Sell-Side Technology/News
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
Cleartrade Exchange Launches Reporting Service for OTC Derivatives
Cleartrade Exchange (CLTX) has launched a third-party reporting service, through an electronic connection to the swap data repository (SDR) owned by the Depository Trust & Clearing Corporation (DTCC).
Nasdaq Banks on Mid-East Sukuk Platform
Nasdaq Dubai is preparing to launch a platform dedicated to the trading of Islamic bonds, known as sukuk, and conventional bonds.
Rapid Addition Partners with Azul Systems to Enhance its Java Virtual Machine
Trading technology provider Rapid Addition has announced its partnership with Azul Systems to offer low latency, jitter-free Java trading engines.
ConvergEx Upgrades MillenniumSM ATS
New York-based agency broker, ConvergEx Group, has upgraded its MillenniumSM Alternative Trading System (ATS), reducing its trading latency by 75 percent.
Bloomberg Releases IB Dealing for FX Traders
The chat-based platform, called Instant Bloomberg (IB) Dealing, is now being used for trade negotiation and execution by more than 100 banks globally.
Westpac Taps Broadway Technology for Global FX
The Sydney-based bank's institutional arm says it will deploy Broadway's high-performance TOC software platform to back increased trading activities in Australian (AUD) and New Zealand (NZD) dollars, key Asian currencies, and the mainstay G3: US dollars,…
Calypso Opens Beijing Office
Treasury and capital markets software vendor Calypso Technology has announced the opening of a new presence in Beijing.
S&P Capital IQ Extends QuantLINK Solution to HKEx
S&P Capital IQ’s Real Time Solutions has extended QuantLINK, its high-performance global trading infrastructure and co-location hosting service, to the Hong Kong Exchange's (HKEx) datacenter to capture the growth still occurring in the region.
Gill appointed CEO of Millennium IT
Trading technology firm Millennium Information Technologies (MillenniumIT) has appointed Mack Gill as its new CEO to support the firm's global expansion.
GFI Builds Out SEF, DCM Capacity with Violin Memory
Wholesale brokerage and electronic execution provider GFI will deploy Violin's solid-state Flash Memory Arrays for increased speed and capacity across all its trading platforms.
Aquis Exchange Teams with FixSpec for FIX Certification
Aquis Exchange, a proposed pan-European equities trading exchange, has teamed up with FIX certification and connectivity provider FixSpec to allow prospective Aquis members to access its online automated certification platform.
SunGard Consolidates Protegent into Single Platform
SunGard has announced the integration of its various Protegent market surveillance products into a single platform, to provide a consolidated view for compliance officers across a firm.
The Order Machine Moves from Stockholm to London
Derivatives trading platform, The Order Machine (TOM), has moved its matching engine from Stockholm and is now operating from London, to better service UK-based interest.
Hong Kong Mercantile Exchange Forced to Close its Doors
The Hong Kong Mercantile Exchange (HKMEx) has handed back its trading license two years after opening, as the exchange is no longer able to meet required regulatory financial conditions.
ConvergEx Launches Tax Solution for Brokers
ConvergEx Prime Services, the company's prime brokerage unit, has released Tax Optimizer, which will allow users to better understand their tax liabilities.
CLS AS Adds Mizuho Corporate Bank
Mizuho Corporate Bank has joined the CLS Aggregation Service (CLS AS), operated by CLS Group and Traiana, for trade compression in the foreign exchange (FX) market.
South Korean Fragmentation Pushes Koscom to Turn to SmartTrade for Smart Order Routing
Koscom, a Seoul-based solutions provider, has selected the Liquidity Management System (LMS) from Paris-based SmartTrade to offer aggregation and smart order routing to their clients.
Goldman Sachs Eyes Internal Messaging Services
After the discovery that Bloomberg's reporting staff were monitoring information from terminals—including JPMorgan's $6 billion “London Whale” trading debacle last year—Goldman Sachs is reportedly considering reduced reliance on the ubiquitous market…
SAP Unifies Cloud Under HANA
SAP has announced that it will bring its portfolio of cloud offerings into alignment with the HANA platform, giving a single point for cloud-based technology from the vendor.
New UK Regulator Goes Live With Nasdaq Surveillance Tool
The Financial Conduct Authority (FCA), a UK regulator formed in April, has gone live with Nasdaq OMX's Smarts Integrity market surveillance platform to enhance its monitoring of transaction reports across the UK's financial markets.
Numerix Partners with Quartet FS for Real-Time Data Visualization and Reporting
New York-based Numerix, a provider of cross-asset analytics for derivatives valuations and risk management, has announced an alliance with Quartet FS, the London-based provider of in-memory analytics technology, that will see the two firms offer a…
Quantifi Hires Raveschoot as Head of EMEA Ops
Quantifi, the New York-based provider of analytics, trading, and risk management technology to the global OTC markets, has appointed Bruno Piers de Raveschoot as head of the firm’s EMEA operation.
INTL FCStone Eyes Controlling Interest in Cleartrade Exchange
Futures broker INTL FCStone has announced its intention to take a controlling interest in Singapore-based commodities bourse Cleartrade Exchange.