News
FxPro To Acquire Spot FX Aggregator Quotix
The agency-model foreign exchange (FX) broker FxPro Group has announced its acquisition of Quotix, the provider of liquidity aggregation and distribution solutions to FX buy-side and sell-side firms, in order to open up to institutional clients and…
Kx Systems Looks to Grow in China
Earlier this week, Kx Systems' kdb+ database was selected by the Laboratory for Financial Innovation at the Shenzhen Stock Exchange (SZSE) to perform trading analytics.
Tullett Prebon, Parthian Partners Sign Joint Venture in Nigeria
Interdealer broker (IDB) Tullett Prebon has announced it has signed a joint venture with Nigerian-based interdealer broker Parthian Partners to expand its footprint across Africa.
Activ Adds EU Alternative Venues to ActivFeed
Market data and ticker plant provider Activ Financial has added new content from four European alternative trading venues to its ActivFeed low-latency consolidated datafeed, in response to customer demand and to provide traders with complete coverage of…
Nationwide Chooses AxiomSL for Reporting
The financial services firm will use the reporting and risk management provider's services to comply with UK regulations
ParFX Prime Goes Live with First Trade
Foreign exchange (FX) platform ParFX has announced that its buy-side-focused service ParFX Prime is now live, and the first trade was completed between GSA Capital and Virtu Financial in late August.
CME Europe Adds Vermaas as CEO
The Chicago Mercantile Exchange Group (CME) has appointed Cees Vermaas as managing director and CEO of its London-based derivatives exchange, CME Europe.
Bangladesh Broker LankaBangla Taps DirectFN for Data-Trading Platform
Dhaka, Bangladesh-based broker LankaBangla Securities has enlisted Dubai-based data provider DirectFN to integrate datafeeds from Bangladesh's Chittagong and Dhaka stock exchanges into a trading platform to enhance the firm's online trading capabilities,…
DataArt Acquires AW Systems
Bespoke software developer DataArt has acquired New York-based web engineering and consulting firm AW Systems to expand its global portfolio of consulting by doubling its consulting and engineering team in New York, and enabling it to serve North…
DataArt Acquires AW Systems, Will Open New Development Center in Argentina
DataArt says it has bought South American consulting specialist AW Systems.
Nasdaq OMX Extends SMARTS to Energy
The exchange operator's market surveillance service now covers energy trading, and is designed for both sell-side intermediaries and end-user clients.
TABB Group Launches Equities Market Trading Venue and Routing Analytics Service
Research and consulting firm TABB Group announced the launch of Clarity, a U.S. equities market trading venue and routing analytics service designed to help money managers, institutional investors, brokers and trading venues standardize, gather,…
Equinix Deploys Perseus ‘High Precision Time' Timestamping Service
Datacenter provider Equinix has rolled out New York-based low-latency network provider Perseus Telecom's High Precision Time service──which provides nanosecond-level timestamps, and includes access to a National Institute of Standards and Technology …
REDI Appoints Lax as Head of Emea Sales
REDI Holdings, the provider of the REDIPlus execution management system (EMS), has announced the appointment of Michael Lax as its new head of Emea sales.
ICE Plans Majority Stake in Dutch Clearer
The IntercontinentalExchange Group (ICE) has announced that it will acquire a majority stake in the Holland Clearing House (HCH), adding to its recent shopping cart of company buys.
KLP Extends SimCorp Usage
KLP Kapitalforvaltning has extended its use of SimCorp to cover its entire front-office activities, the Copenhagen-headquarter vendor has announced.
Taiwan and Singapore Eye Trading Link
The Taiwan Stock Exchange (TWSE) and the Singapore Exchange (SGX) have signed a letter of intent to start and work towards linking the two bourses to facilitate cross-border trading, clearing and settlement.
KOR Group Launches Best Ex Analysis Program
Boutique research and consulting firm KOR Group has launched its Best Execution Accreditation services, providing the buy side with regulatory compliance as well as information around execution quality and potential transaction cost reduction.
Tabb Delivers ‘Clarity’ with Trade Data, Routing, Fill Rate Analytics
Research firm Tabb Group has unveiled a new trade data and routing analysis service, dubbed Clarity, that will help market participants monitor and benchmark the impact on execution price performance of routing strategies for US equities trades that…
Tabb Unveils Trade Routing, Fill Rate Analysis Service to Improve Buy-Side Execution
Research firm Tabb Group has unveiled a new trade data and routing analysis service, dubbed Clarity, that will help market participants monitor and benchmark the impact on execution price performance of routing strategies for US equities that include…
CME Lifts LSE's Stuart for Sales
CME Group has hired former London Stock Exchange exec Ross Stuart as senior director of information products management.
EidoSearch Upgrades Predictive Front End
Toronto-based predictive analytics provider EidoSearch has rolled out a new interface that makes it easier for end users to perform analytics on Big Data via a desktop browser or mobile device.
Shenzhen Exchange Taps Kx for Trade Analytics
The Shenzhen Stock Exchange's Laboratory for Financial Innovation-which produces market performance reports on metrics relating to the exchange's operations-is to roll out Palo Alto, Calif.-based tick database provider Kx Systems' database and time…
BGC Presents Offer for GFI Group
Brokerage firm BGC Partners has announced its intention to submit a cash tender offer to the shareholders of GFI Group, in direct competition with a previous announcement that the New York-based firm would be acquired by the Chicago Mercantile Exchange …