Sell-Side Technology/News
Nasdaq OMX Partners With Corvil to Enhance RiskWrapper on TradeGuard
The Nasdaq OMX Group has announced a partnership between its Global Access Services business and data analytics vendor, Corvil, to enhance RiskWrapper, the risk measurement solution built into TradeGuard’s platform.
RavenPack Targets Market Surveillance with News Analytics Service Update
Spanish news sentiment analysis provider RavenPack has launched a new version of its real-time news analysis service, dubbed RavenPack News Analytics (RPNA) 4.0, which provides a 70 percent increase in coverage of market-moving events compared to…
Horizon Launches New Version of Trading Platform
Horizon Software, the algorithmic trading technology provider, has launched a new version of its electronic trading platform, Horizon v2.1, which includes a set of compliance tools to help users with market-making obligations globally.
EEX Goes With TT's Trading Platform
The European Energy Exchange (EEX) has decided to implement Trading Technologies' SaaS-based trading platform.
ITG to Launch Bond-Trading Dark Pool
Agency broker and technology provider ITG has announced that it will launch a fixed-income version of its POSIT alternative trading system (ATS), or dark pool, focusing on US corporate bonds.
Algomi Chief Takes Non-Exec Position at Baymarkets
Stuart Taylor will become a non-executive director of derivatives, fixed income and commodities software vendor Baymarkets AB, the firm has announced.
Doctoroff Stepping Aside as Bloomberg Rejoins
Michael Bloomberg will resume the post of CEO at the eponymous company he founded in 1981, having finished his term as mayor of New York City.
smartTrade Adds New OMS Functionality
smartTrade Technologies has added new functionality to its Order Management System (OMS) to support both e-orders and manual trading books and optimize clients' trading flow across multiple desks on a global scale.
CME Clearing Europe Selects BNY Mellon as CSD
CME Clearing Europe has become a client of the central securities depository (CSD) operated by BNY Mellon, the bank has announced.
SunGard Wins Big in Singapore
SunGard has announced a raft of contract wins in Singapore for its managed services offering.
Saxo Appoints Ex-FOA CEO
Saxo Capital Markets UK has announced that Anthony Belchambers, former CEO of the Futures and Options Associations (FOA) will join the firm as a non-executive director.
Deutsche Bank Appoints Massion as Japan GTB Chief
Deutsche Bank has appointed Peter Massion as its head of global transaction banking (GTB) and head of trade finance and cash management corporates (CMC) in Japan.
Barclays Plans Texas Tech Center
Barclays will open a technology campus located in McKinney, Texas, and aims to move in by fall 2014, the town's development body has announced.
KRX Adds Real-Time Price Banding
The Korea Exchange (KRX) has announced new safety measures for its derivatives market, introducing real-time price banding to prevent mass fluctuations.
FCA Fines Deutsche Bank for Extensive Reporting Errors
The UK Financial Conduct Authority (FCA) has levied a fine of £4.7 million (approximately $7.8 million) on Deutsche Bank for submitting nearly 30 million incorrect trading reports over a number of years.
Dalglish to Head SmartStream’s Transformation Services
SmartStream Technologies has announced the appointment of Tom Dalglish as a senior vice president and global head of transformation services.
FBI Investigating Cyber Attacks on US Banks
The US Federal Bureau of Investigation is working with the Secret Service, in order to investigate recent cyber attacks on American banks.
Israeli Bourse Mulls Trading Week Change
The Tel Aviv Stock Exchange (TASE) is considering a change in its trading week that will see it line up with standard practice at other exchanges.
BondHawk Launches Fixed-Income Platform
BondHawk Systems has announced the release of its BondHawk Trader platform, focusing on fixed-income trading on both the buy and sell sides.
Bursa Malaysia Debuts Asean Post-Trade Services
Bursa Malaysia has introduced Asean Post-Trade Services to facilitate the clearing and settlement of outbound trades executed on the Asean Trading Link.
ICBC Taps IBM's Active-Active for DR
Industrial and Commercial Bank of China (ICBC) will employ IBM's mainframe computing solution Active-Active to provide "near-continuous" availability and disaster recovery (DR) in an effort to enhance its business continuity processes.
Former CFTC Commissioner Chilton to Advise HFT Lobbying Firm
Bart Chilton, one of the commission's most vocal opponents of high-frequency trading (HFT) during his time with the regulator, will now serve as an advisor to Modern Markets Initiative (MMI), a group which advocates on behalf of and is backed by a…
Haifa Mulls Second Israeli Bourse
Israel's third-largest city is planning to open a second stock exchange in the nation, placing it in direct competition with Tel Aviv, media reports claim.
Eris Exchange Taps Perseus, Preps for Greater Prop Trading Demand
The Chicago-based specialist swap futures venue has partnered with Perseus Telecom, providing market participants with low-latency network connectivity capable of handling higher trading speeds.