Sell-Side Technology/News
Options Expands FX Connectivity
Private financial cloud provider Options has expanded connectivity to 60 global foreign exchange (FX) markets
SEC Mandates Regular Testing of Technology
The Securities and Exchange Commission (SEC) has approved plans to replace voluntary testing of technology with regular, mandatory evaluations.
LSE, LCH Agree Revised Offer Terms
The London Stock Exchange Group (LSE) and LCH.Clearnet have announced the agreement of revised terms that will see the exchange group take a majority stake in the clearinghouse.
Berkeley Futures Offers DMA Through CQG
Berkeley Futures, a UK futures, options and foreign exchange (FX) broker is now offering direct market access (DMA) via all CQG platforms, including CQG Trader, QTrader, ChartTrader, CQG API, and CQG's flagship product, CQG Integrated Client.
Itaú BBA Taps Broadridge for Sec Lending, Repo
Brazilian bank Itaú BBA, which is adding the US dollar-based products to its Itaú BBA USA Securities arm, is set to use Broadridge's comprehensive business process outsourcing (BPO) solution, which includes both technology provision and services hosting.
Numerix Releases Server Version of CrossAsset
Numerix, a New York-based provider of cross-asset analytics for derivatives valuations and risk management, has announced the release of CrossAsset Server (CAS), which extends the features of Numerix CrossAsset─the library of market standard valuation…
Orange Partners Nice for Voice Recording
Orange Business Services - Trading Solutions, a provider of voice and electronic trading infrastructure, has partnered with Israel-based voice recording vendor Nice Systems to launch a new recording system.
MarketAxess Completes Xtrakter Acquisition, Appoints Urtheil
MarketAxess has completed its acquisition of Xtrakter, the former subsidiary of Euroclear, which provides regulatory transaction reporting.
South Korean Government Approves Central Clearing
The South Korean Financial Services Commission (FSC) has announced that central counterparty clearing houses (CCPs) will be mandated for certain over-the-counter (OTC) derivatives transactions.
ECB Taps Thomson Reuters' Eikon for Central Bank Network
The European Central Bank (ECB) has signed a three-year deal with Thomson Reuters to deploy its Eikon financial markets desktop across 18 national central banks.
ISE Taps Cornish for CTO
Rob Cornish has been named the new chief technology officer of the International Securities Exchange (ISE).
Finra Taps Citi's Randich as CIO
Former Citi, Nasdaq CIO will lead regulator's technology initiatives.
LCH.Clearnet Selects New US CEO
David Weisbrod has been appointed as the new CEO of LCH.Clearnet's US subsidiary, the clearing group announced.
FixSpec Establishes FIX Testing Utility
Service and utility provider FixSpec has set up a multi-venue certification service for developers working on FIX applications.
Renaissance Capital Taps GATElab for Margining
Moscow-headquartered investment bank Renaissance Capital has rolled out GATElab's MICEX and FORTS HFTS Gateways for cross-asset margining.
Orange, Bloomberg Partner for Voice Record Archiving
Orange Business Services - Trading Solutions has partnered with Bloomberg to launch a cloud-based voice record archiving service.
ITRS, Verdande Partner on Systems Risk
Verdande, the case-based reasoning (CBR) systems provider based in Trondheim, Norway, will integrate its Edge platform into ITRS's Geneos application performance monitoring solution.
Jefferies & Co. Takes a Pair from IPC
The global investment banking group is plugging into IPC's Connexus extranet as well as the communications provider's Direct Connect data service.
Tradenext Partners Tradable for Open Source Platform
Foreign exchange (FX) broker Tradenext has announced that it will launch a co-branded trading platform along with open source tech vendor Tradable later this year.
Sucden Taps Currenex for FX, Bullion
Sucden Financial, the London brokerage arm of Sucres & Denrées, has chosen Currenex to provide foreign exchange (FX) and bullion trading services.
Tradeweb Adds Interdealer Trading to CDS Index Platform
Tradeweb Markets, a New York-based provider of fixed income marketplaces, has added interdealer trading to its European electronic iTraxx credit default swap (CDS) index platform.
WSE Sets April Date for NYSE UTP Move
The Warsaw Stock Exchange (WSE) has said that preliminary testing for its move to NYSE Technologies' Universal Trading Platform (UTP), which will occur on April 15, 2013, has finished successfully.
Nastel Unveils Dodd–Frank Compliance Offering
Nastel Technologies has announced it will begin selling a new solution, AutoPilot for Dodd–Frank compliance, to help banks and brokerages meet their reporting demands.
NRI Expands Presence in Thailand, Eyes Southeast Asia
Tokyo-based Nomura Research Institute (NRI) has established a subsidiary, NRI Thailand, in the Pacific Ocean kingdom, with eyes toward further growth in Southeast Asia.