Sell-Side Technology/News
Horizon's Trading Platform Upgrade Introduces Three Major Changes
Integration, scalability and hedging customization are key features of the new version.
London Stock Exchange’s CurveGlobal Launch Delayed Until Q3
Interest rate derivatives exchange was due to launch in Q2 this year, delayed to improve customer readiness.
IHS, Markit to Merge, Combining Analytics, Data Providers
The vendors will leverage each others' content sets and analytics to create new products, which will be delivered via a new cloud platform.
Trading Technologies to Add Options Trading, Build Out Charting Capabilities
TT will add support for options trading in the next six to eight weeks.
Blockchain Vendor Elliptic Raises $5 Million Series A
Santander InnoVentures among new investors.
Broadridge Invests, Partners with LiquidX
Broadridge will provide access to LiquidX for almost 2,000 firms.
SEC Continue to Delay Ruling on IEX Approval, Reports Say
The SEC will use a "proceeding of disapproval" to get around IEX not agreeing to another delay, according to The Wall Street Journal.
Markit Launches Tax Utility
Deutsche Bank, HSBC and Morgan Stanley partner with vendor on new tool.
CME Group Implements truePTS Processing Efficiencies Into Trade Repositories
Deal will lead to savings in infrastructure and compliance costs.
CME Group Sells Aurora, Ill., Datacenter to CyrusOne
Exchange will continue to offer co-location services through data center.
“Merger of Equals” Agreed by London Stock Exchange, Deutsche Börse
Creation of exchange powerhouse agreed, deal expected to be completed by end of year or early 2017.
Markit Launches Trade Affirmation Service for FX
Broker Affirmation service for foreign exchange trades aims to reduce complexity, cost and risk.
Icap Completes Blockchain Proof of Technology
Firm's PTRI division partners with blockchain fintech vendor Axoni.
Broadridge, Technancial Partner for Post-Trade Offering in Futures, Options
Alliance aimed at improving operational efficiencies in the futures and options space.
ITG Names Shpetner Global Chief Compliance Officer
New CCO comes from RBC.
S3 Unveils Execution Quality Service for Fixed Income
The Austin, Texas-based company already offers best ex factors for equities and options.
Kinetix's Rules Engine Obtains Legal Approval
Rules engine will continue to evolve as regulations change.
ChartIQ Nabs $4 Million in Series A with Illuminate Financial
Latest investment will be spent on expanding sales, marketing and engineering teams and opening a new office in London.
G.H. Financials Partners with Object Trading for Access to ASX 24
Move allows G.H. Financials to continue to grow as non-bank FCMs.
Virtus Partners Implements Misys FusionBanking Loan IQ
Implementation allows Virtus to offer third-party agency administration services.
JonesTrading Moves into Pan-Asian Trading
Equity block trading and execution firm expanding operations due to market demand.
Tom Glocer Joins Algomi's Team as Strategic Advisor
Additionally, Howard Edelstein has been appointed to Algomi's board.
MarketAxess to Expand into Muni Bond Market
Over 6,000 users log in to MarketAxess' electronic platform daily.
Deutsche Börse to Sell International Securities Exchange to Nasdaq for $1.1 Billion
German exchange group divests ISE US exchanges as part of ongoing plan to merge with London Stock Exchange.