News
Chi-X Canada to Launch New ATS in 2013
CX2 will target institutional and retail investors when it launches in the first quarter of next year.
Advent Software Appoints Lithium CEO to Board
Rob Tarkoff to join board of directors in September.
CFTC Split Over Inter-Affiliate Clearing Exemptions
Regulators support proposal in principle, but divided over variation margin payments.
BNY Mellon Adopts DTCC Messaging
The corporate actions messaging solution, run on the Swift network, is an effort to standardize global messages.
Icap to Establish a Single Global Broking Service
Broking had been run on a strictly regional basis at the interdealer broker.
LCH.Clearnet Acquires IDCG
UK clearing house expands US presence with buy.
Sapient Launches Standard For Cleared OTC Derivatives
Sapient's clearing connectivity standard can transmit information about cleared OTC derivatives; aims to reduce risk and operational burden by replacing multiple formats currently in use
Bravura Solutions Hires Hofmann for EMEA Sales
Former Calastone sales director joins vendor's London office.
StatPro Plots ‘Revolution' for iPad, Tablets
New app will provide portfolio and risk analysis platform for salespeople and business managers
CLS Group Appoints New CEO
Ex-JPMorgan executive to lead settlement bank.
Citi Adds Middle Office Services to Victory Capital Management
The fully implemented solutions build on Victory's longstanding relationship with the bank.
JonesTrading Acquires Conifer Securities
The deal opens up access to new services for both firms.
Cleartrade Exchange, Tradex Launch Chinese Platform
Singaporean partnership to yield Chinese-language GUI.
Thomson Reuters Extends FXall Offer
Information giant also agrees to settle class action lawsuit.
Sapient Drives New Connectivity Standard for Cleared Derivatives
The Clearing Connectivity Standard will allow futures commission merchants to transmit clearing information to custodians on asset managers' behalf.
Celent Studies Risk Management in China
Asset managers in particular are dealing with highly varied risk management capabilities and technologies.
Former SunGard Boss Joins Startup True Office as Chairman
Conde had been with SunGard for 24 years before leaving last year.
Sinara Moves Data Hosting to Interxion
The move to Interxion's London campus will allow the vendor and clients to cross-connect to data vendors and customers
FSB Seeks Legal Advice On Establishment of LEI Foundation
The Financial Stability Board has asked legal experts to submit recommendations on the most appropriate jurisdiction in which to set up the legal entity identifier foundation and the operational unit it will be responsible for