Trading Tech
Spotlight on Gil Shaked
EXENET, a New York-based technology services and outsourcing provider targeting hedge funds, wealth managers, and law firms, has tapped Credit Suisse veteran Gil Shaked to succeed Umit Cinali as chief executive. With 25 years' experience in risk…
LIM Advisors live on Capstone
LIM Advisors, an Asia-based multi-strategy investment group headquartered in Hong Kong with additional offices in Tokyo, Beijing, Connecticut and Mauritius, is live on Capstone, Fidessa LatentZero's front-office suite. According to the London-based buy…
Macquarie live on Calypso
Macquarie Group Limited is now live on the Calypso trading and risk management platform for loans and deposits, front to back office, and cash management.
The TCO conundrum
Implementations can be beset by unforeseen hiccups, which tends to result in inflated budgets and missed deadlines. SmartStream's TLM OnDemand addresses users' total cost of ownership challenges and provides buy-side firms with reduced time to market…
TradingScreen connects to Instinet
New York-based TradingScreen, a provider of multi-broker, multi-asset class execution management systems (EMS), has launched a direct connection to Instinet's CBX ASIA, the real-time displayed ATS (alternative trading system) for Japanese and Hong Kong…
Will Non-MVPs Strike Out?
The New York Yankees and New York Mets both moved into billion-dollar new stadiums this season, despite the financial constraints associated with the turbulent economy. And while I can't vouch for attendance at Citi field, the Yankees have played to sell…
SIFMA 2009: Think Small
While this year's SIFMA Technology Management Conference and Exhibition will probably be most remembered for being much smaller than the spectacles of years gone by in terms of exhibitor numbers and delegates-hardly surprising, given the current state of…
Thomson Reuters Adds Trading to RMDS
Thomson Reuters has incorporated trading capabilities from French software vendor Smart Trade Technologies into its RMDS data distribution platform, to enable clients to leverage their existing data infrastructure investments to internalize trades and…
Progress Software Adds Lime as Destination
NEW YORK-Users of the Progress Apama Algorithmic Trading platform can now route their execution strategies through agency brokerage Lime Brokerage, according to Progress Software and Lime officials.
Sifma: A Show in Review
NEW YORK-Mirroring the industry that it serves, this year's Technology Management Conference and Exhibit, hosted by the Securities Industry and Financial Markets Association (Sifma) in Midtown Manhattan last week, saw fewer exhibitors and lighter foot…
Aite Group: Asia Poised for ATS Boom
BOSTON-Although regulatory hurdles and cultural issues hinder alternative trading systems (ATSes) from flourishing in the Asia-Pacific region, the proliferation of the venues is inevitable, according to a recent report published by industry analyst firm…
Nasdaq OMX Adds Functionalities to Genium
STOCKHOLM-Exchange operator and technology provider Nasdaq OMX is finalizing the addition of core functionalities to its Genium next-generation trading platform, which will power derivatives and fixed-income trading on the exchange operator's Nasdaq OMX…
FXecosystem Readies FX Network Launch
NEW YORK-Officials with foreign exchange (FX) connectivity provider FXecosystem plans to take its FX extranet for banks, buy-side traders and FX ECNs live in July with three buy-side clients and 10 liquidity providers.
Thomson Reuters Opens RMDS to Trade Messaging
NEW YORK-Global market data and trading platform provider Thomson Reuters has recently announced that its Thomson Reuters Market Data System (RMDS) now supports the transmission of peer-to-peer trade messaging.
LSE's Baikal Launch Imminent
LONDON-After having recently received the first phase of multilateral trading facility (MTF) Baikal's technology from order management system (OMS) and market connectivity provider Fidessa, London Stock Exchange (LSE) officials are now in the final…
NYSE Technologies Hosted OMS Targets Sub-Primes
NEW YORK-In an effort to expand high-frequency trading capabilities for the sub-prime broker community and its buy-side clients seeking sponsored access, NYSE Euronext's commercial technology business, NYSE Technologies, plans to roll out a hosted…
Equinix to House C2 Options Market
SECAUCUS, N.J.-The Chicago Board Options Exchange (CBOE) has selected datacenter provider Equinix to host CBOE's new fully electronic venue, dubbed C2, exchange and vendor officials announced today, June 29.