Sell-Side Technology/News
Saxo Bank Appoints Kyhl as COO
Søren Kyhl will start newly-created role on January 1 2016.
Eze Software Bolsters EMS
Eze has added new IOI capabilities, borrowing improvements, & improved support for ACT reporting of OTC trades.
ITG Replaces CEO Gasser with Lilien, Discusses SEC Settlement
Jarrett Lilien, a member of the ITG board, will serve as interim CEO.
BATS Files for Client Suspension Rules to Tackle Manipulative Market Behaviors
Expedited authority to cut manipulative behaviors “within weeks” awaiting SEC approval.
Cheevers and Company Implements SS&C's MarketTrader
Chicago brokerage selects cloud-based order management system.
Lou Maiuri Appointed Head of State Street Global Exchange
Former SVP Paul Fleming to take charge of head of securities finance group.
CreditSights Integrates BondScore, Ratings Models into Risk Products Platform
The combination of both models will allow users to access information on one website.
Johannesburg Exchange Taps MillenniumIT Technology for Derivatives, Fixed Income Markets
Deal will extend JSE's use of Millennium Advanced Platform, Millennium Exchange trading platform and Millennium Surveillance.
Fidessa Adds Order Performance Monitor to Equities Trading Platform
Real-time outlier monitoring tool launched to displace traditional transaction cost analysis systems.
Singapore’s MAS Appoints Former Citi Head To Lead New Fintech Group
Sopnendu Mohanty departs Citi to take up chief fintech officer role at Singapore regulator.
Finra Fines Goldman Sachs Ex & Clearing $1.8 Million
OATS reporting violations said to span more than eight years.
Deutsche Börse To Spend €725 Million on 360T FX Trading Platform Acquisition
Exchange operator enters into “definitive agreement” to acquire FX platform after seeing off interest from CME Group.
Nasdaq Energy Derivatives Trading Venue Goes Live
NFX to compete against ICE and CME in aggressive energy markets.
Plato Picks Turquoise for Platform Development Partnership
Not-for-profit trading platform has entered “exclusive discussions” with Turquoise on “commercial collaboration”.
Tradeweb Awarded Pair of ECB Mandates
Tradeweb captures two contracts to supply its electronic trading platform (ETP) to the European Central Bank (ECB).
DTCC Appoints Experian’s Scharf as Chief Security Officer
Current CISO Mark Clancy to resume CEO role at DTCC-FS-ISAC joint-venture, Soltra.
South Africa's A2X Licenses Aquis Exchange Software
Trading, clearing and surveillance systems included in deal.
OptionsCity Rolls Out New Cloud-based Futures, Options Trading Platform
The platform uses AWS for its cloud.
Fenergo Nabs $75 Million Investment from Insight Venture Partners
Vendor plans to use money to open new offices and increase R&D team.
Swift Institute Enters Blockchain Scrum with New Grants
Swift arm to grant up to EUR15,000 for new studies.
US Authorities Release Findings on October '14 Treasuries Crash
Advise greater data access, interagency coordination.
Misys Bolsters ‘InFusion Programme' with DEVnet Addition
DEVnet focuses on risk management & trading platforms.
Boat Expands Trade Reporting Offering with Russian Instruments
OTC post-trade reporting service expands to include Moscow Exchange listed stocks.
Crypto Facilities Adds Settling and Clearing Standards to Bitcoin Trading with Elliptic Partnership
The Bitcoin exchange will now have a settlement and clearing mechanism separate from the exchange.