Sell-Side Technology/Special
TD, IBM Team on Blue Gene
Toronto-headquartered TD Bank Financial Group has partnered with IBM to utilize the vendor's Stream Computing software system to perform "on the fly" analysis of live data, IBM officials
Billing Your Way To Success
Back at the turn of the 20th century, Serbian technology wizard Nikola Tesla was experimenting with ways to transmit alternating electrical current over vast distances without using cabling.
Merrill Lynch's Three Steps to a Global Grid
Creating a global compute grid is not an easy task, but traders at Merrill Lynch have been benefiting from the firm's global grid for the past year as they send analytics calculations across the wide area network (WAN) on a daily basis.
One Grid to Rule Them All?
If you do a quick term search on Google for "grid to rule them all," it returns 205 pages. If you search just on the term "grid computing," it returns another 4.88 million-in English alone.
State Street Completes Currenex Deal
Global financial services provider State Street Corp. has announced that it has completed its purchase of foreign-exchange (FX) trading network Currenex.
StanChart Adds API Link to 360T
Global wholesale bank Standard Chartered recently went live with a FIX-based application programming interface (API) that will provide users access to a number of pools of liquidity via the bank's Straight2Bank Stream electronic trading platform or the…
Living in Interesting Times
When it comes to algorithmic trading the cash equity markets have been in the vanguard of adoption. However, the electronic foreign exchange (e-FX) markets are catching up quickly. For a little over the past 15 months, the markets have seen increased…
Velocity Opens in London
As part of a company relaunch, Australian Web-based foreign exchange (FX) trading lifecycle software provider Velocity Systems International has opened an office in the City of London, say officials.
Citi Readies FX-Specific Front End
The bank's new graphical user interface (GUI) will run in parallel with Citi Treasury Interactive and includes stack pricing, decimal pricing and algorithmic execution capabilities.
The Future of E-FX
Since the beginning 2007, the electronic foreign exchange (e-FX) market has gone through dramatic changes with the adoption of algorithmic execution as volume and volatility have reached record levels.
On the Road to Derivatives Automation
Whether it's the tightened spreads in the listed derivatives markets or manual nature of the over-the-counter (OTC) derivatives markets, investment banks are looking to automate their derivatives desks. Dealing with Technology sits down with Jesper…
Swapstream Signs 33 Clients
Multilateral electronic trading platform for interest rate swaps (IRSes) Swapstream has 33 buy-side participants committed to the vendor's Early Adopter Program (EAP) for Chicago Mercantile Exchange (CME) Swaps on Swapstream, according to a company…
Taking Advantage of New Market Opportunities in Algorithmic Trading
Electronic options market making has always been automated, at least on some level.
Industry Hazy on Project Rainbow
Seven investment banks have put the major derivatives exchanges on notice with their recent announcement that they plan to launch a multilateral trading facility (MTF) for financial derivatives, dubbed Project Rainbow, according to media reports.
London Metal Exchange Launches Online Hedging Tool
The London Metal Exchange (LME) has recently launched its own online steel hedging simulator, say officials. The interactive hedging tool is designed to help anyone interested in managing steel price risk to better understand the process of hedging, and…
The Changing Path of Derivatives Trading
Around the world, derivatives trading desks are changing. It doesn't matter if they are trading listed instruments, such as options or warrants, or the fat-margined over-the-counter (OTC) one-off contracts. Automation is making these instruments far more…
Common Technology Drives Derivatives Success for UBS
After a major technology overhaul that began four yeas ago, UBS Investment Bank is reaping the rewards by rolling out common technology across its various trading desks. So far, the listed equities derivatives desk has been the highest-profile…
Sponsored Statement: Voice Recording for Compliance
By Paul Manyweathers, Managing Director of CyberTech (UK) Ltd
Genescape Acquires EnvaPower
Genscape, an industry source for real-time power plant output and transmission status information, has acquired EnvaPower, provider of real-time power market intelligence, Genscape officials say.