Sell-Side Technology/News
EuroCCP to Clear LSE Trades
European central counterparty (CCP) EuroCCP will clear trades executed on the London Stock Exchange (LSE) once regulatory approval is received.
CMB International Chooses Serisys for Post-Trade
Hong Kong investment company CMB International has selected the post-trade processing platform from Serisys Solutions, Adypt, for its capital markets businesses. CMBI will begin its roll out of Adypt in the portfolio management area.
Swift Adds Two to Compliance Services Arm
SWIFT has appointed Christopher Johnson and Fedra Ware as Practice Leads, Compliance Services, in the Americas.
Swift CIO Set to Retire
Mike Fish, CIO at industry messaging provider Swift, will retire after eight years in the role.
London Stock Exchange Signs Partnership with Casablanca Bourse
The London Stock Exchange Group (LSE) has signed a partnership agreement with the Casablanca Stock Exchange.
Tabb Appoints Perrotta as Head of Fixed-Income Research
New York-based research and consultancy firm Tabb Group has appointed industry veteran Anthony Perrotta as its new head of fixed-income research. Perrotta will report to Larry Tabb, the firm’s founder and CEO.
BNP Paribas Survey: Strategic Outsourcing the New Norm
As banks and brokers are more and more willing to outsource their middle and back-office functionality to focus on core activities, a recent survey by YouGov and sponsored by BNP Paribas Securities Services has found that one in five respondents are…
OneChicago Introduces Weekly Futures
The equity finance exchange today announced it will offer a new suite of products called OCX.Weekly beginning on Friday, June 20. The exchange will continue to list weekly futures each subsequent Friday.
IEX Hires Ramsay for Regulatory Role
Venue operator IEX has announced that John Ramsay will take on the post of chief market policy and regulatory officer at the firm.
BNP Paribas Co-COO to Retire
BNP Paribas has announced today that one of its top executives, co-COO Georges Chodron de Courcel, will officially stand down from the role at the end of June, and retire on September 30th.
LCH.Clearnet Limited Receives EMIR Approval
LCH.Clearnet Limited, the UK-based central counterparty (CCP) operated by the LCH.Clearnet Group, has received regulatory approval from the Bank of England to operate as a central counterparty under the European Market Infrastructure Regulation (EMIR).
Broadridge Extends Multi-Asset Processing Support
Lake Success, NY-based Broadridge Financial Solutions has extended is multi-asset post-trade processing support by broadening its exchange-traded derivatives processing platform.
Asia Pacific Stock Exchange to Employ Nasdaq Technology
Nasdaq OMX will deliver its trading technology, X-stream, as well as Genium FIX, to Asia Pacific Stock Exchange to power its APeX trading platform, which is expected to go live in late 2014.
Rapid Addition Partners with DET Technologies
As part of a partnership between London-based technology provider Rapid Addition and Prague-based trading platform support specialists DET Technologies, Rapid Addition’s RA-Cheetah FIX engine will support DET Technologies’ flagship DET Hub.
REDI Buys, Integrates BAML's InstaQuote EMS
Execution management system (EMS) provider REDI Global Technologies has completed its year-long acquisition of BofA Merill Lynch's multi-asset InstaQuote platform, clients, and personnel.
Moscow Exchange Uses Fincad F3 for Trading and Clearing
The Moscow Exchange (MOEX) has chosen Vancouver-based Fincad’s F3 Platform to support its over-the-counter (OTC) derivatives trading and clearing services.
SunGard Adds Cross-Asset Risk and Margin Solution to Front Arena
SunGard has added a cross-asset risk and margin solution to its Front Arena flagship product, to provide brokers and futures commission merchants (FCMs) with a real-time way of measuring risk, exposure and margin requirements across entire portfolios.
Aequitas Exchange to Host at Q9 Datacenters
Aequitas Innovations has selected Toronto-based Q9 Networks to host production, test and disaster recovery infrastructure for its Neo Exchange, which is expected to become operational in the Canadian market in early 2015.
Liquidnet Settles SEC Case for Improper Use of Customer Data
Dark pool operator Liquidnet on Friday agreed to pay a $2 million fine to settle a US Securities and Exchange Commission (SEC) charge that the New York-based brokerage improperly used subscribers' confidential trading information in marketing its…
Collateral Crunch Unlikely, Survey Finds
An impending shortage in the availability of collateral-eligible assets, known as the collateral crunch, has been predicted for years ahead of stringent new rules from regulators. A recent global survey from Sapient Global Markets, however, has suggested…
Quantopian Broadens Access, Adds IEX
Online trading platform Quantopian has announced that it will open up to all investors for its pubic beta, and not just the investment banks and hedge funds that were given access during its pilot period.
Tradeweb Launches Electronic Trading for Active US Treasury Bonds
A new order book on the venue's Dealerweb platform will support most liquid, on-the-run bonds, to be traded by major dealers and electronic market makers.
Six Eyes Swiss Trade Repository
Six has announced its intention to establish a trade repository for derivative transactions, in association with a number of investment bank customers.
Euronext UK Markets Gains RIE Status
The London-based venue in the Euronext group, Euronext UK Markets, has been granted Recognized Investment Exchange (RIE) status by the UK Financial Conduct Authority (FCA), ahead of the group being spun out by parent company IntercontinentalExchange (ICE…