Sell-Side Technology/News
Deutsche Börse Continues Asia Push With CLTX Grab
Deutsche Börse’s Leipzeg-based subsidiary, The European Energy Exchange (EEX), has taken on a majority 52 percent share in ClearTrade Exchange (CLTX), a futures exchange based in Singapore. The move completes a deal that was agreed to in Q4 of 2013.
Deutsche Börse Buys Impendium Systems for Compliance Offering
Deutsche Börse Market Data + Services has acquired Impendium Systems, a London-based firm that deploys cloud-based compliance software solutions. The deal was completed on Jan. 10 for a price "in the single digit million euro range," according to the…
Launching the Sell-Side Technology Awards 2014
Following the success of last year’s inaugural Sell-Side Technology Awards, Waters is happy to announce that the 2014 program will take place on April 15 in New York City.
Waves of Senior Appointments at Euronext
Euronext NV, now part of the IntercontinentalExchange Group (ICE), has restructured its senior management team to reinforce its leadership in the region as the company is preparing to go public in the coming months.
Russian, Armenian CSDs to Cooperate on Cross-Border Settlement
The National Settlement Depository (NSD) in Russia and the Central Depository of Armenia (CDA), the central securities depositories (CSDs) of their respective nations, have signed a memorandum of cooperation related to cross-border settlement.
S&P Capital IQ Extends Trading and Data Services Through Hong Kong Exchange
S&P Capital IQ Real-Time Solutions has reinforced its Asia offering by extending its QuantFEED and QuantLINK solutions through Hong Kong Exchanges and Clearing’s (HKEx) Orion program. The new service provides participants with faster access to both…
ABN Amro Clearing Joins EurexOTC Clear
EurexOTC Clear, the central counterparty (CCP) operated by Deutsche Börse, has signed ABN Amro Clearing as a clearing member for interest-rate swaps (IRS).
Aizawa Securities Selects Fidessa for Proprietary Trading
Japanese broker Aizawa Securities has selected Fidessa for its proprietary and wholesale agency trading businesses.
JPMorgan Takes Chi-X Stake
JPMorgan has joined the ownership consortium of Chi-X Global Holdings by acquiring a stake in the firm, the alternative trading venue operator has announced.
Virtusa Takes Over TradeTech Consulting Business
Global IT services provider Virtusa Corp. has acquired all outstanding shares of Swedish IT consulting and services provider TradeTech Consulting and its subsidiaries.
Swift Creates KYC Utility amid Compliance Push
Messaging provider Swift has announced the launch of a know-your-customer (KYC) registry, as it pushes further into the compliance space with the creation of a dedicated unit.
LME Names Sloan and Lester as COO and CFO
Continuing its leadership revamp under new ownership, London Metal Exchange (LME) has announced it has appointed two senior executives, Stuart Sloan and Catherine Lester to become chief operating officer (COO) and chief financial officer (CFO),…
Finra Identifies HFT, Algo Integrity as Regulatory Priorities
The Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization charged with overseeing US brokers and exchanges, has released a letter outlining its list of regulatory priorities for 2014, among them high-frequency trading …
Eurex Takes Small Taifex Stake
Derivatives bourse Eurex has announced that it has taken a five-percent stake in the Taiwan Futures Exchange (Taifex).
Finra Eyes New Surveillance System
The US Financial Industry Regulatory Authority (Finra), a self-funded regulatory organization tasked with overseeing American brokers, is soliciting comment over a proposal for new method of collecting data on investment sales activities.
Borsa Istanbul Signs Landmark Deal with Nasdaq OMX
Borsa Istanbul, the Turkish stock exchange, has signed an agreement with Nasdaq OMX to strengthen its position as financial hub in the Eurasia region.
Markit Connects to HKMA Trade Repository
MarkitSERV has connected to the Hong Kong Monetary Authority's (HKMA) trade repository, the data provider has announced.
Esma Updates Derivatives Reporting Guidance
The European Securities and Markets Authority (Esma) has clarified its position on the reporting of derivatives, updating an online Q&A with the scope of requirements, as well as the counterparties that it expects to report transactions.
Citicom Partners Tango for Call Recording
Citicom Solutions has announced a partnership with Tango Networks, where the latter will provide a network-based voice recording facility for Citicom Assure.
TT Goes Live on NLX and Nasdaq OMX Nordic
Trading Technologies (TT) ends the year with another link to exchange gateways, as it announces connections to two Nasdaq derivatives hubs: London-based NLX, and Nasdaq OMX Nordic.
CSD Regulation Gains Provisional Trilogue Agreement
The long-mooted EU regulation governing the operation of central securities depositories (CSDs), known in industry shorthand as CSD Reg, gained provisional agreement in trilogue yesterday.
BayernLB Joins Eurex OTC Clear
Bayerische Landesbank (BayernLB), one of Germany's largest regional banks, has joined the EurexOTC Clear service as a clearing member for interest-rate swaps.
Bitcoin Tanks as RMB Spigot Dries Up
BTC China, the country's largest exchange for the virtual currency, was forced to stop trading after a recent dictate handed down from the Chinese central bank and other regulators banned local financial institutions from dealing in it.
Eris Exchange Connects to RTS
Realtime Systems Group (RTS), an algorithmic trading solutions provider, says it clients will now have direct connectivity to Eris's SwapBook platform.