Sell-Side Technology/News
First Derivatives’ Kx Goes Deep on Machine Learning
IDC estimates that the market for machine learning-related technology will increase from $12.5 billion in 2017 to more than $46 billion in 2020.
Argentinean Exchange BYMA Now Live on LSEG Technology’s Millennium Trading Platform
The Millennium Exchange platform replaces BYMA's internally-built legacy platform.
Algomi to Grow Offering After S&P Investment
This is the third partnership Algomi has formed over the last six months. It’s the second minority investment S&P has made this year.
R3, FCA Collaborate on Mortgage Transaction Reporting DLT Prototype
R3 has built a prototype application for regulatory reporting of mortgage transactions with the help of the FCA and two major banks.
To Help 'Phase 3' Firms Comply with Initial Margin Rules, AcadiaSoft Releases Open-Source Code
Next September, Phase 3 firms will be required to post initial margin for all non-cleared derivatives transactions.
Cambridge Blockchain Expands into Europe with Paris Venture
Blockchain startup creates Paris-based subsidiary to accelerate European development.
ICE Taps Williams and Bowler for Senior Roles
Williams will replace David Peniket who is retiring, and Bowler will succeed Finbarr Hutcheson, who takes over Paul Swann's previous role.
Nasdaq Boosts Surveillance with Machine Learning
Nordic markets build machine-learning algos into surveillance architecture to help prioritize workflows.
Gill Moves from London Stock Exchange's MillenniumIT to Torstone
Former LSEG tech exec joins London-based vendor as chief operating officer.
Nasdaq Files Complaint Against Miami Exchanges Over Trading Tech
Exchange operator accuses rival of infringing on patents in trading systems
Nasdaq Acquires Buy-Side Analytics Provider eVestment
The acquisition is part of a wider strategy by the exchange to offer more data products which may appeal to the buy side
T+2 Settlement Begins in US Markets
Trades executed on September 5 will now settle on September 7 under new rules.
Former NLX Chief Takes Interim CEO Job at UK Fintech Body
Charlotte Crosswell takes over the reins at Innovate Finance as Wintermeyer exits
Instinet and Sun Trading to Provide Off-Exchange Liquidity Ahead of SI Regime
Partnership with Sun Trading follows similar deal with Virtu Financial earlier this year for Nomura-owned agency broker
Liquidnet Hires European Tech Chief from Deutsche Bank
Deutsche Bank veteran takes over the newly created job at Liquidnet.
CloudMargin Launches Site to Navigate Uncleared Margin Rules
FlightPlan is a resource hub for companies to identify missing requirements to meet new margin rules.
NEX Launches Reporting Platform for Revised Emir Requirements
Nex Regulatory Reporting has introduced its new reporting solution, based on updated European derivatives rules
CME Withdraws European Clearinghouse Registration
CFTC vacates European clearinghouse registration at CME's request
NEX Optimisation Upgrades Harmony for Mifid II
Enhancements to Harmony will allow buy-side firms to coordinate with sell-side counterparties around reporting.
BNG Implements BearingPoint for Regulatory Tracking and Reporting
The Dutch sell-side institution looks to combine regulatory updates with trade and transaction reporting assistance.
US Senator Urges Greater Reg SCI Transparency from SEC
Ranking member of Senate subcommittee says regulator should update list of affected firms
Chi-X Australia Installs Jokovic as CEO
Exchange names Deutsche Bank veteran to lead role.
Neptune Adds Rabobank and TD Securities as Latest Dealers
Trading network adds banks to bring total dealer members to 24.
AcadiaSoft Launches Consulting Services for Initial Margin Rules
Vendor will provide a service that advises banks and buy-side firms seeking margin-model approval from the Fed ahead of 2018 deadline