integrated, end-to-end foreign exchange (FX) and e-commerce solution.
Schroders Taps Vermilion for Client Reporting
Schroders, a global asset management firm with more than £200 billion ($325 billion) under management, is set to implement Vermilion Software's multilingual client reporting platform, Vermilion Reporting Suite (VRS).