Sell-Side Technology/News
Chi-X Canada to Launch New ATS in 2013
CX2 will target institutional and retail investors when it launches in the first quarter of next year.
CFTC Split Over Inter-Affiliate Clearing Exemptions
Regulators support proposal in principle, but divided over variation margin payments.
BNY Mellon Adopts DTCC Messaging
The corporate actions messaging solution, run on the Swift network, is an effort to standardize global messages.
Icap to Establish a Single Global Broking Service
Broking had been run on a strictly regional basis at the interdealer broker.
LCH.Clearnet Acquires IDCG
UK clearing house expands US presence with buy.
CLS Group Appoints New CEO
Ex-JPMorgan executive to lead settlement bank.
JonesTrading Acquires Conifer Securities
The deal opens up access to new services for both firms.
Cleartrade Exchange, Tradex Launch Chinese Platform
Singaporean partnership to yield Chinese-language GUI.
Former SunGard Boss Joins Startup True Office as Chairman
Conde had been with SunGard for 24 years before leaving last year.
Smart Move for RBS Appointment
Morgan Stanley staffer joins British bank.
ASX Implements TMX Group's Razor Risk
The platform is being introduced ahead of clearing for equities at the Sydney exchange.
Maple Renamed TMX Group Limited
Maple completed its share transaction of outstanding TMX Group shares.
ASIC Tightens Automated Trading Controls
Australian regulator publishes draft rules on algorithmic trading oversight.
Somalia to Launch Stock Exchange
East African country plans to start exchange in Kenya in Q1 2013.
Excelian Completes Lloyds Murex Upgrade
Tech firm moves banking giant onto MLC platform.
TMX Offers Pre-Trade Risk Tool
The offering is being made in part to comply with upcoming risk management regulation.
SEC to Host Tech-Focused Rountable
Following Knight's loss event, regulator to home in on automated trading.
Polish Broker Connects to WSE Through SunGard
Alior Bank to manage Warsaw Stock Exchange order flow with Valdi.
BGC and Thesys Partner for Microwave Data Route
Broker and tech provider creating NJ-Illinois network.
RBC Investor Services Promotes Anderson as Head of Network Management
The veteran of Northern Rock will be based in Dublin.
Knight is a Market Maker Once Again
NYSE will return direct market making responsibilities to the firm next Monday.
Orc to Support New Eurex Platform
Initiative will support improved performance, new order types, and more efficient processing and reporting functions.
BAML Appoints Two for Global Transaction Services
Bill Borden will oversee product solutions while Dennis Sweeney will continue to specialize in treasuries.
Another Tech Glitch Halts Trading on the TSE
This is the second disturbance this year, as it is working to take over the Osaka Securities Exchange.