Articles by James Rundle
MarketAxess Expands Match to Wider User Base
MarketAxess has announced that its MarketAxess Trade Crossing Hub (Match) now offers a wider range of single-name credit-default swaps (CDS) to a larger universe of potential institutions.
MAT Design Seen as Strange by FCMs, SEFs
Panelists on a recent Waters webcast regarding the future of over-the-counter (OTC) derivatives reform discussed the US Made Available to Trade (MAT) rules, saying that the design of the regulation was perplexing.
High Time for Cybercrime
Tackling issues head on.
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.
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.
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.
Global OTC Market Reform: Where Next After the US? -- Webcast
WatersTechnology gathered leading industry experts for a webcast on December 5, 2013 to discuss how financial trading firms are dealing with global reform of the OTC derivatives market.
Tackling Symptoms and Ignoring Sources
Deutsche Bank became the latest to ban traders from chat rooms last week.
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.
IBOR Breakfast Briefing: Good Governance Essential for Success
Panelists at a breakfast briefing that covered the investment book of record (IBOR), hosted by Waters, debated the key aspects of the technology itself, saying that any IBOR system requires a layer of data governance in order to be successful.
Market Surveillance special report
December 2013 - sponsored by: Apama, Nasdaq OMX, Nice Actimize
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.
Heward Takes SS&C's Wealth Management Platform
Heward Investment Management has selected SS&C Technologies' Global Wealth Platform (GWP), the vendor has announced.
IBOR Breakfast Briefing: People and Patronage Part of the Puzzle
Panelists at Waters' recent breakfast briefing on the investment book of record (IBOR), discussed practical methods of implementing an IBOR system at a buy-side firm, saying that while technology is important, the key to a successful project is often the…
IBOR Breakfast Briefing: Buy versus Build Debate Rages On
Panelists at a breakfast briefing on the investment book of record (IBOR), hosted by Waters, typified the continuing debate over how an IBOR system should be delivered at investment firms, with some praising the vendor route, and others claiming that the…
IBOR Breakfast Briefing: Projects Should Make a Firm Feel ‘Small’
Jon Rushman, professor of practice in the finance group at Warwick University Business School, said in his keynote address to an investment book of record (IBOR) breakfast briefing hosted by Waters, that the central idea behind an IBOR is making a…
Buy-Side Technology Awards 2013: Winners' Circle—Eagle Investment Systems
With its second win in the best overall buy-side technology provider category, Eagle Investment Systems has proved once again that it is at the top of its game. John Lehner, Eagle’s president and CEO, talks to Waters about cloud on the buy side, what he…
Buy-Side Technology Awards 2013: Best Big Data Technology Provider to the Buy Side—Datawatch Corporation
Big data is rapidly emerging as one of the more contentious terms in modern buy-side technology. Some people argue that it’s absolutely a new phenomenon; others contend that it’s always been there, and it’s just the relativistic levels of data compared…
Buy-Side Technology Awards 2013: Best Buy-Side Execution Venue—Liquidnet
Few names are more synonymous with buy-side block trading than Liquidnet. With an average execution size of 42,000 shares per transaction, and a combined $12 trillion in assets under management among its members, the 12-year-old network certainly has…
Buy-Side Technology Awards 2013: Best Portfolio Accounting Platform—SimCorp
SimCorp marks its first win in the portfolio accounting platform category this year, an area that has traditionally been dominated by industry stalwarts, Advent and Multifonds. This year in particular marks a validation for Dimension, SimCorp’s flagship…
Buy-Side Technology Awards 2013: Best Buy-Side Algorithmic/DMA Product—Deltix
Algorithmic trading and direct market access (DMA) are big business, but they also carry big risks. There only needs to be a cursory scan of news reports from the past few years to see that algorithmic failures can be costly, both in terms of penalties…