Trading Tech
Algos to Solve FX Fragmentation
NEW YORK-Systematic and algorithmic trading could be implemented to combat the liquidity fragmentation in the electronic foreign exchange (FX) space, according to an industry insider.
TraderTools Adopts SmartTrade LMS
NEW YORK & PARIS- Foreign exchange (FX) trading technology vendor TraderTools has adopted SmartTrade's STTP 5.5 liquidity management system for use within its Liquidity Management Platform, say vendor officials.
Landsbanki Kepler Debuts GL Trade's SOR
PARIS & LONDON-European investment bank Landsbanki Kepler has gone live with GL Trade's smart order routing (SOR) technology, say officials.
Minerva Gains Credit Suisse FX Algos
LONDON-Credit Suisse has integrated foreign exchange (FX) smart routing and algorithmic execution strategies into Fidessa LatentZero's Minerva order and execution management system (OEMS), with the bank's Advanced Execution Services (AES) FX, vendor…
Misys Eyes Latin American Operations
NEW YORK-Technology and software vendor Misys is expanding its operations in Latin America by beefing up its operations in the Brazilian market, DWT has learned.
StreamBase Expands Reuters Integration
NEW YORK-Complex event processing (CEP) software vendor StreamBase Systems is planning enhancements to its StreamBase Reuters Edition (SRE), a development framework for building applications utilizing data from Thomson Reuters' Reuters Market Data System…
Plus Markets Leaps into Dark Pools
LONDON-U.K.-based equity stock exchange Plus Markets expects to launch a dark pool of liquidity for small- and mid-cap issues, according to officials. The initiative is part of a number of projects that will be officially announced in the coming weeks…
Eurex Targets Risk In Next Upgrade
FRANKFURT-German derivatives exchange Eurex plans to add improved risk and clearing functionalities in release 11 of its exchange platform, slated for a Nov. 9 rollout, say bourse officials.
StreamBase Expands Reuters Integration
Complex event processing software vendor StreamBase Systems is planning enhancements to its StreamBase Reuters Edition (SRE), a development framework for building applications utilizing data from Thomson Reuters' RMDS data distribution platform,…
Sophis Increases TRS Support
NEW YORK-Clients using the Risque and Value offerings from French cross-asset trading and risk management platform vendor Sophis will soon have further enhancements for trading total-return swap (TRS) products.
Study highlights Euro trading inefficiencies
Oxera, the Oxford, UK-based economic consultancy has, in conjunction with Omgeo, released the results of its research into the current status regarding the automation of trade processing in the European markets.
White paper calls for greater fund pricing transparency
Hedge funds' pricing and valuation methodologies never seem far from the spotlight these days as the industry contemplates ongoing calls for greater levels of disclosure and transparency. However, as Stewart Eisenhart reports, calling for reforms and the…
DekaBank fully compliant...after a seven-year wait
DekaBank, one of Germany's largest asset management firms, has completed the full implementation of SunGard's pre-trade compliance module after a seven-year wait.
Risk tech enjoys a mini boom By Emily Fraser
Financial firms caught with their trousers down in the wake of the subprime mortgage meltdown continue to spend significant amounts of money on technology. According to a recent poll conducted by IBM and the Securities Industry and Financial Markets…
Nyfix unveils high-performance Appia FIX engine
Nyfix has released Appia v5, the latest version of its FIX engine. According to the New York-based vendor, features of Appia v5 include:
Spotlight on Steven Richard
After holding management positions at Spectrum Global Fund Administration and Harris Insight Funds, Steven Richard has taken the reigns as managing director at hedge fund technology and service provider Gravitas Technology's new business cons-ultancy…
Suicide is painless - but what about usury? By Stewart Eisenhart
What do you do as an industry if you find yourself incessantly hounded by investors, analysts, and (to varying degrees) regulators to provide more transparency into your processes and operations in the wake of pricing debacles, a credit market collapse,…
Fly to comply
The increased flow of institutional capital and mandates to the buy side means that compliance and risk management considerations have never been more crucial for buy-side firms, especially for those alternative managers that until recently have led a…