Trading Tech
Nasdaq Extends Smarts to Buy Side Through Sterling Partnership
Nasdaq OMX has announced a partnership with Sterling Trader, extending the use of its Smarts Broker surveillance product to buy-side firms.
Toronto FIS: HFT Proponents Prompt Re-evaluation
Canadian bankers and regulators fought off attacks against high-frequency trading practices at the Toronto Financial Information Summit. A pending study of its effects may validate their position or cause a reconsideration.
TT Unveils MultiBroker Platform
Trading Technologies has launched MultiBroker, the Chicago-based vendor's trading solution that allows buy-side firms to gain direct market access (DMA) via multiple brokers from a single X_Trader Pro or application programming interface (API) connection…
Citi Adds Brazil to Total Touch Platform
Citi announced that it has added Brazilian equities to Total Touch, its block electronic execution platform.
Mixed Start for SEF Registrations
Although the US Commodity Trading Futures Commission (CFTC) has finalized its rules regarding the operation of swap execution facilities (SEFs) and registration has been open for weeks, not all institutions have filed applications with the regulator as…
FXSpotStream Launches Desktop Application
Multi-bank foreign exchange (FX) aggregation service provider, FXSpotStream, has launched a desktop application, in addition to its Application Program Interface (API) Spot FX price aggregation service launched in May last year.
Bank Leumi USA Taps Lombard Risk’s Reporting Solution
Bank Leumi USA, the US branch of the Israeli Leumi Group, has selected Lombard Risk Management automated regulatory reporting solution, REG-Reporter, to automate its regulatory reporting.
BNP Paribas Selects Swift VAN for T2S Connectivity
BNP Paribas Securities Services has chosen Swift's value-added network (VAN) to meet its connectivity needs to the proposed Target2-Securities platform (T2S).
Azul Partners with Simplex in Japan
Java specialist Azul Systems has announced that it has formed a commercial partnership with Simplex Consulting, a Japanese vendor.
HDFC Taps Numerix for Risk Management
Mumbai-based HDFC Bank has selected Numerix Portfolio to help consolidate its risk processes.
Fox River Algos Available Through Silexx EMS
SunGard's Fox River Execution Solutions has made its algorithms available to users of the Obsidian execution management system (EMS) from Sarasota, Florida-based Silexx.
Bahrain Bourse Upgrades to X-stream
The Bahrain Bourse (BHB) will replace its existing Nasdaq OMX platform, Horizon, with one powered by X-stream technology. Additionally, BHB has reconfirmed its commitment to NASDAQ OMX's post-trade solution. The upgrade is estimated to be rolled out by…
Riyad Bank Taps Calypso for Front-to-Back-Office Support
Saudi Riyad Bank, one of the largest financial institutions in the Middle East, has selected software provider Calypso Technology for full support from its front office to the back.
Omgeo and Eze Automate Matching Between Platforms
Omgeo and Eze Software Group have announced the development and launch of a high-performance link between Eze OMS and Omgeo Central Trade Matcher, in order to automate futures and options matching between the two products.
TMX Atrium Completes 10G North America Infrastructure Upgrade
The network provider now offers 10Gbps connectivity across all of North America, as part of an ongoing network upgrade.
Northern Trust Adds New Fixed Income Functionality to its Performance Reporting Suite
Chicago-based Northern Trust has added daily security-level data for fixed income to its performance attribution tools within its Investment Risk and Analytical Services (IRAS) product suite.
Linedata Adds Private Equity Capabilities
Linedata has added private equity administration functionality to its back office platform.
Warsaw Stock Exchange Subsidiary to Use Trayport ETS
WSEInfoEngine, a subsidiary of the Warsaw Stock Exchange, has signed an agreement to use the exchange trading system (ETS) from Trayport, a London-based provider of energy trading solutions, for the operation of its markets. WSEInfoEngine will initially…
eClerx Unveils ISDA CSA Solution
Business processing provider eClerx has launched a new product to allow firms to better manage ISDA credit support annex (CSA) documents. The new product, called ISDA CSA Document Risk Review, is designed to help firms better manage their credit risk.