Articles by Jake Thomases
Minne Named CEO of FRSGlobal Unit at Wolters Kluwer
The unit's former CFO and COO will now be in charge of strategy and operations, as well as sales and marketing.
Nasdaq OMX Amps Up Datacenter Capabilities
Clients at the New Jersey datacenter will be able to access higher power and bandwidth, and lower latency.
SEC Approves Bats’ Liquidity Provider Program
The Bats program encourages market-makers to post competitive quotes and add liquidity.
Sarkozy's FTT Won't Cross the Atlantic
The French president promised a financial transaction tax for his country in August, reviving talk of its merits. Firms and technology providers can rest easy: The US isn't about to follow in his footsteps.
State Street Names Portfolio Heads
Nicholas Bonn and John Minderides are taking over portfolio solutions for State Street Global Markets.
FlexTrade's Kedia on the DGCX Relationship (Q & A)
FlexTrade's Singapore director Manish Kedia brokered a deal to become an ISV at a Dubai exchange. Jake Thomases asks him about that deal, and what else the platform provider is up to.
TMX Moves Up Co-Lo Timetable
Following faster-than-expected implementation of the first three phases of it's co-location facility, and increasing demand, TMX Group will begin phase four sooner than expected.
Renaissance Capital Successfully Goes Live with GATElab
Renaissance Capital went live on the LSE-IOB segment in late 2011 using GATElab's HFTS module.
Jefferies Buys Hoare Govett from RBS
The US investment bank will acquire the historic UK broker from RBS, which is selling off its investment banking side.
Dubai Exchange Approves FlexTrade as ISV
FlexTrade will offer a variety of derivatives trading solutions to Dubai Gold and Commodities Exchange customers.
Numerix Partners with Orchestrade
Clients of Orchestrade's trading and risk platform will have access to Numerix pricing and risk analytics.
ICE Clear Credit to Offer Portfolio Margining Benefits
A move is made to allow for more efficient collateralization of opposite positions in index and correlated single-name credit default swap instruments.
GlobeOp Adds Fourth Office to Mumbai Network
GlobeOp responds to client demand and opens a hedge fund administration and data center facility.
Andall on as Network Manager for FXecosystem
As part of a plan to bring in more technical personnel, FXecosystem has hired Chris Andall.
Trading Physics Adopts Myricom Low-Latency Software
The software provider opts for Myricom adapters that achieve sub-four microsecond latency.
Misys Selects IBM to Power BankFusion
The agreement allows Misys clients to install a certified process-management technology without the need for additional integration and testing of banking applications.
Do They Only Like Me for My Algos?
Unlike bulge-bracket firms, mid-tier broker-dealers have to make tough choices about which algorithms to white label and which ones to develop themselves. They want to optimize their value to clients, but aren’t always sure what clients are looking for…
Try Before You Buy: Firms, Vendors Employ Proofs of Concept
Technology vendors were once loath to give away their ideas for free. Financial service firms were similarly unwilling to invest in a project that might be a sunk cost. However, attitudes are changing, and it is now standard for companies to pay for…
Savvis Provides Connectivity to Eris Exchange
Access to interest-rate swap futures on the Eris Exchange can now go through Savvis.
Toronto Joins NYSE Technologies Liquidity Center Network
NYSE Technologies continues to expand its Liquidity Center Network with two new centers in Toronto. It is only one stop in a much longer journey.
Buyers Reluctant to Sign Enterprise Deal Without POC
Attitudes on Wall Street have changed whereby proofs-of-concepts (PoCs) are seen as less risky—for both parties. End users take less of a risk and vendors are confident in landing a long-term deal.
Buyers Reluctant to Sign Enterprise Deal Without POC
Attitudes on Wall Street have changed whereby POCs are seen as less risky. End users are taking less of a risk and vendors are confident in landing a long-term deal.
TMX Group Takes Substantial Stake in ir2020
TMX Group wanted to get its hands on ir2020’s investor relations tool, among other things.
MetaTrader Gains SMX Certification
The latest version of MetaQuotes' trading platform has been approved for use at the Singapore Mercantile Exchange.