News
ConvergEx Survey: Market Not “Fair For All Participants”
A recent survey on US equity market structure conducted by New York-based broker ConvergEx found that 70 percent of respondents do not believe that equity markets are “fair for all participants.”
Alasdair Haynes Named Chairman of Neonet
Swedish agency broker Neonet Securities has appointed Aquis Exchange founder Alasdair Haynes as its non-executive chairman, replacing Peter Melbi.
BI-SAM Unveils Structural Changes to Support Growth Plan
Paris-headquartered buy-side performance, attribution and risk management vendor BI-SAM has made a number of executive appointments.
Cordium and Indus Valley Partners Team Up for AIFMD Compliance
UK-based compliance specialist Cordium is partnering with New York-based technology provider Indus Valley Partners (IVP) to offer a solution for the Alternative Investment Fund Managers Directive’s (AIFMD) Annex IV reporting requirements.
Shanghai Exchange to Distribute Deutsche Börse Data in China
Under a new partnership between Deutsche Börse and the Shanghai Stock Exchange (SSE), SSE will license and distribute Deutsche Börse's market data in mainland China through its subsidiary China Investment Information Services.
Lombard Risk Appoints Groetch as Director for the Americas
Lombard Risk Management has appointed John Groetch as its new regional sales director for the Americas.
Ashmore Selects Vermilion for Client Reporting
Software vendor Vermilion has announced that Ashmore Group has gone live with its Vermilion Reporting Suite (VRS), following a four-month implementation.
Fincad Debuts F3 for Risk and Margin
Fincad, the Vancouver-based provider of over-the-counter (OTC) derivatives pricing and risk management solutions, has launched the F3 Platform, which provides enterprise-wide views of risk and collateral requirements.
Fincad Bows F3 Valuation, Analytics Platform
Canadian over-the-counter derivatives pricing and risk management software vendor Fincad has rolled out its F3 platform for enterprise valuation and risk analytics, which provides views of risk, margin and collateral requirements across an enterprise,…
Atlas, NSX Sign MOU For Digital Currency Oversight
Atlas and Jersey City, N.J.-based National Stock Exchange (NSX) have signed a memorandum of understanding to make the alternative trading system (ATS), which facilitates trading in Bitcoin, Litecoin, and digital currency options, the first of its kind to…
Tradier Gets $3M Funding to Expand API, Developer Base
Cloud-based brokerage platform and supporting data, trading and analytics application hosting environment provider Tradier has raised $3 million in new funding from Devonshire Investors-the private investment arm of Fidelity Investments' owners, the…
JSE Integrates Clearing Technology from Cinnober
The Johannesburg Stock Exchange (JSE) has partnered with Cinnober for the development of its multi-asset clearing technology platform.
US Accountability Body Criticizes SEC Infosec Approach
The US Government Accountability Office (GAO) has released a critical report on information security practices at the Securities and Exchange Commission (SEC), finding that basic security measures are not taken by the regulator and that it must improve.
Morningstar Partners UBS Delta for Solvency II Calculations
Research firm Morningstar UK and UBS Delta have announced a joint offering that will provide Solvency Capital Requirement (SCR) calculations to asset managers, as part of the Solvency II regulation.
Quincy Extends Microwave Data Service to Europe
Oakland, Calif.-based low-latency microwave connectivity and market data provider Quincy Data has expanded its Quincy Extreme Data service into Europe, to provide automated trading firms in London and Frankfurt with low-latency futures market data from…
Liquidnet Appoints Bob Garrett as Head of Technology
Institutional trading network Liquidnet has hired Bob Garrett as head of technology to lead the firm's technical development and for coordinating product developments between the executive team and product managers.
ADX Goes Live on Nasdaq OMX
The Abu Dhabi Securities Exchange (ADX) is now live on Nasdaq OMX X-Stream platform, almost two years after the two firms signed their first agreement.
FTSE-TMX Index JV Preps LatAm Indexes
FTSE TMS Global Debt Capital Markets, the index joint venture between London Stock Exchange-owned index provider FTSE and Canadian exchange group TMX, is preparing to launch a family of Latin American indexes, in partnership with Mexico-based pricing…
Barclays Live Now Available on the iPad
Barclays has launched the Barclays Live app for iPad devices, which provides institutional clients with access to the firm’s research, data and analytics in a personalized manner.
Direct Edge Expands Attributed Quote Program
BATS Global Markets' Direct Edge Exchange is expanding its attributed trading program to allow participating firms to show their order flow as being comprised of retail orders, rather than revealing their identity.
Waters Rankings 2014 Open for Entries
The Waters Rankings 2014, WatersTechnology’s only reader-determined awards, are now open for entries. As usual, entry to the 12th annual Waters Rankings is free and firms may enter as many categories as they wish, on the condition that they provide…
Data Vet Richards Starts New Advisory Firm
Data industry veteran Dale Richards has founded Island 20 Ventures, a Toronto-based advisory firm specializing in financial markets technology, including information products, Big Data, analytics and data management.
Nasdaq Bows Managed Reporting, New Fees for BONO, ITTO Options Data
Nasdaq OMX has introduced a new distribution option and accompanying fees for data from its Nasdaq Options Market's Best of Nasdaq Options (BONO) and ITCH to Trade Options (ITTO) feeds that allows distributor firms to redistribute the data to consumer…
NBAD to Become First Market Maker in United Arab Emirates
The National Bank of Abu Dhabi (NBAD) has been issued the first license from the Securities and Commodities Authority (SCA) to commence market-making activity in the United Arab Emirates.