Sell-Side Technology/News
Lightower Expands East Coast Fiber Network
Major New Jersey extensions for multi-industry connectivity routes.
Anticipating Hong Kong Short Positions Reporting Rules, ConvergEx Updates OMS
The rules, set to be implemented in June, provide more stringent standards for weekly reporting of net short positions on Hong Kong Stock Exchange-listed firms.
Bursa Malaya to Use Greenline for FIX Testing
Greenline's VeriFIX testing solution is already in use at regional exchanges in Latin America and Eastern Europe.
Swedbank Chooses Numerix CrossAsset Platform
Cross-asset platform provides framework for structuring, pricing and managing complex derivatives and structured products.
DBS Vickers Takes Spectrum MarginTrac for Swaps Dealing
STP platform used for trade capture and risk management.
Cinnober Debuts Scila Compliance
New software for brokers and investment banks combines compliance with performance measurement.
Thomson Reuters' Beta to Connect Dealers to DTCC's Alternative Investments Custody, Clearing
Partnership follows on SEC rule change in March allowing the NSCC to undertake comprehensive processing of alternative investments.
New Zealand Exchange Chooses X-stream
Nasdaq OMX will provide the new platform for the Asia-Pac exchange.
FTEN Adds Real-Time Options Analytics to Risk Platform
RX platform enables risk managers to leverage volatilities data and view exposures in real-time, complying with SEC and Finra regulation.
FactSet to Add Lodge Partners' Equity Research
Australian equities broker to distribute analysis on firms' weekly and monthly earnings revisions to buy-side.
Sukhobok Finds His Way Back to Otkritie
He will be in charge of global electronic trading at the Russian bank.
Fixnetix Connects to LME
London Metal Exchange is the 85th market to which Fixnetix offers connectivity.
4sight Launches Collateral Optimization Module
'What if' scenarios can also be run on the Xpose collateral management system.
BWise Buy Bolsters Nasdaq OMX's Surveillance, Compliance Monitoring, Risk Management Solution
Nasdaq OMX will pair the new GRC technology with its own Smarts platform for comprehensive risk, compliance, and surveillance.
Miami International Securities Exchange Files with the SEC
Barring a setback, MIAX expects to have its application for options trading approved by Q3.
Expanding US Presence, Tullett Prebon Acquires Elevation
The deal will add to Tullett's offerings in equities and equity derivatives.
TMX Atrium Connects to Nordic Growth Market
The Nordic Growth Market provides access to equity and derivatives markets.
Neonet Adds Nordic Connectivity
Swedish execution provider adds Nordic Growth Market and Nordic Derivatives Exchange to connected markets.
Finra Fines Sell-Side Firms for Lacking 'Adequate Supervisory Systems'
Self-regulatory body says Citi, Morgan Stanley, UBS, and Wells Fargo did not have sufficient knowledge of leveraged and inverse ETFs they were selling.
Chi-X Europe Completes Bats Migration
Five months after the deal between Chi-X Europe and Bats was struck, all order books have been transitioned to Bats' technology.
Deutsche Börse Completes Eurex Acquisition
Frankfurt-headquartered exchange pays €295 million ($390 million) and 5.3 million shares to Six Swiss Exchange.
SuperDerivatives Taps Juston to Head Commodities Business
He brings structured finance expertise from BNP Paribas, Merrill Lynch.
Clearstream Joins T2S Initiative
CSD to support move to pan-European settlement platform.
Shaky Start to 2012 Hits NYSE Euronext
Bourse group's profits down amid failed merger and weak market conditions.