News

Consortium Readies Italian MTF

MILAN—Three Italian banks and one trading firm are awaiting approval by Italian markets regulator Commissione Nazionale per le Società e la Borsa (Consob) to launch their new fixed-income and equities multilateral trading facility (MTF), dubbed Hi-mtf,…

Cornhill Goes Live with Fidessa

LONDON—Specialist initial public offering (IPO) and pre-IPO brokerage firm Cornhill Asset Management has gone live today, Monday, Sept. 3, with Fidessa's European Trader Workstation (ETW) in its London office, vendor officials tell DWT.

Analyst: True SOA a Pipe Dream

NEW YORK—The age of pure service-oriented architecture (SOA) technology is getting closer, but is still almost a decade away, says James Wolstenholme, research director with Garnter, who spoke at the Gartner Financial Services Technology Summit in New…

Liquidnet Preps LQTS Front End

NEW YORK—Agency broker and crossing network provider Liquidnet is on the verge of entering the second and final integration phase for its trading front end, which it acquired when it bought Miletus Trading, DWT has learned.

Kershner Rolls Out TransactTools' TCM6

NEW YORK—Proprietary trading firm Kershner Trading Group is in the midst of deploying NYSE TransactTools' Trading Connectivity Management 6.0 (TCM6) exchange gateway to replace the firm's internally developed legacy gateway, firm officials tell DWT .

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