Sell-Side Technology/News
Icap Starts EBS Update
LONDON & SINGAPORE-Interdealer broker Icap plans to roll out new features on its electronic foreign exchange (FX) trading platform, EBS Spot, on Saturday, Nov. 22, according to Icap officials.
Special e-FX Wizards
As foreign exchange (FX) trading volumes continue to break records, DWT European reporter Cecilia Bergamaschi discusses the evolution of e-FX trading platforms with Saxo Bank's head of product management Brian Kelly.
Nasdaq OMX Sets January New Quote Launch
NEW YORK-Exchange operator Nasdaq OMX Group plans to launch its second U.S. protected quote on Jan. 6, pending approval by the U.S. Securities and Exchange Commission (SEC), according to officials.
E-trading Drives Institutional Adoption of Options
NEW YORK-Although retail clients have previously dominated U.S. equity options trading, institutional firms are beginning to take over the customer segment and will represent 57 percent of the client base by the end of 2009, according to a recent report…
Sungard Readies MicroHedge Release
NEW YORK- Traders of equities, index and futures options will have a more granular view of their trading risk as SunGard introduces intra-day decay tracking in the latest update of its options trading and risk management platform MicroHedge, according to…
CA Cheuvreux Prepares Internal Cross
NEW YORK-Clients of CA Cheuvreux will have another potential liquidity pool to tap as the agency brokerage arm of Crédit Agricole is in the process of rolling out its new internal crossing network, dubbed Blink, DWT has learned.
Instinet Takes CBX to Hong Kong
HONG KONG-Electronic agency broker Instinet is set to expand its CBX off-exchange liquidity pool for institutional investors to Hong Kong at the end of the month, officials tell DWT .
NYSE Euronext Sets Spring Launch
PARIS-Exchange operator and technology provider NYSE Euronext is set to launch a new market model for warrants and certificates, dubbed Spring, on Jan. 19, 2009, say officials.
UniCredit Taps Caplin, Reuters for e-FX
MILAN-As a cornerstone of its multi-asset e-commerce initiative, European bank UniCredit's market and investment banking (MIB) division has selected Caplin Trader from Caplin Systems and the Reuters Electronic Trading-Automated Dealing (RET-AD) platform…
Credit Suisse Expands FX Algos to Asia
Hong Kong-Following the launch of algorithmic trading in foreign exchange (FX) in North America and Europe earlier this year, Credit Suisse's Advanced Execution Services (AES) has recently expanded the capability to Asia, according to bank officials.
ICE Heats Up Options
Even as the financial crisis unfolds on Wall Street, customers are demanding innovation and functionality from over-the-counter (OTC) markets. DWT reporter Oksana Poltavets sits down with Edwin Marcial, CTO of the IntercontinentalExchange (ICE), to…
CQG Adopts Progress Apama for Advanced Ex
BEDFORD, MASS - Denver - headquartered futures charting and trading software provider CQG has announced today, Nov. 10, that it plans to deliver advanced execution capabilities on its platform using Progress Apama's complex event processing (CEP)…
First Coverage Aggregates Myriad Media Sources
TORONTO-To help traders deal with the proliferation of information from various sources, trade idea distribution platform provider First Coverage has announced the latest version of its offering that aims to aggregate information from different media…
Cognotec Releases RealStream Upgrade
DUBLIN-Improvements in research, analysis and client onboarding are a few of the new features that officials from Web-based institutional foreign exchange (FX) trading software provider Cognotec have upgraded with the launch today, Nov. 3, of version 3.0…
Industry Ponders New Face of Regulation
NEW YORK-As a result of the turmoil on Wall Street, a substantial change in the U.S. financial industry regulatory environment is bound to take place, say observers.
Futures Exchanges Vie for OTC Market
CHICAGO & ATLANTA-The current economic turmoil is forcing some U.S. derivatives exchanges to diversify their products and operations to meet the new customer demands and earnings challenges.
HSBC Aims to Achieve Global Platform ROI
LONDON-In 2009, HSBC expects to reach a "harmonization" phase in terms of return on investment (ROI) from a multi-year investment in a standard global IT platform, according to bank officials.