News
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.
Clearstream Opens Dublin Office
Deutsche Börse's clearing and settlement arm, Clearstream, has announced the opening of a location in Dublin, to better serve hedge fund clients.
TS-Associates Chooses NYI to Implement Instrumentation Solutions
TS-Associates, a provider of latency monitoring technology, has chosen New York-based NYI to host the reference implementations of its instrumentation solutions.
FTN Financial Implements SunGard's Stream Securities for Fixed Income
FTN Financial Capital Markets and FTN Financial Securities, subsidiaries of First Tennessee Bank, have implemented SunGard's Stream Securities to support their fixed income businesses.
PFSoft Introduces Module for Algo Trading
Ukraine-based PFSoft introduced AlgoStudio, a tool for algorithmic strategy development that supports MQSL and C# languages, as part of the ProTrader 2 direct market access (DMA) platform for trading strategies creation, optimization and back-testing.
BST Awards 2012: The Winners and Why They Won
Earlier this month, Waters magazine announced the category winners in the sixth annual Buy-Side Technology Awards. Below follows a brief explanation outlining a number of noteworthy performances in this year's awards, plus the list of winning companies…
FSA Approves HKEx Purchase of LME
The UK Financial Services Authority (FSA) has given the green light for Hong Kong Exchanges and Clearing (HKEx) to acquire the London Metal Exchange (LME).
Advent and IntraLinks Combine for Research Offering
Advent Software has announced a partnership with IntraLinks, to create an automated interface between Tamale Research Management System (RMS) and IntraLinks.
Liquid Rarity Exchange to Launch Tangible Asset Class
Liquid Rarity Exchange (LRE), a St. Louis, Michigan-headquartered firm, is planning to launch a new asset class within the capital markets.
SunGard Upgrades Asset Arena InvestOne Accounting Solution
SunGard has launched a new version of its Asset Arena InvestOne global accounting solution for the investment management industry.
Getco Makes Takeover Bid for Troubled Knight
Chicago-based Getco has tabled a bid to buy fellow electronic market-maker Knight Capital Group, which has been struggling since an expensive technical glitch cost the firm $460 million in August.
Thunderhead Doing Trade Documentation on the Cloud
Thunderhead.com, a UK-based automator of trade documentation, has launched ONE for Capital Markets for the cloud. The solution, which automates trade and relationship documentation processing and all paper transactions throughout the trade lifecycle, is…
Banque Morval Live on SunGard's Core Banking Platform
Banque Morval, a Swiss private banking institution, has implemented SunGard's Ambit Private Banking solution as its new core banking platform.