Trading Tech
On the Record: Precision Engineer
As high-frequency trading took off, requiring ever-faster data distribution, latency monitoring and measurement emerged as a key part of trading firms' infrastructure strategies, and a competitive market for monitoring tools quickly sprung up. But while…
AlgoSpan Connects to The Order Machine
Market infrastructure provider AlgoSpan has now connected to The Order Machine (TOM) and all TOM MTFs (Multilateral Trading Facility) through AlgoNet.
CLS Opens Further Asia Presence
CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.
MarketPrizm Builds HKEx Co-Lo Hub
The Colt-owned trading and data infrastructure provider has begun providing data and infrastructure to trading firms hosted in the HKEx’s new co-location facility , as well as access to data from other major exchanges.
Swan Wealth Advisors Takes Omex for Order Routing
The buy-side risk management specialist, with $850 million assets under management and based in Durango, Colorado, will use Omex's execution platform for implementing options strategies across its multiple custodians and sub-accounts.
Liquidnet Expands Suite of CMS to Europe Members
Trading network Liquidnet has announced the expansion of its commission management services (CMS) to members in Europe in order to reduce conflicts between best execution and commission payments, and increase transparency.
Moving Parts and Closing Gaps
Corporate actions professionals are looking at how to automate more complex pieces of processing these events, Michael Shashoua reports. Messaging standards and complex instructions and choices are key factors
ISE Launches Gemini Options Exchange
The International Securities Exchange (ISE) has announced the successful debut of Gemini, its second exchange for US options trading.
HFT Limited at Aequitas Exchange, but Not Banned Outright
Reports about Aequitas Exchange's aversion to high-frequency trading (HFT) have been overblown, believes CEO Jos Schmitt.
eVestment Unveils New Attribution Platform
Analytics provider eVestment has launched a new attribution platform, eVestment Attribution, which will provide asset managers with insight into how portfolio returns are generated.
Bloomberg Integrates LCH.Clearnet's Swaps Margin Calculator
Bloomberg's Professional Service can now directly access LCH's SwapClear Margin Approximation Risk Tool (SMART) to determine capital funding requirements for swaps.
Open Platform: ‘As-a-Service' Should Come ‘As Standard' for Market Data
As firms wrestle with the opposing forces of reducing spend while increasing the performance of market data service to the enterprise, the reluctance to adopt an aggressive strategy to tackle the volatile market may be costing you more than you can…
IRD's Editor on Catalyzing Corporate Actions
Industry demand or a regulatory action will be needed to push through automation of corporate actions processing, an effort that has not yet reached critical mass in the industry
Integral Files SEF Application With CFTC
FX trading solutions provider Integral Development Corp has applied to the US Commodity Futures and Trading Commission (CFTC) to launch a Swap Execution Facility (SEF).
Marking Your Own Homework
The Securities Industry and Financial Markets Association (Sifma) sent a request for a review into the structure of the exchange self-regulatory model (SRO) last week, in a move that may force regulators to take an enhanced role in market oversight.
JOBS Act Implications Significant, Just Not for Technology
The JOBS Act could present new opportunities─and challenges─for the hedge fund industry, but Anthony questions whether there's a significant IT angle to be found.
Open Platform: Planning for the Inevitable with T2S
Harmonization of the European securities settlement landscape is gathering pace. The single settlement platform Target2-Securities (T2S) and the forthcoming CSD Regulation (CSD-R) – which could impose T+2 settlement Europe-wide and require an electronic…
Battling Inertia In Corporate Actions
Automation efforts in corporate actions processing have stayed at stagnant levels, according to Inside Reference Data webcast surveys. Industry professionals are looking for a catalyst to spur improvements