Articles by James Rundle
Tri-Party Repo Interoperability Agreed by Clearing Houses
Euroclear Bank, Eurex Clearing and Clearstream have agreed an interoperability framework, allowing access to each other's infrastructure in an attempt to ease collateral flow across European borders and increase efficiency in the tri-party repo market.
MarketAxess Files SEF Application with CFTC
Electronic trading platform operator MarketAxess has submitted its application to the US Commodity Futures Trading Commission (CFTC), in order to become a swap execution facility (SEF).
Markit Readies Front-Office Upgrade for OTC Charges
Markit has announced new calculations in its front-office analytics suite, designed to help customers cope with a range of complex regulatory calculations from a single application.
Don't Worry Guys, We've Got This
Batman and Robin to rescue derivatives from regulatory arbitrage.
ESMA Preps Technical Standards for OTC Clearing
The European Securities and Markets Authority (ESMA) has released a discussion paper, as a first step in producing detailed technical standards for the central clearing of over-the-counter (OTC) derivatives instruments.
Nomura Partners Amazon for Cloud Services
Nomura Research Institute (NRI) has announced that it is now a premier consulting partner with Amazon Web Services (AWS), and will be building out a dedicated team to support development of secure cloud models.
Nasdaq Extends Smarts to Buy Side Through Sterling Partnership
Nasdaq OMX has announced a partnership with Sterling Trader, extending the use of its Smarts Broker surveillance product to buy-side firms.
INTL FCStone Abandons Cleartrade Acquisition Plans
Commodities brokerage INTL FCStone has dropped its plans to acquire a controlling interest in Cleartrade Exchange (CLTX), citing Dodd-Frank Act provisions as a barrier to the deal.
Mixed Start for SEF Registrations
Although the US Commodity Trading Futures Commission (CFTC) has finalized its rules regarding the operation of swap execution facilities (SEFs) and registration has been open for weeks, not all institutions have filed applications with the regulator as…
BNP Paribas Selects Swift VAN for T2S Connectivity
BNP Paribas Securities Services has chosen Swift's value-added network (VAN) to meet its connectivity needs to the proposed Target2-Securities platform (T2S).
Azul Partners with Simplex in Japan
Java specialist Azul Systems has announced that it has formed a commercial partnership with Simplex Consulting, a Japanese vendor.
Omgeo and Eze Automate Matching Between Platforms
Omgeo and Eze Software Group have announced the development and launch of a high-performance link between Eze OMS and Omgeo Central Trade Matcher, in order to automate futures and options matching between the two products.
All I Ask is a Tall Ship and a Star to Steer Her By
A little high concept with your high technology.
Canadian Regulator Addresses Direct Access
Canadian Securities Administrators (CSA), an umbrella organization of regulatory bodies in Canada, has announced amendments to recent regulation over direct access to markets.
Twitter Fund Founder Returns with Cayman Atlantic
Paul Hawtin, founder of the Derwent Absolute Return Fund, which traded based on social media sentiment analysis, has returned to investment management with the launch of Cayman Atlantic.
Tradeweb Submits CFTC Application for SEF Status
Tradeweb Markets has announced that it is applying to the US Commodity Futures Trading Commission (CFTC) for swap execution facility (SEF) credentials, operating two separate platforms.
For Big Data, the Mindset Outweighs the Concept
Panelists at the Asia-Pacific Trading Architecture Summit, held last week in Singapore, discussed the effect of big data on financial services firms, but remained skeptical that the widely debated phenomenon was anything more than a natural evolution…
CIMB Exec Advocates Tech Restraint in APTAS Keynote
Andrew Freyre-Sanders, managing director and head of execution services at CIMB Securities, warned against being swept up in technology arms races and stressed the need for intelligent systems design, while delivering the keynote address for the 2013…
SEC Announces Quant Analysis Unit
The US Securities and Exchange Commission (SEC) has announced a number of new initiatives designed to combat fraud and market abuse, including a unit dedicated to risk and data analysis, within its enforcement arm.
Knight Capital and Getco Complete Transformation to KCG
With the completion of the merger between high-frequency trading (HFT) specialist Getco and broker-dealer Knight Capital, KCG was launched as a single entity on July 2, 2013, creating a securities firm of considerable size and scale in the US and global…
Cost Control Beneficial to Big Bank IT Departments
Panelists at the Asia-Pacific Trading Architecture Summit, held last week in Singapore, debated the current business climate when it comes to infrastructure management, saying that although budgets are tighter, this is introducing a needed element of…
In Asia, Fragmentation Creates Regional Technology Challenges
Panelists at the Asia-Pacific Trading Architecture Summit, held in Singapore last week, discussed the role that regulatory fragmentation is playing in forcing banks to develop complex, semi-siloed systems in order to operate in multiple countries while…
Legacy Concerns Risk Overriding Architecture Decisions at Banks
Panelists at the Asia-Pacific Trading Architecture Summit in Singapore last week debated the contrasts between staying current in terms of technology and managing tightened budget sheets, saying that the approaching end of the lifecycle for technology is…
Cost and Complexity for Asian Tigers
It’s trading, Jim, but not as we know it.