News
t0 Offers Non-US Hours Trading Platform for US Securities
The firm also forms a new firm after acquiring Singapore-based Blue Ocean Technology.
Olmstead Taps Data Vet Knous
Knous has spent 30 years in buy-side investment, data and technology roles.
Decision to be Made on CAT Plan Processor Soon, Sources Say
The announcement of which firm will be responsible for building the massive audit trail could come as soon as tomorrow.
Deloitte Opens Second Blockchain Lab
The lab in New York will focus on creating blockchain prototypes ready for integration into clients' production systems.
Colt Grows IQ Network Service in Singapore, Hong Kong
The expansion is part of Colt's plan to invest significantly in Asia over the next three years.
S&P Sells QuantHouse Back to Founder
The deal marks another about-face on real-time data for S&P, which sold Comstock in 2003, then re-entered the space by buying QuantHouse in 2012.
Sell-Side Technology Awards 2017 Open for Entries
WatersTechnology's 5th annual Sell-Side Technology Awards, focusing on the technology provided to sell-side institutions by third-party technology vendors and brokers, are open for entries.
NEX Distributes Tradition Data
After selling its voice-brokerage business to rival Tullett Prebon, NEX (formerly Icap) has forged a data alliance with Tradition.
Survey: Buy Side Trends Toward Unbundling Research
A survey of 234 asset managers reveals that only 13 percent intend to continue paying for research from all top nine investment banks under Mifid II.
Morningstar Names Rothschild, Dunn Product, Revenue Heads
The pair will join the vendor's executive management team.
SimCorp Reshuffles European Operations
Buy-side vendor establishes new Northern and Southern European market units, alongside existing Central European unit.
Startup Real Estate Exchange IPSX Taps GoldenSource as Data Platform
GoldenSource will supply IPSX with cloud enterprise data management solution to manage market and reference data and reporting.
HSBC Private Bank Picks Bloomberg for Margin Data Management
The bank is one of a number of firms that have chosen the Bloomberg solution for collateral management and reconciliation.
NYSE to Offer Floor Trading for All US Equity Securities
The exchange will allow Nasdaq-listed symbols and ETFs to be traded on its floor.
FactSet Launches FinTech Index
The FactSet Global FinTech Index is designed to provide an equity benchmark for investors to measure and track the performance of companies engaged in financial technology.
Linedata Launches New Version of Fund Accounting Solution
Latest upgrade to Linedata Mfact offers greater integration with Linedata Optima.
Saudi Stock Exchange Makes Move Toward T+2
The switch is being made in an effort to attract foreign investors, according to a Reuters report.
Goldman Sachs Shakes Up Technology Division
The firm’s head of technology announces his retirement on the same day the firm names a new chief information officer.
Tradeweb Signs Deutsche Bank, JPMorgan, Goldman Sachs for Mifid II Reporting Service
Investment banks sign up for Approved Publication Arrangement (APA) service for post-trade reporting transparency.
IHS Markit Launches Solution for US Equity Derivatives Tax Mandate
The solution will help firms determine whether certain derivatives fall in scope of the Section 871(m) tax law, and calculates withholding details.
Wall Street Horizon, Estimize Ally on Earnings Dates, Estimates Info
The alliance combines related earnings information on each vendor's platform.
ISITC Names BBH's Choinski Chair, Appoints New Board Members
Choinski has served on ISITC's board for the past 12 years before becoming chair.
Ipreo’s Electronic Order Submission Solution Premieres with a Deal for Commonwealth Bank of Australia
Backed by major banks, Ipreo’s solution allows investors to electronically submit orders directly to sell-side syndicate banks on fixed-income issues.
DTCC Picks IBM, Axoni, R3 to Develop Distributed-Ledger Solution for Derivatives Processing
IBM and Axoni to develop DLT-based replacement for existing Trade Information Warehouse; R3 to act in advisory role.