Sell-Side Technology/News
Swift Acquires Sanctions Specialist Omnicision
Messaging provider Swift has announced its acquisition of UK-based Omnicision, further bolstering its recently formed compliance services division.
Thomson Reuters Changes FX Trading Rules
Thomson Reuters has announced it will tighten the rules around its Spot Matching platform, which is an anonymous electronic trade matching system, to try and discourage manipulations and market abuses in foreign exchange (FX).
GH Financials Takes Interxion's London Co-Lo
Futures commission merchant GH Financials will co-locate in datacenter provider Interxion's City of London Campus.
ALTX Partners Gmex for Ugandan Exchange Launch
ALT XChange (ALTX) has announced that it will proceed with plans to launch a securities and derivatives venue following approval from Ugandan authorities, partnering the Global Markets Exchange (Gmex) Group for technology and business consulting.
Nasdaq OMX Launches Global Market Services Business
The Nasdaq OMX Group has announced the formation of a new entity, Global Market Services, to combine its US and European transactions, clearing and settlement businesses.
Japan Exchange Group Integrates TSE's Derivatives Market Operations in Osaka
The Japan Exchange Group (JPX) has integrated the Tokyo Stock Exchange‘s derivatives market into the Osaka Exchange, and consolidated all trading operations onto the Nasdaq OMX derivatives trading system, J-Gate.
OTAS Hires Lieder as Head of US Sales
London-based analytics provider OTAS Technologies has hired Nick Lieder as head of its US sales, based in New York.
LME Launches Real-Time Test Trading Platform
The London Metal Exchange (LME) has announced the launch of a real-time simulated market environment, LMEstage, where clients can test their trading strategy live.
Susquehanna Signs Raptor for Fix Connectivity
Bala Cynwyd, PA-based Susquehanna Financial Group (SFG) has implemented Raptor Trading Systems' connectivity platform, in order to manage its Fix requirements.
Excelian Introduces Grid-as-a-Service Offering
Consultancy Excelian has announced that it is now offering grid computing on an as-a-service basis (GaaS), operated through Microsoft's Azure cloud platform.
Nasdaq OMX Clearing Receives First EMIR Authorization in Europe
The Stockholm-based clearinghouse, Nasdaq OMX Clearing, has received regulatory approval by the Swedish Financial Services Authority (SFSA) to operate as a central counterparty under the European Market Infrastructure Regulation (EMIR).
Thomson Reuters Unveils Managed KYC Service
Thomson Reuters has launched Accelus Org ID, a new platform to support financial institutions and their clients increase the efficiency and reduce the costs associated with complying with Know Your Customer (KYC) requirements.
Oslo Børs Upgrades GUI
Oslo Børs has upgraded Oslo Connect, their over-the-counter (OTC) derivatives multilateral trading facility (MTF), to the latest version of Edge, a trading and registration platform provided by Baymarkets, the Stockholm-based OTC market systems developer.
Bloomberg Formalizes Third-Party Partner Program Amid Growth
Data and technology provider Bloomberg has announced a formal structure around its partner program, operated by its Enterprise Solutions division, which allows third-party vendors to integrate Bloomberg data into their platforms and connect to…
Euronext to Implement UTP Solution in Four Mena Exchanges
Euronext, part of the Intercontinental Exchange Group, has signed agreements with four exchanges in the Middle East and North African (MENA) region for the implementation of its UTP-Hybrid solution.
Von Rahden to Head Up SmartStream's Frankfurt Operation
London-based SmartStream Technologies has appointed Marcus von Rahden to manage the increased demand in Germany for the vendor’s back-office processing solutions and data management services.
ICE Starts Clearing for Markit iTraxx Financials Index
The IntercontinentalExchange (ICE) Group has announced it has begun clearing for Markit iTraxx Senior Financials Credit Default Swap (CDS) index instruments.
New FX Liquidity Hub From Tullet Division
Foreign exchange (FX) agent and Tullet Prebon division Chapdelaine FX has deployed a liquidity hub, supported by UK-based First Derivatives’ Delta Flow technology.
Deutsche Börse Replaces Steinicke with Freis in Compliance Top Spot
James H Freis Jr will become the new chief compliance officer at Deutsche Börse, replacing Michael Steinicke in the role, effective from April 1, 2014.
Bloomberg Partners With FMDQ for Nigerian Bonds Platform
Bloomberg and venue operator FMDQ OTC have announced the launch of a platform and market surveillance system for the electronic trading of Nigerian government bonds.
Esma Examines HFT, CSDs in Risk Report
The European Securities and Markets Authority (Esma) has released its first report on trends, risks, and vulnerabilities for 2014, choosing to focus, in part, on the effects of high-frequency trading (HFT) and the potential systemic risks posed by…
Azul Takes Aim at Java Warm-Up Issues with ReadyNow!
Azul Systems has announced the inclusion of ReadyNow! in the latest iteration of Zing, its Java virtual machine (JVM), designed to mitigate time delays that occur when Java applications can't reach optimal efficiency during intense periods of market…
TMX to Open Singapore Office
Canadian exchange consortium TMX Group has announced plans to expand to the Asia-Pacific region by opening a new office in Singapore.
Azul Helps Cinnober Add Zing to its Java Solution
Stockholm-based trading system provider Cinnober will offer Zing, Azul's high performance runtime for Java, with its TradeExpress solutions.