Sell-Side Technology/News
Son Named Penson Interim CEO
Daniel Son takes over the role from his co-founder.
Numerix Opens Taiwan Presence
Vendor establishes office in Taipei.
Bank Pekao Rolls Out SunGard's Valdi for WSE Connectivity
Bank Pekao's traders will use Valdi to help improve and monitor order flows and provide a sales trading service.
FXall Adds FX Options
Bank of America Merrill Lynch and Credit Suisse were involved with the development process.
Analec Unveils ResearchWise to US Market
This is the second US roll out for the Singapore-based company.
ICE Rebrands YellowJacket Messaging
The new ICE Chat service will be available as a value-add to all WebICE users.
Ativa Live With Ullink's Trading Platform
Ativa also tapping Ullink's pre-trade risk and DMA monitoring software.
Renaissance Implements Calypso for Back-Office Ops
First phase completed, with additional go-lives scheduled for 2012.
Otkritie Installs Dubovets in Derivatives Team
Senior-level appointment puts ex-Surgutneftegaz man in sales director role.
ASIC Consults Further on Market Reforms
Australian regulator to seek more comment on automated trading.
NYSE Liffe to Build CCP, Severs with LCH.Clearnet
The exchange operator says its expanded NYSE Clearing, operational in June 2013, will consolidate derivatives clearing in Europe.
Cantor Fitzgerald Automates Corporate Actions with XSP
Investment bank to use XSPrisa product for processing requirements.
BNY Mellon Forms Global Collateral Management Arm
New division follows on global custodian's strengths and will include a collateral management technology platform.
EuroCCP Adds Jefferies as Individual Clearer
New status marks 27th ICP for house.
Trading Technologies Rolls Out Two Client Wins
UOBBF and Macquarie signed by tech vendor.
Jefferies Bache Implements FX Solution from Progress
Originally using Progress just for aggregation of FX spot liquidity, the FX dealer has expanded the relationship.
Deutsche Bank Makes TargetClose Algo Available in the US
The algorithm was launched in Europe four years ago.
ICE to Embed OptionsCity Software
Pricing and theoretical values will be displayed within ICE's YellowJacket communications interface.
Verdande Launches Case-Based Reasoning for Financial Firms
The application, which uses static data sets to correlate real-time events with past actions, leverages the firm's previous work in the oil and natural gas industries.
ISE Implements Solarflare Adapters
The 10GbE mezzanine adapters reduced round-trip latency by 57 percent.
Thomson Reuters' MarketPsych Indexes Suited to HFT
The partnership with MarketPsych will augment Thomson Reuters' existing news analytics with processing backed by behavioral economics.
Deutsche Börse Signs MoU with GreTai Securities Market
The European and Taiwanese exchanges will collaborate on areas of common interest.
MarketPrizm Launches PrizmFX
Adds FX to asset class coverage with new product.
Société Générale Implements FRSGlobal for Asian Regulations
Technology from Wolters Kluwer Financial Services automates bank's regulatory returns.