Sell-Side Technology/News
Singapore Moves to Shorten Settlement Cycle
The Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) has jointly announced that the South-East Asian nation's securities market will move to T+2 settlement, in line with other global reforms.
FXCM Integrates Seer Trading Solution for Algorithmic Testing
US-based foreign exchange (FX) broker Forex Capital Markets (FXCM), has integrated Seer Trading’s technology with its offering, giving clients the ability to test and develop algorithmic trading strategies.
Isda Launches SwapsInfo
The International Swaps and Derivatives Association (Isda) has announced the launch of SwapsInfo, a public-facing website designed to provide information on trade data for available markets.
China's ICBC Taps Helix For Repo, MBS Processing
Industrial and Commercial Bank of China (ICBC), the world's largest by total assets and market capitalization, will implement HelixRepo for its fixed income financing business and HelixMBS to automate allocation of mortgage-backed securities (MBS) pools…
Quadriserv Expands Cinnober Relationship with Equity Repo
The new initiative will be added to Quadriserv's existing AQS securities lending platform.
Morgan Stanley Appoints New Head of Electronic Trading for FX
Morgan Stanley has announced the appointment of Shamyl Malik as its head of electronic trading for foreign exchange (FX) in London.
First Derivatives Opens Singapore Presence
Software vendor and consultant First Derivatives has opened an office in Singapore, with the aim of consolidating its Asia-based activities.
Markit Adds Emir Reporting to Global Trade Reporting Tool
London-based Markit has announced that MarkitSERV will now be able to report over-the-counter (OTC) derivatives trades in rates, credit and equities for customers in accordance with European Market Infrastructure Regulation (Emir) requirements.
Reval Poll Indicates Half of Respondents Not Ready for EMIR Compliance
According to a recent poll conducted by Reval, a New-York based provider of treasury and risk management technology, 65 percent of firms are not ready to fall in line with the February 12 EMIR compliance deadline.
Gaia Adds Numerix Analytics for EMIR Requirements
Paris-based Gaia Transparence, an open source software provider, has embedded analytics from Numerix, a provider of analytics for derivatives valuations, within its Position Builder solution for collateral management, margin requirements and credit value…
Fundtech Appoints McGaffey as Head of Sales for the Americas
Jersey City-based Fundtech, a provider of transaction banking technology and services, has hired Kyle McGaffey as sales manager for the Americas.
JPX Seeks Bids for Derivatives Trading System
The Japan Exchange Group (JPX), the merged entity incorporating the Tokyo Stock Exchange (TSE) and the Osaka Securities Exchange (OSX), has announced that it will accept bids from vendors for a new derivatives trading system.
Bats Completes Merger with Direct Edge
Bats Global Markets has announced the completion of its merger transaction with fellow US exchange group Direct Edge.
Thomson Reuters Adds Twitter Sentiment Analysis Tool to Eikon
Thomson Reuters has added a news sentiment data tool to its flagship desktop platform Thomson Reuters Eikon, including sentiment analysis of Twitter feeds.
Icap Aims for London-based SEF
Interdealer broker Icap has filed an application to run a swap execution facility (SEF) based in London, but overseen by the US Commodity Futures Trading Commission (CFTC).
Calypso Unveils DTCC Interface to Support EMIR Reporting
San Francisco-based Calypso Technology has released an interface to the Depository Trust and Clearing Corp’s (DTCCs) Global Trade Repository (GTR) service, a repository holding global OTC derivatives transaction data, to assist firms with their European…
Bats, Direct Edge Receive SEC Merger Approval
Bats Global Markets and Direct Edge have announced that the US Securities and Exchange Commission (SEC) has given the green light for their planned merger.
Traiana Partners Confisio for Cypriot Emir Reporting
Traiana has announced a strategic alliance with Confisio Managed Services, which will see the two firms launch a service for Cyprus-based clients who are required to report transactions due to incoming European Market Infrastructure Regulation (Emir)…
TradeGuard is Nasdaq's New Risk Management Product
Nasdaq OMX has expanded and rebranded its risk management solution, FTEN, now known as TradeGuard.
CFTC Certifies MAT Submissions from Tradeweb, trueEx
The US Commodity Futures Trading Commission (CFTC) has announced that made available to trade (MAT) submissions from both trueEx and Tradeweb have been certified, meaning those instruments must be traded on swap execution facilities (SEFs) from February.
SEC Chair White Emphasizes Technology Agenda for 2014
Mary Jo-White, the chair of the US Securities and Exchange Commission (SEC), has expanded on the new technical capabilities of the regulator, in her first speech of the year.
TeraExchange Connects to Traiana's CreditLink
With the move, the cross-asset swap execution facility (SEF) covering rates, credit, and foreign exchange contracts will now provide clients two different choices for pre-trade credit check.
Nasdaq Opens Bangalore Tech Unit
Nasdaq OMX has announced the opening of a new office in Bangalore, India, dedicated to technology development.
BBVA Adds Neoris, AuthenWare for Employee Identification
Banco Bilbao Vizcaya Argentaria (BBVA) has enlisted the services of consultancy Neoris and biometrics firm AuthenWare, to develop a system of cyberbiometrics for employee identification purposes.