Trading Tech
Ethernet Tech Vendor Emulex Buys Endace for Network Monitoring Play
Acquisition values Endace at $130 million, and is expected to close in early 2013
Citi's Hill: Cloud Augurs 'Biggest Shift Since Desktop Browsers’
At this week's Waters USA conference in New York, executives from UBS, Lord Abbett, and Citi agreed that on matters of cloud, the questions will be “how” and “when,” rather than “if.”
Sun Trading Expands with Kx Database
Chicago-based proprietary trading shop Sun Trading will use Kx Systems' kdb+ for time series analysis and real-time capture of quantitative trading data.
FHLB Topeka Adopts Principia for Valuation
The Federal Home Loan Bank of Topeka (FHLB Topeka) has signed up to access Principia's web-based derivatives valuation and risk analytics platform.
ADS Securities Deploys FlexTrade
Abu Dhabi-based foreign exchange (FX) platform provider has rolled out FlexTrade's Orex system to support its institutional and professional client base.
UBS, HSBC Complete RMB Repo with Euroclear
UBS and HSBC have completed their first cross-border renminbi triparty repo, using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral agents.
SunGard Supports NLX Through Stream Derivatives Suite
SunGard will support trading on the new London interest-rate derivatives venue, Nasdaq OMX NLX, through its Stream Derivatives suite.
Doing More with Less
David Hagen, vice president, global trading technologies at Linedata discusses financial technology fragmentation and how companies can streamline systems to do more with less
PJM Adopts Tethys EMS
PJM Capital, a Potomac Falls, Virginia-based quant hedge fund, has gone live with TethysEMS, the algorithmic trading platform from Tethys Technology, and will deploy it over TethysCloud.
OpenFin Launches HTML5 Desktop for Trading Applications
OpenFin, a New York-based technology vendor founded in 2010, has launched OpenFin Desktop for the deployment of trading applications using HTML5.
Fidessa Promotes Smart Approach to Tech Investment in White Paper
Trading technology vendor Fidessa has published a white paper that urges large-scale financial institutions to adopt a nuanced approach to in-house development of technology.
Thomson Reuters Enhances FX Matching Platform
Thomson Reuters has announced "significant" additions to its foreign exchange (FX) matching platform, including a new interface and FIX-based application programming interface (API).
Novia Chooses Calastone for Order Routing, Net Settlement
Wealth management platform provider Novia has chosen Calastone for its order routing and net settlement services.
RBS’ Eddie: Capital Requirements Set to Get Harder
Capital requirements have been daunting to address, and will only get harder with Basel III, says Alan Eddie, who runs risk technology for the Americas for the markets and investment banking businesses at the Royal Bank of Scotland, speaking at the…
BofA’s Reilly: Mobility About Risk and Data Control, Not Cost Cutting
Bank of America Merrill Lynch has internally distributed 55,000 BlackBerrys and 5,000 Apple iPads, as well as 20,000 devices that it supports as part of its bring-your-own-device (BYOD) policy. In one year, it handles 2.6 billion instant messages, 1.2…
MIK Adds Treasury Functionality to Equity Finance Platform
MIK Fund Solutions has announced the addition of advanced treasury optimization capabilities to its equity finance product suite, aimed at hedge fund and asset managers.
Gresham Computing Claims Ultra-Low Latency Transaction Control
London-based Gresham Computing claims that its financial transaction control system can complete 500,000 transactions per second.
SunGard Launches Apex Prime for Single View of Hedge Fund Activity
SunGard has released Apex Prime to help prime services providers with day-to-day processing and client services.
CQG Preps Prototype Lab, Eyes Mobile
The web-based test platform will allow CQG to elicit feedback as it builds a new mobile data platform.
Startup iPerform Data Bows Near-Real-Time Bond Pricing
More frequent pricing will create greater transparency for traders and index providers, officials say.
Prague Stock Exchange Live On Xetra
Prague Stock Exchange has gone live on Deutsche Börse's Xetra trading platform.