Sell-Side Technology/News
Volksbank Goes Live with Murex
Vienna-headquartered Volksbank Österreich has undergone a significant implementation covering cross-asset trading systems, risk management and straight-through processing (STP) from Murex's partner integration firm, MXG Team.
iForex Adds Gestures to Mobile Platform
iForex has announced the launch of its foreign exchange (FX) mobile trading platform, with in-built gesture functionality popularized by the Apple iPhone.
Goodbody Selects Salmon Software for Treasury
Dublin-based Goodbody Stockbrokers has implemented Salmon Software's treasury management system (TMS), Salmon Treasurer.
HKEx Completes LME Acquisition
Hong Kong Exchanges and Clearing (HKEx) has completed its acquisition of the London Metal Exchange (LME), closing with the full acquisition of issued ordinary share capital in the UK-based bourse.
LMAX Exchange Joins Equinix Data Center
LMAX Exchange, a multilateral trading facility for spot foreign exchange (FX) trades, has chosen Equinix's London LD4/5 data center in Slough as the hub for its operations.
Two More Quit in SEC Exodus
The US Securities and Exchange Commission announced last night that two more senior officials would be leaving the regulator.
FHLB Topeka Adopts Principia for Valuation
The Federal Home Loan Bank of Topeka (FHLB Topeka) has signed up to access Principia's web-based derivatives valuation and risk analytics platform.
UBS, HSBC Complete RMB Repo with Euroclear
UBS and HSBC have completed their first cross-border renminbi triparty repo, using Euroclear Bank and the Hong Kong Monetary Authority (HKMA) as collateral agents.
SunGard Supports NLX Through Stream Derivatives Suite
SunGard will support trading on the new London interest-rate derivatives venue, Nasdaq OMX NLX, through its Stream Derivatives suite.
Mobile Initiatives, Increased Regulation and Big Data on the 2013 Radar
Three issues ─ mobile initiatives, the specter of increased regulation, and the challenges and business opportunities around Big Data ─ dominated discussions during yesterday’s annual Waters USA conference in Manhattan, suggesting these concerns are…
StreamBase's Tibbetts: Capital Markets Firms "Well Placed" to Derive Value from Big Data
Victor Anderson speaks to Richard Tibbetts, CTO of StreamBase, at this year's New York-hosted Waters USA conference.
Fidessa Promotes Smart Approach to Tech Investment in White Paper
Trading technology vendor Fidessa has published a white paper that urges large-scale financial institutions to adopt a nuanced approach to in-house development of technology.
Chi-X Australia Appoints Market Ops Chief
Chi-X Australia has announced that Jamie Crank has been hired as the Antipodean bourse's head of market operations.
Thomson Reuters Enhances FX Matching Platform
Thomson Reuters has announced "significant" additions to its foreign exchange (FX) matching platform, including a new interface and FIX-based application programming interface (API).
Cantor Expands to Ireland with Dolmen Deal
Cantor Fitzgerald has announced the acquisition of Dublin-based Dolmen Stockbrokers, in a move that gives the US firm an Irish presence.
Getco Outlines Merger with Knight in Board Letter
Electronic market-maker Getco has provided a solid outline of how a merger with Knight would operate in practice, in a formal bid submitted to the broker-dealer's board.
Gresham Computing Claims Ultra-Low Latency Transaction Control
London-based Gresham Computing claims that its financial transaction control system can complete 500,000 transactions per second.
Prague Stock Exchange Live On Xetra
Prague Stock Exchange has gone live on Deutsche Börse's Xetra trading platform.
Direct Edge Adds Pre-Trade Risk Controls
Direct Edge has added EdgeRisk Controls, a pre-trade risk tool for its EDGA and EDGX Exchanges, which facilitates compliance with the US Securities and Exchange (SEC) Market Access Rule 15(c)3-5 for broker-dealers and their clients.
SEC Appoints IT Division CIO
The US Securities and Exchange Commission (SEC) has announced that Todd Scharf will take on the role of CIO in its Office of Information Technology.
Clearstream Opens Dublin Office
Deutsche Börse's clearing and settlement arm, Clearstream, has announced the opening of a location in Dublin, to better serve hedge fund clients.
TS-Associates Chooses NYI to Implement Instrumentation Solutions
TS-Associates, a provider of latency monitoring technology, has chosen New York-based NYI to host the reference implementations of its instrumentation solutions.
FTN Financial Implements SunGard's Stream Securities for Fixed Income
FTN Financial Capital Markets and FTN Financial Securities, subsidiaries of First Tennessee Bank, have implemented SunGard's Stream Securities to support their fixed income businesses.
FSA Approves HKEx Purchase of LME
The UK Financial Services Authority (FSA) has given the green light for Hong Kong Exchanges and Clearing (HKEx) to acquire the London Metal Exchange (LME).