Trading Tech
Trendrating Adds Three Probability Indicators
Swiss momentum ratings and analytics provider Trendrating has added Duration, Magnitude and Upside Potential Indicator (UPI) metrics to its Trendrating Momentum Analytics Platform, to provide "statistical measurability" to make end-users' investment…
Shock Absorption After a Wild Week
Down equity markets this week signaled the return of significant volatility for the first time in a couple years, testing the industry's ability to deal with shocks as flight to safe assets ramped up. But more than ever, this includes an active posture…
BIS-IOSCO Report Calls for Clearing Houses to Set Out Recovery Plan
The Bank for International Settlements (BIS) and the International Organization of Securities Commissions (Iosco) have published a report on recovery and resolution that set out guidance on the tools that Central Counterparty (CCP) clearinghouses can…
DTCC Assembles Two Groups for T+2
Following in the footsteps of Europe, the DTCC has organized two industry group charged with leading the transition to T+2 in U.S. markets.
African Stock Exchange to Implement Deutsche Börse Tech
Deutsche Börse has entered into an agreement with the African Stock Exchange (AFSX), whereby the Mauritius-based venue will use the German operator's Xetra technology and support.
Trading Game Startup Nous Raises Funds to Boost Participation, Data Value
Nous, a provider of a mobile trading game and a feed of investor and active trader market sentiment, has raised $600,000 in new funding to expand the user base of its Spark Profit trading game from 79,000 users in 190 countries to 250,000 users over the…
ITG Releases Posit Marketplace 3.0 Dark Pool Algorithm
In an effort to effectively tap dark pool liquidity and leverage the tools dark venues provide, brokerage ITG announced the launch of the Posit Marketplace 3.0 algorithm.
Neonet Adds Aquis Access
Agency broker Neonet has joined Aquis Exchange, and will now offer clients access to the venue.
Buy-Side Firms Begin Trading Corporates Via MTS Bonds.com API
MTS Markets International announced liquidity-provisioned trades by buy-side institutions through its enhanced application program interface (API) on MTS Bonds.com have begun taking place.
Solace Taps SL Corp to Monitor Message Routers
Ottawa-based hardware messaging appliance vendor Solace Systems has enlisted IT monitoring solutions provider SL Corp to provide an adapter for SL Corp's RTView Enterprise Monitor, to provide systems administrators and application support teams with…
CME Group Enacts Tech Jobs Cut
CME Group announced a company restructure that will cut five percent of its workforce, or about 150 jobs, the majority of which will come from the company's technology division.
EuroCCP Adds Traiana Platform to OTC Clearing Services
EuroCCP will now be able to match over-the-counter (OTC) transactions with Traiana’s Harmony platform.
Update: Xignite Adds FactSet Fundamentals to On-Demand Data
San Mateo-based web services data provider Xignite is adding fundamental data and estimates from FactSet Research Systems to its suite of on-demand datasets, to provide clients with access to global company fundamental and financial data.
Fair Play? The Balancing Act of Finra's Involvement in the Selection and Bidding of the CAT
The fact the Financial Industry Regulatory Authority is involved in both the selecting and bidding of the Consolidated Audit Trail has caused the regulatory body to take some heat.
Orc Launches Smart Order-Router for Multi-Venue Trading
Orc, a vendor in derivatives trading technology, has launched its routing engine, Orc Smart Order Router (SOR), to achieve best execution while reducing costs.
Hermes Selects Calastone for Ucits Funds
Hermes Investment Management will distribute its Undertakings for Collective Investment in Transferable Securities (Ucits) funds via Calastone's global transaction network, the provider has announced.
Dion Adds Tool to Nova for Stock Connect
Dion Global Solutions has announced the launch of a module that allows clients in Hong Kong to process cross-border trades more efficiently, in support of the Shanghai-Hong Kong Stock Connect programme.
MSCI Releases New Equity Analytics
Index provider MSCI has added seven new US and Asia specific models to its suite of Barra equity portfolio risk models, which factors in additional risk considerations called Systematic Equity Strategies, to help financial professionals to design and…
Russia's Cinimex Extends Ties with Misys
The Russian provider has joined Misys' InFusion Partner Program after an existing 12-year relationship.
eFront Partners Methys for African Integrations
The alternative investments software provider will use South Africa-based tech consultancy Methys for all new integrations on the continent.
Sinara Expands Data Integration Offering
UK-based data software vendor Sinara Consultants has expanded its consulting services to include analyzing, designing and enhancing clients' market data repositories and data warehouses.
Abu Dhabi Exchange Dials DirectFN Mobile Data Apps
The Abu Dhabi Securities Exchange (ADX) has rolled out mobile data apps for smartphones and tablets from Dubai-based market data and financial technology vendor DirectFN, to increase market transparency and become more technology smart.
Metamako Taps Covington to Drive European Expansion
Metamako, an Australian provider of low-latency switch appliances for high-frequency trading, has enlisted data industry veteran Kevin Covington to set up a European infrastructure to support an expansion of its business into the region.
Low-Latency Startup Metamako to Launch European Operations
Metamako, the Australian startup that provides ultra-low latency tools to exchanges and proprietary trading firms, has announced it will expand its services to Europe with the help of Kevin Covington, managing director and founder of Change Alley, a…