Articles by James Rundle
Capital Partners and Quote MTF to Launch New Spanish Venue
Multilateral trading facility (MTF) Quote MTF and London-based Capital Partners are planning to launch a Spanish trading platform in coming months, challenging the fourth-largest European market's incumbent exchange.
Cass Questions Circuit Breakers in New Study
The Cass Business School at City University, London, has released an academic paper questioning the validity of measures put in place after the Flash Crash to ensure market stability.
Belfius Turns to Autonomy For Post-Trade Automation
Belfius Bank, formerly Dexia, has selected Autonomy, an HP company's Scrittura product to automate its trade confirmation process.
Moscow Exchange Connects to BRICS Network through Radianz
Moscow Exchange, the Russian bourse born from the merger of Micex and RTS, can now access the BRICS Exchanges Alliance through use of BT's Radianz cloud.
Getco Enhances Algo Suite
Electronic market-maker Getco has announced the expansion of its algorithmic trading offering, including six new strategies.
Citi Reshuffles Top Job as Pandit Steps Down
Citigroup's board of directors has elected EMEA head Michael Corbat as the bank's new chief executive, following the resignation of incumbent Vikram Pandit.
Oslo Børs to Acquire Burgundy
Norwegian exchange Oslo Børs is set to acquire its Swedish rival, Burgundy, in a play for regional control of equities trading.
Chatham Releases FX Risk Platform
Advisory firm Chatham Financial has released a suite of cloud-based products aimed at managing foreign exchange (FX) risk.
Misys Unveils SummitFT 5.6
Treasury and capital markets software vendor Misys has released version 5.6 of its SummitFT product to cover central clearing and margin management requirements.
The Curious Case of the Nifty
The Flash Crash on India’s exchange highlights the perils of instituting catchy mechanisms like circuit breakers without really analyzing what causes problems in the first place.
Covéa Extends GTFrame Use
Covéa Finance has signed an agreement with Sterci France to roll out its GTFrame product for messaging flow across various business departments.
Traiana to Process OTC FX via ICE Link
Post-trade specialist Traiana has signed an agreement with the IntercontinentalExchange (ICE) to process over-the-counter foreign exchange (OTC FX) contracts via the ICE Link middleware service.
NovaSparks Installs Kontopodis
Field-programmable gate array (FPGA) vendor NovaSparks has hired George Kontopodis as its executive vice president of product development.
G6 Takes Deltix for Algo Trading
G6 Capital Management has selected Deltix's suite of products for the testing and operation of its quantitative trading strategies.
SunGard Buffs Ambit with Analytics
SunGard has announced the enhancement of its Ambit treasury management suite for banks, with tools designed to manage liquidity and capital requirements.
Saxo Bank Initiates LatAm Push
Specialist online investment house Saxo Bank has acquired a Uruguayan broker, in a bid to extend its presence in Latin America.
Ethiopia's Central Bank Selects Polaris
The National Bank of Ethiopia (NBE) has implemented Polaris Financial Technology's Intellect Quantum Core Banking Solution for a range of operations.
Schroders Builds Out Babel from Bravura
London-headquartered asset manager Schroders has selected Bravura Solutions' Babel software for its messaging network infrastructure.
SEF Nuances Provide Challenges for Liquidity Aggregation
While liquidity aggregation as a practice is nothing new for market participants, the specific character of Swap Execution Facilities (SEFs) and their diversified offerings will lead to new ways of thinking for sell-side firms, research from GreySpark…
BNY Mellon Wins Allianz Outsourcing Deal
Allianz Global Investors (AGI) has awarded a contract to provide outsourced data and accounting services for a range of its funds to BNY Mellon.
Expedition Launches Imagine's Cloud for Risk Management
Hong Kong-based hedge fund Expedition Advisors has integrated with Imagine Software's cloud-based portfolio management and risk offering.
The Two-Day Maneuver
For something relatively simple in concept, the shortening of settlement cycles can be rather complex in practice. Moving away from T+3, though, is inevitable, and it has a solid groundswell of support within both the buy and sell sides.
Fidessa Promotes Chatterjee, Opens Mumbai Office
Trading software vendor Fidessa has announced the opening of a new location in Mumbai, India.
eBX Fined for Information Leakage
The US Securities and Exchange Commission (SEC) has fined dark pool operator eBX for failing to protect confidential information.