Tech
HFT Is the SEC's Fault, Says a Former Exchange Operator
Steve Wunsch has long been a critic of the SEC. Now he's blaming them for the problems caused by high-frequency trading, and for the reactions, like a financial transaction tax, that may follow.
Fidessa to Co-Locate at Aussie Datacenter
Five months after entering Australia, Fidessa will place its SaaS and connectivity network in the ASX Liquidity Center.
Cray Launches New Big Data Appliance
YarcData division announces enterprise release.
3.1415925635 Is the Magic Number
Are we about to drown in a new wave of quants?
HFT Is the SEC's Fault, Says a Former Exchange Operator
Steve Wunsch has long been a critic of the SEC. Now he's blaming them for the problems caused by high-frequency trading, and for the reactions, like a financial transaction tax, that may follow.
Onyx Adds London Datacenter to UK Fleet
Onyx has acquired a sixth UK datacenter as it grows its financial services support.
Deutsche Bank to Sell Asset Management Businesses
Frankfurt-based bank in discussions with Guggenheim Partners over sale.
Numerix Releases LiquidAsset SDK for System Integration
LiquidAsset SDK is designed to enable in-house and third-party pricing and risk application integration.
UK Kay Review Demonstrates Antipathy towards HFT
Respondents also hesitant about liquidity fragmentation.
Clearstream Teams with BNP Paribas for Collateral Management
Agreement creates a single collateral pool.
SS&C Buys Portia from Thomson Reuters
The deal for the investment operations platform will be worth $170 million.
Instinet Extends VWAP Cross to Europe and Hong Kong
Block trading facilitator now available in six regions.
UBS Swoop Seeks Liquidity in Small and Mid-Cap Names
A new global algorithm from UBS is specifically designed to trade low-volume securities.
Portware Appoints New CEO
Liquidnet veteran takes the reins at vendor.
Flexible Risk Technology Hailed in SunGard Survey
Laurence Wormald, Sungard APT's head of research, says new technology can have significant impact in 2012.
Park Square Capital Selects SunGard's Investran
Investran to help Park Square streamline its back-office operations with greater automation and transparency.
FinArch Incorporates Basel III Support
Financial Studio Basel III offers a scalable solution to the regulations facing banks, according to FinArch.
Bursa Malaysia Launches New Clearing System
Exchange debuts platform with enhanced automation.
Aberdeen Picks F3 for Valuation
Using the Fincad product, Aberdeen can manage risk for fixed-income derivatives under one system.
BlueBay Implements Imagine's Real-Time Portfolio
Asset manager to roll out software across alternative investments desk.
Investors Call for Improved Transparency
Results from SEI's fifth annual survey suggest 2012 could be a pivotal year for hedge funds.
SunGard Debuts Hedge360
New software for alternative asset managers, delivered as a hosted service.
Getco Appoints Former UBS Exec as CEO
Daniel Coleman takes over at the head of market making firm.
Paladyne Unveils Version 8.0 of Portfolio Management Solution
Enhancements include expanded functionality for OTC valuation, modeling, and algo integration, as well as broader connectivity to its FIX broker network, and integration with Omgeo's CTM service.