Sell-Side Technology/News
SIX Swiss Exchange Introduces Sponsored Access
SIX Swiss Exchange has announced the debut of its sponsored access program, allowing members to provide their clients with a direct route into the market.
FPL Announces Re-brand to Fix Trading Community
Fix Protocol Limited (FPL) has undergone a major re-brand, changing the name of the organization to Fix Trading Community, in order to better reflect its expanded role in the industry outside of its messaging standard.
Rabobank Selects SuperDerivatives for FX
Netherlands-headquartered Rabobank has selected SuperDerivatives' SDX product for its foreign-exchange (FX) trading requirements, the vendor has announced.
Warsaw Stock Exchange to Partner with Aquis Exchange
The Warsaw Stock Exchange (WSE) announced today that it has signed an agreement to purchase a 30 percent stake in the proposed pan-European stock exchange, Aquis Exchange.
NYSE-ICE Deal Approved by SEC
The US Securities and Exchange Commission (SEC) has given its blessing to the proposed acquisition of NYSE Euronext by the IntercontinentalExchange group.
Pershing Chooses Valdi for Connectivity
Pershing, a BNY Mellon subsidiary, has selected SunGard to provide market connectivity to its newest broker-dealer in Canada.
Wave of Senior Appointments at the SEC
The US Securities and Exchange Commission (SEC) has recently announced a wave of senior appointments, in response to commissioner departures and staff replacement needs.
Direct Edge Petitions Brazilian Regulator to Open Exchange Landscape
US exchange group Direct Edge has submitted a response to a consultation by Comissão de Valores Mobiliários (CVM), the Brazilian Securities and Exchange Commission, in which it indicated its interest in operating a trading venue there.
IBM to Acquire Cyber Security Specialist Trusteer
IBM has announced a definitive agreement for the acquisition of Trusteer, a software company specializes in counter-fraud and digital security.
FlexTrade Completes Integration with OTC Link ATS
FlexTrade Systems, which provides execution and order management trading systems (OMSs), has completed its integration with OTC Link and it can now support trading and market making on OTC Link's Alternative Trading System (ATS).
Spectrum Equity, TA Associates Buy Lehman's Stake in BATS
The growth private equity specialists have acquired separate minority stakes in BATS Global Markets, the world's third-largest exchange operator, the sum of which was previously held by Lehman Brothers Holdings Inc.
EuroCCP Announces Cross-Platform Netting Service
EuroCCP has debuted its new netting service for customers operating across multiple venues trading UK and Irish stock.
ParFX Goes Live With Equinix London Data Center
Global foreign exchange platform ParFX announced it has selected Equinix’s International Business Exchange (IBX) data center campus based in Slough, UK, to provide easy access to the global Spot FX market.
Savvysoft Updates Derivatives Pricing Models
New York-headquartered risk and pricing vendor Savvysoft has announced that its TOPS suite has received a number of model additions, including curves based on overnight index swap (OIS) pricing.
ASIC Releases New Rules on Dark Liquidity and HFT
The Australian Securities and Investment Commission (ASIC) has released a new set of rules for dark liquidity and high-frequency trading that are designed to influence market participants’ behavior.
Dark Liquidity Reaches Record High in Europe
European dark pool trading spiked in the month of July, according to data compiled by Thomson Reuters.
GMEX Targets Derivatives Reform Opportunities with Launch
The Global Markets Exchange Group International (GMEX) has announced its launch, with plans for four markets.
AxiomSL Appoints Elliot COO
The reporting and risk management solutions provider has brought on Gordon Elliot for its newly-formed operations chief role, where he will focus on partnerships for expansion and other growth initiatives.
AlgoSpan Connects to The Order Machine
Market infrastructure provider AlgoSpan has now connected to The Order Machine (TOM) and all TOM MTFs (Multilateral Trading Facility) through AlgoNet.
CLS Opens Further Asia Presence
CLS Group has announced that it will expand its presence in Asia-Pacific through the opening of an office in Hong Kong.
Liquidnet Expands Suite of CMS to Europe Members
Trading network Liquidnet has announced the expansion of its commission management services (CMS) to members in Europe in order to reduce conflicts between best execution and commission payments, and increase transparency.
FCA Appoints Investment Supervision Chief
The UK Financial Conduct Authority (FCA) has announced the appointment of William Amos as the director of its wholesale banking and investment management division.
ISE Launches Gemini Options Exchange
The International Securities Exchange (ISE) has announced the successful debut of Gemini, its second exchange for US options trading.
Turquoise Hires Barnes for CEO Role
Turquoise, the multilateral trading facility (MTF) owned by the London Stock Exchange Group, has announced that former UBS MTF CEO Robert Barnes will join the platform business as its chief executive.