News
Frederick Goes from Algos to Sales at Instinet
On its face, Instinet's appointment of Chuck Frederick as head of US product sales is an unusual one. Frederick has been a technologist his whole career, serving most recently as head of algo development at Instinet, the equity execution services arm of…
Exegy Releases Version 3.2 of Data Appliances, API
St. Louis, Mo.-based hardware ticker plant vendor Exegy has released versions 3.2 of its hardware-accelerated Ticker Plant and Market Data System appliances as well as its Exegy Client API, which will deliver twice the raw data input capacity of previous…
Six Partners CME Europe for Tri-Party Collateral Platform
Six Securities Services and the Chicago Mercantile Exchange Group's (CME) European derivatives venue, CME Europe, have announced an agreement to provide a European collateral management platform for both banks and buy-side firms.
SunGard Debuts Risk Reporting Service
SunGard has launched its Hedge360 Risk Reporting Service, which provides hedge funds with independently validated data and analytics for due diligence and risk management strategies.
Macrobond Opens New York Office, Readies New Version of Workstation
Swedish time-series data and analytics vendor Macrobond Financial has established a new sales and support office in New York to service its growing customer base of US investment banks and hedge funds, as well as existing European clients with a US…
TradingScreen Launches PairsHub
Technology vendor TradingScreen has debuted PairsHub, its electronic execution interface that connects with pair-trading algorithms from tier-one investment banks.
Instinet Adds Philippines Support
Instinet has announced that the Philippines has become the 12th Asia-Pacific capital market to be added to its direct market access (DMA) and algorithmic trading platforms.
TT Partners with VeloxPro for Order Book Data Visualization
Trading Technologies has partnered with connectivity and trading solutions provider, VeloxPro, to integrate the firm’s BookMap order-book visualization solution within TT’s execution management system (EMS).
NYSE Plans Corporate Actions Data Changes
The exchange announced new information to be added to its corporate actions data services, and changes to licensing rules and pricing, taking effect September 1
Cumberbatch to Lead Rimes Reference Data Products
Bob Cumberbatch has been hired to lead work on Rimes Technologies' reference data services, with a focus on buy-side firms' management of new regulatory requirements
Exchange Data Revenues Grow in Q1
The world's major stock exchanges have reported largely positive financial results for the first quarter of 2014, with both the developed and emerging markets seeing healthy increases in market data revenues.
Asset Class Data Raises Identifier Demand
Greater interest in asset classification data is fueling more demand for identification codes to manage it, exposing strains due to silos and multiple identifier choices, a data services provider's reference data executive says
Bottega Plans Collaboration at EDM Council
John Bottega, a former chief data officer at a few major firms who recently joined the industry organization as an advisor, intends to work with member firms on data management strategies
Charles River Integrates SEF Workflows with IMS
Charles River Development has announced that its Investment Management System (IMS) product is now compatible with workflows from leading swap execution facilities (SEFs) in the US.
Euroclear, BNP Paribas Extend Collateral Highway Partnership
International central securities depository (ICSD) Euroclear has announced that its Collateral Highway network partnership with BNP Paribas Securities Services has been extended to four more countries.
Stifel to Acquire Oriel Securities
Stifel Financial Corporation has announced that it will acquire Oriel Securities, a stockbroking and investment banking firm based in London.
Nasdaq Nordic Bows Tiered EOD Data Fees
Nasdaq OMX has introduced a new set of fees for data vendors who redistribute end-of-day data from its Nordic Exchange, succeeding a previous policy that allowed vendors to distribute end-of-day data to unlimited numbers of third-party recipients for a…
Rimes Hires Drumm For S.F. Office
Rimes Technologies has hired Michael Drumm, an experienced sales management executive, to lead its new San Francisco office
DTCC, Euroclear to Collaborate on Collateral Processing
The post-trade infrastructure providers plan to launch two utilities that will help users address increasing needs for collateral and more complex collateral processing due to regulatory change
Bottega Joins EDM Council
John Bottega, who has served as chief data officer for the Federal Reserve Bank of New York, as well as Bank of America and Citigroup, has joined the industry organization as an advisor
Only Half-Way There in Markets Reform, Says Esma Chair
Speaking at an event organized by the Association for Financial Markets in Europe (AFME) today in London, Steven Maijoor, chairman of the European Securities and Market Authorities, says that although ESMA is near to fulfilling the Group-of-20…
SuperDerivatives Debuts Trading Platform SDeX
London-based SuperDerivatives has gone live with its multi-bank, multi-asset trading platform SDeX.
Thai Futures Exchange Switches Platforms
The Thailand Futures Exchange (TFEX), under the Stock Exchange of Thailand (SET) group, has switched its derivatives trading and clearing to the equities platform, SET Connect, which was developed by Korea Exchange using Cinnober technology.
Iridian Selects SEI for Ucits Fund Admin, Custody Services
Iridian Asset Management has chosen SEI to provide a number of services for its Undertakings for Collective Investment in Transferable Securities (Ucits) fund.