Trading Tech
QuantHouse Buys Low-Latency Network Provider Victory
The deal will accelerate QuantHouse’s expansion into the US.
CLS Announces Settlement, Processing, Data Services Solutions
New products include a same-day gross settlement service, data products and trade monitoring and reporting tools.
EquiLend and Trax Partner on SFTR Solution
The front-to-back SFTR service will cover all eligible asset classes.
Axioma Improves Batch Optimizing, Tax Features in Portfolio Optimizer
Updates include using multiple cores to speed up optimization and additional features around taxes.
Nasdaq Merges Baltic CSDs for Final T2S Migration Wave
Nasdaq has unified the central securities depositories of three Baltic nations, entering them into the Target2-Securities platform as a single entity.
Argentinean Exchange BYMA Now Live on LSEG Technology’s Millennium Trading Platform
The Millennium Exchange platform replaces BYMA's internally-built legacy platform.
Grim Rituals and Bad Omens
Disaster recovery and business continuity plans take center stage in 2017
Setl Launches Blockchain Platform for Funds Record Keeping
The vendor has built Iznes with the collaboration of four French asset management firms.
Symphony Promotes Chan, Ucak to Head Asia Business
The pair will be tasked with growing Symphony's business across North and South Asia.
Orchard Launches Platform Connecting Lenders and Investors
The platform, Deals, offers a marketplace environment for lenders to look for investors.
Big XYT Launches Hub for Tick Data Analytics, Signs Bats Data Distribution Deal
The XYT Hub provides access to tick data from varied sources through a common interface. Big XYT has signed up Bats as its first data distribution partner, but plans to make a broad range of exchange data accessible via the new Hub.
McKay Adds LME Metals Data to QED
The metals data will be available over the QED service at datacenters in the UK, Europe, and the US.
CJC Reshuffles Senior Tech Roles, Expands Board
CJC has promoted Peter Williams to chief technology officer, replacing co-founder Paul Tomblin, who becomes chief information officer.
Algomi to Grow Offering After S&P Investment
This is the third partnership Algomi has formed over the last six months. It’s the second minority investment S&P has made this year.
R3, FCA Collaborate on Mortgage Transaction Reporting DLT Prototype
R3 has built a prototype application for regulatory reporting of mortgage transactions with the help of the FCA and two major banks.
SS&C Advent Targets Order Creation with Genesis Release
The Moxy tool will add cloud-based, automated portfolio rebalancing capabilities with dramatic time reductions.
To Help 'Phase 3' Firms Comply with Initial Margin Rules, AcadiaSoft Releases Open-Source Code
Next September, Phase 3 firms will be required to post initial margin for all non-cleared derivatives transactions.
EDMA: Mifid II Driving Fixed-Income Businesses Away
EDMA warns that inconsistencies in transaction reporting are already forcing fixed-income participants to move outside the EU.
Looking to the Future of Settlement
"It took 20 years to get consensus to move to T+2, but just three years from the inception of the technical working group to implementation."
FTSE Makes ICB Changes to Support Growth, Industry Change
FTSE Russell, index provider, to roll out series of updates to ICB standard for end of 2018.
QuantHouse Launches API Ecosystem for Buy-Side Quant Traders
API-enabled technology repository aims to provide quant traders with as-a-service applications without a traditional implementation structure.
Waters Wavelength Podcast Episode 86: Nasdaq’s Use of Machine Learning & T+2 Comes to North America
Joakim Strid joins the podcast to discuss how Nasdaq is deploying machine-learning techniques for surveillance. Then Emilia David joins the podcast to discuss T+2’s launch in the US, Canada, Mexico and Peru.
CSS Eyes Asia Expansion, Seeks Acquisitions
Compliance Solutions Strategies reveals plans to boost presence in Asia and target acquisitions.
Symphony Adds Ex-Bloomberg Sales Manager Birshan to UK Team
Birshan previously spent 15 years at Bloomberg in a variety of sales roles, having started at the vendor as an analyst.