Sell-Side Technology/News
Redi Expands Data Center, Adds Staff in Hong Kong Office
Michael Rude, Redi's chief revenue officer, talks about the decision to add more support to the region.
Daiwa Securities Becomes Newest CLS Settlement Member
Japanese firm joins 65 other financial firms on CLS's settlement and risk mitigation system.
Tullett Prebon, GMEX to Develop Hybrid Voice-Electronic FX Options Trading Platform
Interdealer broker and exchange operator partner to build dedicated FX Options platform utilizing electronic and voice technology.
ITG Develops Brazil, Mexico Close Algorithms
New algos aimed at end-of-session liquidity.
Tullett Prebon, Tradition Among First on GreenKey's Design Partner Program
The program also features seven tier-1 banks and several global exchanges.
Finra Fines Deutsche Bank Securities $12.5 Million for Significant Supervisory Failures Around Research, Trading-Related Information
German bank subsidiary repeatedly ignored red flags and internal warnings from firm's compliance department around its supervision of internal communication.
TriOptima, CME Completes First Mexican Peso Compression
Compression cycle eliminated 12.5 trillion Mexican pesos in outstanding notional.
Aequitas NEO Implements OneTickCloud
OneMarketData says demand for the product is increasing due to increased complexities in the market.
Cryptocurrencies Exchange Bitfinex Reports Hack, Over $60 Million in Bitcoin Reported Stolen
A Bitfinex spokesperson said 119,756 bitcoin were stolen in the hack that took place Tuesday.
Elliptic Adds LexisNexis Risk Solutions' Data to Bitcoin Transaction Monitoring, Compliance Products
LexisNexis Bridger Insight XG platform, including its WorldCompliance database, will be added to Elliptic's products.
NSE India Taps ITRS for Geneos for Early Warning Indicators
Implementation to streamline NSE's IT operations, provide alerts of failures or anomalies within its infrastructure.
BMO Latest KYC.com Addition
BMO's signing is expected to accelerate adoption of the service in Canada, a Markit director says.
Alain Miquelon Steps Down as CEO of Montreal Exchange, Group Head of Derivatives
Luc Fortin, managing director of derivatives trading, will serve as interim president and CEO of MX.
Calypso Technology Joins Wall Street Blockchain Alliance
Firm joins industry group focused on usage of distributed ledger in financial services.
DTCC Appoints Lisa Pollina to Board
Pollina most recently was vice chairman for RBC Capital Markets.
EBS BrokerTec Appoints Nicole Shumpert for New Direct Service
Shumpert joins from Tradeweb to head up new fixed-income liquidity disclosure service's expansion to US market.
Smart Contract Alliance Formed to Promote the Technology
Created by the Chamber of Digital Commerce, the alliance wants to answer policy questions, educate and create standards.
Trading Technologies Looks to Add Charting Capabilities in Q1 2017
Trading Technologies' Brian Mehta provides an update on the company's charting plans, as well as its options coverage and how the transition from X_Trader to the TT EMS is progressing.
KCG Boosts Execution, Algo Capabilities Via Neonet Acquisition
Acquisition of Swedish agency broker to expand KCG’s European footprint and execution services portfolio.
Northern Trust To Use GlobalCollateral's Margin Settlement Service
It joins State Street in a pilot program to help increase efficiency and transparency.
IP Trade Expands Presence in Europe, Partners with Eliofaber
Joachim Huber was also named country manager for Germany as part of the firm's increased focus in the region.
Harvest Exchange, NYSSA Partner to Distribute Content
Platform will give access to conference proceedings to invited guests and participants.
Icap Electronic Trading Chief to Step Down
EBS BrokerTec CEO Gil Mandelzis will leave the company as Icap continues with sale of voice brokerage business to Tullett Prebon.
New ITG App Forecasts Deviations in Volatile Market Conditions
The Smart Market Indicator Forecast app will generate intraday forecasts to help traders anticipate spreads and volatility.