Sell-Side Technology/News
Sell-Side Technology Awards 2016: Entries Close Friday February 19
Entries to this year's SST Awards are due to close at the end of business (EST) this coming Friday, February 19.
Westwood Taps Markit for EDM
Markit will manage Westwood's data needs.
Gilly Green Appointed to Knadel's Board
Green brings over 20 years wealth-management experience.
European Commission Confirms One Year MiFID II Delay
Delay of MiFID II entry to application confirmed for Jan. 3, 2018 due to “exceptional technical implementation challenges.”
Markit Buys JPMorgan Integration Software for Syndicated Loans
Technology expected to be deployed in second half of 2016.
European Central Bank Taps SIA-Colt for Target2-Securities Connection
ECB to utilize the SIA network infrastructure to connect to pan-European securities settlement platform.
Chicago Stock Exchange Bought by Investor Group Led by China's Casin Group
CSX handles about 0.5 percent of U.S. stock trading.
Citadel Securities Becomes NYSE's Largest DMM, Acquires KCG's Business
Move marks the second new firm to join the DMM space this year.
HSBC Plans to Freeze Salaries, Hiring in 2016
The London-based bank sent an email to employees Friday regarding the decision, according Reuters.
Barclays, Credit Suisse Acquiesce to SEC Dark Pool Settlements
Barclays and Credit Suisse agree to pay $70 million and $84.3 million, respectively, to settle cases of misrepresentation of dark pool operations.
Symbiont Picks Gemalto for Digital Security
Startup will use Gemalto's SafeNet hardware security modules (HSMs).
Tullett Prebon Reduction Rises to 7.5 Percent Despite Higher Revenues
Firm originally projected 5 percent cuts to front-office staff.
Horizon Software Appoints Thieullent as New CEO
Sylvain Thieullent steps up to take lead at Horizon, Jean-Marc Delfarguiel announced as company president.
Sell-Side Technology Awards 2016 Open for Entries
The Sell-Side Technology Awards 2016, WatersTechnology's fourth annual awards focusing on the third-party technology industry serving the sell side, are open for entries.
Singapore, Taiwan Exchange Agreement Signals Future Intent
TWSE subsidiary to join SGX as trading member, facilitating trading links between the bourses.
ParFX Expands Platform to Include Hungarian Forint
FX trading platform also adds six new currency pairings for European, American and Asian currencies.
Nasdaq's Smarts Platform To Power Nigerian Stock Exchange's Compliance Efforts
The Nigerian Stock Exchange services the largest economy in Africa.
GTS Acquires Barclays Designated Market Maker Trading Business at NYSE
GTS will close the deal in the Q2 for an undisclosed amount.
PRA’s Bailey Appointed as New FCA Chief Executive
Prudential Regulatory Authority’s Andrew Bailey steps up to take UK regulatory hot seat starting in July.
AxiomSL Launches Solution for Banking Counterparty Credit Risk Exposure
New solution for standardized approach for measuring counterparty credit risk exposures (SA-CCR) to ease pressure from Basel regulatory reforms.
Moelis Australia Securities Taps Analec’s Solutions for Brokerage Business
Solutions will provide increased efficiency in research generation and distribution process for Moelis Australia Securities.
DTCC Says Industry-Wide Collaboration Needed for Successful Implementation of Blockchain
Without standards across the industry, blockchain technology could become a group of siloed solutions,
CustomerMatrix Nabs $10.5 Million in Funding, HSBC Leads Charge
Cognitive computing firm has raised a total of $19.5 million in investments.
J.C. Flowers & Co. Buys Chi-X Australia, Chi-X Japan, Chi-Tech
Latest acquisition builds on portfolio of investments into Asia-Pacific region for J.C. Flowers & Co.