Sell-Side Technology/News
Schaffer Lands CFO Role at Rimini Street
Schaffer will oversee Rimini Street's financial strategy, including corporate finance, accounting and investor relations, and will report to Rimini Street CEO Seth Ravin.
Kuwaiti Bourse Debuts Nasdaq-Powered Platform
Technology will initially support cash equities and forwards.
Omgeo: Settlement Risk Still a Significant Challenge
Omgeo study suggests value of equity transactions at risk of failure could be $970 billion, while fixed-income transactions at risk could amount to $300 billion.
New Trading Surveillance Offering from Kinetic-Redkite Alliance
The partnership will help firms respond to regulatory pressure to adopt automated, real-time trade monitoring and surveillance practices.
Rodman & Renshaw Changes Names, Strategy, and Management
The New York broker-dealer is undergoing a seismic shift as it becomes a technology provider. Now, even its flagship product is altering its market approach.
Polen Can't Stay Away From Fidessa
Fidessa's new head of business development in the US spent his first 13 years in the industry there.
LCH.Clearnet Takes CDSClear to New Jurisdictions
Previously offered in the French market, the service will provide clearing for 129 swaps contracts and default management processes.
Fitch Expands CDS Pricing Service
Fitch Pricing Service expanded to include single name CDS derived bid-offer spreads and CDS benchmark curves.
DTCC Expands Chennai Office
The DTCC's Chennai operation will support the firm's transaction-processing, funds delivery, and data storage businesses.
MarketPrizm to Provide Connectivity to GES Europe
Ultra-low latency access to be provided to GETCO Execution Services Europe through PrizmNet.
Eris Exchange Taps IPC's Connexus Extranet
Futures exchange will use connection to access wider pool of market participants for its Swapbook trading platform.
Gain Capital Picks StreamBase for Liquidity Optimization
The FX solutions provider liked LiveView's real-time data processing capabilities.
Cleartrade Exchange Launches Trading App
App delivers information on intra-day and closing bids and offers, as well as transacted prices of contracts.
Zames Replaces Drew at JPMorgan Chase
CIO retires in the wake of trading loss controversy.
Plus Markets to Shut Doors
Operational costs force exchange group's closure after failure to secure sale.
The First from Asia, GF Futures to Co-locate on NYSE Liffe
The firm is the first from Asia to connect to European liquidity through the derivatives exchange.
FXSpotStream Launches Price Aggregation Service
New multibank service aimed at pricing information for spot FX trades.
CFTC Extends Deadline for Swaps, SEF Regulation Implementation
The regulator's order, providing an additional six months from previously, will see parts of Dodd-Frank Title VII implemented by December 31 of this year.
Instinet Loses Co-CEO
In a late afternoon announcement, the brokerage said Anthony Abenante is stepping down.
Savvis Opens London Datacenter
The new Docklands center adds to a London portfolio that already includes Slough and Reading.
Chi-East to Close Doors
Dark pool to shutter due to 'commercial considerations'.
MarketPrizm Announces Asian Network
Low-latency data distribution infrastructure allows for APAC market access.
Thomson Reuters Launches FX Analysis Service
FX Buzz will be integrated into Thomson Reuters' existing products.