Sell-Side Technology/News
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.
MarketPrizm Moves Into SGX
The new co-location infrastructure is the latest in MarketPrizm's move into Asia.
Icap Revamps Plus Stock Exchange Under New Name
Interdealer broker Icap has announced the launch of Icap Securities & Derivatives Exchange (ISDX), the remodeled version of the Plus Stock Exchange (Plus SX) acquired earlier this year.
Dion Launches X-Gen 4 for STP
Dion Global Solutions has launched the latest version of its business process engine X-Gen.
JSCC Extends Calypso Clearing Service to IRS
The Japan Securities Clearing Corporation (JSCC) has announced the introduction of Calypso for its interest rate swap counterparty clearing service.
Redline Reports Microsecond Benchmark in Futures Test
Ultra low-latency technology provider Redline says a futures latency test, performed with the CME, a prop trading firm, and the Securities Technology Analysis Center (STAC), has presented the first tick-to-trade performance measure for its InRush 3…
Taiwan Depository & Clearing Corporation Chooses Calastone for Fund Automation
The Taiwan Depository & Clearing Corporation (TDCC) has partnered with technology provider Calastone in preparation for the launch of its fund order routing service in Taiwan next week.
Torstone Partners Daiwa Institute of Research for Asian Reconciliation
London-headquartered software provider Torstone Technology has partnered with Daiwa Institute of Research (DIR), the research arm of Japanese securities brokerage Daiwa Securities Group.
Norddeutsche Landesbank Selects Settlement Software from icubic
Hanover-headquartered Norddeutsche Landesbank has adopted icubic AG's iMarket software to increase the speed and efficiency of settlements.
European Parliament Affirms Mifid II Proposals To Curb HFT, Create OTFs
The European Parliament today rubber stamped regulatory proposals set out by the European Commission in its Markets in Financial Instruments Directive (Mifid) and Regulation (Mifir).
Chi-X Japan Given Proprietary Trading System Status
Chi-X Japan has been granted proprietary trading system (PTS) status by the Japanese Financial Services Agency (FSA).
ISDA Backs OTC Clearing Standard
Launched by Sapient over the summer, the Clearing Connectivity Standard now has the support of the OTC derivative trade group.
Link Up Markets Taps Swift for T2S
Link Up Markets, a consortium of 11 European central securities depositories (CSDs), will connect to Target2-Securities (T2S) via Swift’s financial messaging network, once the new pan-European settlement infrastructure is launched in 2015.
NYSE Tech Expands FIX Capabilities with Appia Business Centre
Through the Appia suite of products, also including the core Appia FIX Engine and TradeScope, a monitoring solution, global market participants have access to the tools to manage and monitor their FIX infrastructure, connectivity and traffic.
With Redkite Acquisition, NICE Gains Real-Time Surveillance Capabilities
Compliance software vendor NICE Actimize has acquired Redkite Financial Markets, a provider of cloud-based surveillance technology, in a deal that completed earlier this week.
Russia's Otkritie Selects New CEO
Ruben Aganbegyan has been named the new CEO of Moscow-based financial services group Otkritie, and will also chair the firm's managing board.
IPC Expands Korean Connectivity
Communications and turrets provider IPC says Koscom, technology arm of the Korean Stock Exchange (KRX), will use its Connexus extranet and Direct Connect data service to upgrade their operations in Busan.
LME Signs Surveillance Deal with MillenniumIT
The London Metal Exchange (LME) has agreed a deal with MillenniumIT for multi-asset surveillance technology.
New CME Globex Platform Now Live, With a New Matching Engine, Interfaces Coming
Last week the CME went live with its new Globex platform, the CME Performance Release, which features a new infrastructure and order gateways. The platform aims to increase predictability for the CME's customers, with plans for a new matching engine in…
Orange Boosts UK Team with MD Hire
Nigel Warner has been appointed as the UK managing director of Orange Business Services - Trading Solutions.
Moscow Exchange Taps Equinix for Low-Latency Link
Moscow Exchange has connected to Equinix's London LD4 International Business Exchange datacenter for direct access to its markets.
Capital Partners and Quote MTF to Launch New Spanish Venue
Multilateral trading facility (MTF) Quote MTF and London-based Capital Partners are planning to launch a Spanish trading platform in coming months, challenging the fourth-largest European market's incumbent exchange.
PDQ Debuts Algos for Manual Traders
Manual traders can now get co-located execution without owning any co-located servers.
Numerix's LiquidAsset to Cover Municipal Derivatives
The valuations analytics provider says its solution, LiquidAsset 2.1, will now be able to support vanilla and basis muni swaps, swaptions, swap and bond curves, fixed rate muni bonds, and muni variable rate demand obligations (VRDO).