Sell-Side Technology/News
Trading Technologies Connects to Eris Exchange
Trading Technologies (TT), a Chicago-based provider of trading software for derivatives traders, has connected to SwapBook, the trading platform of Chicago-based swap futures exchange Eris Exchange.
ABG Sundal Collier Taps SunGard Front Arena
Nordic institutional broker ABG Sundal Collier (ABGSC) has selected SunGard’s electronic-trading platform Front Arena, to support its global operations and growth goals.
Panopticon Adds HTML5 Support, Visualization Tools with Update
Data analysis vendor Panopticon has announced the 6.2.2 release of its flagship software, including enhanced visualization tools and deployment methods that include HTML5 publishing capabilities suitable for mobile devices.
Orange Sells Trading Solutions Business to Gores Group
The Gores Group, a US-headquartered private equity firm, has announced its acquisition of the Paris-based provider of voice and electronic trading infrastructure, Orange Business Services ─ Trading Solutions, a subsidiary of France Télécom-Orange.
NYSE-ICE Acquisition Proposal Gains Shareholder Approval
Shareholders in NYSE Euronext have approved the acquisition of the stock exchange giant by IntercontinentalExchange (ICE), one of the first steps in the formalization of an entity that spans equities, commodities and derivatives trading.
Nasdaq to Monitor Performance With Corvil
Nasdaq OMX continued the evolution of its operational risk management tools and its relationship with Irish performance monitoring specialist Corvil with its implementation of CorvilNet. By providing greater visibility into trading events, CorvilNet will…
Nasdaq Completes Purchase of Thomson Reuters Businesses
Nasdaq OMX has completed its acquisition of Thomson Reuters' investor relations, public relations and multimedia solutions businesses, which will be integrated with Nasdaq's global technology solutions business.
Nomura Turns to NRI for Mobile CRM
Nomura Securities has implemented the customer relationship management (CRM) solution for mobile devices from Nomura Research Institute (NRI), an unaffiliated Japanese vendor.
Ex-Tradeweb, Benchmark Solutions CEO Toffey Joins GFI
James Toffey, who founded Tradeweb and later worked with private equity firm Warburg Pincus to build short-lived fixed income pricing provider Benchmark Solutions, will head up the interdealer broker's electronic markets in cash, derivative instruments,…
Misys Global Risk to Launch New Risk Tool
Software vendor Misys has launched its new risk-management solution, Misys Risk Insight, a centralization tool for risk information.
Wood & Co Financial Services Joins SunGard Global Network
Prague-based broker Wood & Company Financial Services has joined the SunGard Global Network (SGN) to facilitate trading in Central and Eastern Europe and support growth.
FPL Releases HFT-Specific FIX Working Document
Fix Protocol Limited (FPL) has announced a new version of the Financial Information Exchange (FIX) language specific to high-frequency trading (HFT), inviting its member organizations to participate in a working document review.
Gottex Brokers Opens London Office
Interdealer broker Gottex Brokers has announced the launch of its London office, along with a raft of new hires in its credit team.
Object Trading to Provide DMA to Dubai Exchange
Object Trading's flagship direct market access suite FrontRunner is now live with clients connected to the Dubai Gold and Commodities Exchange (DGCX), and is available to provide direct market data and risk-managed trade execution.
Nasdaq OMX Launches Derivatives Venue NLX
Nasdaq OMX is today launching NLX, its new London-based derivatives market after it received regulatory approvals and announced its initial participating institutions.
Newedge Deploys Succession Systems for Pre-Trade Risk Management
Broker-dealer Newedge has rolled out Succession Systems’ TripleCheck product, ahead of the May 31 deadline for entities trading in Canada to comply with Investment Industry Regulatory Organization of Canada (IIROC) rules regarding automated trading risk…
Exit Stage Left For JPMorgan CIO Chiarello
JPMorgan CIO Guy Chiarello is stepping down, according to an internal memo circulated within the bank and seen by the Wall Street Journal.
Clearstream Nudges DVP Settlement in Russia
Clearstream has announced it will deliver its new Russian delivery-versus-payment (DVP) settlement solution later this week, to help accelerate the set-up of an effective post-trade framework in Russia.
Chi-X Canada Launches CX2
Chi-X Canada ATS has announced the successful launch of its second Canadian alternative trading system, CX2.
Nasdaq Fined $10 million for Facebook IPO Failings
The US Securities and Exchange Commission (SEC) has levied a $10 million fine on exchange operator Nasdaq, in response to its system failings while conducting the initial public offering (IPO) for Facebook.
CQG Lowers Latency on Deutsche Börse Event-Driven Trading
Denver-based vendor CQG has partnered with Deutsche Börse to provide automated, event-driven trade execution via the AlphaFlash Trader application through the CQG Integrated Client and CQG Trader application programming interfaces (APIs).
PEAK6 Chooses SunGard for Investment Management
PEAK6 Advisors, a Chicago-based asset manager specializing in alternative investments, has gone live with SunGard's Front Arena and Monis solutions for portfolio and risk management, valuations and trade processing.
NLX Gains Regulatory Approval for Launch
Nasdaq OMX NLX and LCH.Clearnet have announced that they have received the prerequisite regulatory approval to launch trading and clearing on the new NLX derivatives venue, commencing Friday May 31.
Interbolsa Takes Swift VAN for T2S
Portugal's central securities depository (CSD) operator, Interbolsa, has signed on for Swift's value added network (VAN), a key aspect of connectivity to the Target2-Securities (T2S) platform