Sell-Side Technology/News
Deutsche Börse Names Information Mosaic's Keller CIO
German exchange group Deutsche Börse has appointed René Keller group chief information officer for the exchange's IT and Market Data and Services division, and group-wide head of applications and infrastructure, effective Feb. 1, 2014.
Sunstate Bank Taps SS&C for Fixed Income Trading
Sunstate Bank, which is headquartered in Miami and has $164 million of total assets, is extending its partnership with SS&C Technologies to support fixed income trading.
Chinese Exchange to Cooperate with Nasdaq
Shanghai-based China Financial Futures Exchange (Cffex) and the Nasdaq OMX Group have signed a memorandum of understanding (MOU) at the World Federation of Exchanges’ annual meeting to strengthen cooperation and promote mutual development.
BT Hires MarketPrizm CEO
Tanuja Randery, CEO at MarketPrizm, has left the Colt subsidiary to take up the post of president, strategy and marketing, at BT Global Services.
Options, Redline Expand Partnership
Cloud provider Options has expanded its partnership with market data provider Redline Trading Solutions to offer a fully managed ticker plant for options and equities trading.
SocGen Transfers Securities Operations to Accenture Post-Trade Processing Platform
Accenture has announced that Société Générale Corporate and Investment Banking (SG CIB) has begun the transfer of its securities processing back-office operations to the Accenture Post-Trade Processing system, a service launched by Accenture and…
Oslo Børs Readies T+2 for 2014
Oslo Børs VPS has announced that it will move settlement to a T+2 basis, or two days after trade, in line with regulation and investor requests, effective from October 6, 2014.
Brazil's CGD Securities Taps Valdi for Market Access
CGD Securities, a Brazilian division of Portugese bank Caixa Geral de Depósitos, has selected SunGard’s hosted Valdi solution for access to the BM&FBovespa financial markets.
Laurent Paulhac to Head Icap's SEF
Icap has named Laurent Paulhac as the chief executive officer of its recently approved swap execution facility (SEF).
Cooperative Bank of Kenya Finishes Misys BankFusion Implementation
The country's third largest bank says the new platform will help with its expansion in South Sudan, future planned forays into Rwanada and Uganda, and its growing Kingdom brokerage arm by which clients can access Nairobi's stock exchange.
Deutsche Börse Acquires GMEX Group Stake
Deutsche Börse has acquired a minority stake in Global Markets Exchange (GMEX) Group International, both parties announced today.
Thomson Reuters Launches FX Post-Trade System in Vietnam
Thomson Reuters and the State Bank of Vietnam have launched a real-time trade monitoring and post-trade system to enhance transparency and automation in the foreign-exchange (FX) market across the country.
BCS Taps Arqa Technologies for Back-Office Software
BCS Prime Brokerage has implemented backQORT, automated back-office software from Arqa Technologies.
Goldman Adds Ian Smith to Head GSET in APAC
Goldman Sachs has hired Ian Smith as head of GS Electronic Trading (GEST) for the Asia-Pacific (APAC) region.
Deutsche Bank Launches US Equity Options Platform
Part of the bank's Autobahn electronic trading business, the offering will provide access to CBOE, International Securities Exchange, NYSE's Arca and Amex venues, Boston Options Exchange, and BATS Options.
OptionsCity Launches Freeway Analytics Trading-Simulation Platform
Electronic options trading technology vendor OptionsCity Software has launched Freeway Analytics, a visualization engine and an exchange simulator based on sub-millisecond futures market data.
Nice Actimize Launches Benchmark Monitoring Product
Nice Actimize has announced the debut of its Actimize Benchmark Monitoring Solution, designed to aid in the surveillance and monitoring of processes related to rate submissions such as the London Interbank Offered Rate (Libor).
UK Competition Body Clears EuroCCP, EMCF Merger
The UK Office of Fair Trading (OFT) has given a green light to the proposed merger between EuroCCP and EMCF, allowing the two firms to proceed to the next stage in their combination.
China Securities Deploys Fidessa Asian Trading Platform
Investment bank China Securities (International) has selected Fidessa’s Asian trading platform to operate on its first subsidiary outside mainland China.
First Metro Securities Connects to SunGard Global Network
First Metro Securities Brokerage, part of the Metrobank Group, has connected to the SunGard Global Network (SGN), linking to more than 2,500 buy-side and sell-side firms and about 150 trading venues around the world.
The American Financial Technology Awards Nominations Deadline Approaches
The American Financial Technology Awards (AFTAs) submissions deadline is Oct. 25, and that date won't be extended.
ITG Inks TwoFour Deal
Agency broker ITG has licensed TwoFour FX to help manage its foreign exchange (FX) operations.
Swift VAN Passes ENAT
Swift has announced that its value-added network (VAN) for the Target2-Securities (T2S) project has passed the final milestone in a major test cycle.