Sell-Side Technology/News
Bloomberg Adds FX Options Functionality to Platform
Bloomberg has enabled foreign exchange (FX) options trading on its multi-bank trading platform, FXGO.
Swedbank Extends CLS Membership
CLS Group, the organization responsible for the mitigation of settlement risk for institutional foreign exchange (FX) transactions, has announced the addition of Swedbank as a settlement member.
Numerix Adds Derivatives Modeling Framework for Trading Desks
The firm's CrossAsset Integration Layer (CAIL), based on its current analytics platform, will allow users to build custom interfaces for listed, exotic, and structured products.
IPC Expands Connectivity with CME
Trading communications provider IPC says CME has added its Financial Markets Network as an "approved telecommunication service provider" for its Aurora, Ill. datacenter.
Omgeo Expands Chilean Presence as 3 Brokers go Live on Omgeo CTM
Three major Chilean broker-dealers ─ LarrainVial, Celfin Capital and IM Trust ─ are now live on Omgeo's trade matching service, Central Trade Manager (CTM).
Using Gnodal Switches, Emulex Builds a Network Congestion Reducer
Network latency has been reduced by half in tests, ideal for high frequency trading.
Mexican Bank Adopts SunGard For Treasury Management
The Front Arena solution supports trading and portfolio management, among other Banca Afirme needs.
Cleartrade Exchange Enables Price Discovery of OTC Derivatives
Cleartrade Exchange, the Singapore-based venue supporting the trading of over-the-counter (OTC) derivatives, has launched a new service enabling the automatic injection into the market of orders linked to an underlying commodity price.
Squawker Chooses BT Radianz for Infrastructure Provision
Squawker, an electronic trading venue due to go live in the first quarter of next year, has entered into a strategic partnership with BT Radianz.
Saxo Bank Signs with Greenline for Testing, Monitoring Solutions
Danish investment bank Saxo Bank is partnering with Greenline Financial Technologies for a suite of testing, certification and monitoring solutions: CertiFIX, MagniFIX and VeriFIX.
CITIC Takes SuperDerivatives for Risk Management
CITIC Bank International (CBI) has expanded its use of SuperDerivatives data and technology to encompass its risk management division.
Orc Links ABN Amro for Execution
Orc, a technology vendor owned by Nordic Capital Fund VII, now provides access to US execution services through ABN Amro Clearing.
BT Combines Trading, CRM Systems at Mizuho
London-based Mizuho International has selected BT for the integration of its client relationship management (CRM) software, its research arm and its trading systems.
PNC Makes Van Wyk Head of Tech and Ops
The former ING COO takes over for 29-year veteran Tom Whitford.
FXall Adds Three Banks for Options Pricing
FXall, the Thomson Reuters-owned foreign exchange (FX) platform, has announced the addition of JPMorgan, Morgan Stanley and Goldman Sachs to its Multibank Options offering.
NYSE Partners ATG for Brazilian Equities Venue
NYSE Technologies and the Americas Trading Group (ATG) have announced that they will form a joint venture aimed at establishing a Brazilian platform.
Neonet Signs Prize Capital Markets
Oslo-based broker Prize Financial has selected Neonet for its managed execution services.
Eurex Launches CCP for Bilateral Securities Lending
Eurex Clearing is set to establish the first European central counterparty (CCP) for the bilateral securities lending market, the company has announced.
Deutsche Bank Launches Application-based Fund Solution
The Autobahn App Market gives access to research and analytics through a single sign-on environment.
MarketAxess to Acquire Euroclear's Xtrakter
MarketAxess is set to acquire Xtrakter, a provider of regulatory transaction reporting and a wholly-owned subsidiary of Euroclear, early next year.
New Misys Tool Aggregates Risk
London-based technology provider Misys says its Global Risk offering interacts with firms' internal or third-party systems to create an enterprise-wide view.
Infrastructure Ready for OTC Reforms, FSB Reports
The Financial Stability Board (FSB) has released its latest report on readiness for meeting Group of Twenty (G20) mandate for the reform of over-the-counter (OTC) derivatives trading.
CQG Releases Integrated Client 2013
Fresh order entry tools and keyboard shortcuts are among the upgrades to the software.
BAML, SunGard Forge Treasury Knowledge Alliance in Asia-Pacific
Bank of America Merrill Lynch (BAML) and SunGard are set to launch a treasury knowledge platform in the Asia-Pacific.