News
MDX Tech Taps CFSI as Canadian Agent
UK market data connectivity supplier MDX Technology has appointed Toronto-based consulting services startup Collaborative Financial Services Inc (CFSI) as its sole agent in Canada, as part of its ongoing expansion into North America.
SoftSolutions Implements MillenniumIT Protocol for Borsa Italiana Bond Markets
London Stock Exchange-owned Borsa Italiana has rolled out Italian fixed income connectivity and trading software provider SoftSolutions' connectivity suite to support the implementation of the new data protocol from LSE-owned exchange technology provider…
Abacus Rolls Out File Transfer Solution for Buy-Side Firms
Abacus Group has launched a new service designed to help hedge funds and private equity firms to automate routine file transfers.
StatPro Gives Asset Managers Access to Nasdaq Index Data on Revolution
Portfolio data and analytics software vendor StatPro is to make more than 41,000 indexes in the Nasdaq Global Index Family available to asset managers via its cloud-based Revolution analytics desktop platform, as a result of joining Nasdaq OMX's Elite…
BNP Paribas Opens Reporting Tool to Agency Lending Clients
BNP Paribas Securities Services has announced that its agency lending clients can now access its interactive reporting solution, Data Navigation Analysis (DNA), and gain better oversight and control over their lending activities.
Numerix, CameronTec Partner for Structured Products RFQ System
Numerix and CameronTec have announced a joint project that allows clients to institute a FIX-based request-for-quote system for over-the-counter structured products, returning a quote in seconds.
Credit Benchmark Raises $7M, Unveils Consensus Ratings Service
London-based Credit Benchmark, a startup provider of consensus credit rating data, has raised $7 million to support the ongoing production rollout of its data service by funding new hires and the opening of a new office in New York.
SGX Moves Forward with HKEx Partnership, Opens Local Derivatives Office
The Singapore Exchange has opened its "liquidity hub" point of presence (PoP) in Hong Kong Exchanges and Clearing's datacenter-the first step in a series of moves to facilitate closer cooperation between the exchanges, including setting up PoPs in each…
ICE Taps Morningstar for NYSE Web Data
IntercontinentalExchange is rolling out financial data and web components from Chicago-based data and investment research provider Morningstar to make market data available online via the New York Stock Exchange's redesigned website.
SGX Unveils PoP at HKEx, Opens Local Derivatives Office
The Singapore Exchange has opened its "liquidity hub" point of presence (PoP) in Hong Kong Exchanges and Clearing's datacenter--the first step in a series of moves to facilitate closer cooperation between the exchanges, including setting up PoPs in each…
SS&C GlobeOp Gains UK Regulatory Approval for Depositary Lite
SS&C GlobeOp has gained full UK Financial Conduct Authority (FCA) approval for its Depositary Lite service, the provider has announced.
MarkitSERV Connects to KRX for Swaps Clearing
MarkitSERV, Markit’s electronic trade processing service for over-the-counter (OTC) derivative transactions, has connected to Korea Exchange (KRX) for the clearing of interest-rate swaps.
Tryd Partners Cellbroker, SolutionTech Tap Perseus LiquidPath
Cellbroker, a Brazilian provider of mobile trading solutions for stocks, commodities and currencies, and Rio de Janeiro-based trading technology platform vendor SolutionTech have rolled out low-latency fiber and microwave network provider Perseus Telecom…
NovaSparks, Thesys Ally for Accelerated Data
French FPGA feed handler and data platform provider NovaSparks and New York-based Thesys Technologies, a provider of low-latency data, trading and risk solutions have integrated their offerings so mutual clients can apply the performance gains of…
Pierpont Selects SunGard's Loanet for Securities Finance
Pierpont Securities, a specialized fixed income shop, has selected SunGard’s Loanet to help manage its securities finance operations, including trading, inventory management, accounting and settlement.
Dow Jones' Smith to Head B2B Professional Products
Dow Jones has appointed New York-based Dan Smith head of the vendor's Professional Information Business product team, which covers its DJX terminal, Risk & Compliance offering, Dow Jones Newswires and Factiva.
Chi-X Canada Taps TickSmith for Tick Database
Toronto-based alternative trading system Chi-X Canada plans to roll out an online service for market participants to access its historical trade and quote data within the coming months, using technology developed by Montreal-based historical tick data…
Horizon Software to Launch Chinese Options Trading System
Horizon Software, a Paris-based provider of front-end trading software, is planning the launch of an options trading system for the Chinese market, set to launch in the fourth quarter of 2014.
Barclays Africa Goes Live on EquiLend
Johannesburg-based Absa Bank, a subsidiary of Barclays Africa, has become South Africa’s first domestic bank to execute a securities finance trade on the EquiLend trading platform. The move marks a progression toward the automation of Absa’s trading and…
Broadpeak Adds Real-Time Limits Compliance to K3 Data Platform
Integration software provider Broadpeak Partners has added position limit monitoring functionality to its K3 data integration software to enable users to monitor real-time data on their current holdings against pre-set limits and track those trade…
Exchanges, FINRA Reveal CAT Operator Shortlist
US self-regulatory organizations, including US exchanges and regulator FINRA, have selected six potential candidates for the role of processor of the US consolidated audit trail (CAT), which will capture all trades, quotes, cancellations and other…
Network Glitch Halts Trading on BSE
Asia's oldest stock exchange, the Bombay Stock Exchange, experienced an outage Thursday morning that halted trading for three hours.
Lucena Moves QuantDesk Databases to Amazon Cloud
Atlanta, GA-based decision support analytics provider Lucena Research is migrating the infrastructure behind its QuantDesk predictive analytics platform to the Amazon Web Services cloud, to provide greater scalability to support its expanding customer…
CAT Bid List Shrinks to Six
The national securities exchanges and the Financial Industry Regulatory Authority (Finra) have selected six bids from the list of ten request-for-proposal (RFP) responses that were submitted to build and maintain the Consolidated Audit Trail (CAT).