Trading Tech
Traiana CreditLink for Swaps Trade Certainty Picking Up
Traiana’s pre-trade clearing certainty initiative, delivered by Traiana CreditLink service, has received the support of leading futures commissions merchants and trading venues to manage swap clearing limits in compliance with the requirements of Dodd…
Latin Clear Panama to Use Clearstream’s Post-Trade Solution Vestima
Panama-based Latin Clear has signed to join Clearstream’s investment funds platform Vestima in order to bring operational efficiency and security benefits to the Latin American financial markets.
DI Investors Taps SunGard for WSE Trading Access
Dom Inwestycyjny Investors (DI Investors), a Polish securities broker, has selected SunGard’s Valdi trading solutions to connect to the Warsaw Stock Exchange’s (WSE) new platform.
LSE Announces Second European CSD
The London Stock Exchange Group (LSE) has announced that it will launch a central securities depository (CSD) in Europe, complementing its existing Monte Titoli CSD.
Tradition-ICAP Debuts VolCall for OTC FX Options
Foreign exchange (FX) broker and platform provider Tradition-ICAP has announced the upcoming release of VolCall, for the electronic trading of over-the-counter (OTC) FX options.
EMCF and EuroCCP Sign Sale and Purchase Agreement
Owners of the clearing houses EMCF and EuroCCP have signed a sale and purchase agreement, formalizing an intention to combine the two businesses that was announced earlier in the year.
Exchanges Recognize Cyber Threats but Have Defensive Measures in Place
More than half of all worldwide exchanges have suffered a cyber attack in the last year, according to a survey by the International Organization of Securities Commissions (Iosco). Iosco released the results as part of a joint working paper with the World…
ITG Updates Implementation Shortfall Algorithm
ITG has enhanced its Dynamic Implementation Shortfall algorithm with optimized capabilities to handle imbalanced and illiquid portfolio trades.
Tri-Party Repo Interoperability Agreed by Clearing Houses
Euroclear Bank, Eurex Clearing and Clearstream have agreed an interoperability framework, allowing access to each other's infrastructure in an attempt to ease collateral flow across European borders and increase efficiency in the tri-party repo market.
Risk Management: Time to Get Real
It wasn’t long ago that it was acceptable for capital markets firms to manage their risk on an overnight basis, computing their various measures through lengthy batch processes while the markets slept. But that all changed with the 2008 credit crisis as…
Fidessa Hooks Up With Susquehanna Affiliate for Options
Global Execution Brokers (GEB), a member of the Susquehanna International Group, is now offering options execution capabilities to members of the Fidessa community. The 750 brokers on the Fidessa network can now route order flow to Susquehanna, a large…
Woodfield Fund Administration Taps Smonik for Reconciliations
Illinois-based Woodfield Fund Administration has chosen back-office solutions provider Smonik Investment Systems' Recon solution to manage its portfolio reconciliations processes.
MarketAxess Files SEF Application with CFTC
Electronic trading platform operator MarketAxess has submitted its application to the US Commodity Futures Trading Commission (CFTC), in order to become a swap execution facility (SEF).
LCH.Clearnet to Start Clearing CDS for US Members
LCH.Clearnet SA has been authorized to extend its clearing credit-default swaps (CDS) service to US clearing members through its CDS clearing business, CDSClear, while its registration to the US Commodity Futures Trading Commission (CFTC) as a…
Markit Readies Front-Office Upgrade for OTC Charges
Markit has announced new calculations in its front-office analytics suite, designed to help customers cope with a range of complex regulatory calculations from a single application.
Social Media Relies Too Much on Emotion for Investment Use
Tick data specialist OneMarketData recently conducted a survey about the use of social media in the investment community. The company’s director of solutions, Louis Lovas, revealed some of its findings this week to an audience at the Toronto Financial…
