Sell-Side Technology/News
TraFXpure Renames, Adds Mitsubishi and Nomura Before Launch
TraFXpure, the bank-backed foreign exchange (FX) platform being developed by interdealer broker Tradition, has added Nomura Securities and Mitsubishi UFJ to its supporters, and will rename as ParFX ahead of its 'imminent' launch.
smartTrade Enhances Mobility with HTML5 Upgrade
Foreign exchange (FX) and gold trading vendor smartTrade has upgraded its LiquidityFX and Liquidity Management System products with an HTML5-based front end, allowing for enhanced mobile functionality.
Bank of China Implements Murex Platform
Bank of China has chosen Murex's MX.3 platform to provide a fully integrated front-to-back solution for treasury and trading.
Gresham Invites FDM to Help Implement its Transaction Control Software
Gresham Computing, a provider of transaction control solutions, has appointed FDM Group, fellow London-based IT services provider, as a strategic implementation partner for its Clareti Transaction Control (CTC) software.
FFastFill Hires NYSE Vet for Strategy Post
Trading and risk management vendor FFastFill has hired Paul MacGregor as its managing director of product strategy for Europe.
India's Third Bourse Eyes February Open for Equities Trading
Multi Commodity Exchange of India (MCX) is preparing to launch trading in cash equities and equity derivatives on February 11, under the MCX-SX banner, the bourse has announced.
Information Mosaic Preps IMActions for T2S
Post-trade software provider Information Mosaic, based in Dublin, says its corporate actions solution has been enhanced to meet the new European settlement protocols.
Kyte Group Live with AlgoSpan Platform
Kyte Group, a Futures Commission Merchant (FCM), has gone live with AlgoSpan's low-latency exchange market access platform.
Volante Opens Dubai Office, Announces Two Hires
Volante Technologies, a New York-based provider of financial data integration, has opened a new office in Dubai and announced the appointment of two new hires.
Korek Lands CEO Role at Kinetic Partners
London-based financial services advisory firm Kinetic Partners has installed Julian Korek as its new CEO to lead the firm’s expanded management team.
Sommers Leaves CFTC
Jill Sommers has announced that she will be leaving the US Commodity Futures Trading Commission (CFTC), where she has served as a commissioner since 2007.
Former US Attorney to Head SEC
President Barack Obama will name Mary Jo White to take the place of Mary Schapiro as the chair of the US Securities and Exchange Commission.
Nasdaq to Power Trading and Clearing on East African Exchange
The East Africa Exchange, a new commodity exchange opening in Kigali, Rwanda, has selected Nasdaq OMX as its technology partner.
National Bank of Malawi Installs Misys Global Risk
The Sub-Saharan nation's largest bank, known locally as NBM, will use the firm's Regulatory Compliance solution to meet Basel II requirements.
Stewart to Lead Credit Suisse in Australia
Rob Stewart has been appointed CEO of Credit Suisse in Australia, effective Feb. 1. He will remain co-head of the investment banking department.
Kunz Becomes Chair of Information Mosaic
Information Mosaic, the Dublin-based post-trade software company, has named Ulrich Kunz as the new non-executive chairman, effective immediately.
Nasdaq Hosts New Euro Market with Equinix
Nasdaq OMX NLX, the new interest rate derivatives market from the US exchange operator, will be located in Equinix's LD4/5 data center in Slough, just outside of London.
Standard Bank Deploys Caplin for New SDP
South Africa-based Standard Bank has gone live with its new single-dealer platform, built on Caplin Systems' technology, the UK-headquartered vendor has announced.
Fenics Embeds Options Pricing into 360T
Fenics Software, a GFI Group company, has signed an agreement with 360 Treasury Systems (360T) to embed the Fenics FX Options Pricing engine (Fenics ePricer) into 360T's TEX multi-dealer trading system.
LiquidPoint Adds Reilly as SVP
ConvergEx Group announced that Craig Reilly will join the firm's LiquidPoint unit as its senior vice president of options sales.
Banchile Selects Fidessa for Sell-Side Trading
Chilean broker Banchile has chosen Fidessa's Latin American sell-side platform to support its trading activities, the UK-headquartered vendor has announced.
ADS Securities Chooses Corvil for FX Platform Monitoring
ADS Securities, an Abu Dhabi-based brokerage, has chosen Corvil to manage its new foreign exchange (FX) platform, which will launch later this year.
Congressman Lobbies SEC for HFT Crackdown
Representative Ed Markey (D-Mass.) has written to the Securities and Exchange Commission (SEC), advising it to curb the practice of high-frequency trading (HFT).
Kyte Group Integrates b-next Market Abuse System
Clearing and broking provider Kyte Group has rolled out b-next's multi-asset, multi-venue market abuse surveillance system, CMC:Suite.