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Trading Tech

Bursa Malaysia Takes DMA Live

KUALA LUMPUR-Bursa Malaysia has implemented its second direct market access (DMA) gateway for its derivatives market, but is experiencing delays in migrating cash equities onto a new platform, say exchange officials.

Nyfix to Release 'Integrated' Ioinet

NEW YORK-Global crossing network provider Nyfix hopes to release within the next six months the integrated version of the Ioinet platform, which Nyfix acquired when it purchased indications of interest (IoIs) network provider Fixcity earlier this year,…

Omgeo to Expand CTM to Derivatives, FX

NEW YORK-Post-trade utility Omgeo plans to offer support for exchange-listed derivatives and foreign exchange (FX) trades on its automated settlement platform Central Trade Manager (CTM) by mid-2009, Omgeo officials tell DWT .

Thomson Reuters Averts IM Shutdown

Thomson Reuters last week migrated its instant messaging service to a new compliance engine from Global Relay, a Vancouver, BC-based provider of email archiving and compliance software, in time to prevent having to shut down Reuters Messaging after…

SunGard Eyes Europe with GL Buy

NEW YORK-At press time, SunGard officials announced the vendor's intention to acquire controlling interest in Paris-headquartered rival GL Trade for about €400.7 million ($623.9 million), a move observers say bolsters SunGard's global footprint.

Thomson Reuters in Legal Tussle; RM Stays On

NEW YORK-Users of the Reuters Messaging Compliance Manager (RMCM) are running a new logging and archiving engine developed by Thomson Reuters in conjunction with technology partner Global Relay that was deployed last Tuesday to avert the shutdown of…

ITG's Alasdair Haynes: Maintaining the Cross

The Markets in Financial Instruments Directive (Mifid) introduced multilateral trading facilities and systematic internalizers as new routing destinations for the European markets. With the rise of these new venues, what role do the established crossing…

Data Governance Takes Centre Stage

The recent economic downturn has made many firms focus on their internal activities instead of solving problems by buying million-dollar platforms. Data governance is the new buzz word for organizations aiming to improve data quality and reduce risk…

SunGard, PerTrac ally to support FOHFs

Global software giant SunGard has partnered with PerTrac Financial Solutions, a NY-based provider of front- and middle-office technology, to create a more complete offering for funds of hedge funds (FOHFs) and their administrators.

Compliant derivatives

After 85 years at the heart of Wall Street, Bear Stearns is no more. But even before the highest profile and most celebrated casualty of the credit crunch closed its doors, the inevitable questions about who was next in line were already doing the rounds…

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