Trading Tech
Year of the Dragon: China Opens Up
As Europe wanes, China is on the rise. Through joint ventures with big-name banks, regulatory relaxation and the expansion of technology, the sleeping giant of the East is awake and opening up to foreign and domestic trade finance, but its technology…
Buy-Side Performance and Attribution: How Soon Is Now?
At one point during the recent roundtable discussion in New York, Waters editor Victor Anderson asked panelists what the biggest obstacles are facing asset managers in terms of their ability to produce detailed and frequent performance reports. Based on…
TMX Atrium Adds AlphaFlash News Feed
Luxembourg-headquartered infrastructure technology provider TMX Atrium has added the AlphaFlash news feed to its platform.
Taiwan Depository & Clearing Corporation Chooses Calastone for Fund Automation
The Taiwan Depository & Clearing Corporation (TDCC) has partnered with technology provider Calastone in preparation for the launch of its fund order routing service in Taiwan next week.
Hurricane? What Hurricane?
As Sandy sweeps across the East Coast, going electronic seems to make more sense than ever.
Omgeo Signs Legal & General to Central Trade Manager
Post-trade specialist Omgeo has announced that Legal & General Investment Management has selected its Central Trade Manager (CTM) software.
Nomura Overhauls Derivatives Operations with Fidessa
Global investment bank Nomura is set to upgrade its derivatives trading operations using technology from Fidessa, the third such large-scale implementation that the vendor has engaged in over recent months.
Rogue Trading: Leaving Less to Fate
The destinies of fallen traders Jérôme Kerviel and Kweku Adoboli are a matter to be settled, but what firms' compliance desks should be concerned with is clear: The more you know about a rogue trader, the more he or she begins to stand out.
Norddeutsche Landesbank Selects Settlement Software from icubic
Hanover-headquartered Norddeutsche Landesbank has adopted icubic AG's iMarket software to increase the speed and efficiency of settlements.
European Parliament Affirms Mifid II Proposals To Curb HFT, Create OTFs
The European Parliament today rubber stamped regulatory proposals set out by the European Commission in its Markets in Financial Instruments Directive (Mifid) and Regulation (Mifir).
Stenham Selects MSCI Platform for Risk Management
Stenham Asset Management has selected MSCI's RiskMetrics HedgePlatform to monitor its investments.
Increased Electronic Trading in Futures Means Major IT Upgrades Needed
As more and more buy-side firms seek to take advantage of electronic trading strategies for futures—such as routing orders through direct-market access (DMA) solutions or using algorithmic-trading options—brokers and third-party trading platform…
ISDA Backs OTC Clearing Standard
Launched by Sapient over the summer, the Clearing Connectivity Standard now has the support of the OTC derivative trade group.
Fulcrum Asset Management Chooses SS&C's Recon for Reconciliation
Landover, MD-based Fulcrum Asset Management has employed reconciliation and exception management software from SS&C Technologies.
SAS Prepares Event Stream Processing Software
Business analytics provider SAS has announced a launch date for its new event stream processing (ESP) software.
Orc Releases Unified Market Access Product
Capital markets software vendor Orc has announced the release of Orc Trade Access, its stand-alone product for market access connectivity.
Pricing Partners Enhances Credit Risk Engine
Analytics and valuations provider Pricing Partners has announced the addition of value-at-risk (VaR) assessments to its credit valuation adjustment (CVA) software.
MahiFX Adds Price Alerts, Historic Charting
The online platform now features customizable price alerts and a historical charting package to provide traders with greater insight.
NSE Shifts Blame for India Flash Crash
Since India’s S&P CNX Nifty index dropped 900 points earlier this month, the country’s largest exchange hasn't disclosed any evaluations of its own mistakes. One technologist has a few suggestions.