Sell-Side Technology/News
African Stock Exchange to Implement Deutsche Börse Tech
Deutsche Börse has entered into an agreement with the African Stock Exchange (AFSX), whereby the Mauritius-based venue will use the German operator's Xetra technology and support.
ITG Releases Posit Marketplace 3.0 Dark Pool Algorithm
In an effort to effectively tap dark pool liquidity and leverage the tools dark venues provide, brokerage ITG announced the launch of the Posit Marketplace 3.0 algorithm.
Neonet Adds Aquis Access
Agency broker Neonet has joined Aquis Exchange, and will now offer clients access to the venue.
Xignite Partners with FactSet
Cloud-based financial market data provider Xignite announced a partnership with data provider FactSet.
CME Group Enacts Tech Jobs Cut
CME Group announced a company restructure that will cut five percent of its workforce, or about 150 jobs, the majority of which will come from the company's technology division.
EuroCCP Adds Traiana Platform to OTC Clearing Services
EuroCCP will now be able to match over-the-counter (OTC) transactions with Traiana’s Harmony platform.
Orc Launches Smart Order-Router for Multi-Venue Trading
Orc, a vendor in derivatives trading technology, has launched its routing engine, Orc Smart Order Router (SOR), to achieve best execution while reducing costs.
FX Lobby Group Opens US Branch
Foreign exchange (FX) trade body ACI ─ Financial Markets Association has announced its expansion to the US with the opening of a new branch, ACI America.
Dion Adds Tool to Nova for Stock Connect
Dion Global Solutions has announced the launch of a module that allows clients in Hong Kong to process cross-border trades more efficiently, in support of the Shanghai-Hong Kong Stock Connect programme.
No More Mr. ICE Guy, Indeed: Marcial Steps Down at ICE
According to his LinkedIn profile, Edwin Marcial, chief technology officer at the IntercontinentalExchange (ICE), is stepping down after 18 years with the company.
Nasdaq Promotes Four to Support Growth Across its Market Technology and Listings Units
Nasdaq has announced a series of appointments in order to maximize future growth potential across its Listing Services and Market Technology businesses.
Low-Latency Startup Metamako to Launch European Operations
Metamako, the Australian startup that provides ultra-low latency tools to exchanges and proprietary trading firms, has announced it will expand its services to Europe with the help of Kevin Covington, managing director and founder of Change Alley, a…
FICO Updates Analytic Model Management Tool
FICO has announced the release of Model Central 5.0, an updated version of its analytic-model management solution.
Bitcoin Exchange Netagio Launches API
UK Bitcoin exchange Netagio has announced the launch of its own application programming interface (API) to give its users faster electronic market connectivity and allow them to fully automate their trading strategy on the exchange.
Neonet Connects to Turquoise Block Discovery
Agency broker Neonet will provide access to Turquoise’s dark block trading service, Turquoise Block Discovery, from its go-live date on October 20.
ICE Completes SuperDerivatives Acquisition
The IntercontinentalExchange (ICE) Group has completed its acquisition of SuperDerivatives, in an all-cash deal worth $350 million.
Nice, Truphone Partner for Call Recording Solution
Tel Aviv-based Nice Systems and Truphone have announced a partnership to provide a solution that complies with mobile record-keeping regulations.
NYSE Regulation Taps Cinnober for Market Surveillance
NYSE Group has selected Cinnober for the development and implementation of its surveillance system.
Software AG Upgrades Apama Streaming Analytics
Software AG has announced a significant upgrade to its Apama Streaming Analytics platform, including new high-bandwidth channels, universal messaging integration and horizontal development compatibility with other Software products.
BGC Partners Taps Hirschhorn as CIO
Brokerage BGC Partners announced Eric Hirschhorn will take over as the firm's chief information officer immediately.
Jonathan Rose Joins Capco UK as Partner
Global technology consultancy Capco has appointed Jonathan Rose as a partner, joining the UK office.
Ovum Reports on Mobile Call Recording in Capital Markets
With regulations on both sides of the Atlantic requiring firms to record and archive mobile phone conversations of traders, companies have to decide how to remain compliant as regulators look to make the increase communications transparency in the market.
Poland Switches to T+2
The Central Securities Depository of Poland (KDPW) has shortened its settlement cycle to T+2, or two days after trade date, as of today.
SROs Submit Plan for Audit Trail, Initial Costs Estimates Average $53 Million
A group of self-regulatory organizations (SROs) selected by the Securities and Exchange Commission (SEC) submitted its plan to build, implement and maintain the Consolidated Audit Trail (CAT) that will track activity in every National Market System (NMS)…