Trading Tech
Panel: Exchanges See Derivatives Boom
LONDON-The massive growth in the listed derivatives market is attracting new exchanges to the sector, while those in the business are offering new products and services to clients, concluded a panel of global exchange officials last week.
Orc Software to Take FAST Native
NEW YORK-Users of Orc Software's CameronFIX Universal Server and CameronFIX Market Data Server may wind up with support for the FIX Adapted for Streaming (FAST) protocol whether they want it or not, as the vendor is preparing to migrate the underlying…
Eurobase Launches Hosted Trading Platform
LONDON-Financial software vendor Eurobase Banking Solutions recently announced the launch of a Web-based version of its multi-asset trading platform Siena e-Trading Solutions, vendor officials say.
TSX Sets Gateway Revamp for 2009
TORONTO-As the final phase of its trading platform upgrade, the Toronto Stock Exchange (TSX), plans to roll out a new internally developed exchange gateway sometime in the second quarter of 2009, TSX officials tell DWT .
Börse Berlin Takes Equiduct Stake
NEWS-PERSPECTIVES EXCHANGES
The Transformers
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On the Alpha Frontier
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Dark Pools in Europe
MARKET STRUCTURE
And All That SaaS...
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Please Quote Me
THE DALY CLOSE
Ring of Trading
TRADING TECHNOLOGY
CEP Moves Up
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Close to You
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StatPro launches new product to reduce credit risk
StatPro, the London-based provider of buy-side portfolio analytics, risk management and data systems, has released the latest version of its flagship risk management product.
Brazilian fund administrator rolls out Charles River IMS
Mellon Serviços Financeiros, a Brazilian fund administrator and subsidiary of the Bank of New York Mellon Corporation with $26 billion under administration, is implementing the Charles River Investment Management System (IMS) to monitor compliance.
Pre-trade TCA: New challenges, new technology
Stewart Eisenhart looks at a recent Aite Group report – Multi-asset portfolio systems: the buy side’s new pied piper – and concludes that although there is a sizable market in the US and UK for such systems, vendors are likely to find greater demand from…
Jefferies to offer LongView ASP to hedge fund clients
The prime brokerage unit of investment bank Jefferies & Company has partnered with Linedata Services to offer an ASP version of the vendor's LongView Trading OMS to its hedge fund clients.
Multiple choices – Not all prime brokers are created equal: Joel Clark investigates the criteria employed by hedge funds to differentiate one prime broker from another, and concludes that the multi-broker model is the most feasible and flexible approach f
The relationship between hedge funds and prime brokers has always been complex, but as alpha remains the objective for fund managers and as markets remain volatile, that relationship is changing. Joel Clark investigates the criteria funds employ to…
Spotlight on Sam Somech
Sam Somech knows his middleware. The technology veteran who invented trans-actional messaging has set his sights on derivatives, heading up research and development at SuperDerivatives. He talks with Stewart Eisenhart about why he joined the vendor, and…
Cornhill Asset Management goes live with Fidessa ETW
Cornhill Asset Management, a London-based boutique brokerage firm specialising in private equity and initial public offerings (IPOs), has implemented Fidessa's European Trader Workstation (ETW).
Laws of attraction – Institutional capital flowing into the hedge fund industry comes at a price – investors expect operational transparency and industry accepted best practices when it comes to risk management. Victor Anderson outlines how funds in the F
Risk management disciplines across the buy side have traditionally ranged from relatively sophisticated - relative that is compared with sell-side organisations - to downright rudimentary. But that is set to change, especially in the Far East where funds…
Trade processing costs press the need for buy-side aggregation tools
Stewart Eisenhart analyses a recent Riskmetrics report suggesting the techniques and technologies that buy-side firms could deploy in order to potentially avert future valuation crises such as the current sub-prime mortgage melt down unfolding in the US.
Derivatives altering buy-side portfolio system requirements
The market for buy-side portfolio systems is expected to total $2.67 billion by 2010 as Asian and European-based buy-side firms' operational and technology requirements increase, and as managers generally extend their use of over-the-counter derivative…