News
ASB Bank completes second phase of Calypso roll-out
Auckland-based ASB Bank has completed the second phase of a Calypso project to implement its cross-asset, front-to-back treasury platform for foreign exchange, money market, interest-rate derivatives and risk (including limit management, enterprise risk,…
GlobeOp offers Linedata ASP to long-short clients
GlobeOp Financial Services, the hedge fund administrator with $106 billion in client assets under administration, has rolled out a hosted version of Linedata Services' LongView Trading order management system fully integrated with its middle- and back…
Netage survey results highlight importance of investor portals
Netage Solutions, a Watertown, MA-based provider of CRM software and online reporting systems to the alternative asset management industry, has published the results of a recent survey in which it claims that a large portion of alternative investment…
Omgeo's Japanese presence grows
Omgeo, a provider of technology and services to support post-trade efficiency, has relaunched the Japanese-language version of its website. This comes on the back of a 27% growth in business in Japan in the past three years. Trade volumes processed…
SmartPool sets new dark pool benchmarks
SmartPool, the European dark liquidity pool created by NYSE Euronext in partnership with HSBC, JP Morgan and BNP Paribas, has reported record trading volumes for January and significant growth following its migration to NYSE Euronext's Universal Trading…
Cadis creates 'Centre for Excellence'
Cadis, the London-based buy-side data-management specialist, has launched a 'Centre for Excellence' designed to help clients to self-install Cadis implementations.
Advent unveils update to Axys
Advent Software has released Axys 3.8, an updated version of the San Francisco-based buy-side vendor's portfolio accounting and reporting platform. Axys 3.8 includes updates to support the 2010 Options Symbology Initiative (OSI), an industry-wide…
Sybase acquires Aleri to strengthen CEP capabilities
Sybase, a provider of enterprise and mobile soft ware, has finalised an asset purchase agreement with Aleri, a provider of enterprise-class complex event processing (CEP) technology and CEP-based solutions. CEP plays an integral part in real-time…
Month in Numbers
"There will always be hedge fund managers and others who will try to ride a wave of optimism to fortune with other people's money. That mindset will return; the question is whether lenders, creditors and regulators will allow it"
BATS Readies Fees for Value-Add Data
The BATS Exchange is preparing to introduce its first fee-liable market data products, designed to improve transparency and execution quality, though officials insist the exchange will continue to provide direct access to its core feeds of market data…
Exchanges Gear Up to Comply with Uptick Rule
NEW YORK-Major U.S. exchanges say modifying their trading systems to comply with the recent changes to limit short selling by the U.S. Securities and Exchange Commission (SEC) will be a coordinated effort and should be completed by the end of the year.
Soza Takes Top Data Job at BoAML
Bank of America Merrill Lynch has named Miriam Soza head of global market data services, replacing Vincent Patrizio, who has left the firm, Inside Market Data has learned.
Chi-X Europe Won't Fill Vacated COO Role
NEW YORK-Pan-European multilateral trading facility (MTF) Chi-X Europe will not replace former chief operating officer (COO) Hirander Misra, who resigned Feb. 19, saying he planned to pursue other interests.
Dow Jones Expands Investment Banker
Dow Jones is enhancing its Investment Banker suite of news and commentary targeted at the needs of investment banking professionals, to enable users to spot and act on more opportunities.
The Deal of the Millennium
As the CEO of an exchange technology provider, what do you do when a premier global exchange comes knocking on your door asking if you would be interested in providing them with a new trading system and also whether they could make a strategic investment…