Sell-Side Technology/News
OptionsCity Unveils Global Hosting Service
OptionsCity has launched OptionsCity Hosting, a global hosting solution for its flagship trading software.
Keler Taps SIX for Settlement and Custody Services
Swiss post-trade services provider SIX Securities Services has signed an agreement with Hungarian central securities depository (CSD) Keler to optimize Keler’s international settlement and custody capabilities.
LCH.Clearnet's CDSClear Now Handling Single-Name CDS
LCH.Clearnet has announced that its credit-default swap (CDS) clearing service, CDSClear, will now offer single-name CDS clearing.
WFE Creates Global Cybersecurity Committee
The World Federation of Exchanges (WFE) has announced the formation of a new committee tasked with developing best-practice guidelines for information security when it comes to market infrastructures.
Commerzbank Taps Regis-TR for Trade Reporting
Commerzbank, has selected European trade repository Regis-TR to ensure its trade reporting service is in line with the European Market Infrastructure Regulation (EMIR) obligation to report over-the-counter and listed derivative transactions.
SIA-Colt Wins Monte Titoli T2S Connection Mandate
The SIA-Colt partnership will connect Italian central securities depository (CSD) Monte Titoli to the Target2-Securities (T2S) platform for the first wave of migration, the firms have announced.
Daiwa Europe Transfers Repo Business to Torstone’s Inferno
Torstone Technology, a London-based provider of derivatives processing software, announced it has migrated Daiwa Capital Markets Europe’s clearance and settlement repo business onto its back-office processing platform, Inferno.
Calypso Extends Clearing Solution to Support SEF Connectivity
Software vendor Calypso Technology has announced it has extended its over-the-counter (OTC) clearing solution for end-users to support swap execution facility (SEF) connectivity.
ITG Introduces Algo Prism in Canada
Agency broker and technology provider ITG has introduced ITG Algorithms Prism to the Canadian market, providing traders with up-to-the-second visibility into the behavior of its algorithms.
IBM Takes ADTS Stake
IBM has taken a controlling stake in Associated Dexia Technology Services (ADTS), a company that provides IT services to firms that were formerly part of the Dexia group.
Waters USA 2013 Keynote: UBS CTO Voo on Data Sovereignty, Managing Cloud Perceptions
Correy Voo, UBS CTO for platform services and applied innovation, used his keynote to assess the cloud: its reality, its perception, and the reasons regulatory trends could temporarily hold its wider adoption back.
Nasdaq's Sears: FinQloud to Expand from Storage into Better Access
Nasdaq FinQloud's Julia Sears foreshadowed an expanded business model at Waters USA.
ADX Gets Ready for X-Stream
The Abu Dhabi Securities Exchange (ADX) has launched a series of tests ahead of its move to Nasdaq OMX's X-Stream trading platform.
Caplin Unveils Single-Dealer Platform For FX
Caplin Systems has launched a new single-dealer platform for foreign-exchange (FX) trading.
Société Générale Joins ParFX as Founder Bank
Société Générale has become the 12th founding bank of the foreign exchange (FX) trading platform ParFX, designed by broker Tradition in line with new ways of trading currencies.
EuroCCP, EMCF Complete Merger Transaction
Cash equities clearing houses EuroCCP and EMCF have completed the transaction to combine the two firms, following regulatory approvals, with the changes in name taking effect from early 2014.
Budapest Stock Exchange Migrates to Xetra
The Budapest Stock Exchange (BSX) has completed the migration of its trading system to Xetra, meaning that all four exchanges in the Central and Eastern Europe Stock Exchange Group (CEESEG) are now running Deutsche Börse's platform.
GMEX Technologies and CoDiese Release Trade Reporting Solution
GMEX Technologies, a subsidiary of London-based Global Markets Exchange Group (GMEX Group), has launched Global Reporting Company (GRC) in partnership with Paris-based regulatory advisory firm CoDiese.
Jefferies Selects Bloomberg Vault for Information Management
Investment bank Jefferies has selected Bloomberg Vault to handle its enterprise information management requirements, ahead of incoming regulatory obligations regarding record keeping and data retrieval.
BNY's AccessEdge Collateral Portal Connects to Bloomberg
BNY Mellon has added a link with Bloomberg to its AccessEdge collateral management portal, allowing collateral receivers and providers to instruct collateral trades from the Bloomberg Professional service.
Backed by Calypso, OTC Clearing Hong Kong Completes First RMB Swap
The non-deliverable forward renminbi seven-day repo swap was executed last week using the financial technology provider's central counterparty (CCP) over-the-counter (OTC) clearing solution and collateral management module.
Asian Broker CLSA Uses Ullink for Risk
CLSA has selected Ullink’s pre-trade risk management system for its pan-Asian trading activity.
Euroclear Confirms UK T+2 Settlement from Next Year
Euroclear UK and Ireland has said it is coordinating with a number of UK venues to ensure that shortened local settlement cycles will be in effect from 2014, in line with regulatory mandates.
ICE, DTCC Announce Closure of NYPC
The IntercontinentalExchange (ICE) and the Depository Trust and Clearing Corporation (DTCC) have announced that New York Portfolio Clearing (NYPC) will be wound down, with interest-rate futures listed on NYSE Liffe US moving to ICE Clear Europe.